CFO News Room

DECEMBER 16, 2022

They may work in various industries, such as investment firms, accounting firms, banks, or the government. Chief Compliance Officer. A chief compliance officer ensures financial institutions adhere to all applicable laws and regulations. Senior Accountants. Average salary: $114,832 per year.

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Finance Budgeting Financial Analyst Compliance 130

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. Red Flag #2: Hidden Compliance Issues. But they often overlook compliance or regulatory issues that could be much bigger problems.

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Nonprofit Compliance Auditing Accounting 88

PYMNTS

JANUARY 10, 2019

Now, analysts at the International Federation of Accountants (IFAC) are urging ERM to move beyond the c-suite. Professional accountants are well-positioned to better serve the organizations they work for by enabling effective enterprise risk management that identifies both risks and opportunities for the business,” the CEO noted.

Finance 74

Finance Risk Management Auditing Accounting Standards 74

The Charity CFO

AUGUST 15, 2023

Myths of Nonprofit Accounting and Why They Matter to Job Seekers Unfortunately, many job seekers fall victim to the stereotypes and believe the myths surrounding nonprofit accounting. In this section, we will debunk the three most common nonprofit accounting myths. Ready to dive deep into this exciting realm?

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Nonprofit Accounting Profit and Loss Budgeting 52

The Charity CFO

APRIL 25, 2024

For nonprofit organizations, accounting comes with a lot of complexity. Categorizing transactions, reporting income, and meeting compliance requirements can be overwhelming. About The Charity CFO The Charity CFO is an accounting firm specializing in serving nonprofits through outsourced accounting and fractional CFO services.

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Nonprofit Accounting CFO Auditing 52

PYMNTS

JUNE 18, 2019

Corporate auditing and accounting firm KPMG remains in the crosshairs of regulators in various parts of the globe. government’s Public Company Accounting Oversight Board. government’s Public Company Accounting Oversight Board. .” government’s Public Company Accounting Oversight Board.

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Auditing Accounting Compliance Accounting Firms 46

The Charity CFO

OCTOBER 4, 2022

The operations manager will be responsible for spearheading the budgeting process for the organization and ensuring that the accounting department delivers timely and accurate financial statements for the board of directors or other stakeholders. That doesn’t mean that the operations manager needs to be an accountant.

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Nonprofit Budgeting Compliance CFO 82

PYMNTS

DECEMBER 7, 2020

Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants. Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

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B2B Finance Practice Management Invoicing 63

The Charity CFO

MAY 31, 2024

Luckily, modern accounting software and other bookkeeping technologies can help you keep up with day-to-day bookkeeping, reporting, and accounting tasks more efficiently. Build Trust with Donors and Stakeholders An efficient bookkeeping system improves the financial transparency and accountability of your organization with donors.

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Nonprofit Technology Auditing Profit and Loss 52

The Charity CFO

JULY 3, 2024

Doing a midyear nonprofit financial review provides three main benefits to your organization: Accountability and Transparency: Ensuring the organization remains accountable to stakeholders. Grant Management: Review the status of grants and compliance with grant requirements or conditions. Step 2: Analyze budget variances.

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Nonprofit Budgeting Compliance CFO 52

Future CFO

SEPTEMBER 7, 2022

The finance profession will see new roles created out of sustainability needs, said the Institute of Singapore Chartered Accountants (ISCA) recently. The findings show that executives in the accountancy and finance profession play a critical role in integrating sustainability into businesses, said ISCA President Teo Ser Luck.

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Finance Auditing Corporate Finance Accounting 52

CFO Talks

AUGUST 10, 2022

An accountant is one element of a business that you need on a daily basis’. My guest today is Thuso Marumo, he is the CFO and CEO of his own business, Thito-Thuo Consulting, based in Kroonstad, it is a firm which offers a range of professional accounting and tax services, especially to small and medium-size businesses.

Auditing 52

Auditing CFO Accounting Compliance 52

The Charity CFO

APRIL 18, 2024

These challenges include financial issues, data security compliance, and talent retention problems. Compliance with Evolving Regulations Nonprofits are no strangers to regulatory and compliance issues. Audit and adjust technology and data practices based on current cybersecurity best practices. 2024 will be no different.

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Nonprofit Compliance CFO Leverage 52

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.

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Financial Data Financial Reporting Auditing CFO 52

Future CFO

NOVEMBER 27, 2022

Three of the four largest accounting firms have pledged to invest more in AI and data analytics products and training over the next few years so we can expect widespread adoption of modern technologies for day-to-day business activities. You get this whole new level of streamlined accounting and compliance processes.

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Finance CFO Compliance Auditing 52

PYMNTS

OCTOBER 28, 2019

The Big Four auditing firms — EY, Deloitte, KPMG and PwC — have recently requested that the Financial Accounting Standards Board (FASB) provide clarity in how corporates should classify their reverse factoring or supply chain financing agreements, adding more fuel to a long-standing debate as to whether such trade financing tools are debt.

B2B 40

B2B Accounting Standards Finance Invoicing 40

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.

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Finance Invoicing Technology Auditing 52

CFO Talks

FEBRUARY 20, 2024

Farhaan discusses the critical aspects of his role, emphasising the shift from traditional accounting to strategic and operational involvement across business sectors. Farhan holds a BCom and a number of postgraduate diplomas in accounting from the University of Johannesburg. Farhaan: We speak of CFOs as traditional accountants.

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Leadership CFO Accounting Finance 52

CFO Talks

JANUARY 27, 2025

ESG is not just about compliance; it’s a framework for long-term business viability and resilience. Transparent Reporting: Overseeing the development of robust ESG reporting mechanisms to ensure transparency and compliance with evolving regulatory frameworks. David, welcome to another edition of the podcast for CFO Club.

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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. They’re just handling the existing house accounts that are there.

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Planning Accounting Math Compliance 130