article thumbnail

The CFO's role in IPO preparations

Future CFO

CFOs must uphold compliance with accounting standards and take a cautious approach to accounting positions, often providing additional disclosures in situations with any potential for debate. A crucial aspect of the CFO’s role is benchmarking the company’s profitability against both local and global peers.

article thumbnail

Libor: This APAC country sets up a steering committee to deal with transition

Future CFO

The Monetary Authority of Singapore (MAS) has set up a steering committee to oversee an industry-wide interest rate benchmark transition from the Singapore dollar (SGD) Swap Offer Rate (SOR) to the Singapore Overnight Rate Average (SORA), in response to the discontinuation of the use of Libor (London Inter-bank Offered Rate) in Dec 2021. .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Corporate Investors Irked By Lease Accounting Changes

PYMNTS

Chief financial officers are changing their views on how they assess corporate performance in light of changes to lease accounting rules coming into play. “Investors could then ask, ‘What are you doing with all this free cash?'”

article thumbnail

All about the chart of accounts

Spreadym

By using the chart of accounts, organizations can ensure that financial information is recorded in a logical and structured manner, facilitating efficient bookkeeping, financial analysis, and compliance with accounting standards and regulations.

article thumbnail

What is Financial Planning and Analysis (FP&A)?

Spreadym

Compliance and Regulation: Financial Planning and Analysis ensures compliance with financial regulations, accounting standards, and reporting requirements. Regular performance reviews, feedback sessions, and benchmarking against industry standards can help organizations assess and improve the efficiency of their FP&A function.

article thumbnail

Strategic Finance Focus at Year-End

VCFO

Assessing Accounting For entities preparing GAAP compliant financial statements, adoption of Revenue Recognition Standard (ASC 606) and Lease Accounting Standard (ASC 842) is now mandatory. Evaluating the carrying value of intangible assets such as goodwill and intellectual property.

Finance 91
article thumbnail

Transcript: Cliff Asness

Barry Ritholtz

But if you buy low multiples and sell high multiples, either in a long-only beat the benchmark sense, whether over and underweight, and you did the same thing everyone does and call me a hedge fund manager. And value and momentum do, whether it’s relative outperformance against a benchmark or absolute performance in a hedge fund.