Beacon CFO Plus

NOVEMBER 30, 2023

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.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

Future CFO

SEPTEMBER 24, 2023

Manish Modani , CFO at RDC Concrete (India) , discusses what fuels the newfound appreciation for financial expertise hence the observed evolution to the CFO role. Over the past few decades, the role of the CFO has undergone a remarkable transformation.

CFO 52

CFO Manufacturing Accounting Standards Compliance 52

CFO Dive

OCTOBER 3, 2023

The board may remove some "non-authoritative" definitions from the codification — effectively the bible of generally accepted accounting standards.

GAAP 297

GAAP Accounting Standards Accounting 297

CFO News

OCTOBER 25, 2023

The Adani Group has stated that it has followed all relevant accounting standards and laws. The National Financial Reporting Authority (NFRA) has requested audit affiliates of Deloitte, EY, KPMG, Grant Thornton, and two Ahmedabad-based CA firms to provide information regarding their audit practices while auditing Adani companies.

Accounting Standards 52

Accounting Standards Auditing Accounting Financial Reporting 52

CFO Dive

DECEMBER 15, 2023

standard setter has issued nine new accounting standards updates so far this year, compared to six in all of 2022.

Accounting Standards 278

Accounting Standards Accounting 278

CFO Thought Leader

MAY 21, 2023

” –Alison Staloch, CFO, Fundrise CFOTL: Tell us about Fundrise … what does this company do, and what are its offerings today? jb Fundrise | www.fundrise.com | Washington, DC The post 900: A Dose of Professional Fulfillment | Alison Staloch, CFO, Fundrise appeared first on CFO THOUGHT LEADER, CFO, Finance, Leadership, CPA.

CFO 52

CFO Investments Accounting Accounting Standards 52

CFO Dive

JULY 17, 2023

The current expected credit losses accounting standard was aimed at fostering timelier reporting of deteriorated assets. It’s been controversial.

Accounting Standards 231

Accounting Standards Accounting 231

CFO Dive

JANUARY 19, 2023

The project to improve software accounting standards is a long time coming. At least one element of the current standards has remained largely unchanged since 1985.

Accounting 268

Accounting Accounting Standards 268

CFO Dive

JUNE 29, 2023

The FASB is poised to tweak existing accounting standards which originally sought to address calls for timelier loss reporting after the 2008 financial crisis.

Accounting Standards 219

Accounting Standards Accounting 219

VCFO

MAY 30, 2022

Joining vcfo’s Houston market as a Consulting CFO is Jose Perez-Bello. Prior to joining vcfo, Jose held roles as Fractional CFO with the Strategic CFO, CFO, Executive Director, and Senior Vice President for Greenfields Petroleum Corporation, as well as senior roles with Enron International, Enron Energy Services, and Brunel Energy.

CFO 52

CFO Auditing Leadership Financial Modeling 52

The Charity CFO

JANUARY 18, 2022

Zack joins us after two decades as a not-for-profit accountant in both public accounting and the nonprofit industry. In this new role, he will serve as one of our in-house experts on existing and emerging nonprofit accounting standards and auditing best practices. Please join us in welcoming Zack Meyer to The Charity CFO!

CFO 52

CFO Nonprofit GAAP Accounting Principles 52

CFO Dive

MARCH 15, 2023

While previous FASB efforts to update accounting standards for taxes have fizzled, Chair Richard Jones has said tweaks to the project’s scope have made it achievable.

Accounting Standards 242

Accounting Standards Accounting 242

CFO Dive

MARCH 27, 2023

The changes to lease accounting standards (Topic 842) provide narrowly targeted relief for some companies grappling with the guidance from 2016.

Accounting Standards 241

Accounting Standards Accounting 241

CFO Dive

JUNE 16, 2022

accounting standard-setter shelved a proposal recasting how companies account for an estimated $3.6 trillion in goodwill on their balance sheets.

Accounting 294

Accounting Accounting Standards 294

CFO Dive

OCTOBER 1, 2022

exchanges comply with the country’s accounting standards. The penalty is the latest sign of regulators’ battle to ensure foreign companies on U.S.

Accounting Standards 243

Accounting Standards Accounting 243

CFO Dive

SEPTEMBER 20, 2023

For the first time in nearly 40 years the Financial Accounting Standards Board is working to update its guidance on software costs

Accounting Standards 167

Accounting Standards Accounting 167

CFO News

AUGUST 1, 2023

In its order, Sebi found that MSEI during preparation of the books of accounts on a going concern basis failed to provide necessary projections in terms of Indian AS1 (Accounting Standard 1) and failed to seek relaxation regarding Key Management Personnel (KMP).

Accounting Standards 52

Accounting Standards Securities CFO Accounting 52

Bramasol

SEPTEMBER 29, 2023

Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economy™ (DSE), carbon-accounting mandates, a rising emphasis on artificial intelligence, and other disruptive trends, the role of Chief Financial Officer (CFO) is undergoing radical transformation too.

IFRS 97

IFRS Technology SAP Compliance 97

CFO Dive

MAY 12, 2022

The board is getting serious about improving accounting standards for digital assets even as a crypto market slump is hammering valuations.

Prioritization 256

Prioritization Accounting Standards Valuation Accounting 256

CFO Dive

MARCH 14, 2022

Although the Financial Accounting Standards Board took no action on the matter at its early-March meeting, members signaled they’d like to stop counting a company’s customer relationships as an asset.

Accounting Standards 246

Accounting Standards Accounting 246

CFO Dive

MARCH 23, 2022

The 2022 reporting taxonomies include updates to accounting standards on credit losses and balance sheet offsets, among other things, the Financial Accounting Standards Board says.

Accounting Standards 130

Accounting Standards Accounting 130

CFO Dive

JUNE 30, 2022

accounting standard setter drew a three-fold jump in investor feedback after launching an initiative in 2020 to get more input on where it should focus its efforts.

Accounting Standards 157

Accounting Standards Accounting 157

CFO Dive

APRIL 21, 2022

accounting standards setter will likely affirm the proposed two-year extension of LIBOR-related accounting relief unless it gets new feedback during the public comment period, according to a FASB spokesperson.

Accounting 144

Accounting Accounting Standards 144

BlueLight

JULY 30, 2020

The financial implication of these decision is critical and the CFO is the executive helping the CEO navigate these decisions. Historically, the CFO role was focused on backward looking information: ensuring on-time and accurate financial reporting. The CFO suite doesn’t want to be the “department of No.” It evolves with stage.

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

CFO Dive

JULY 18, 2022

The Financial Accounting Standards Board Chair Richard Jones discussed the organization’s agenda, a possible quick fix and the accounting topic that finally trended on social media.

Accounting Standards 130

Accounting Standards Accounting 130

The Charity CFO

APRIL 20, 2023

However, nonprofit organizations face unique accounting challenges and not all commercial accounting software may be equipped to handle. Where to start with nonprofit accounting software Nonprofits have to comply with strict financial accounting standards. Get the free guide!

Nonprofit 98

Nonprofit Accounting Accounting Standards Budgeting 98

CFO News

AUGUST 10, 2023

ECL Guidelines: The ECL framework is envisaged under the new Indian accounting standards or Ind-As, which are expected to be adopted by banks in the next two years.

Accounting Standards 98

Accounting Standards Accounting Banking 98

CFO Leadership

OCTOBER 10, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.), a model could be trained to become an expert in finance and accounting. With a large and diverse enough data set (e.g.

Finance 95

Finance Accounting Auditing IFRS 95

CFO Dive

FEBRUARY 3, 2022

The Financial Accounting Standards Board also wants lenders to report on current-year gross write-offs by year of origination.

Accounting Standards 130

Accounting Standards Accounting 130

The Charity CFO

APRIL 13, 2023

This is why at The Charity CFO , we strive to provide relevant resources and support to ensure that your organization runs smoothly and efficiently. Accounting Standards In the United States, all organizations must adhere to the Generally Accepted Accounting Principles (GAAP). Reach out to us here for a free consultation.

Nonprofit 52

Nonprofit Compliance Accounting Standards Budgeting 52

Future CFO

MARCH 8, 2023

The 2022 FTI Consulting survey of CFOs concluded that in addition to all the traditional areas that CFOs must lead, they must also adapt to the ever-increasing “doing more with less,” but now in a new environment. By most accounts, the global economy is heading for a slowdown in 2023.

CFO 98

CFO Communication Economics Finance 98

Future CFO

APRIL 18, 2022

It also helps finance teams deliver financial results, create informative financial and management reports, and provide the chief financial officer (CFO) with an enterprise view of key financial ratios and metrics. It enables finance teams to automate and accelerate the financial close with minimal IT support. DOWNLOAD NOW.

Finance 52

Finance IFRS GAAP Accounting Principles 52

CFO Leadership

DECEMBER 17, 2021

WE ARE PROUD TO ALIGN WITH ORACLE NETSUITE AS A NATIONAL SPONSOR OF THE CFO LEADERSHIP COUNCIL. From tracking new sales channels and increasingly complex supply chains to new tax rules and accounting standards, finance looks a lot different now than it did three years ago. About The CFO Leadership Council.

Leadership 83

Leadership CFO Finance Education 83

CFO News

JANUARY 17, 2024

The National Financial Reporting Authority (NFRA) is planning to directly engage audit committees of large listed companies to sensitise them about accounting standards and their role, a first-of-its kind regulatory outreach to curb corporate frauds, people aware of the watchdog's thinking told ET.

Auditing 52

Auditing Planning Accounting Standards Financial Reporting 52

The Charity CFO

JULY 28, 2022

All nonprofit accounting rules in the United States are defined and codified by the Financial Accounting Standards Board, or “FASB”. Back in 2016, FASB revised its rules related to accounting for leases, which impact any contract to rent property or equipment that lasts more than 12 months. Get the free guide!

Nonprofit 98

Nonprofit Accounting Accounting Standards CFO 98

CFO Leadership

OCTOBER 18, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.), a model could be trained to become an expert in finance and accounting. With a large and diverse enough data set (e.g.

Finance 52

Finance Accounting Auditing IFRS 52

The Charity CFO

DECEMBER 15, 2023

A strong in-kind donation recording system will help you stay in compliance with accounting standards for in-kind contributions. Reach Out to the Charity CFO! Feeling a little overwhelmed about your revenue streams and other accounting processes? The Charity CFO provides expert tax and accounting services for nonprofits.

Nonprofit 52

Nonprofit Compliance CFO Valuation 52