Accounting, Accounting Standards and Invoicing

MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

JULY 31, 2023

This new post provides a deeper look at how the leasing of medical equipment along with other bundled services or products presents particular challenges for meshing contracts and lessor accounting with DSE management and revenue recognition. According to Allied Market Research, "The global medical equipment rental market was valued at $56.0

Accounting

Accounting SAP GAAP IFRS

Nonprofit Accounting Services: The Right Solution

The Charity CFO

NOVEMBER 10, 2022

What should you look for when evaluating nonprofit accounting services? Yes, they might have a board member or volunteer who takes care of the finances, but they often lack specific expertise in nonprofit accounting. Benefits of Nonprofit Accounting Services. data entry, invoicing, and report generation).

Nonprofit

Nonprofit Accounting Auditing GAAP

How to Prepare for a Financial Audit

CFO Share

NOVEMBER 15, 2023

This article includes small business accounting tips to prepare for an audit while minimizing its expenses and findings. An audit evaluates: Compliance with accounting standards (GAAP or IFRS.) Auditors are good at finding issues, so even the best accounting teams find themselves working with auditors to improve their processes.

Auditing

Auditing IFRS GAAP Invoicing

Webinars

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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This country in Asia needs more digitization in accounting and tax

Future CFO

SEPTEMBER 24, 2019

Singapore need to further digitize when it comes to accounting and tax, according to the TMF Group. While the island state has adhered relatively well to international accounting standards—a trend only seen in 21% of jurisdictions in Asia Pacific, it trails behind its Asian counterparts in digitization, TMF Group pointed out.

Accounting

Accounting Invoicing Accounting Standards Compliance

5 Steps to Prepare your Organization for a Financial Audit

E78 Partners

SEPTEMBER 21, 2023

This is not just because of the intricacies and specificities required by the auditing standards but also due to the numerous challenges faced by organizations in the run-up to an audit. Furthermore, in an era of intricate financial landscapes, preparing for compliance with complex accounting standards becomes non-negotiable.

Auditing

Auditing General Ledger Reconciliations Accounting Standards

Best Practices to Perfect Your Month-End Close With Sage Intacct

https://trustedcfosolutions.com/feed/

APRIL 5, 2023

The cloud accounting solution, Sage Intacct , is an excellent resource to keep your financials on track by creating an efficient month-end close without the headache or hassle of sorting through documents and tracking mistakes. Customize Your Chart of Accounts With Dimensions. Implement Automated Workflows.

General Ledger

General Ledger Reconciliations Accounting Standards Auditing

KPMG, PwC, EY To Put $9B Toward AI, Data Tech

PYMNTS

JANUARY 2, 2020

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to change the industry in new ways, according to a report by Bloomberg Tax. “Many of the routine jobs will go as areas such as invoice processing are automated.

Data Analysis

Data Analysis Accounting Standards Auditing Invoicing

AICPA Calls On Fed For AR Financing Program

PYMNTS

APRIL 29, 2020

To provide immediate cash flow for small- to medium-sized businesses (SMBs), the American Institute of CPAs (AICPA) is asking for the Federal Reserve to make a short-term accounts receivable (AR) lending facility that is federally backed, according to an announcement.

Finance

Finance Accounting Standards Treasury B2B

Digital Solutions Economy Initiatives in the Software and SaaS Industry

Bramasol

FEBRUARY 13, 2023

Accounting and finance processes as businesses look to automate and streamline their financial operations. Long-term contracts: With many SaaS customers committing to long-term contracts that include usage, entitlements and other rights, it can be difficult to track and support actual consumption while assuring accounting compliance.

SAP

SAP Compliance Leverage Accounting Standards

Top 5 Mistakes Caught in a Nonprofit Audit

The Charity CFO

NOVEMBER 30, 2023

Most nonprofit leaders aren’t accountants and the thought of getting audited is a sizable fear. Luckily, being prepared can help you avoid accounting mistakes that could come up in a nonprofit audit. This guide will help you better understand the common mistakes nonprofits make in their accounting systems.

Nonprofit

Nonprofit Auditing Compliance Education

Reverse Factoring Intensifies The B2B Late Payments Debate

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

B2B Accounting Standards Finance Invoicing

Aussie Auditors’ Role In Reverse Factoring Disclosure Questioned

PYMNTS

JANUARY 2, 2020

Several high-profile corporate collapses and initiatives from corporate accounting standard-setters have raised questions about businesses’ use of supply chain finance and whether the trade finance tool prevents investors and auditors from gaining a transparent view into company finances. billion in debts.

Auditing

Auditing Corporate Finance Finance Invoicing

Fitch Sounds Warning On Corporate Debt Loophole Of Trade Finance

PYMNTS

AUGUST 1, 2018

According to the analytics firm, there is a trade finance-related corporate accounting loophole that may be widespread in the U.S. Also known as reverse factoring, supply chain financing enables businesses to sell unpaid invoices once they are approved by a corporate buyer. Defunct U.K. A survey of 337 U.S.

Finance

Finance Mergers and Acquisitions (M&A) Invoicing Accounting Standards

The UK’s Damning Carillion Report: The Spark For Change, Or An Unanswered Call?

PYMNTS

MAY 17, 2018

A few key themes emerged from the fallout, however, with analysts citing Carillion as a prime example of how a consolidated auditing market risks lackluster accounting standards, as well as how late payments by large corporates can have detrimental impacts on small suppliers. Both topics, however, have captured headlines for some time.

Auditing

Auditing Accounting Standards Construction Accounting

Best Practices from the CFO Suite

BlueLight

JULY 30, 2020

My motivation was to understand the responsibility of the CFO suite, the process of billing to accounting, and the software tools available to run an effective finance office. One is accounting: you need this done properly to inform the next two. It connects with bank accounts and corporate credit cards to track financial information.

CFO

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups

Quickbooks Integrations for Better Connectivity and Reporting

The Finance Weekly

APRIL 28, 2024

These let you link up your accounting and finance software with all the top business apps out there. Quickbooks Online Overview QuickBooks Online is an accounting software that lets companies, big or small, handle finances from anywhere with an internet connection.

Financial Planning and Analysis (FP&A)

Financial Planning and Analysis (FP&A) Invoicing Budgeting Finance

Bringing Personalization Tech To The CFO’s Office

PYMNTS

MARCH 7, 2016

Much has been made about the use of technology between businesses paying other businesses and the way software can boost sales in the field and invoice management. GAAP and international accounting standards, is another boon to efficiency, said Bres.

GAAP

GAAP Profit and Loss Invoicing Accounting Standards

165: Daniel Raubenheimer

CFO Talks

DECEMBER 26, 2021

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. CFO Talks is a brand of the South African Institute of Business Accountants. So a lot of it was leading back office finance for the company.

Manufacturing

Manufacturing CFO IFRS Budgeting

Corporate Finance Brief

MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Nonprofit Accounting Services: The Right Solution

Webinars

Trending Sources

How to Prepare for a Financial Audit

Webinars

This country in Asia needs more digitization in accounting and tax

5 Steps to Prepare your Organization for a Financial Audit

Best Practices to Perfect Your Month-End Close With Sage Intacct

KPMG, PwC, EY To Put $9B Toward AI, Data Tech

AICPA Calls On Fed For AR Financing Program

Digital Solutions Economy Initiatives in the Software and SaaS Industry

Top 5 Mistakes Caught in a Nonprofit Audit

Reverse Factoring Intensifies The B2B Late Payments Debate

Aussie Auditors’ Role In Reverse Factoring Disclosure Questioned

Fitch Sounds Warning On Corporate Debt Loophole Of Trade Finance

The UK’s Damning Carillion Report: The Spark For Change, Or An Unanswered Call?

Best Practices from the CFO Suite

Quickbooks Integrations for Better Connectivity and Reporting

Bringing Personalization Tech To The CFO’s Office

165: Daniel Raubenheimer

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