CFO Strategic Partners

JANUARY 18, 2023

As businesses close the books for the year and prepare for tax returns, CPAs can often get a clearer picture when their clients need more help in accounting. CFO Strategic Partners has the expertise to work closely with CPA firms to provide additional expertise to help companies continue on their growth trajectory.

CFO 52

CFO Auditing Nonprofit Reconciliations 52

The Finance Weekly

JANUARY 22, 2024

Joe Berchtold, the President and CFO of Live Nation Entertainment, earned an impressive $52.4 million in 2023, making him the ,, highest-paid CFO in the United States. Aspiring individuals may wonder how they can achieve similar heights and earn big as a CFO. Resolve accounting and finance problems.

CFO 52

CFO Education Communication Leadership 52

Embark With Us

JANUARY 19, 2022

But take a step further than a tool's sweet spot and a CFO is asking for trouble. So give us a few minutes as we explain how Alteryx is the next evolutionary step from Microsoft Excel and, most importantly, how it can reinvent your accounting function into a streamlined, nimble, and value-adding powerhouse for your entire enterprise.

Accounting 98

Accounting Finance Data Analysis General Ledger 98

CFO Simplified

JANUARY 5, 2024

The difficulty is that often an office manager, or senior member of the accounting team is responsible for maintaining the financial security of the firm with little or no oversight. Client Trust Accounts (IOLTA): Mismanagement of client trust accounts can lead to serious ethical and legal consequences.

Auditing 52

Auditing Reconciliations Compliance Securities 52

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 52

Finance General Ledger CFO Auditing 52

Centage

SEPTEMBER 6, 2022

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. While there are many alternatives to spreadsheets, some organizations still consider them an important part of their accounting procedures.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

Spreadym

AUGUST 10, 2023

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have.

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

CFO Share

MARCH 14, 2022

What is the difference between a quality of earnings report and an audit? Audited financial statements focus on compliance with GAAP accounting standards, whereas Quality of Earnings reports focus on the company’s earnings history and potential. Changes in accounting principles. Changes in accounting policies.

Auditing 52

Auditing GAAP Accounting Principles Profit and Loss 52

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 62

General Ledger Reconciliations Accounting Standards Auditing 62

Adam Kae

MAY 30, 2023

By integrating accounting software, such as QuickBooks or Xero, with our project management tools, we can automate the creation, delivery, and tracking of invoices. Reach out for your complimentary consultation today with CFO Adam. This ensures prompt payments, minimizes human error, and enhances cash flow management.

Marketing 52

Marketing Invoicing CFO Reconciliations 52

The Charity CFO

FEBRUARY 4, 2022

Do a Google search on nonprofit bookkeeping, and you’ll find page after page of articles on nonprofit accounting. Because while nonprofit bookkeeping and accounting are related, they’re not the same thing. A bookkeeper records and organizes financial data; an accountant interprets and presents that data. . And that’s a problem.

Nonprofit 98

Nonprofit Invoicing General Ledger GAAP 98

The Charity CFO

MARCH 2, 2022

I don’t know if my nonprofit’s accounting systems are bad… and I probably won’t know for sure until something bad happens.”. Isabel is the Onboarding Specialist at The Charity CFO. For more nonprofit accounting resources check out www.thecharitycfo.com. ?? Is this you? “I In this episode, you’ll discover….

Nonprofit 98

Nonprofit Auditing Reconciliations Accounting 98

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. workers in the finance and accounting field said they believe generative AI will have a positive impact on their career.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

Future CFO

SEPTEMBER 26, 2022

For example, an automated accounting close has a bot perform reconciliations and sends exceptions and errors to a human for adjudication. Middle-office use cases, such as blockchain enabling an audit-ready continuous close.

Finance 52

Finance General Ledger Reconciliations Auditing 52

Centage

SEPTEMBER 6, 2022

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. While there are many alternatives to spreadsheets, some organizations still consider them an important part of their accounting procedures. Spotting trends. Forecasting.

Securities 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

The Charity CFO

JANUARY 5, 2023

Accountability for everyone involved. When creating your fiscal policy, ensure that it complies with the Generally Accepted Accounting Principles (GAAP). Make board members accountable. Create transparency and accountability required by the board and IRS. Consistent policies will ensure: Clear assignment of authority.

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52

CFO Share

OCTOBER 13, 2023

Key takeaways for business leaders include: Maintaining an emergency fund for unforeseen expenses Timely collection of accounts receivable Monitoring inventory and purchasing vs. forecasts to avoid overstocking. To truly enhance efficiency, businesses should dive deep into workflow audits, identifying specific bottlenecks and process lags.

Cash Flow Forecasting 52

Cash Flow Forecasting Profit and Loss Forecasting Startups 52

https://trustedcfosolutions.com/feed/

AUGUST 12, 2022

Still, there are also several key provisions of Sarbanes-Oxley that apply to small and medium-sized businesses as well as to accountants, auditors, and executives. All public companies are required to comply with Sarbanes-Oxley (SOX). For example, an administrator can.

Compliance 109

Compliance Reconciliations Auditing Securities 109

Future CFO

NOVEMBER 18, 2019

However, fundamental tasks in statutory accounts, management accounts, investments, budgeting, analysis, compliance, risk, payroll, audit, taxation and managing working capacity are very much interconnected. CFO in 2020: Influencing digital innovation. CFO as the pillar of strong culture. Think about the outcome.

CFO 52

CFO Finance Reconciliations Accounting Standards 52

CFO Share

SEPTEMBER 7, 2023

Monthly account reconciliations are commonly only performed on major GLs, like cash and credit cards. However, you need to reconcile every balance sheet account to a schedule for year-end. Print out a copy and, next to each account, write what schedule you will use. Plan your schedules.

Profit and Loss 40

Profit and Loss Concentration Reconciliations Auditing 40

The Finance Weekly

APRIL 27, 2022

Doing so as a CFO requires the following actions: 1. Additionally, the CEO, CFO, and other C-suite members must lead by example to ensure consistency between their actions and their expectations. Issue reports quickly and ensure management understands them, including their accountability. Tackling the Issue of Ethics.

Leadership 52

Leadership Financial Planning and Analysis (FP&A) CFO Communication 52

Planful

JANUARY 19, 2016

When I was a staff accountant back in the mid-1980s, I remember spending many nights and weekends working to close the year-end books. Intercompany reconciliations were a nightmare, with many phone calls to the foreign subs. Life is so much easier for accounting and Finance staff now with today’s technology.

IFRS 40

IFRS GAAP Reconciliations Auditing 40

CFO Leadership

MARCH 31, 2022

Treasury professionals may now have to keep an overview on hundreds of bank accounts with different bank partners, in multiple currencies and in many countries around the world. To help treasurers get started on their path to success, we’ve prepared five steps to improve global cash visibility: Centralize your bank accounts.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

Planful

FEBRUARY 21, 2017

From the collection and consolidation of financial results, to the creation of year-end financial statements, to audits and regulatory filings – finance teams are often distraught throughout the process. Attend to Reconciliations Early. A big challenge in the year-end close process is account reconciliations.

Reconciliations 40

Reconciliations IFRS GAAP Leverage 40

Future CFO

OCTOBER 4, 2020

Listen in to Part 3 of our Webinar: Align Finance & Operational Plans Accurately and Efficiently to find out how you to think big, start small and gradually evolve towards a full-fledged integrated business planning for your organisation: • Planning that saves time and eliminates manual reconciliation.

Finance 40

Finance Planning Reconciliations Auditing 40

Future CFO

NOVEMBER 5, 2019

AI supports this process with the creation of automated checklists, step by step instructions which results in less time waste by CFOs and their teams and there is a higher level of accuracy on reporting,”he said. “AI AI is broad term but it’s essentially about data and getting a learning engine to do a better job.

Finance 52

Finance Auditing Invoicing Reconciliations 52

CFO News Room

NOVEMBER 2, 2022

Though Section 203(c)(1)(D) of the Advisers Act contemplates the possible adoption of a rule that requires the submission of a balance sheet certified by an independent public accountant and “other financial statements,” the SEC has to-date not adopted such a rule. RIA Fee Itemization And Surprise Custody Audits.

Compliance 130

Compliance GAAP Investments Advertising 130

Planful

MAY 25, 2017

CFOs and controllers at our customer accounts see Allocadia as a “Finance compliance tool” for marketers because it ensures that they’re using sanctioned, Finance-sourced data, and because it gives you visibility into their world that you otherwise couldn’t get. It will be easy to grasp because it’s close to your own.

Finance 40

Finance Budgeting CFO Invoicing 40