EY: As AI compliance looms, CFOs are strategy ‘nerve center’
CFO Dive
JANUARY 22, 2024
Balancing innovation with compliance, CFOs are essential in creating companies’ AI strategy, EY’s Liban Jama said.
This site uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country we will assume you are from the United States. View our privacy policy and terms of use.
CFO Dive
JANUARY 22, 2024
Balancing innovation with compliance, CFOs are essential in creating companies’ AI strategy, EY’s Liban Jama said.
CFO Dive
NOVEMBER 1, 2022
Handing over the reins of compliance programs to finance executives can curb risks, according to the Institute of Management Accountants.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Navigator SAP
JANUARY 1, 2023
Businesses often view compliance management with a mixture of confusion and dread due to the constant changes that occur to compliance recommendations and regulations.
CFO Dive
MAY 24, 2022
Many compliance executives lack the funding needed to contain an expanding range of risks, Accenture found in a survey.
Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy
With 20% of Americans owning cryptocurrencies, speaking "fluent crypto" in the financial sector ensures you are prepared to discuss growth and risk management strategies when the topic arises.
Bramasol
MARCH 15, 2024
This webinar focuses on how companies can optimize their Order-to-Cash-to-Compliance processes by combining SAP’s latest cloud-based financial solutions to enhance efficiency and drive business value.
CFO Dive
MARCH 7, 2024
The rule passed by a 3-2 vote Wednesday morning, absent requirements for scope 3 reporting and slimmer scope 1 and scope 2 requirements.
CFO News
FEBRUARY 27, 2024
Tax experts stress the urgency of prioritizing GST compliance, emphasizing prompt response to summonses and adherence to regulations amidst increasing scrutiny, while urging for simplified tax procedures.
CFO News
APRIL 21, 2024
From annual submission form GSTR-4to verification and reconciliation of credit and cash balances on the GST portal, finance personnel need to cater to several GST related compliance during this fiscal.
Speaker: Erika R. Bales, Esq.
When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Bales, Esq.
Nerd's Eye View
APRIL 26, 2023
One of the most intimidating aspects of launching a solo advisory firm is the question of how to manage compliance. Creating a compliance calendar for a solo RIA can help to systematize and manage compliance tasks, requirements and deadlines. Read More.
Nerd's Eye View
APRIL 26, 2023
One of the most intimidating aspects of launching a solo advisory firm is the question of how to manage compliance. Putting all of this information together, it’s possible to create a compliance calendar that accounts for each task required, its frequency, and the due date for each.
Bramasol
APRIL 15, 2024
In this new post, we get more granular to provide an update on how AI and Gen AI can enhance productivity, insights, and results in finance applications such as order-to-cash to compliance (OTC 2 ), along with a look at how new SAP AI initiatives are key to this transformation.
CFO News
AUGUST 6, 2023
A recent survey by law firm AZB & Partners shows that companies in India are increasingly focused on compliance and ethics as they look to attract investment and quality employees. According to the survey, 74% of respondents believe that the use of whistle-blowing mechanisms is crucial for uncovering ethical issues within organizations.
Bramasol
JANUARY 18, 2024
This new post provides a deeper dive into the key issues involved with optimizing end-to-end Order-to-Cash (OTC) and revenue recognition compliance for SaaS offerings. Bramasol takes a unique approach to combining specific SAP BRIM applications with revenue compliance to give companies the exact features they need.
CFO Dive
DECEMBER 13, 2023
The Trump Organization is ultimately responsible for ensuring their financial statements are compliant, rather than their accountants, professor of accounting Eric Lewis said.
Future CFO
MARCH 6, 2024
The cost of financial crime compliance in the Asia-Pacific region in 2023 totaled US$45 billion, according to a study by LexisNexis Risk Solutions. This emphasises the investment needed in highly qualified compliance professionals to effectively address and fulfill stringent compliance requirements.
CFO News Room
NOVEMBER 30, 2022
And yet, despite the prominent role of taxes in financial planning, advisors are often prohibited by their compliance departments from making recommendations for a specific course of action on a certain tax strategy. Avoiding Compliance And Liability Issues When Giving Tax Advice.
CFO Dive
NOVEMBER 27, 2023
The Investment Tax Credits (ITC) transfers are a powerful new tool for corporations to manage their tax liability. However, executing ITC purchases requires robust due diligence, structuring and insurance to de-risk each transaction.
Future CFO
MARCH 16, 2022
Companies are estimated to reduce annual compliance training by 50% by 2025, said Gartner recently. Many compliance leaders are dissatisfied with the effectiveness of their existing program activities,” said Chris Audet, senior director, research in the Gartner Legal, Risk & Compliance practice.
CFO News
JANUARY 26, 2024
“We have made a focused effort to reduce the compliance burden with over 40,000 different compliances across the country either being eliminated or certainly simplified,” Goyal said in an interaction with innovators and entrepreneurs.
Bramasol
FEBRUARY 9, 2024
As this blog series continues to explore optimizing quote-to-cash (QTC) to compliance for different industries, in this episode we dive into the special challenges faced by companies in the telecom sector and address how solutions in the SAP portfolio help overcome them.
The Charity CFO
APRIL 5, 2023
In order to confidently run your organization, it’s important to have a strong understanding of nonprofit compliance requirements. In addition to the many struggles of running a business, nonprofits have additional hurdles to overcome as it relates to their mission, employment strategy, accounting, and compliance.
https://trustedcfosolutions.com/feed/
AUGUST 12, 2022
At its core, SOX compliance helps to ensure the accuracy of a company’s financial statements and protects the business from fraud, cyber-attacks, lawsuits, and more. The post Sage Intacct For SOX Compliance appeared first on. This means no single user can initiate and approve a transaction.
Nerd's Eye View
OCTOBER 11, 2023
However, this "Compliance Rule" did not technically require that the annual compliance review of policies and procedures be conducted in writing, even though advisers were required to maintain records if they did document such reviews in writing! the SEC's new marketing rule).
CFO News Room
NOVEMBER 2, 2022
Chris Stanley is the Founding Principal of Beach Street Legal LLC, a law practice and compliance consultancy whose sole purpose is to help entrepreneurial investment advisers and financial planners succeed. Compliance policies and procedures manual. The adviser discloses its compliance with these conditions in its Brochure.
Cube Software
AUGUST 7, 2023
What is compliance management? Compliance management is the process of ensuring your organization operates within applicable laws, regulations, and standards.
Future CFO
SEPTEMBER 16, 2022
What are the role of Chief Financial Officers (CFO) and senior finance leaders when it comes to data privacy and compliance? CFOs today need to have a strong understanding of technology-driven issues such as information security, data management, and data privacy and compliance.
CFO News
AUGUST 22, 2023
Top CFOs of India discuss how their respective businesses manage the compliance burden, costs, etc, how they use technology to make the process efficient and less taxing, and how the right company culture can help manage the compliance load. Here's what they said:
CFO News
MAY 5, 2023
With critical processes on auto-pilot, enterprises can achieve the two-fold goal of de-risking non-compliance and improving their overall finance value.
CFO News
MAY 28, 2023
In an email to about 20 fund officials and senior professionals, Sebi has asked them to suggest ways to lessen the compliance burden on the funds, which, many in the industry believe, has led to a regulatory overkill.
VCFO
JULY 21, 2023
The Pregnant Workers Fairness Act (PWFA) – Business Compliance and Implementation Over decades, numerous local, state, and federal laws have been enacted to ensure employees are provided with sensible working conditions and protections from discrimination based on medical conditions and a range of other factors.
CFO News
MAY 27, 2023
KV Kamath believes that the level of compliances and complaince burden for businesses should be reduced. The veteran banker spoke on various topics on Friday, at Ficci's CFO summit, where he also commented on India's FDI slowdown, target economic growth needed for good FDI flows, reduction in litigation and much more. Here's what he said:
Future CFO
SEPTEMBER 27, 2023
Global financial crime compliance costs among financial institutions totalled over US$206 billion in the past 12 months, according to a LexisNexis risk solutions study. This marks the highest increase in financial crime compliances costs in the last 12 months. per month for each working-age individual in the world. in comparison.
Bramasol
JANUARY 27, 2023
Effective lease management must go beyond a one-time compliance perspective by enabling both ongoing management of lease changes and seamless integration with associated finance processes. CLM can either be integrated with third-party leasing or legacy applications or can be used to create a complete leasing solution in SAP S/4HANA.
Cube Software
MAY 30, 2023
What is compliance reporting? Compliance reporting is when an organization provides concrete evidence that its reporting practices comply with external standards or internal controls.
CFO News
MARCH 21, 2024
With GenAI, managing complex tax compliances can become easier, the study noted. At present, there is usually a time gap between the specific regulatory requirements and readiness of an organisation to be able to correctly furnish large amounts of data at the outset.
Future CFO
SEPTEMBER 14, 2023
When it comes to tax transformation, compliance is seen as the greatest challenge among 43% of companies surveyed by Deloitte. The post Tax transformation: Compliance is many firms’ greatest challenge appeared first on FutureCFO.
CFO News
FEBRUARY 9, 2023
With compliances and penalties being eased, it will not only further enhance India’s rank but will get India a tag of being a preferred destination for foreign capital. In addition, this will reduce the burden on the already burdened judicial system to hear and award criminal punishments.
CFO News
MARCH 17, 2024
The Securities and Exchange Board of India (Sebi) has exempted overseas funds, having more than 50% of their India equity assets under management in a single corporate group, in case the concentrated holdings of the funds are in a listed company with no identified promoter.
CFO News
JANUARY 15, 2024
"The voluntary adoption of parallel testing not only streamlines the compliance process for manufacturers but also significantly accelerates the go-to-market strategy compared to the traditional sequential testing methodology," Suhail Zaidi, director general of industry body MAIT said.
Future CFO
JUNE 20, 2022
The rate of compliance reporting has dropped by 30% from before the pandemic, said Gartner recently. The increase in remote and hybrid working practices has reduced the amount of misconduct and the potential to observe it, said Chris Audet, senior director, research in the Gartner Legal, Risk & Compliance practice. .
Bramasol
JANUARY 16, 2022
This latest installment in our ongoing DSE blog series takes a step back with a holistic look at the entire order-to-cash process and explores how revenue accounting compliance can seamlessly integrate with DSE. Compliance with ASC 606 / IFRS 15 requires separate cumbersome processes. How to Get Started?
CFO Dive
MAY 2, 2022
Forty percent of businesses surveyed by EY have considered adding headcount, outsourcing tax department operations and investing in new technology to meet BEPS 2.0 requirements.
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content