CFO Leadership

OCTOBER 18, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. As AI permeates finance, questions about its compliance with audits and financial governance will arise. Meanwhile, fine-tuning AI models for specific finance and accounting tasks is a promising but costly endeavor.

Finance 52

Finance Accounting Auditing IFRS 52

The Charity CFO

NOVEMBER 30, 2023

You’ll likely want to ask your nonprofit accountant to help you set up your accounting systems so you know they’re correct from the start. Revenue recognition is even more complicated than ever thanks to the changes in how FASB (Financial Accounting Standards Board) now requires nonprofits to record donations.

Nonprofit 52

Nonprofit Auditing Compliance Education 52

The Charity CFO

AUGUST 15, 2023

For accountants, this means the profit-generating strategies and investment ideas you bring to the table are still applicable and can make a massive impact. The IRS report only pays attention to tangible monetary value which means things like in-kind services or unrealized gains/losses on investments are excluded.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

Future CFO

SEPTEMBER 24, 2019

Singapore need to further digitize when it comes to accounting and tax, according to the TMF Group. While the island state has adhered relatively well to international accounting standards—a trend only seen in 21% of jurisdictions in Asia Pacific, it trails behind its Asian counterparts in digitization, TMF Group pointed out.

Accounting 40

Accounting Invoicing Accounting Standards Compliance 40

The Finance Weekly

OCTOBER 31, 2021

Many of the same financial issues that profit-seeking enterprises face, such as increasing revenue, managing audits, and dealing with compliance, encounter non-profit organizations (NPOs). Stakeholders in a non-profit organization need this information to determine whether operations are successful and how much to invest in them.

Planning 52

Planning Auditing Nonprofit Accounts Payable 52

PYMNTS

JULY 6, 2018

Australian regulators said they were disappointed in corporates’ lack of preparedness for new accounting rules. Directors and preparers should ensure that they understand the impact of new accounting standards and have systems and processes in place to support reporting under these new standards.”. 1 of this year.

Accounting 41

Accounting Auditing Accounting Standards Compliance 41

Spreadym

JUNE 27, 2023

By providing financial insights and analysis, they assist in evaluating investment opportunities, assessing the financial impact of strategic initiatives, and developing long-term financial plans. Use of Technology and Tools: Assess the utilization of technology and tools in the Financial Planning and Analysis function.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Financial Analysis Budgeting 52

Fpanda Club

SEPTEMBER 2, 2021

The growing variety and complexity of tasks within the finance function has resulted in the creation of a discipline that is supposed to become a bridge between the finance and business to support decision-making process by leveraging data and technology. This relates to FP&A which stands for financial planning and analysis.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Budgeting 130

CFO Talks

DECEMBER 26, 2021

So that’s climate change reporting, where it seems that the world’s investors would stop investing in your company, if you do not issue a progress report on how to get your company to net zero. The way you would do that is obviously through technology, so there’s a big focus area for CFOs.

CFO 40

CFO Profit and Loss Finance Accounting 40

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 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

Future CFO

NOVEMBER 18, 2019

Organizational transformation through the adoption of new technologies has been critical in revolutionizing business functions including finance departments. Innovation in technology and the streamlining of business management structures can create opportunities for CFOs to add value across the organisation. Don’t rush into it.

CFO 52

CFO Finance Reconciliations Accounting Standards 52

Spreadym

JULY 10, 2023

The financial close process, also known as the accounting close process or month-end close, is a series of steps undertaken by an organization to finalize its financial records for a specific accounting period. This ensures transparency, enhances data integrity, and facilitates compliance with regulatory requirements.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

Planful

JUNE 3, 2021

Investing in innovative technology, such as a cloud-based planning and consolidation platform, gives your finance teams the support they need for financials. Eliminate manual tasks, overcome information silos, and ensure compliance while creating these statements, even as the company scales. The solution?

Compliance 40

Compliance Reconciliations Currencies Finance 40