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?

Finance 95

Finance Accounting Auditing IFRS 95

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

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

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

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

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 Manufacturing Accounting Standards Compliance 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?

Finance 52

Finance Accounting Auditing IFRS 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 Compliance 52

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

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 Auditing 62

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

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 Standards Accounting Firms Reconciliations 60

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

The Charity CFO

DECEMBER 15, 2023

Recording Revenue for Nonprofits Donations and Contributions When recording donations for your nonprofit, technology is your best friend. Why use technology to track donations? A strong in-kind donation recording system will help you stay in compliance with accounting standards for in-kind contributions.

Nonprofit 52

Nonprofit Compliance CFO Valuation 52

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

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 Charity CFO

AUGUST 15, 2023

This challenge is most often felt in in-house accounting positions, especially in the nonprofit sector. Outdated workplace: Technology isn’t the wave of the future, it’s an essential element in today’s workplace. Accountants typically work closely with external auditors during the annual audit process.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

CFO Thought Leader

MAY 21, 2023

Staloch: Fundrise is a technology company. The SEC Fellows Program, however, was different. “I I thought to myself, ‘Wow!—this So, this means that you need to remain open to different perspectives and stay agile in the face of changing circumstances.”

CFO 52

CFO Investments Accounting Accounting Standards 52

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 77

SAP Compliance Leverage Accounting Standards 77

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

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

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

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

SEPTEMBER 20, 2017

Coming out of a mediocre report, the retailer noted Hurricane Harvey, restructuring costs and new accounting standards had a heavy hand on the scale for last quarter’s results. Retail sales clocked in at approximately $2.9 billion, a decrease of approximately 1.7 percent from the same time last year.

Restructuring 40

Restructuring Accounting Standards Sales Retail 40

The Charity CFO

NOVEMBER 10, 2022

As a result, the organization might not adhere to Generally Accepted Accounting Principles (GAAP), which can trip them up come tax time or during an audit. Governance issues, tight regulations, and high public accountability standards mean strong accounting practices are more important than ever.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

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

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

PYMNTS

NOVEMBER 8, 2019

Since founding the company in 2015, we have managed to automate 60 percent of the processes by using technology, and we enjoy popularity from our customers and the continued support from our investors.” The tech-driven offering helps companies transition to new lease accounting standards mandated by the FASB, IASB and the GASB.

Investments 40

Investments B2B Accounting Standards Compliance 40

CS Lucas

NOVEMBER 29, 2023

The Need for Specialized Technology Solutions To address this pressing need, treasury teams are relying on CS Lucas Treasury Management System’s dedicated syndicated loan modules. Let’s explore some of the key capabilities of CS Lucas: 1. Management and auditors gain on-demand reporting.

Technology 52

Technology Treasury IFRS Compliance 52

The Finance Weekly

OCTOBER 31, 2021

There are numerous concerns, but many of them are simple to address, and technology may play a significant part in assisting you in doing so. Master the basics of accounting. Standard accounting and financial management might be complex for nonprofits. 4 Steps NPOs can do to improve their financial planning.

Planning 52

Planning Auditing Nonprofit Accounts Payable 52

Spreadym

JUNE 27, 2023

Compliance and Regulation: Financial Planning and Analysis ensures compliance with financial regulations, accounting standards, and reporting requirements. 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

Future CFO

NOVEMBER 2, 2020

Jurisdictions in APAC lag significantly behind the adoption of technology to streamline and simplify processes. Many jurisdictions are moving towards international accounting standards such as International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (GAAP).

Compliance 40

Compliance IFRS GAAP Accounting Principles 40

CFO Talks

APRIL 11, 2022

The one thing that’s always constant in our world is change, things are changing all the time, whether it is accounting standards, tax, I think the big one that’s front and centre is technology, automation, AI, robotics and so on. Absolutely, I think definitely life-long learning.

CFO 40

CFO Leadership Communication Accounting 40

BlueLight

JULY 30, 2020

The findings are heavily geared towards software-as-a-service technology startups. These are complex questions to answer and few companies would have an in-house expert on this subject, especially in light of the new accounting rule for revenue recognition. The interviews were conducted starting March through July 2020.

CFO 52

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

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 81

Accounting SAP Analyzing Data IFRS 81

Musings on Markets

JANUARY 9, 2021

Thus, an analyst who follows young technology companies may decide that paying ten times revenues for a company is a bargain, if all of the companies that he tracks trade at multiples greater than ten times revenues.

Valuation 52

Valuation Currencies Numbers Corporate Finance 52