The CFO College

AUGUST 31, 2021

As an accountant or bookkeeper, you can help prevent startups from going under or losing profitability. You may hear some accounting professionals talk about horror stories related to startups. You also want to establish a clear process for accounts receivable. You see, a good idea just isn’t enough for raising capital.

Startups 81

Startups Accounting General Ledger Forecasting 81

PYMNTS

DECEMBER 18, 2020

auditing standards by the end of next year, including opening up their audit records to U.S. Others have suffered from their own internal problems, such as Luckin Coffee, which was delisted in April over an accounting scandal. auditing rules. stock exchanges would have to conform to U.S.

Auditing 107

Auditing Valuation Treasury Marketing 107

PYMNTS

OCTOBER 9, 2020

The big B2B investment of the week was Tipalti , which landed $150 million in new funding on a $2 billion valuation. The valuation puts the accounts payable (AP) and mass payments company well into “unicorn” territory, meaning it is valued at over $1 billion. PYMNTS rounds up the latest funding rounds below.

Compliance 107

Compliance Auditing Accounts Payable Valuation 107

PYMNTS

DECEMBER 9, 2020

Or it may be a last gasp amid heightened valuations and investor enthusiasm, with a focus on a business model that has soared – and may, depending on how you look at it, face fresh challenges that crimp the drive to realizing black ink on the operating line. What about the strain on IT and accounting?

Valuation 76

Valuation Auditing Accounting Firms Financial Reporting 76

The Charity CFO

DECEMBER 15, 2023

This can lead to unique accounting and recordkeeping challenges that for-profit businesses don’t have to face—especially related to revenue classification. Accurate revenue recognition, classification, and records are some of the most important aspects of nonprofit accounting. Likewise, expenses are recorded when they are incurred.

Nonprofit 52

Nonprofit Compliance CFO Valuation 52

CFO News Room

DECEMBER 16, 2022

They may work in various industries, such as investment firms, accounting firms, banks, or the government. Chief compliance officers often have a degree in finance, law, accounting, or business administration. They must also help customers understand their coverage, file claims, and manage their accounts. Senior Accountants.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

Future CFO

JULY 19, 2022

Reduced valuations, especially for tech businesses, have prompted US-listed China concept stocks that need to ameliorate delisting risks to make introductory listings here rather than raise massive sums as they did in the past, Lui added. “It This contrasts with the 38 Chinese businesses that listed in 1H 2021, raising US$14.3

Marketing 52

Marketing Valuation Forecasting Manufacturing 52

Fpanda Club

SEPTEMBER 2, 2021

Another important aspect to consider within the discussed topic is how exactly FP&A is different from other finance disciplines, namely accounting, corporate finance and financial control. All this makes financial controllers obvious candidates for communicating with external auditors and managing the audit process.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Budgeting 130

PYMNTS

JUNE 27, 2017

hack affected about 500 million accounts, damaging the company’s reputation and leading Verizon Communications Inc. Cybersecurity is not about getting technical, it’s about business impact, and ultimately valuations. According to Bloomberg Technology , the need for cybersecurity expertise became clear after a 2014 Yahoo!

Mergers and Acquisitions (M&A) 43

Mergers and Acquisitions (M&A) Auditing Valuation Communication 43

Future CFO

MARCH 30, 2020

Revisit, reconsider, reshape Most organisations are likely to have everything in place to close 2019 accounts, but they should still assess the impact of the coronavirus crisis on their business and think about any risks or uncertainties, as well as any mitigating actions that may need to be included as disclosures.

Foreign Exchange 40

Foreign Exchange Auditing Accounting Valuation 40

PYMNTS

JANUARY 18, 2019

But then again, as reported earlier this month by supchina , valuations of FinTech companies have been waning, as seen through 2018, with market caps of several companies, such as Xinfu and ZhongAn Online, dropping by more than 60 percent. The regulatory environment is far from crystallized.

Sales 53

Sales Auditing Valuation Banking 53

PYMNTS

DECEMBER 1, 2017

From a firm that targets accounting for blockchain companies to a social network for farmers, investors certainly diversified their funding targets. million in Series A funding announced this week, Libra said it plans to roll out new apps and services for accounting, auditing and tax processes, according to Accounting Today.

Startups 47

Startups B2B Transportation Auditing 47

PYMNTS

SEPTEMBER 7, 2018

Companies like alternative small business (SMB) lenders or accounting solutions providers, for instance, remain popular investment targets. Yoco provides businesses with payment management and auditing services, targeting SMBs that struggle to get off cash and paper documents. Based in the U.K.,

B2B 43

B2B Invoicing Reconciliations eCommerce 43

VCFO

MAY 5, 2022

Are the books and records clean and audit ready? Unless it is a simple, small business, the valuation of the business can be complicated. Engaging valuation expertise is a good way to pave the path to success. Are there incentives to motivate and keep key players in place, even after the transaction closes?

Sales 79

Sales Mergers and Acquisitions (M&A) Planning Valuation 79

Cube Software

MAY 11, 2023

Pro forma financial statements and GAAP It's important to note that, since pro forma statements are based on hypothetical or projected data, they are not compliant with generally accepted accounting principles—GAAP statements must be based on actual financial results. Pro forma statements are also used to secure financing.

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40

PYMNTS

DECEMBER 10, 2016

When all the shares were accounted for, Lending Club’s original IPO managed to pull in more than $1 billion — slightly beating expectations and making it the seventeenth-largest U.S. The internal audit had two major and disturbing reveals. IPO of the year. banks at the time. But the second issue directly implicated Laplanche.

GAAP 73

GAAP Compliance Valuation Auditing 73

BlueLight

AUGUST 21, 2020

In these conversations, I observed that each finance leader had a different perspective and approach when engaging with their financial accounting partner. From there I was recruited by Coopers & Lybrand in San Francisco to join their valuation group?—?before Accounting ?—?Many before they became PricewaterhouseCoopers.

Planning 52

Planning Marketing Startups CFO 52

Barry Ritholtz

DECEMBER 5, 2023

But if I had a plan as to how to do that when I went to college, it was learn as much as I could, as fast as I could and get a ba and then become an accountant and a lawyer. How, how are the higher rates affecting valuations amongst private companies? 00:37:43 [Speaker Changed] So there’s two issues that are affecting valuations.

Mergers and Acquisitions (M&A) 69

Mergers and Acquisitions (M&A) Investments Valuation Numbers 69

PYMNTS

DECEMBER 7, 2017

Blockchain and crypto companies may be operating with cutting-edge technology, but in the back-office, accounting and bookkeeping strategies are stuck in the stone age. The fact is, they’re managing all of their books and records and valuation manually in Excel spreadsheets right now,” he told PYMNTS. “The

Accounting 52

Accounting Auditing Valuation Financial Data 52

PYMNTS

MARCH 18, 2019

According to Reuters , in what the publication described as the largest corporate scandal in South Africa, corporate auditing firm PwC has uncovered a $7.4 billion accounting fraud at South African retailer Steinhoff. Last year, the firm was ordered by a federal judge in the U.S. to pay the Federal Deposit Insurance Corporation $625.3

Accounting 49

Accounting Auditing Valuation Retail 49

The Charity CFO

FEBRUARY 2, 2022

In fact, as a nonprofit organization, the expectations for transparency and accountability are higher than those for for-profit businesses. It’s a tool for ensuring transparency, disclosure, and accountability to the public. Full accounting of income, expenses, and donors. Why do nonprofits need to file Form 990? Full Form 990.

Nonprofit 98

Nonprofit Profit and Loss Auditing GAAP 98

Jedox Finance

JULY 11, 2023

The evolving role of finance in ESG Do finance professionals have the inherent skill set needed to effectively transform ESG initiatives from aspiration to accountability? Conversely, late adoption and omissions will pose challenges such as a reduction in market share, blacklisting, and severe penalties.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Compliance Profit and Loss 52

Musings on Markets

OCTOBER 19, 2021

The second is that interest groups have become much more savvy about lobbying regulatory groups and accounting rule writers to get their required data items on the required list. The second is the notion of materiality , a key component of how accountants and regulators think about what needs to be disclosed.

Profit and Loss 70

Profit and Loss Accounting Numbers IFRS 70

Barry Ritholtz

MAY 9, 2023

You begin in audit practice at KPMG. And my dad had always said, as many young kids get this advice, doctor, lawyer, accountant, engineer. SALISBURY: And accountant seemed like a reasonable option. And I kind of stumbled my way into accounting. That background of being an accountant was just great bedrock training.

Investments 116

Investments Banking Advertising Finance 116

Barry Ritholtz

MARCH 5, 2024

I graduated economics with, with a lot of coursework in accounting and finance. It’s like you said, I started at Pricewaterhouse and I went through a one year rotation there, so it started with audit. What happened over the last year and a half or so is rates went up and valuations went down.

Mergers and Acquisitions (M&A) 57

Mergers and Acquisitions (M&A) Credit Risk Investments Banking 57

CFO News Room

FEBRUARY 5, 2023

The India Rising story hit some turbulence last week, as one of its biggest corporate success stories, the Adani Group, was hit with a report from Hindenburg Research, an investing group that specializes in targeting and shorting companies that it believes have dubious accounting and business practices.

Marketing 130

Marketing Investments Auditing Restructuring 130

Musings on Markets

FEBRUARY 4, 2023

The India Rising story hit some turbulence last week, as one of its biggest corporate success stories, the Adani Group, was hit with a report from Hindenburg Research, an investing group that specializes in targeting and shorting companies that it believes have dubious accounting and business practices.

Investments 100

Investments Valuation Auditing Restructuring 100

Barry Ritholtz

MARCH 12, 2024

And we’ve automated the, the appraisal process for valuation, both intrinsic value, meaning like, where would we pay it, where would we buy it, and where is the fair market price that asset from that level, from price and from consumer behavior now. We’ve gathered up all the information you would need to do an appraisal.

Profit and Loss 57

Profit and Loss Investments Marketing Securities 57

PYMNTS

MARCH 20, 2018

billion in market valuation and hitting a low not seen in four years thanks to its latest privacy scandal, this time with Cambridge Analytica. The European Parliament will investigate fully, calling digital platforms to account.”. Facebook’s stock tanked in trading Monday (March 20), erasing $36.7 and the U.S.,

Marketing 42

Marketing Auditing Valuation Accounting 42

Barry Ritholtz

NOVEMBER 7, 2023

This, this is true with every pump and up scheme, every pyramid scheme, and it, it comes out in some of the court documents later that in, in some of the corporate Slack accounts, one, one of the people say they should be the director of Ponzi economics. How, 00:15:40 [Speaker Changed] How hard is it to show those audited returns?

Numbers 61

Numbers Profit and Loss Banking Finance 61