Beacon CFO Plus

NOVEMBER 30, 2023

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively.

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Accounting Firms CFO Accounting Prioritization 52

CFO Dive

JUNE 22, 2022

The new requirements come as many companies have expanded their operations globally, leading to an increase in audits executed by multiple accounting firms.

Auditing 144

Auditing Accounting Firms Accounting 144

The Charity CFO

APRIL 28, 2023

Is there an advantage to working with accounting firms specializing in nonprofits? However, running a nonprofit comes with unique challenges that require specialized expertise, particularly in financial management and accounting. Accounting firms specializing in nonprofits can help you comply with these regulations.

Nonprofit 52

Nonprofit Accounting Firms Accounting Auditing 52

CFO News

MAY 22, 2025

India's Big Four accounting firms, traditionally known for audit and tax services, are now dominating technology consulting. This shift marks a significant pivot, with firms like Deloitte and EY dedicating a large portion of their workforce to this rapidly growing sector.

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Auditing Accounting Firms Accounting Technology 40

Future CFO

JANUARY 22, 2024

Two audit firm solutions of Wolters Kluwer have been pre-approved by the Infocomm Media Development Authority (IMDA), a statutory board of the Singapore government, said Wolters Kluwer Tax & Accounting (TAA) Asia Pacific (APAC) recently.

Auditing 52

Auditing Practice Management Accounting Firms Accounting 52

Future CFO

FEBRUARY 23, 2023

Auditing and accounting talent shortage continue to make employers toss and turn, according to a global survey of more than 4,100 accountants and 2,300 auditors. When it comes to talent retention, more than 85% of accountants and 90% of auditors said it is either somewhat or extremely difficult.

Auditing 52

Auditing Accounting Accounting Firms Practice Management 52

CFO News

AUGUST 16, 2024

Accountancy firm PwC has been fined by the UK's Financial Conduct Authority for failing to report suspicions of fraud during an audit of the LCF fund, in the watchdog's first ever fine against an auditor.

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Auditing Accounting Accounting Firms Marketing 45

CFO Thought Leader

OCTOBER 2, 2024

The Plante’s collaborative culture—not to mention the promise of a CFO role within a few years—aligned perfectly with her leadership ethos and goals. On transitioning from public accounting to industry: “I wanted to feel connected to a business, as opposed to maybe going from every company to company that we were auditing.

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CFO Technology Finance Leadership 52

CFO News

FEBRUARY 15, 2023

The exchanges had sought a clarification from the company after Business Standard reported that the embattled Adani group had appointed accountancy firm Grant Thornton for an independent audit of some of its companies in a bid to come clean of the damning allegations levelled by the US short-seller Hindenburg Research and to assure investors and regulators. (..)

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Auditing Marketing Accounting Firms Accounting 52

CFO News

MARCH 25, 2025

Accounting firm PwC has been fined 4.5 The fine relates to PwC's audit of Wyelands Bank's financial records for the year 2019. million (approximately $5.8 million USD) by Britain's Financial Reporting Council (FRC). The FRC announced the sanction in a statement released on Tuesday.

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Auditing Accounting Firms Financial Reporting Accounting 40

CFO Talks

AUGUST 23, 2023

Nonkululeko Gobodo’s advice for shattering glass ceilings Written by: Leigh Schaller Nonkululeko Gobodo, one of the founders of what would become South Africa’s largest black-owned accounting firms as well as the first black female CA(SA) spoke to Chwayita Deliwe, co-owner of CN Outsourced Finance on the CFOClub Podcast.

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Auditing CFO Restructuring Accounting 98

Focus CFO

APRIL 7, 2023

We are pleased to announce that Jim Murdy has joined the FocusCFO, bringing his skills to small and medium-sized businesses in Southeast Ohio by providing Fractional CFO services. He reated and managed the first internal audit department at a community hospital located in Wheeling, WV.

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Auditing Leadership Accounting Firms CFO 52

BlueLight

JULY 30, 2020

The financial implication of these decision is critical and the CFO is the executive helping the CEO navigate these decisions. Historically, the CFO role was focused on backward looking information: ensuring on-time and accurate financial reporting. The CFO suite doesn’t want to be the “department of No.” It evolves with stage.

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

PYMNTS

SEPTEMBER 24, 2018

A research firm has discovered that the number of material accounting mistakes made by U.S. Massachusetts-based Audit Analytics looked at disclosures from more than 9,000 U.S.-listed listed companies since 2005, finding firms that had to reissue their financials due to errors. public companies has gone up this year.

Numbers 68

Numbers Accounting Accounting Principles Corporate Finance 68

CFO News Room

DECEMBER 16, 2022

As a financial executive, the chief financial officer (CFO) is responsible for the financial health of an organization. The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and risk management. The CFO primarily controls financial affairs.

Finance 130

Finance Budgeting Financial Analyst Compliance 130

The Charity CFO

APRIL 19, 2022

When most nonprofits think about ‘accounting issues,’ they’re concerned about poorly prepared financial reports, bookkeeping errors, gaps in communication with funders, bad audits and a million more things in this vein. Has the Department of Labor audited your organization for misclassifying contractors as employees?

Nonprofit 87

Nonprofit Compliance Auditing Accounting 87

The Charity CFO

JULY 2, 2024

The first thing you need to do to modernize your operations is assess your current processes and policies with an operations audit. During your audit, take a look at your current systems, workflows, and procedures to identify areas that are working well–and those that need improvement. Get the free guide!

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Nonprofit Auditing Prioritization CFO 52

CFO News

JULY 16, 2023

The size of the contract will require the Big Four accounting firm to call in staff from other countries to work on the audit, two people told the FT. PricewaterhouseCoopers (PwC), which has been Credit Suisse's auditor since 2020, will audit the acquired bank's accounts for 2023, according to the newspaper.

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Auditing Accounting Firms Accounting Banking 52

CFO Talks

AUGUST 10, 2022

Welcome to this SAIBA CFO podcast, SAIBA is the South African Institute of Business Accountants, it has more than 12 000 members in the country and specialises in a wide range of disciplines such as accountancy and tax, training and development, career enhancement, legislation and financial reporting.

Auditing 52

Auditing CFO Accounting Compliance 52

The Charity CFO

JANUARY 21, 2022

Both Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) 116/117 require at least a minimum level of fund reporting, so you’ll need it in order to pass an audit. But once you start getting larger donations or grants, fund accounting quickly becomes a necessity. .

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Nonprofit Accounting GAAP Accounting Principles 92

The Charity CFO

JANUARY 17, 2022

The #1 accounting mistake that nonprofits make is hiring the wrong people to help them. Get this FREE guide to discover what you need to do to ensure you hire the right accountant, bookkeeper, or CFO the FIRST time. These financial statements are required for a nonprofit audit. Get the free guide!

Nonprofit 89

Nonprofit Accounting Profit and Loss Accounts Payable 89

CFO News

SEPTEMBER 25, 2023

Kishore Biyani, founder of the Future Group, has challenged the forensic audit process and report submitted by accounting firm BDO India LLP and its lender, Bank of India, at the Bombay High Court. This development comes after Bank of India asked Future Retail and its promoters to respond to a forensic audit report.

Auditing 52

Auditing Banking Accounting Firms Retail 52

CFO Talks

FEBRUARY 20, 2024

Farhaan Moolla: Innovative Leadership: The Journey of a modern and dynamic CFO Written by: Staff writer In this podcast Farhaan Moolla, a seasoned CFO with a notable career in financial leadership and strategic planning, shared his journey, beginning with his entrepreneurial family background. Farhaan : Mornin g, Nicola a s !

Leadership 52

Leadership CFO Accounting Finance 52

The Charity CFO

OCTOBER 4, 2022

That doesn’t mean that the operations manager needs to be an accountant. Generally, they’ll oversee the accounting team or work as a liaison with an outsourced accounting firm. But ultimately, they are responsible for ensuring that the accounting work is done correctly and on time. Get the free guide!

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Nonprofit Budgeting Compliance CFO 82

The Charity CFO

APRIL 2, 2024

It’s important to do your due diligence when looking for an accounting partner. Nonprofit accounting has several major differences from for-profit accounting. An accounting firm that specializes in nonprofit accounting knows the legal and tax limitations of a nonprofit organization. Contact us today !

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Nonprofit Accounting Accounting Firms Communication 52

The Charity CFO

MAY 31, 2024

Prepare for Audits Inaccurate financial data is one of the top mistakes found in nonprofit audits , but a well-organized bookkeeping system can help you be ready for an audit. Learn More About Nonprofit Accounting Technology Diving into the world of nonprofit accounting software can feel like information overload.

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Nonprofit Technology Auditing Profit and Loss 52

Future CFO

SEPTEMBER 7, 2022

According to to “Sustainability – Jobs and Skills for the Accountancy Profession”, a joint study by ISCA, EY, Singapore Management University (SMU) and Singapore Accountancy Commission (SAC), the chief finance & sustainability officer (CFSO) is an emerging C-suite position.

Finance 52

Finance Auditing Corporate Finance Accounting 52

The Charity CFO

JULY 1, 2024

Nonprofit Accounting Expertise and Experience Nonprofit accounting isn’t the same as for-profit business accounting. Your organization needs a nonprofit accountant who understands the differences and has experience in nonprofit accounting. Get the free guide!

Nonprofit 52

Nonprofit Accounting Budgeting Accounting Firms 52

PYMNTS

JULY 5, 2017

For a chief financial officer (CFO), having technology — from ERP systems to cloud accounting and cash forecasting tools — has become paramount when deploying a successful growth strategy. The nature of financial reporting is to communicate facts aggregated using accounting rules. These facts can be audited back to the source.

Financial Data 52

Financial Data Financial Reporting Auditing CFO 52

The Charity CFO

APRIL 25, 2024

About The Charity CFO The Charity CFO is an accounting firm specializing in serving nonprofits through outsourced accounting and fractional CFO services. We know what a nonprofit goes through each day, and we utilize technology to simplify our clients’ accounting processes. Where is the money?

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

Future CFO

NOVEMBER 27, 2022

Sanjay Patil , executive partner for finance and supply chain transformation at IBM Consulting , ASEAN, says the CFO role is evolving and is now aligned with the priorities of the CEO for the organisation including improved efficiencies and customer experience. Why is artificial intelligence important to the CFO and the finance team?

Finance 52

Finance CFO Compliance Auditing 52

The Charity CFO

JULY 3, 2024

For example, if you don’t have time to conduct a review, you could hire an external accounting firm to perform an audit or reduced scope of work. An easy solution is to work with a nonprofit accounting and financial firm, such as the Charity CFO, to help you organize and complete your review.

Nonprofit 52

Nonprofit Budgeting Compliance CFO 52

Future CFO

AUGUST 18, 2022

When it comes to ESG assurance, 82% of engagements were limited in scope in 2020, essentially the same as in 2019 (83%), according to a joint study by IFAC, American Institute of CPAs (AICPA) and Chartered Institute of Management Accountants (CIMA) that reviewed data from 1,400 global companies from the G20 nations plus Hong Kong and Singapore. .

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IFRS Auditing Accounting Standards Accounting Firms 52

https://trustedcfosolutions.com/feed/

SEPTEMBER 20, 2021

As the CFO or Venture Capitalist of a Private Equity Fund, you may already have an ERP system in place. Sage Intacct Is An Excellent Wrapping — Trusted CFO Solutions is the Right Partner. There are multiple accounting firms like Trusted CFO Solutions that work with Sage Intacct. About The Author.

Technology 52

Technology CFO Accounting Financial Reporting 52

Future CFO

MARCH 1, 2023

Additional key findings Use of Sustainability Accounting Standards Board (SASB) standards and the Task Force on Climate-Related Financial Disclosures (TCFD) framework have increased significantly between 2019 and 2021: there was a 29% increase for SASB standards usage and 30% for the TCFD framework.

Accounting Standards 52

Accounting Standards Auditing Accounting Accounting Firms 52

The Charity CFO

AUGUST 15, 2023

Myth #3: Nonprofit Accounting (GAAP) and the IRS Rules are the Same Another common misconception is that GAAP and IRS rules are the same when it comes to nonprofits, however, they are not. One key differentiator is that what is recorded following GAAP is what will show up on the audit and may not show up on the IRS tax form, Federal Form 990.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

The Charity CFO

APRIL 18, 2024

For instance, working with a nonprofit accountant, like The Charity CFO, can help you reduce your risk of financial non-compliance. Consider these three tips to help you start leveraging data without compromising user data: Use cloud-based accounting and customer data software like QuickBooks Online. Get the free guide!

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Nonprofit Compliance CFO Leverage 52