The Charity CFO

APRIL 20, 2023

How can nonprofit accounting software help your organization with efficiency? We’re in the age of technology, and it seems that for every process or transaction, there is a corresponding technological solution designed to make our lives easier and our work more efficient. Do you need integration with other systems?

Nonprofit 84

Nonprofit Accounting Accounting Standards Budgeting 84

CFO Talks

SEPTEMBER 30, 2024

This is not just an accounting issue; it’s a symptom of a broader problem that threatens our ability to compete in the global economy. At the heart of this issue is IAS 38 , the international accounting standard for intangible assets, which may be doing more harm than good for South Africa’s economic ambitions.

Accounting Standards 98

Accounting Standards Economics IFRS Auditing 98

Bramasol

FEBRUARY 18, 2025

Certifications such as SAP Certified Application Associate or SAP Certified Technology Consultant can be strong indicators of technical expertise. At Bramasol, we pride ourselves on being able to "go deep" with our in-house expertise on accounting standards, industry trends, and emerging challenges that form the big picture for our clients.

SAP 62

SAP Problem Solving Communication Accounting Standards 62

Future CFO

FEBRUARY 6, 2020

Whether your tax, accounting and finance operations are locally-based, centralised or otherwise, investing in the right tools and resources optimises your company’s ability to meet evolving regulatory requirements and gives your team the time it needs to focus on planning, strategy and analysis.

Technology 40

Technology Compliance Accounting Standards CFO 40

CFO Talks

OCTOBER 2, 2024

Chinese Study highlights limitations on IAS 38, accounting for intangible assets A recent study from China highlighted the limitations of IAS 38 —the International Accounting Standard that governs intangible assets—and its impact on innovation, particularly in high-tech industries.

Accounting 98

Accounting CFO Economics Accounting Standards 98

PYMNTS

JANUARY 2, 2020

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to change the industry in new ways, according to a report by Bloomberg Tax. We are a professional services firm, but technology is core to our future.”.

Data Analysis 71

Data Analysis Accounting Standards Auditing Invoicing 71

The Charity CFO

MARCH 20, 2025

Audits check whether your financial statements comply with accounting standards. Technology also plays a big role. .” Jason Kruger Too many nonprofit leaders believe an annual audit guarantees financial security. They review transactions, but they dont investigate them. Fake employees and vendors? Payroll padding?

Nonprofit 52

Nonprofit Auditing Accounting Standards CFO 52

PYMNTS

JUNE 10, 2019

Reports in The Block Crypto late last week said a group of California CPAs has sent a letter to the Financial Accounting Standards Board, a federal board that sets Generally Accepted Accounting Principles (GAAP), requesting that it consider establishing a task force to address a lack of clarity in cryptocurrency accounting standards.

Accounting 51

Accounting IFRS GAAP Accounting Standards 51

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 81

Accounting SAP GAAP IFRS 81

Future CFO

DECEMBER 31, 2021

This could involve investing in tools and technologies that help their F&A employees execute work tasks and better manage their time, whether it be automation for repetitive, time-consuming tasks, or collaboration tools that help teams find more productive and enjoyable ways to connect.

Leadership 98

Leadership Finance GAAP Forecasting 98

PYMNTS

JUNE 4, 2020

The International Accounting Standards Board introduced a significant overhaul to lease accounting standards , and while the changes went into effect at the start of 2019, corporates continue to face challenges to adhere to the standards and remain compliant. In the U.S., ”

Accounting 52

Accounting Accounting Standards Cash Flow Forecasting Compliance 52

CFO Leadership

OCTOBER 10, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. 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. What is Artificial Intelligence?

Accounting 95

Accounting Finance Auditing IFRS 95

PYMNTS

JANUARY 2, 2020

The Financial Accounting Standards Board (FASB), which establishes accounting standards in the U.S., It also provides a new standard for companies that struggle with the implementation of the technology, according to a report by Compliance Week.

Accounting 58

Accounting Accounting Standards Nonprofit Compliance 58

CFO Talks

JANUARY 7, 2025

Take courses and certifications in evolving or emerging areas in information technology, strategy and accounting. For example, whenever there is a release of a new accounting standard impacting your industry, go for training on such a standard. Continuous development and relevance are key. Earn CPD credits also.

CFO 52

CFO Leadership Financial Analyst Finance 52

PYMNTS

AUGUST 15, 2019

Enterprise lease accounting software company LeaseAccelerator is teaming up with Clearlink Partners to help joint clients ease the administrative burden of complying with changes in lease accounting standards. The companies announced their partnership in a press release issued Wednesday (Aug.

Compliance 40

Compliance Accounting Accounting Standards Technology 40

PYMNTS

DECEMBER 16, 2016

At the same time, the executive noted, as many as two-thirds of respondents said that they work with some form of packaged accounting software, which speaks to some automation. But technological advances mean that there can be better integration between the two, he said.

IFRS 74

IFRS Reconciliations GAAP Accounting Standards 74

PYMNTS

APRIL 16, 2019

Straight2Bank Pay allows businesses to accept payments across a range of channels, including mobile wallets, cards, bank transfers and QR Codes, with funds deposited directly into their accounts. Standard Chartered said the solution allows companies to work with a single collections provider regardless of payment technology.

Banking 61

Banking Accounting Standards Accounting eCommerce 61

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 60

Cash Flow Forecasting Accounting Firms Accounting Standards Accounting 60

Bramasol

MARCH 24, 2022

A subsequent blog post specifically addressed How Can Carbon Accounting Impact the Value of M&A Deals? Among the biggest developments is a new proposed rule from the Securities and Exchange Commission (SEC) that was published on March 21, 2022 for public comment over the next 60 days.

Accounting 87

Accounting SAP Analyzing Data IFRS 87

Future CFO

OCTOBER 8, 2023

Major challenges ahead as IFRS 17 moves into production: Data, availability of skilled resources and systems/technology remain the three greatest challenges. Hefty cost of IFRS 17 The total cost faced by the global insurance industry to implement the IFRS 17 accounting standard is now estimated to be US$21-27billion, WTW observed.

IFRS 52

IFRS Accounting Standards Accounting Investments 52

Future CFO

AUGUST 4, 2024

New research report from global technology research and advisory firm Information Services Group ( ISG ) finds that the desire among enterprises to shorten accounting cycle drives greater adoption of software.

Accounting 52

Accounting Accounting Principles Accounting Standards Finance 52

Centage

JANUARY 18, 2022

Users can define the formulas and flow as they please, which means they can inadvertently violate your business logic and/or established accounting standards. A modern FP&A solution with pre-programmed business logic and accounting rules prevents users from making such mistakes.

Budgeting 111

Budgeting Forecasting Financial Planning and Analysis (FP&A) General Ledger 111

PYMNTS

SEPTEMBER 21, 2017

Gappify is the latest company to roll out business accounting-related chatbot technology. 20) that it has launched Alan, chatbot technology designed to assist business accountants. The company announced news on Wednesday (Sept.

Accounting 45

Accounting Accounts Payable Cash Management Accounting Standards 45

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 Forecasting 130

Bramasol

FEBRUARY 13, 2023

Compliance: The adoption of ASC 606 and IRFS 15 accounting standards for revenue recognition introduced new requirements for SaaS companies, particularly around the allocation of revenues and the recognition of variable consideration.

SAP 83

SAP Compliance Accounting Standards Leverage 83

https://trustedcfosolutions.com/feed/

APRIL 5, 2023

Identifies variances and anomalies that don’t comply with accounting standards with intuitive dashboards and reports that work based on your preset conditions. Best Practices Your accountant is under a lot of pressure at the end of the month to manage the close in a timely manner.

General Ledger 62

General Ledger Reconciliations Accounting Standards Accounting 62

PYMNTS

JUNE 17, 2019

The group of accountants sent a letter to the Financial Accounting Standards Board that has requested a task force to address “lack of clarity” in accounting standards.

Accounting Standards 43

Accounting Standards Education Leadership Accounting 43

The Finance Weekly

MARCH 28, 2022

Converging ESG and Sustainability Reporting Standards There are several competing standards for ESG/Sustainability reporting including the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), Carbon Disclosure Project (CDP), and others.

Finance 52

Finance Auditing Accounting Standards IFRS 52

Future CFO

SEPTEMBER 24, 2023

Furthermore, they connect with financial institutions and lenders to obtain the capital required for essential investments, such as equipment upgrades, technological advancements, and expansion endeavours. However, their responsibilities extend beyond financial management.

CFO 52

CFO Accounting Standards Manufacturing Compliance 52

CFO Talks

JUNE 20, 2022

The International Accounting Standards Board issued new protocols on climate reporting and the interesting distinction there is that there are two sets of protocols or soon-to-be standards, the one is related to climate change and then the other is related to sustainability, which relates to the business efficiencies.

Manufacturing 52

Manufacturing Accounting Standards Auditing Education 52

CFO Leadership

OCTOBER 18, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. 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. What is Artificial Intelligence?

Accounting 52

Accounting Finance Auditing IFRS 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

CFO Leadership

DECEMBER 17, 2021

Quarter after quarter, we found that finance respondents were less likely to favor increases in capital and technology spending, for instance. From tracking new sales channels and increasingly complex supply chains to new tax rules and accounting standards, finance looks a lot different now than it did three years ago.

Leadership 83

Leadership CFO Finance Education 83

The Charity CFO

OCTOBER 9, 2024

Modern nonprofit leaders are always looking for ways to use technology to make everyday tasks easier. One of the most sought-after tools is a platform or software to integrate your fundraising and accounting data seamlessly. Accounting rules suggest (and your auditors would require) that this gift be made in writing.

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

CFO Share

NOVEMBER 11, 2023

Intangible assets include non-physical resources like: Brand names Customer relationships Patents Proprietary technology These assets contribute to a business’s value, but their financial worth diminishes over time, necessitating amortization. What is an Example of Intangible Assets?

GAAP 52

GAAP Accounting Standards Strategic Planning Accounting 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) Accounting Standards CFO 52

PYMNTS

JULY 6, 2018

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.”. The new rules, reports explained, fall under AASB 15 and AASB 9 regulations.

Accounting 41

Accounting Auditing Accounting Standards Compliance 41