Accounting Standards, CFO and Forecasting

The Relationship Between a Fractional CFO and Your Public Accounting Firm

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

Accounting Firms CFO Accounting Prioritization

How to maximize efficiency with nonprofit accounting software

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

Nonprofit Accounting Accounting Standards Budgeting

Embracing AI in Finance and Accounting: Balancing Risk and Innovation

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

Finance Accounting Auditing IFRS

Webinars

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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Best Practices from the CFO Suite

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

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

FP&A as foundation for banks' risk management

Future CFO

OCTOBER 29, 2023

FP&A allows lenders to embrace rolling forecasts, promoting more agility as organisations make use of the availability of more timely data. Considering this, financial planning and analysis (FP&A) has been proven to become useful for effective strategy management and risk mitigation.

Financial Planning and Analysis (FP&A)

Financial Planning and Analysis (FP&A) Risk Management Banking Accounting Standards

Where Can FP&A Career Path Take You?

Fpanda Club

SEPTEMBER 2, 2021

The list of typical FP&A activities usually includes planning, budgeting, forecasting, analysis, management reporting and performance management. Forecasting is the practice of making regular predictions about the company’s expected future results based on the past and present data as well as on the anticipated future events.

Financial Planning and Analysis (FP&A)

Financial Planning and Analysis (FP&A) Corporate Finance Communication Budgeting

A CFO’s Role in Climate Change Mitigation

The Finance Weekly

JANUARY 9, 2022

CFOs and climate change: what’s the connection? Other than perhaps taking public transportation to work, what else can a CFO do more than any other average person? Many investors and stakeholders are attempting to hold companies to a certain standard of emissions and mitigation efforts, or a future commitment to one.

CFO

CFO Forecasting Leadership Budgeting

TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

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

Finance Accounting Auditing IFRS

Credit Squeeze May Loom As New Accounting Rule Takes Root At Banks

PYMNTS

FEBRUARY 5, 2020

For lenders large and small, a new accounting rule could start to tighten lending standards, with the ripple effect of perhaps making credit a bit scarcer. CECL stands for “Current Expected Credit Losses” and replaces the Allowance for Loan and Lease Losses accounting standard. billon, American Express by $2.7

Accounting

Accounting Banking Forecasting CFO

Credit Squeeze May Loom As CECL Takes Root At Banks

PYMNTS

FEBRUARY 5, 2020

For lenders large and small, a new accounting rule could start to tighten lending standards, with the ripple effect of perhaps making credit a bit scarcer. CECL stands for “Current Expected Credit Losses” and replaces the Allowance for Loan and Lease Losses accounting standard. billon, American Express by $2.7

Banking

Banking Forecasting CFO Concentration

IBM Cognos Controller: Financial close management managed by the office of finance

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

Finance IFRS GAAP Accounting Principles

IFRS 17: Huge work required before delivery success

Future CFO

JUNE 22, 2022

The total cost faced by the global insurance industry to implement the accounting standard is now estimated by WTW to be US$18 billion to US$24 billion, survey report indicates. People: More than 10,000 people will be required to deliver the accounting standard in the next two to three years.

IFRS

IFRS Accounting Standards Valuation Accounting

Outsourced bookkeeping for a nonprofit

The Charity CFO

MAY 11, 2023

If you’ve decided the outsourced bookkeeping is right for your organization, get in contact with us and see how Charity CFO can help ! The post Outsourced bookkeeping for a nonprofit appeared first on The Charity CFO. There is no one size fits all solution. Do You Struggle to Make Sense of Your Financial Statements?

Nonprofit

Nonprofit Communication Auditing GAAP

Digital acceleration to drive finance leadership in 2022

Future CFO

DECEMBER 31, 2021

What does this mean to the finance and accounting team of 2022? According to Gartner , finance leaders anticipate a greater percentage of their time will be spent in improving flexibility of budgeting & forecasting (58%), closely followed by developing digital skills (56%) and redefining employee value proposition in hybrid environments.

Leadership

Leadership Finance GAAP Forecasting

What is Quality of Earnings?

CFO Share

MARCH 14, 2022

Audited financial statements focus on compliance with GAAP accounting standards, whereas Quality of Earnings reports focus on the company’s earnings history and potential. Reviews of account reconciliations, account aging, and composition. Book an appointment with a CFO today. The post What is Quality of Earnings?

Auditing

Auditing GAAP Accounting Principles Profit and Loss

BlackRock’s Climate-Crusade Doubletalk – WSJ

CFO News Room

FEBRUARY 6, 2022

BlackRock regularly makes demands such as these of its portfolio companies, requiring them to meet the standards of its “sustainability accounting standards board.”. After the proxy battle, Exxon plans to keep oil output at the lowest level in two decades, a 20% decline from prior forecasts.

Investments

Investments Accounting Standards Economics Treasury

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

Spreadym

AUGUST 10, 2023

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.

Financial Reporting

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards

Quickbooks Integrations for Better Connectivity and Reporting

The Finance Weekly

APRIL 28, 2024

This not only transforms financial tasks like reporting, budgeting, and forecasting but also lightens the load for the IT department. It has real-time automated reporting to get all of your P&L, Balance sheet, Cash flow, budget, and forecast data in a simplified and efficient manner.

Financial Planning and Analysis (FP&A)

Financial Planning and Analysis (FP&A) Invoicing Budgeting Finance

Corporate Finance Brief

The Relationship Between a Fractional CFO and Your Public Accounting Firm

How to maximize efficiency with nonprofit accounting software

Webinars

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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

Webinars

Best Practices from the CFO Suite

FP&A as foundation for banks' risk management

Where Can FP&A Career Path Take You?

A CFO’s Role in Climate Change Mitigation

TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

Credit Squeeze May Loom As New Accounting Rule Takes Root At Banks

Credit Squeeze May Loom As CECL Takes Root At Banks

IBM Cognos Controller: Financial close management managed by the office of finance

IFRS 17: Huge work required before delivery success

Outsourced bookkeeping for a nonprofit

Digital acceleration to drive finance leadership in 2022

What is Quality of Earnings?

BlackRock’s Climate-Crusade Doubletalk – WSJ

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

Quickbooks Integrations for Better Connectivity and Reporting

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