CFO Talks

APRIL 5, 2023

South African firms’ focus on compliance, but only a little else. . “But it becomes very difficult to keep abreast, especially with the interest rates, the inflation rates and all those things.”

Accounting 94

Accounting Problem Solving Compliance Currencies 94

PYMNTS

JANUARY 13, 2021

Companies that harness Medius AP can begin taking digital invoices with support for compliance with local rules, according to the announcement. The connection puts digital invoices into the AP workflow in the same manner as hardcopy invoices or a PDF, according to the announcement.

Invoicing 67

Invoicing Accounts Payable Compliance Accounting Firms 67

PYMNTS

NOVEMBER 15, 2018

That means the companies are dealing exclusively in cash, even when paying their taxes.

B2B 83

B2B Compliance Accounting Firms Banking 83

Future CFO

MARCH 14, 2024

Talent shortage among accounting staff continues to persist in many parts of the world including Southeast Asia, with the issue being most felt by small accounting firms that struggle to compete with the big accounting firms: KPMG , PwC , Ernst & Young , and Deloitte.

Accounting 98

Accounting Finance Financial Analysis Compliance 98

Bramasol

NOVEMBER 13, 2023

For example, at Bramasol we made a decision over a decade ago to focus on SAP finance solutions for the office of the CFO, with a specific emphasis on the new revenue recognition compliance requirements in ASC 606 and IFRS 15. In other situations, delivering holistic solutions requires a multi-partner collaborative approach.

SAP 82

SAP General Ledger IFRS Compliance 82

Bramasol

OCTOBER 31, 2023

Augmented in recent years by our additional specialization in SAP Quote-to-Cash solutions, Bramasol now offers a unique approach for integrating both frontend customer-facing processes and backend compliance processes within a unified approach that can adapt and scale to virtually any requirements.

SAP 69

SAP IFRS Compliance Entertainment 69

PYMNTS

JULY 9, 2020

That can lead to more complex transactions, with amendments to customer orders and more compliance standards, which RecVue’s product can help streamline. RecVue , meanwhile, boasts a revenue management solution that can help companies going through a period of rapid growth in recurring revenue.

IFRS 65

IFRS Compliance B2B Accounting 65

The Charity CFO

APRIL 19, 2022

Red Flag #2: Hidden Compliance Issues. 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. DO NOT let compliance issues linger. And those are all valid concerns.

Nonprofit 87

Nonprofit Compliance Auditing Accounting 87

CFO Network

FEBRUARY 21, 2024

Access to Top-Tier Expertise One of the most surprising advantages of outsourced accounting is gaining access to top-tier expertise. When you partner with a reputable accounting firm, you tap into a wealth of knowledge and experience. This expertise can lead to substantial savings by avoiding costly financial mistakes.

Accounting 52

Accounting Compliance Concentration Accounting Firms 52

PYMNTS

DECEMBER 10, 2019

-based FinTech specializing in facilitating payments for small business accountancy firms, is partnering with BIN (bank account identification number) sponsor Moorwand to further streamline the payments experience for accountants and bookkeepers. In a press release issued Tuesday (Dec.

Accounting 52

Accounting B2B Accounts Payable Accounting Firms 52

PYMNTS

AUGUST 27, 2019

We saw that a vast majority of payment solutions available to CPA and accounting firms today were broadly created for general use by businesses across virtually all industries,” Hall told PYMNTS in a recent interview. These solutions create a disjointed, and sometimes ‘bloated’ experience for accounting professionals.”.

Cash Flow Forecasting 60

Cash Flow Forecasting Accounting Firms Accounting Standards Accounting 60

PYMNTS

APRIL 9, 2018

“Our research shows that rather than putting an accountant’s job on the line, cloud technology is enabling significant growth and as a result, revenue is increasing, teams are expanding and roles are evolving. What it means to be an accountant today is a far cry from what it was before online accounting,” he added.

Accounting 49

Accounting Accounting Firms B2B Technology 49

PYMNTS

MAY 5, 2020

The company’s filing with the Securities and Exchange Commission (SEC) on Tuesday (May 5) indicated that its accounting firm had “substantial doubt” about NCL’s ability to stay in business. The company said in the filing that although it was in compliance with all debt agreements as of March 31, it might need waivers.

Investments 65

Investments Compliance Accounting Firms Accounting 65

The Charity CFO

MARCH 28, 2024

Your nonprofit accounting system might not be the most exciting part of your organization, but it’s one of the most important aspects. An effective accounting system helps you stay in compliance with tax and legal regulations–helping you maintain your exempt status. However, effective accounting isn’t just about following rules.

Nonprofit 52

Nonprofit Accounting Budgeting Compliance 52

PYMNTS

MARCH 15, 2019

For some entrepreneurs, those restrictions may lead them to automated software that pulls the accounting function within a company’s walls. According to AccuAlly’s Kattoura, these trends do not imply that automated small business accounting and tax management platforms are unnecessary.

Accounting 77

Accounting Accounting Firms Auditing Budgeting 77

PYMNTS

JANUARY 10, 2019

Today, external auditors and accountants are facing rising pressure to mitigate risk amid market volatility, with analysts pointing to increased auditing fees last year as accounting standards tighten.

Finance 74

Finance Risk Management Auditing Accounting Standards 74

PYMNTS

APRIL 4, 2019

Australian small business cloud accounting firm MYOB is moving closer to an acquisition by private equity firm KKR, but in the meantime, the company is keeping up with market shifts.

Compliance 51

Compliance Accounting Accounting Firms Planning 51

PYMNTS

OCTOBER 25, 2019

Top accountancy firms are asking the Financial Accounting Standards Board (FASB) to clarify how corporates should report on supplier finance programs that are in place, according to Compliance Week reports on Friday (Oct. “Trade payables classification tends to be treated more favorably than borrowings (i.e.,

Finance 40

Finance GAAP Compliance Accounting Standards 40

PYMNTS

JANUARY 9, 2019

Separate reports from The Wall Street Journal ( WSJ ), published last April, also demonstrated the changing nature of corporate finance: While the Big Four accounting firms’ advisory and consulting revenue jumped by a combined 44 percent since 2012, revenue from straightforward auditing for the firms rose just 3 percent in that time.

Accounting 71

Accounting Corporate Finance Accounting Firms Financial Data 71

CFO Network

MARCH 18, 2024

Access to Specialized Expertise: Why Outsourcing Matters Another compelling reason to consider outsourced accounting is access to specialized expertise. Accounting firms employ professionals proficient in various accounting and finance domains. Many SMBs grapple with concerns about data security and confidentiality.

Accounting 52

Accounting Prioritization Communication Accounting Firms 52

Bramasol

OCTOBER 31, 2023

Augmented in recent years by our additional specialization in SAP Quote-to-Cash solutions, Bramasol now offers a unique approach for integrating both frontend customer-facing processes and backend compliance processes within a unified approach that can adapt and scale to virtually any requirements.

SAP 52

SAP IFRS Compliance Entertainment 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.

Nonprofit 82

Nonprofit Budgeting Compliance CFO 82

The Charity CFO

JULY 3, 2024

Grant Management: Review the status of grants and compliance with grant requirements or conditions. Step 3: Check compliance with financial policies and regulations. Introducing technology, such as accounting software, can help your organization stay organized and maintain accurate financial records.

Nonprofit 52

Nonprofit Budgeting Compliance CFO 52

CFO Simplified

MARCH 7, 2024

accounting firms, SEC registered businesses, insurance companies, and publicly traded corporations). The CTA seeks to pull smaller shell companies and holding companies into the regulatory framework, which means the brunt of CTA compliance falls on smaller businesses.

Tax Planning 59

Tax Planning Compliance Restructuring Treasury 59

PYMNTS

DECEMBER 7, 2020

Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending. ImagineTime, Mango Billing Partner On Digital Accounting.

B2B 63

B2B Finance Practice Management Invoicing 63

PYMNTS

JUNE 9, 2020

To connect modern accounting firms with small businesses, FreshBooks rolled out its FreshBooks Accounting Professionals Program. Small business owners benefit immensely when their accounting partners offer forward-looking analysis and advice.

Accounting 52

Accounting Education Compliance Accounting Firms 52

PYMNTS

JUNE 1, 2020

The teams of EY will tap into the software technology of GTKonnect, which covers a number of areas with the inclusion of free trade agreements, import/export compliance, country of origin, master data management, foreign trade zones and tariff classification as well as reconciliation.

Reconciliations 52

Reconciliations Data Analysis Compliance Accounting Firms 52

CFO Plans

JUNE 27, 2024

Certified public accountants (CPAs) within outsourced accounting firms offer expert tax planning and preparation services. These professionals ensure compliance with tax laws, identify potential deductions, and develop strategies to minimize tax liabilities, ultimately saving businesses money.

Financial Reporting 52

Financial Reporting Tax Planning CFO Manufacturing 52

PYMNTS

MAY 4, 2020

Accounting firms have become an important collaborator in aiding cloud migrations by small to medium-sized businesses (SMBs), according to Alan Chang, managing director of Singapore Corporate Services (SCS).

eCommerce 67

eCommerce Accounting Accounting Firms B2B 67

The Charity CFO

MAY 19, 2023

In a previous article, we discussed the benefits, risks, and compliance requirements of outsourcing bookkeeping for nonprofit organizations. Not only does it fulfill compliance requirements, but it also plays a crucial role in achieving the organization’s mission.

Cash Management 52

Cash Management Nonprofit Compliance Budgeting 52

Future CFO

DECEMBER 26, 2019

Small businesses now have so much choice when it comes to selecting an accounting practice, that ordinary services like compliance, tax preparation and basic bookkeeping have become commoditised. This represents a major opportunity for Singapore accounting firms to grow their advisory services.

CFO 40

CFO Compliance Cash Flow Forecasting Accounting 40

CFO Plans

AUGUST 23, 2024

A Fractional CFO leverages their in-depth knowledge of tax laws to ensure compliance and identify opportunities for tax savings. Explore our outsourced accounting solutions. Leveraging Technology for Financial Management Technology-Driven Accounting Support In the digital age, leveraging technology for accounting is essential.

CFO 52

CFO Tax Planning Leverage Budgeting 52

PYMNTS

FEBRUARY 6, 2019

This shift has been so acute that small business cloud accounting firm Xero is even petitioning the Oxford English Dictionary to change the definition of “accountant” to one that includes the word “advise.” “There will be changes.

Corporate Finance 74

Corporate Finance Accounting Finance Accounts Payable 74

CFO Simplified

MARCH 7, 2024

accounting firms, SEC registered businesses, insurance companies, and publicly traded corporations). The CTA seeks to pull smaller shell companies and holding companies into the regulatory framework, which means the brunt of CTA compliance falls on smaller businesses.

Tax Planning 52

Tax Planning Compliance Restructuring Treasury 52

The Charity CFO

APRIL 18, 2024

These challenges include financial issues, data security compliance, and talent retention problems. Compliance with Evolving Regulations Nonprofits are no strangers to regulatory and compliance issues. But what if you need extra help setting up your nonprofit accounting tech stack or recording donations correctly?

Nonprofit 52

Nonprofit Compliance CFO Leverage 52

PYMNTS

JUNE 18, 2019

Corporate auditing and accounting firm KPMG remains in the crosshairs of regulators in various parts of the globe. government’s Public Company Accounting Oversight Board. . government’s Public Company Accounting Oversight Board. The most recent case is rooted in the U.S.,

Auditing 46

Auditing Accounting Compliance Accounting Firms 46

Future CFO

NOVEMBER 27, 2022

Three of the four largest accounting firms have pledged to invest more in AI and data analytics products and training over the next few years so we can expect widespread adoption of modern technologies for day-to-day business activities. You get this whole new level of streamlined accounting and compliance processes.

Finance 52

Finance CFO Compliance Auditing 52