Accounting firms zero in on efficiences
CFO Dive
FEBRUARY 17, 2023
The narrative has changed this year, with the drive for efficiency replacing talent as the top priority for accounting firms.
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CFO Dive
FEBRUARY 17, 2023
The narrative has changed this year, with the drive for efficiency replacing talent as the top priority for accounting firms.
CFO Dive
MAY 7, 2024
Accountants should respond to the rapid pace of generative AI adoption by embracing it and delving into experimentation, the AICPA said.
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CFO Dive
DECEMBER 5, 2022
Tax and accounting firms are becoming more comfortable tapping technology as a driver of success as they seek to grow revenue and profit and improve employee effectiveness for 2023.
Beacon CFO Plus
NOVEMBER 30, 2023
How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively.
CFO Dive
JANUARY 3, 2024
To stem a talent shortage, accounting firms need to reach out to potential CPAs well before they select their college majors, according to a CPA association.
CFO Dive
SEPTEMBER 30, 2022
Andy Goldstein, who has held the top financial seat for big-name brands such as the New Jersey Devils, will tap his 22 years of industry experience as CFO for the accounting firm.
https://trustedcfosolutions.com/feed/
OCTOBER 3, 2022
Many growing businesses have recognized and harnessed the benefits of outsourcing their accounting services. Rather than hiring full or part-time accountants or bookkeepers as permanent staff members, it often makes more sense to simply outsource —from both a monetary and scaling perspective. Up-to-Date Software & Technology.
CFO Dive
MAY 15, 2023
The blurring lines between software and business processes is a boon for big-four firms looking to managed service providers to expand client offerings.
CFO News
APRIL 27, 2023
The positive hiring intent can be attributed to high demand of multiple services delivered by these firms such as taxation, business consulting, risk advisory, deal advisory, technology services, ESG services.
CFO Dive
NOVEMBER 3, 2022
Missteps at large accounting firms threaten to undermine investor confidence in financial information, according to Paul Munter, the SEC’s acting chief accountant.
The Charity CFO
APRIL 2, 2024
Managing a nonprofit can be complex, especially when it comes to nonprofit accounting. Finding the right accounting partner for your nonprofit is essential to the financial success of your nonprofit organization. That’s why you need a strong accounting partner who specializes in nonprofits.
The Charity CFO
APRIL 26, 2024
The right accountant can be the difference between an efficient accounting process and a total mess. That’s why it’s so important to know what to look for in a nonprofit accountant. So what happens after you’ve found a few firms that offer the services you need? How Do You Approach Financial Reporting for Nonprofits?
E78 Partners
JUNE 12, 2023
Outliers will operate as part of E78’s Leadership & Transaction Services business unit, which offers highly technical and strategic interim CFO services, executive search, and transaction execution services. “We are delighted to welcome Dan Stankey, his Partners, and the entire Outliers team to E78 Partners.
The Charity CFO
MARCH 28, 2024
Your nonprofit accounting system might not be the most exciting part of your organization, but it’s one of the most important aspects. An effective accounting system helps you stay in compliance with tax and legal regulations–helping you maintain your exempt status. However, effective accounting isn’t just about following rules.
CFO News
NOVEMBER 24, 2023
India managing partner Bharat Dhawan says after the combination with US firm Forvis, Mazars overall would become a global network of about $5 billion in revenue, resulting in significant revenue for Mazars India.
https://trustedcfosolutions.com/feed/
OCTOBER 20, 2022
Start doing what you love rather than burning the midnight oil by outsourcing your accounting. A small, in-house finance team may start to feel the pressures of a growing business, and if you are still doing your own accounting, you could be losing hours of time —and money. The Hidden Advantages of Outsourced Accounting.
CFO Talks
APRIL 5, 2023
Written by Leigh Schaler In a recent interview on the CFOTalks podcast, Zebediah Marewangepo a Senior Business Consultant at Taxdirect, shared his insights on the accounting profession in Zimbabwe and South Africa. but somewhere along the line I ended up doing accountancy and I then finished college in 1994.
CFO News
JULY 12, 2023
Business service exports have become a critical part of India's economy but the sector has been hit by a slowdown in global demand for software and challenges in big urban centres such as rising costs, high attrition and slow progress in getting workers to return to the office after the pandemic.
Future CFO
MARCH 14, 2024
Talent shortage among accounting staff continues to persist in many parts of the world including Southeast Asia, with the issue being most felt by small accounting firms that struggle to compete with the big accounting firms: KPMG , PwC , Ernst & Young , and Deloitte.
CFO Thought Leader
MARCH 7, 2024
CFO Eric Bouchard spent four years preparing Atrium Innovations for an exit, inside The Mentoring Round, Bouchard reflects on the transformation from a smaller organization to a more mature company capable of rewarding the company’s investors.
Future CFO
DECEMBER 20, 2022
Ltd recently announced the appointment of Lianzhang Zhao as CFO. Prior to his appointment at Meihua, Lianzhang Zhao was senior partner at Yangzhou Hanrui Accounting Firm from 2013 to 2022. Before that, he was the CFO of Yangzhou Guolian Garment Factory Co.,
The Charity CFO
JANUARY 21, 2022
And the issue of restricted funds presents unique bookkeeping and accounting challenges for a nonprofit that a for-profit company doesn’t face. This accounting system is called fund accounting. This accounting system is called fund accounting. Who’s Required to Use Fund Accounting? .
CFO Network
MARCH 18, 2024
Accounting is a pivotal area among the various outsourced functions. But before you jump on the bandwagon, let’s have a candid conversation: Does outsourced accounting work for small and medium-sized businesses (SMBs)? Accounting firms employ professionals proficient in various accounting and finance domains.
CFO Network
FEBRUARY 21, 2024
5 Shocking Ways Outsourced Accounting Saves You Money! One area where many businesses can optimize their operations and cut costs is accounting. Outsourced accounting has emerged as a game-changer for businesses of all sizes. This blog will explore the surprising ways outsourced accounting can save money.
CFO Dive
DECEMBER 7, 2023
Since early 2021 SEC Chair Gary Gensler has called on the PCAOB to more aggressively oversee the accounting firms that audit publicly listed companies.
CFO Thought Leader
NOVEMBER 26, 2023
When Peter Benevides joined Olo back in 2015, the provider of restaurant technology’s CFO office was vacant—as it would remain for the next 4 years, until he ultimately got the position thanks to a nod from the firm’s CEO and perhaps a sprinkling of magic dust from Olo board members and investors.
Future CFO
DECEMBER 20, 2023
Accounting professionals are often tangled within intricate financial landscapes, working against tight deadlines and managing complex regulations. The distinct stressors accountants face stem from cyclic nature of peak periods, such as tax seasons, which intensify the workload, leading to increased stress. Self-regulation. Motivation.
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?
Future CFO
OCTOBER 9, 2023
In the face of the many advancements now in data and technology, it is undeniable that accountants are put in the position to keep up. Automation has been a notable shift, as routine accounting tasks have become less manual and time-consuming. The post Why accountants must keep up with new technology appeared first on FutureCFO.
CFO Talks
JULY 5, 2022
Join the SAIBA Tour to India as we attend the 21st IFAC World Congress of Accountants. This year’s World Congress of Accountants 2022, will be hosted by the Institute of Charteded Accountants of India in Mumbai, India. Professional Accountancy organization leaders. Theme they will be focusing on: Building trust.
CFO Dive
APRIL 12, 2023
Back in September, the Big Four accounting firm announced plans to split its auditing and consulting arms into two entities. Now, ‘Project Everest’ has been halted.
CFO Network
SEPTEMBER 9, 2022
The nightmare for accountants and businesses alike is a growing issue. Why Accounting cyberattacks are on the rise, and what you can do about it. The cloud is a great way to make accounting more accessible, but it also presents new risks that must be considered. Know Your Threats. Train Your Staff. Know Your Regulations.
Michigan CFO
NOVEMBER 26, 2021
When you’re running a small business, CFO services probably seem out of reach. You can improve your financial position for your small business with a CFO that fits your budget. Virtual and fractional CFO services for a small businesses put sound financial management in your hands. What Does a CFO Do in a Small Business?
CFO Dive
DECEMBER 7, 2022
The PCAOB cracked down against KPMG for several alleged violations in the latest sign of tougher oversight of the accounting firms that audit publicly listed companies.
Future CFO
FEBRUARY 23, 2023
Auditing and accounting talent shortage continue to make employers toss and turn, according to a global survey of more than 4,100 accountants and 2,300 auditors. When it comes to talent retention, more than 85% of accountants and 90% of auditors said it is either somewhat or extremely difficult.
CFO Dive
AUGUST 3, 2023
Many accounting firms lacking qualified staff have had to turn away work, according to alliantTalent.
CFO Talks
SEPTEMBER 7, 2023
Finding enlightenment in Indian While attending last year’s International Federation of Accountants conference in India, Nicolaas van Wyk, CIBA’s CEO, came across an enlightening idea. “There were about 30 to 40 000 accountants, mostly from India. We want to move the focus of the CFO towards Africa.
PYMNTS
SEPTEMBER 24, 2018
A research firm has discovered that the number of material accounting mistakes made by U.S. listed companies since 2005, finding firms that had to reissue their financials due to errors. For many, the mistakes were discovered when corporate finance teams were changing accounting paperwork to comply with the new U.S.
BlueLight
JULY 30, 2020
The financial implication of these decision is critical and the CFO is the executive helping the CEO navigate these decisions. Historically, the CFO role was focused on backward looking information: ensuring on-time and accurate financial reporting. The CFO suite doesn’t want to be the “department of No.” It evolves with stage.
BlueLight
MAY 1, 2020
Traditionally, the chief financial officer (CFO) is responsible for tracking the company’s past and present financial situation and ensuring on-time and accurate financial reporting. Today, the CFO is expected to inform strategic decisions that drive the success of the company. The CFO takes on the responsibility of FP&A.
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!
Future CFO
DECEMBER 26, 2019
The accounting profession is going through some major changes. Small businesses now have so much choice when it comes to selecting an accounting practice, that ordinary services like compliance, tax preparation and basic bookkeeping have become commoditised. The rise of the virtual CFO The virtual CFO is a fairly new concept.
Focus CFO
APRIL 7, 2023
We are pleased to announce that Jim Murdy has joined the FocusCFO, bringing his skills to small and medium-sized businesses in Southeast Ohio by providing Fractional CFO services. He reated and managed the first internal audit department at a community hospital located in Wheeling, WV.
CFO News
JULY 1, 2023
The President also admitted that Indian accountancy firms have not yet reached the stature of big multinational accounting firms, and highlighted that they should think about regulations of different fields and collaborate with law firms.
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