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Highest Paid CFOs in the World in 2024

The Finance Weekly

They also pitch in on major financial moves like mergers and fundraising. They double-check financial reports for accuracy and offer advice to the company leaders and the board. The CFO plays a key role in ensuring these statements are accurate and in line with standard accounting principles (GAAP).

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Under Armour Defends Reputation Amid Investigations

PYMNTS

We’ve certainly never claimed to be perfect, but our team has earned and deserves more respect than this reporting currently affords us.”. Under Armour has been under investigation by the Department of Justice and the Securities and Exchange Commission, and the company said it has been cooperating with the probe since July 2017.

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Pulling Back The Curtain On Corporate Finance Reports

PYMNTS

.” Accounting strategies can not only boost transparency for regulators and visibility for a firm’s own leadership, but regulators say they can also promote security. ” Meanwhile, previous research from Audit Analytics has also revealed that the number of accounting errors among the U.S.’s

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Reporting unearned revenue: what you need to know

Cube Software

If a company fails to accurately record its unearned revenue, it could lead to inaccurate financial reporting and create potential legal issues. If revenue is improperly recognized, it will report higher profits than actual. If an issue arises with unearned revenue, it’s important to research and rectify the reports.

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The 5 Best Financial Reporting Software to Enhance the Productivity of CFO

Spreadym

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have. What is financial reporting software?

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How to create & use pro forma statements

Cube Software

Pro forma financial statements and GAAP It's important to note that, since pro forma statements are based on hypothetical or projected data, they are not compliant with generally accepted accounting principles—GAAP statements must be based on actual financial results.

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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. It may take some time for users who are unfamiliar with accounting principles to become proficient in using the software. Optimize Cash Flow: Identify opportunities to enhance your cash flow.