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. What is the difference between a quality of earnings report and an audit?

Auditing 52

Auditing GAAP Accounting Principles Profit and Loss 52

PYMNTS

DECEMBER 16, 2016

The move to embrace automation, said Krumwiede, represents a “slow evolution,” with inefficiencies still extant as there must be communication between departments and data must be compiled and formatted in the practice of reconciliation. The optimization of the accounting process, he said, is difficult at times with limited staff.

IFRS 74

IFRS Reconciliations GAAP Accounting Standards 74

PYMNTS

AUGUST 27, 2019

Also unique among CPAs and accounting firms is the need to offer gross deposits, meaning the processing fees are billed separately when CPAs are paid, for more precise accounting and reconciliation with their clients.

Cash Flow Forecasting 60

Cash Flow Forecasting Accounting Standards Accounting Firms Reconciliations 60

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. These entries correct errors, allocate costs, or reclassify transactions to the appropriate accounts.

Financial Planning and Analysis (FP&A) 52

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

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

With new accounting standards, including, but not limited to, revenue accounting and lease accounting, organizations will need to integrate new application software with enterprise resource planning (ERP) to manage the complexities. Think about the outcome.

CFO 52

CFO Finance Reconciliations Accounting Standards 52

Planful

JUNE 3, 2021

Manual reconciliation is the most frustrating aspect of creating consolidated financial statements. A solid financial planning and consolidation platform that supports risk management and can handle the nuances of various accounting standards and multiple currencies. Transform the Finance Consolidation Process. The solution?

Compliance 40

Compliance Reconciliations Currencies Finance 40