CFO News Room

DECEMBER 16, 2022

They may work in various industries, such as investment firms, accounting firms, banks, or the government. Chief compliance officers often have a degree in finance, law, accounting, or business administration. They must also help customers understand their coverage, file claims, and manage their accounts.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

PYMNTS

FEBRUARY 6, 2019

This shift has been so acute that small business cloud accounting firm Xero is even petitioning the Oxford English Dictionary to change the definition of “accountant” to one that includes the word “advise.” Changing Demand. That demand for human talent, by the way, hasn’t decreased.

Corporate Finance 74

Corporate Finance Accounting Finance Accounts Payable 74

The Charity CFO

APRIL 18, 2024

For instance, working with a nonprofit accountant, like The Charity CFO, can help you reduce your risk of financial non-compliance. Consider these three tips to help you start leveraging data without compromising user data: Use cloud-based accounting and customer data software like QuickBooks Online. Get the free guide!

Nonprofit 52

Nonprofit Compliance CFO Leverage 52

The Charity CFO

APRIL 19, 2022

In our experience, nonprofits with little in reserve and/or low cash balances tend to have financial management challenges, often including: Poor collection of accounts or pledges receivable. Has the Department of Labor audited your organization for misclassifying contractors as employees? Red Flag #5: No Accountant or Bookkeeper.

Nonprofit 98

Nonprofit Auditing Compliance Accounting 98

PYMNTS

JULY 5, 2017

For a chief financial officer (CFO), having technology — from ERP systems to cloud accounting and cash forecasting tools — has become paramount when deploying a successful growth strategy. The nature of financial reporting is to communicate facts aggregated using accounting rules. These facts can be audited back to the source.

Financial Data 52

Financial Data Auditing Financial Reporting CFO 52

Future CFO

MAY 19, 2020

Paperless audit trails reduce the risk of non-compliance and human error. With the use of automation capabilities in handling invoices, administrative processes become seamless and smoother, especially for closing and servicing processes. Organisations must ask for feedback from their staff as cross-functional participation is key.

Finance 52

Finance Invoicing Auditing Technology 52

The CFO College

MAY 12, 2021

5 Reasons Why Your Remote Bookkeeping Firm Isn’t as Successful as You’d Hoped. Even though working remotely as your own boss is the dream of many bookkeepers and accountants, it’s too easy to find yourself struggling to make ends meet, hunting down payment from clients, and settling for any client who throws work at you.

Education 52

Education CFO Investments Budgeting 52

CFO News Room

NOVEMBER 15, 2022

I think the biggest thing that started it was when we would have our branch audits, we never had any feedback about something on the RIA side. And so, what we did, and I guess the advantage of being with a broker-dealer is those are now Commonwealth house accounts. Author: Michael Kitces. Team Kitces. Or, where’s this?

Planning 130

Planning Accounting Compliance Math 130

Barry Ritholtz

JULY 18, 2023

You start out spending five years at Ernst & Young doing hedge fund accounting. WAGNER: Yeah, I started as a certified public accountant and one of the early engagements that I was tasked with was in the space of asset management and I recall doing the audit on Jeffrey Vinik’s very first year as a hedge fund manager.

Investments 52

Investments Profit and Loss Restructuring Accounting 52