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Are Your Compliance Processes Keeping Up with Evolving Audit Requirements?

Bramasol

Overview of the PCAOB and AICPA The Public Company Accounting Oversight Board (PCAOB) is a regulatory body established by the Sarbanes-Oxley Act of 2002 in response to corporate accounting scandals like Enron and WorldCom. Why Should You Care?

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Highest Paid CFOs in the World in 2024

The Finance Weekly

(GOOGL) stock worth over $20 million, his financial portfolio is quite diversified. Anthony Noto Anthony Noto, a famous finance executive and former NFL exec, now wears the CEO and CFO hats at a fintech company named SoFi. His main job is to handle all money matters at SoFi, like planning, accounting, and dealing with investors.

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The Pros and Cons of AI Bookkeeping

CFO Share

In the quest for efficiency and accuracy in finance, AI bookkeeping emerges as a promising solution. Consistency: By minimizing human error, AI ensures a stable and standardized bookkeeping process, crucial for maintaining consistent financial records. But does it truly live up to its promise?

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How to Find the Best FP&A Candidates for Your Team

Spreadym

FP&A candidates typically have a background in finance, accounting, or a related field and possess a combination of skills and knowledge in financial analysis, modeling, and strategic planning. Candidates should be able to connect financial data to broader business strategies.

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Do Nonprofits Use Cash or Accrual Accounting?

The Charity CFO

But that’s not quite true—nonprofits face a decision between 2 different accounting methods for tracking their financial activity: cash accounting vs. accrual accounting. Though both systems use the same numbers, looking at those numbers differently can give you a very different perspective on the state of your finances.

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Reporting unearned revenue: what you need to know

Cube Software

This ensuresthe financial statements are accurate. It provides a true picture of company financial data used in decision-making. What if I use cash basis accounting? Cash basis accounting is an accounting method whereby income and expenses are recognized only when cash is exchanged.

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The best cash flow management software for business

Spreadym

If shortfalls are projected, proactively develop strategies to address them, such as securing additional financing or adjusting expenses. Building an emergency fund can provide a cushion during challenging times and reduce reliance on external financing. Optimize Cash Flow: Identify opportunities to enhance your cash flow.