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All about the chart of accounts

Spreadym

The chart of accounts is a systematic listing of all the financial accounts used by an organization. It serves as a framework for organizing and classifying financial transactions, providing a standardized structure for recording and reporting financial information. This code helps identify and locate the account easily.

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Corporate Investors Irked By Lease Accounting Changes

PYMNTS

Chief financial officers are changing their views on how they assess corporate performance in light of changes to lease accounting rules coming into play. Companies including Orange, Deutsche Telekom and Air France have already notified investors that they are amending or changing performance metrics.

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The CFO's role in IPO preparations

Future CFO

CFOs must uphold compliance with accounting standards and take a cautious approach to accounting positions, often providing additional disclosures in situations with any potential for debate. A crucial aspect of the CFO’s role is benchmarking the company’s profitability against both local and global peers.

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Libor: This APAC country sets up a steering committee to deal with transition

Future CFO

The Monetary Authority of Singapore (MAS) has set up a steering committee to oversee an industry-wide interest rate benchmark transition from the Singapore dollar (SGD) Swap Offer Rate (SOR) to the Singapore Overnight Rate Average (SORA), in response to the discontinuation of the use of Libor (London Inter-bank Offered Rate) in Dec 2021. .

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What is Financial Planning and Analysis (FP&A)?

Spreadym

Compliance and Regulation: Financial Planning and Analysis ensures compliance with financial regulations, accounting standards, and reporting requirements. Regular performance reviews, feedback sessions, and benchmarking against industry standards can help organizations assess and improve the efficiency of their FP&A function.

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Strategic Finance Focus at Year-End

VCFO

These actions might include: A blitz on collection of past due receivables to reduce cash tied up in past due accounts, reduce bad debt exposure and improve DSO (days sales outstanding – a metric often scrutinized by lenders). Read more in our blog about Lease Accounting Updates.)

Finance 91
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Transcript: Cliff Asness

Barry Ritholtz

But if you buy low multiples and sell high multiples, either in a long-only beat the benchmark sense, whether over and underweight, and you did the same thing everyone does and call me a hedge fund manager. And value and momentum do, whether it’s relative outperformance against a benchmark or absolute performance in a hedge fund.