Accounting, Accounts Payable, Auditing and Education

The Biggest Challenge Facing Accounts Payable

CFO Share

JULY 19, 2023

The biggest challenges facing accounts payable are chaos, maintenance cost, and fraud. Bring order to Accounts Payable. An AP digital transformation centralizes all bill receipts into one inbox, eliminates paper and associated data “blackholes,” and maintains clear audit records of all activity.

Accounts Payable

Accounts Payable Accounting Auditing Education

Want to outsource your accounts payable? What to look for

CFO Share

MAY 31, 2023

Accounts payable is an annoyance at best, a disaster at worst. More and more businesses use accounts payable outsourcing as a solution to this problem. What to look for in an accounts payable company. Educate your team about fraud schemes. The post Want to outsource your accounts payable?

Accounts Payable

Accounts Payable Accounting Auditing Education

3 Types of Invoice Fraud and How to Prevent it

CFO Share

MARCH 2, 2023

Accounts payable is the most common source of fraud in a small business. Both internal accountants and external hackers target weak AP processes to steal money since it is the business process most vulnerable to fraud. What are some of the common fraud attempts in accounts payable?

Invoicing

Invoicing Accounts Payable Auditing Education

Webinars

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

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Financial Accounting Hierarchy - By JP Puchulu

Boston Startup CFO

APRIL 3, 2023

Financial accounting: A topic that can easily disorient even the most driven entrepreneurs. As a trailblazer exploring unknown territories, you must equip yourself with the appropriate knowledge and tools to make educated decisions that guide your enterprise towards success.

Accounting

Accounting Accounting Principles GAAP Compliance

Your Ultimate Finance Department Checklist

CFO Simplified

DECEMBER 26, 2021

It’s easy to grow without noticing that your finance and accounting department is stretched far too thin. From overworked staff accountants to controllers running month-end closes, a poorly structured finance, and accounting department can put strains on your business’ growth. Roles and Responsibilities. Company Size.

Finance

Finance General Ledger CFO Auditing

Ancora On Streamlining AP Processes With Machine Learning

PYMNTS

AUGUST 21, 2019

The drive to eliminate paper in the accounts payable process, to cut the steps that lead to inefficiencies, continues to get a boost from technology. Legislation like the Sarbanes-Oxley Act and others have put pressure on companies to be able to show an auditable and measurable process in all their financial systems,” Flynn said.

Accounts Payable

Accounts Payable Invoicing Financial Systems Compliance

Case Study: Financial Clarity with Modern Nonprofit Accounting Software

The Charity CFO

APRIL 25, 2024

For nonprofit organizations, accounting comes with a lot of complexity. Instead of slow, paper-driven, backward-looking accounting, these organizations are moving quickly through digital integrations allowing them to focus on their core responsibilities. What is the actual goal in a nonprofit accounting setup?

Nonprofit

Nonprofit Accounting CFO Auditing

164: Johannes Seefried

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.

CFO

CFO Construction Finance Education

Managing Security Risks with Virtual Bookkeeping

CFO Share

APRIL 11, 2024

Counter-intuitively, an outsourced bookkeeping service reduces the risk of fraud by adding more oversight and best-practices to your accounting processes. Beyond security, there are other reasons “do it yourself accounting” hurts your business. The entry-point for hackers – your vendor’s email accounts – are beyond your control.

Securities

Securities CFO Education Auditing

Financial Oversight Guidelines for Nonprofit Boards

The Charity CFO

MAY 18, 2022

But when public funds are at risk (in the form of donations and grants ) an accountability system must be employed to ensure funds are used appropriately. The board of directors is the core element of this accountability system. If your nonprofit requires an audit, the board should engage directly with the audit firm.

Nonprofit

Nonprofit Auditing Compliance Budgeting

AP Fraud Is Alive And Well, APEX Warns

PYMNTS

AUGUST 24, 2017

More than half of accounts payable departments said they don’t partner closely with internal audit teams, while 82 percent have no connection to internal enterprise security teams. In general, he said, companies are aware of the risk of fraud in their accounts payable departments.

Accounts Payable

Accounts Payable Invoicing Benchmarking Auditing

Why Corporates Trip Over All The Moving Parts Of Inter-Company Transactions

PYMNTS

AUGUST 19, 2016

Inter-company accounting , says Deloitte, is suffering from a lack of transparency and accuracy, and Tom Toppen from Deloitte’s inter-company accounting team informed PYMNTS how the negative implications of this go beyond a troublesome audit. The Root Of The Problem. Where The Problem Grows. ” How To Fix It.

Foreign Exchange

Foreign Exchange Auditing Treasury Accounts Payable

AI: Expense Fraud’s New BFF

PYMNTS

JANUARY 11, 2018

The problem with this strategy, however, is that the use of manual auditing solutions would force managers not only to review every single charge on every single expense report, but to somehow keep a record of each employee’s past offenses to identify when they repeat a mistake or commit fraud more than once. . ”

Auditing

Auditing Accounts Payable Benchmarking Education

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 Budgeting IFRS

AIs Impact on Corporate Finance

The Finance Weekly

JULY 31, 2023

Artificial Intelligence (AI) is gradually revolutionizing various industries, including the field of accounting and finance. They highlighted how AI technology is transforming the way finance and accounting teams work with data and make decisions. Nicholas Boucher, a Finance Leader and Educator also participated in the webinar.

Corporate Finance

Corporate Finance Finance Leverage Accounts Payable

Corporate Finance Brief

The Biggest Challenge Facing Accounts Payable

Want to outsource your accounts payable? What to look for

Webinars

Trending Sources

3 Types of Invoice Fraud and How to Prevent it

Webinars

Financial Accounting Hierarchy - By JP Puchulu

Your Ultimate Finance Department Checklist

Ancora On Streamlining AP Processes With Machine Learning

Case Study: Financial Clarity with Modern Nonprofit Accounting Software

164: Johannes Seefried

Managing Security Risks with Virtual Bookkeeping

Financial Oversight Guidelines for Nonprofit Boards

AP Fraud Is Alive And Well, APEX Warns

Why Corporates Trip Over All The Moving Parts Of Inter-Company Transactions

AI: Expense Fraud’s New BFF

165: Daniel Raubenheimer

AIs Impact on Corporate Finance

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