Beacon CFO Plus

NOVEMBER 30, 2023

Communication and Coordination: The CFO and the accounting firm should coordinate to ensure that financial data is accurate, up to date, and compliant with regulatory requirements. They should have a clear process for sharing information and data.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

CFO Leadership

OCTOBER 10, 2023

How to use AI in Finance & Accounting As we look to the future, the role of AI in finance will likely expand. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. With a large and diverse enough data set (e.g.

Finance 95

Finance Accounting Auditing IFRS 95

CFO Leadership

OCTOBER 18, 2023

How to use AI in Finance & Accounting As we look to the future, the role of AI in finance will likely expand. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. With a large and diverse enough data set (e.g.

Finance 52

Finance Accounting Auditing IFRS 52

Future CFO

DECEMBER 31, 2021

Here are the five most important skills identified: A strong understanding of risk management The ability to use new software or technology The ability to communicate complex financial information to different stakeholders A strong understanding of financial best practices The ability to collaborate with colleagues from other functions.

Leadership 98

Leadership Finance GAAP Forecasting 98

Spreadym

JUNE 27, 2023

Budgeting involves allocating resources and setting financial targets for various departments or business units within the organization. Financial Analysis: FP&A professionals conduct in-depth analysis of financial data to assess the organization's performance and identify areas for improvement.

Financial Planning and Analysis (FP&A) 52

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

Bramasol

JUNE 10, 2022

The choice of which approach to use depends on a variety of factors such as the number of accounts or ledgers that are needed for managing multiple entities within the overall organization. Other key factors include where the company stands with regard to implementing new accounting standards (ASC 606, IFRS 15, ASC 842, IFRS, 16, etc.)

Accounting Principles 86

Accounting Principles IFRS SAP Accounting 86

Planful

JUNE 3, 2021

Use Planful to centralize multiple data types, from trial balance summary and transaction details to non-financial data such as employee information. To learn more about Planful’s data-integration capabilities, read our white paper on Data Integration with Planful: Creating a Single Source of Truth.

Compliance 40

Compliance Reconciliations Currencies Finance 40