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The Relationship Between a Fractional CFO and Your Public Accounting Firm

Beacon CFO Plus

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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Are Your Compliance Processes Keeping Up with Evolving Audit Requirements?

Bramasol

Its primary role is to oversee and regulate the auditing of public companies to protect investors' interests and ensure the integrity of financial reporting. Inspections: It conducts regular inspections of registered public accounting firms to assess compliance with PCAOB standards and applicable laws and regulations.

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Ernst & Young Under Scrutiny Over Wirecard Accounting Practices

PYMNTS

Ernst & Young ( EY ), the global accounting firm hired to verify Wirecard’s financials, failed to request crucial information from a Singapore bank where the German payment processor claimed it had up to 1 billion euros ($1.1 billion) in cash, the Financial Times reported.

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12 Best Paying Jobs in Finance in 2023

CFO News Room

Job security is always a concern when choosing a career, but some fields are more recession-proof than others. After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes. Budget analysts typically work in the government or for accounting firms.

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5 Challenges Nonprofits Face in 2024

The Charity CFO

These challenges include financial issues, data security compliance, and talent retention problems. Financial Sustainability For nonprofits, financial sustainability means the financial security to cover expenses and advance your mission. Implement staff and volunteer training on security best practices.

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What to Know About the Corporate Transparency Act

CFO Simplified

Most businesses will be required to file an initial BOI Report. Willful failure to comply with these new reporting requirements can result in fines up to $10,000 and up to two years in prison. There are several exemptions to these new reporting requirements, including an exemption for operating businesses (i.e.,

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What to Know About the Corporate Transparency Act

CFO Simplified

Most businesses will be required to file an initial BOI Report. Willful failure to comply with these new reporting requirements can result in fines up to $10,000 and up to two years in prison. There are several exemptions to these new reporting requirements, including an exemption for operating businesses (i.e.,