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Cross-Listed Companies, Navigating International Reporting Standards 

CFO Talks

But it also comes with a unique set of challenges, particularly for CFOs tasked with ensuring compliance with international reporting standards. For example, while South African companies follow International Financial Reporting Standards (IFRS), the US requires compliance with its Generally Accepted Accounting Principles (GAAP).

IFRS 98
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Members’ Profile: Rofhiwa Irene Singo

CFO Talks

This early encouragement played a key role in shaping my future, as it introduced me to the world of business and numbers. When you’re young, focus on deeply understanding the core accounting principles, financial reporting, and regulatory compliance. What advice would you give to someone aspiring to be a CFO?

CFO 95
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How Compliance Rules Vary For State- Vs SEC-Registered RIAs

CFO News Room

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. Author: Chris Stanley. Guest Contributor. Net capital worksheet. Surety bond.

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Parallel Accounting is a Key Tool for Global Companies with Multiple Reporting Requirements

Bramasol

One important side effect of the ongoing trend toward globalization is the need to comply with a range of different accounting principles as well as with disparate reporting and compliance mandates. Parallel Ledgers - in which multiple ledgers are used, with an accounting principle applied to each ledger.

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The Talent Tussle: Labor Shortage Hits CPAs and CFOs Alike

Global Finance

They oversee the entire financial operations of a company: from strategic financial planning and risk management to advising on investment decisions and ensuring regulatory compliance. And they typically boast a deep understanding of accounting principles, analysis, and business strategy—essentials in guiding an organization toward its goals.

CFO 105
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The Basics of Nonprofit Bookkeeping

The Charity CFO

Nonprofits must maintain thorough and accurate financial records to comply with both Generally Accepted Accounting Principles ( GAAP ) and maintain their tax-exempt status with the IRS. On top of that, nonprofit bookkeeping requires staying updated on income tax changes and filing requirements to ensure compliance. .

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Nonprofit Audit Checklist (+ Free PDF Download)

The Charity CFO

We won’t deal with other types of nonprofit audits , like compliance audits or governmental audits, which can differ in certain respects. The audit firm will come in to review your final end-of-year numbers and all the documentation they need to complete your audit. The purpose of a financial statement audit is NOT to detect fraud.

Nonprofit 105