Accounting Standards, Forecasting and Numbers

Strategic Budgeting and Forecasting: Five Questions to Consider

Centage

JANUARY 18, 2022

While spreadsheets have long reigned supreme as the foundation of budgeting and forecasting for many organizations, the shortcomings of this legacy, siloed tool have become too hard to ignore. Accuracy is the critical to the budgeting and forecasting process. Confidence – Am I confident in the numbers coming out of the model?

Budgeting

Budgeting Forecasting Financial Planning and Analysis (FP&A) General Ledger

Strategic budgeting and forecasting: Five questions to consider

Centage

JANUARY 9, 2024

While spreadsheets have long reigned supreme as the foundation of budgeting and forecasting for many organizations, the shortcomings of this legacy tool, and the silos it creates, have become impossible to ignore. It’s never a bad time to consider how to improve your overall budgeting and forecasting process.

Budgeting

Budgeting Forecasting General Ledger Finance

MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

JULY 31, 2023

It can quickly become unmanageable to try and handle lease contract management, lessor accounting, maintenance services, sales of consumables, revenue recognition and disclosure reporting all with different siloed software. In addition, global companies need the flexibility to comply and report according to multiple accounting standards.

Accounting

Accounting SAP GAAP IFRS

Webinars

Live Demo: How to Achieve Reconciliation Zen

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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

OCTOBER 10, 2023

AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals. They’re not very good at mathematics or dealing with numbers in general.

Finance

Finance Accounting Auditing IFRS

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

Environmental standards may seem like a non-urgent issue if laws haven’t been passed yet, but the CFO needs to be the reminder that these issues are imminent for budgeting, forecasting, and the overall long term vision of the company. A significant number of consumers take this into consideration before purchasing a product.

CFO

CFO Forecasting Leadership Budgeting

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

CFO Leadership

OCTOBER 18, 2023

AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals. They’re not very good at mathematics or dealing with numbers in general.

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. billion, to more than $18 billion.

Accounting

Accounting Banking Forecasting CFO

FinTech Targets The Cash Flow Needs Of CPAs

PYMNTS

AUGUST 27, 2019

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise.

Cash Flow Forecasting

Cash Flow Forecasting Accounting Standards Accounting Firms Reconciliations

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. billion, to more than $18 billion.

Banking

Banking Forecasting CFO Concentration

Aussie Corporates Ill-Prepared For New Accounting Rules

PYMNTS

JULY 6, 2018

Reports in the Australian Financial Review said the Australian Securities and Investments Commission (ASIC) has reviewed 2017 statements of 90 corporates in the country to assess their compliance to new accounting rules that came into effect on Jan. 1 of this year. The new rules, reports explained, fall under AASB 15 and AASB 9 regulations.

Accounting

Accounting Auditing Accounting Standards Compliance

Best Practices from the CFO Suite

BlueLight

JULY 30, 2020

Pre Series B, it’s a part-time role to simply track past financial numbers. After hiring a finance leader, the accounting firm is usually retained to handle book keeping while the finance leader focuses on financial forecasting and strategic planning. Edited for readability. This is paired with QuickBooks. Recruiting ?—?Startups

CFO

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

Transcript: Cliff Asness

Barry Ritholtz

MARCH 21, 2023

You can use this in a number of ways. And that’s a pretty good number. RITHOLTZ: Right, ASNESS: Compared to any forecast or trailing version of inflation and doing that consistently through time, bonds were about tied with giving you the least they’ve ever given you. But we don’t trade on a 10-year forecast.

Profit and Loss

Profit and Loss Valuation Forecasting Investments

Data Update 1 for 2021: A (Data) Look Back at a Most Forgettable Year (2020)!

Musings on Markets

JANUARY 9, 2021

In closing, I also want to dispense with the notion that data is objective and that numbers-focused people have no bias. Finally, it is worth noting that, notwithstanding the travails of last year, the number of firms in the data universe increased from 44,394 firms at the start of 2020 to 46,579 firms, a 4.9%

Valuation

Valuation Currencies Numbers Corporate Finance

Corporate Finance Brief

Strategic Budgeting and Forecasting: Five Questions to Consider

Strategic budgeting and forecasting: Five questions to consider

Webinars

Trending Sources

MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Webinars

Embracing AI in Finance and Accounting: Balancing Risk and Innovation

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

FinTech Targets The Cash Flow Needs Of CPAs

Credit Squeeze May Loom As CECL Takes Root At Banks

Aussie Corporates Ill-Prepared For New Accounting Rules

Best Practices from the CFO Suite

Transcript: Cliff Asness

Data Update 1 for 2021: A (Data) Look Back at a Most Forgettable Year (2020)!

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