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 CFSO could be placed above today’s CFO and CSO functions to oversee the integration of finance and sustainability into business strategy, the study report says.

Finance 52

Finance Auditing Corporate Finance Accounting 52

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?

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

Future CFO

NOVEMBER 27, 2022

As enterprises look to embrace these technologies, CFOs and finance organizations are uniquely positioned to take their current roles of stewards of data, algorithms of measurements, and validation of benefits, to bring about the next generation of business – that of the cognitive enterprise. Sanjay Patil.

Finance 52

Finance CFO Compliance Auditing 52

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.

Nonprofit 52

Nonprofit Technology Auditing Profit and Loss 52

PYMNTS

OCTOBER 25, 2019

Top accountancy firms are asking the Financial Accounting Standards Board (FASB) to clarify how corporates should report on supplier finance programs that are in place, according to Compliance Week reports on Friday (Oct. As the letter notes, U.S.

Finance 40

Finance GAAP Compliance Accounting Standards 40

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. If you don’t keep donors happy and engaged, you could see a drop in your finances. 2024 will be no different.

Nonprofit 52

Nonprofit Compliance CFO Leverage 52

PYMNTS

MAY 4, 2020

Accounting firms have become an important collaborator in aiding cloud migrations by small to medium-sized businesses (SMBs), according to Alan Chang, managing director of Singapore Corporate Services (SCS). A New Model For Accounting. But overcoming these challenges is essential.

eCommerce 67

eCommerce Accounting Accounting Firms B2B 67

PYMNTS

DECEMBER 7, 2020

Today in B2B payments, Revolut launches a new solution for its business customers, and MonetaGo collaborates to combat trade finance fraud. Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants. Serent Capital Invests In Procurement Partners.

B2B 63

B2B Finance Practice Management Invoicing 63

PYMNTS

JANUARY 9, 2019

In a 2017 report from job hunting site Indeed , researchers found that “small business accountant” was nowhere to be found in the top-10 job positions sought after by most small business employers. “Bookkeeping is the low-value work performed by accounting firms,” he said.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

Bramasol

OCTOBER 31, 2023

Augmented in recent years by our additional specialization in SAP Quote-to-Cash solutions, Bramasol now offers a unique approach for integrating both frontend customer-facing processes and backend compliance processes within a unified approach that can adapt and scale to virtually any requirements.

SAP 64

SAP IFRS Compliance Construction 64

PYMNTS

MARCH 15, 2019

Anxieties that automation will replace humans have waned in the accounting sector, as industry players begin to realize that technology can actually help accountants play a more important role for their small business (SMB) customers as advisors and guides, rather than replacing their roles outright. Tax reform in the U.S.

Accounting 77

Accounting Accounting Firms Auditing Budgeting 77

The Charity CFO

MARCH 29, 2024

Knowing where your finances stand is essential to effective nonprofit management. First, reviewing your nonprofit budget compared to actual performance helps you maintain financial transparency and accountability. Accurate data also helps you stay in compliance with legal regulations and tax laws, such as annual IRS filings.

Nonprofit 52

Nonprofit Budgeting CFO Prioritization 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. Over-reliance on high-interest short–term financing . Red Flag #2: Hidden Compliance Issues. DO NOT let compliance issues linger.

Nonprofit 98

Nonprofit Auditing Compliance Accounting 98

Bramasol

OCTOBER 31, 2023

Augmented in recent years by our additional specialization in SAP Quote-to-Cash solutions, Bramasol now offers a unique approach for integrating both frontend customer-facing processes and backend compliance processes within a unified approach that can adapt and scale to virtually any requirements.

SAP 52

SAP IFRS Compliance Construction 52

The Charity CFO

MAY 19, 2023

In a previous article, we discussed the benefits, risks, and compliance requirements of outsourcing bookkeeping for nonprofit organizations. Not only does it fulfill compliance requirements, but it also plays a crucial role in achieving the organization’s mission.

Cash Management 52

Cash Management Nonprofit Compliance Budgeting 52

PYMNTS

DECEMBER 18, 2018

Technology may be enabling automation in small business (SMB) accounting and financial management, but rather than cutting out the need for human accountants in the field, this tech disruption is supporting a change in the profession. Recently, several technology firms have done just that.

Accounting 53

Accounting Technology Finance Invoicing 53

Future CFO

MAY 19, 2020

Some of the RPA implementation projects might resume while those finance functions that planned to implement RPA before the health crisis might kick off those projects soon. Paperless audit trails reduce the risk of non-compliance and human error.

Finance 52

Finance Invoicing Auditing Technology 52

The Charity CFO

OCTOBER 4, 2022

Finance Department. 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. Ensure Compliance and Organization. And who do they report to?

Nonprofit 98

Nonprofit Budgeting Compliance CFO 98

The Charity CFO

APRIL 22, 2024

High levels of burnout could pose legal, compliance, and financial risks as employees lose focus or drive in their jobs. You might rely on your administrative team to handle all of your accounting and bookkeeping work as well. We’re happy to provide nonprofit accounting services to help take some of that stress off of your team.

Nonprofit 52

Nonprofit Budgeting Concentration CFO 52

CFO Talks

SEPTEMBER 28, 2022

I fell in love with accounting and it’s still my passion’. My guest today is Engela Van Loggerenberg, she wears a number of hats, she’s the group financial director of Cash Converters Southern Africa, she’s also the managing director of True Accounting and the owner of a Cash Converters store in Woodmead.

CFO 52

CFO Budgeting Finance Accounting 52

CFO Talks

OCTOBER 10, 2022

CFO Club Africa is a division of the Chartered Institute of Business Accountants, the professional body for business accountants, financial managers and chief financial officers. and join our community of accounting and finance executives. Go to www.cfoclub.co.za I only came to South Africa in 2009.

CFO 52

CFO Transportation Education Accounting 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

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 Compliance Accounting 52

BlueLight

JULY 16, 2020

myStartUpCFO I recently spoke with finance leaders from a couple dozen startups. These businesses ranged from seed stage companies where the CEO was the finance leader to growth stage companies with an in-house CFO. Please introduce yourself, your firm, and the services you provide. Software is key to our operation.

Startups 52

Startups CFO Reconciliations General Ledger 52

The Charity CFO

APRIL 28, 2023

Is there an advantage to working with accounting firms specializing in nonprofits? However, running a nonprofit comes with unique challenges that require specialized expertise, particularly in financial management and accounting. Grant Accounting Many nonprofit organizations rely on grants to fund their programs and services.

Nonprofit 52

Nonprofit Accounting Firms Accounting Auditing 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.

Nonprofit 52

Nonprofit Accounting CFO Auditing 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.

Financial Data 52

Financial Data Auditing Financial Reporting CFO 52

The Charity CFO

JANUARY 17, 2022

If you’re like most nonprofit leaders, you’re not researching nonprofit accounting basics to satisfy your curiosity. You need to get a better grasp of your organization’s finances now. with this overview of nonprofit accounting basics. . What is nonprofit accounting? So the cash in your bank account is an asset.

Nonprofit 98

Nonprofit Accounting Profit and Loss Accounts Payable 98

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

CFO News Room

NOVEMBER 15, 2022

And so, what we did, and I guess the advantage of being with a broker-dealer is those are now Commonwealth house accounts. Just they’re Commonwealth house accounts, so that slice of what was 6% of revenue, it goes to them. They’re just handling the existing house accounts that are there. Stacey: Absolutely.

Planning 130

Planning Accounting Compliance Math 130

Bramasol

NOVEMBER 13, 2023

For example, at Bramasol we made a decision over a decade ago to focus on SAP finance solutions for the office of the CFO, with a specific emphasis on the new revenue recognition compliance requirements in ASC 606 and IFRS 15. For more on alternative approaches, read the next section.)

SAP 76

SAP General Ledger IFRS Compliance 76

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. And as I said, he’s a qualified CA. Nicolaas: Okay.

CFO 52

CFO Leadership Accounting Finance 52

E78 Partners

FEBRUARY 9, 2023

Stern Cassello & Associates will operate as part of E78’s Fund Solutions business unit, which offers highly technical and strategic outsourced CFO, COO and CCO services, regulatory and compliance solutions, fund administration support and fully managed financial and investor reporting services to private investment funds.

Compliance 40

Compliance Finance Cost Management CFO 40