CFOs with a data-savvy eye improve compliance
CFO Dive
NOVEMBER 1, 2022
Handing over the reins of compliance programs to finance executives can curb risks, according to the Institute of Management Accountants.
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CFO Dive
NOVEMBER 1, 2022
Handing over the reins of compliance programs to finance executives can curb risks, according to the Institute of Management Accountants.
CFO Plans
MAY 2, 2024
When it comes to revolutionizing your financial management, finding the right accounting partner is a critical decision. With numerous options available, how can a CFO navigate this complex landscape and find the perfect match? This introspection will guide you towards the ideal accounting partner that aligns with your unique needs.
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Beacon CFO Plus
NOVEMBER 30, 2023
How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively.
The Charity CFO
MARCH 28, 2024
Your nonprofit accounting system might not be the most exciting part of your organization, but it’s one of the most important aspects. An effective accounting system helps you stay in compliance with tax and legal regulations–helping you maintain your exempt status. However, effective accounting isn’t just about following rules.
The Charity CFO
APRIL 5, 2023
In order to confidently run your organization, it’s important to have a strong understanding of nonprofit compliance requirements. In addition to the many struggles of running a business, nonprofits have additional hurdles to overcome as it relates to their mission, employment strategy, accounting, and compliance.
The Charity CFO
APRIL 26, 2024
The right accountant can be the difference between an efficient accounting process and a total mess. That’s why it’s so important to know what to look for in a nonprofit accountant. The next step is to ask your potential nonprofit accountant a few questions to see if they’d be a good fit for your organization.
CFO Talks
MARCH 20, 2024
The modern CFO: Guardian, Change-maker, Manager, Planner To help new accountants get ready for a CFO role at large companies, the Institute of Chartered Accountants of Ontario (ICAO) and Queen’s University conducted extensive research on the roles of the CFO. Catalyst, Operator, and Strategist.
Future CFO
SEPTEMBER 16, 2022
The act aims to create greater transparency and accountability whilst handling personal data, bringing changes to the privacy landscape for businesses. What are the role of Chief Financial Officers (CFO) and senior finance leaders when it comes to data privacy and compliance? 2562 came into effect. Anna Russell.
The Charity CFO
APRIL 1, 2024
Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. A good technology solution addresses each of your nonprofit accounting concerns.
CFO Talks
APRIL 5, 2023
Written by Leigh Schaler In a recent interview on the CFOTalks podcast, Zebediah Marewangepo a Senior Business Consultant at Taxdirect, shared his insights on the accounting profession in Zimbabwe and South Africa. but somewhere along the line I ended up doing accountancy and I then finished college in 1994.
CFO Dive
OCTOBER 6, 2022
Lease inventories, hiring more staff and renegotiating lease terms are some of the moves private companies can take to make compliance easier.
Beacon CFO Plus
NOVEMBER 2, 2023
Understanding the Responsibilities of a Part-Time CFO If you are bringing a fractional CFO into the folds of your business, you should have a solid grasp on the types of tasks and responsibilities he or she will provide. So what won’t your fractional CFO do? IT-related matters are typically handled by IT professionals.
CFO Talks
MARCH 20, 2024
From Controller to CFO: What Changes? Moving from being a Controller to a CFO is a big step up. Both the CFO and Controller deal with the company’s finances, but they focus on different things. Both the CFO and Controller deal with the company’s finances, but they focus on different things. What’s Different?
The Charity CFO
APRIL 20, 2023
How can nonprofit accounting software help your organization with efficiency? In today’s digital age, technology has revolutionized almost every aspect of business operations, including accounting and finance. For-profit companies have long used accounting software to track their financial transactions and monitor their bottom lines.
Future CFO
MARCH 14, 2024
Talent shortage among accounting staff continues to persist in many parts of the world including Southeast Asia, with the issue being most felt by small accounting firms that struggle to compete with the big accounting firms: KPMG , PwC , Ernst & Young , and Deloitte.
Future CFO
NOVEMBER 5, 2023
Mayank Gupta , CFO at India-based digital automotive solutions provider CarDheko Group , talks on what role financial leaders play in making sure that the company is IPO-ready. Long-term revenue growth In the pursuit of long-term revenue and profit growth, the CFO takes on a central role.
The Charity CFO
OCTOBER 9, 2023
However, that’s not the case with an organization’s accounting systems. Let’s take a closer look at nonprofit accounting systems, the most frequent mistakes, and how to avoid trouble down the road. It’s vital to get these right from the beginning or risk serious consequences in the future.
CFO Leadership
OCTOBER 10, 2023
AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals.
CFO Thought Leader
JUNE 1, 2023
CFO GUEST: Sruthi Lankla, CFO, Public.com CFO Sruthi Lanka: So public was a very young company, honestly, for the level of momentum that it had at the time that I joined. I can tell, I can talk ad nauseous about why it’s important to have in-house accounting teams, particularly in at periods of scaling.
CFO Thought Leader
OCTOBER 12, 2023
941: Mobilizing Your Team | Melissa Howatson, CFO, Vena At Avalara, we’re building cloud-based tax compliance solutions to handle every transaction in the world. Nearly every time you make a purchase, physical or digital, there’s an accompanying unique and nuanced tax compliance calculation.
CFO Thought Leader
AUGUST 17, 2023
GUEST CFO: Scott Bennion of Paystand 925: A.I. and the Hands of Time | Scott Bennion, CFO, Paystand At Avalara, we’re building cloud-based tax compliance solutions to handle every transaction in the world.
CFO Simplified
DECEMBER 12, 2021
The terms “finance” and “accounting” are often used interchangeably. There are, however, very real differences between finance and accounting. While many business owners look for a CFO to bolster their existing accounting team, here at CFO Simplified, we consider that a CFO would be categorized squarely in the finance category.
CFO Leadership
APRIL 2, 2024
The start of 2024 saw several high-profile accounting mistakes with companies having to publicly correct their quarterly earnings statements. While the specific causes of the errors were unclear, the incidents had many pointing the finger at a burgeoning risk factor: the shortage of certified public accountants.
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 Talks
OCTOBER 25, 2023
The journey from a Chartered Accountant (CA) to a Chief Financial Officer (CFO) is a transformative one, requiring a shift from technical expertise to strategic leadership. Transitioning from CA to CFO The transition from CA to CFO is not just about acquiring new skills but also about evolving one’s mindset.
CFO Talks
AUGUST 12, 2022
In February, Barry McCarthy was promoted from CFO to CEO of US sporting company Peloton Interactive. Closer to home, David Pfaff went from CFO to CEO of Tyme Group in May. We think the pathway from CFO to CEO will become increasingly common for these three reasons. CFOs are no longer just number crunchers.
Future CFO
MAY 26, 2022
According to Victor Ng , regional vice president for Asia, BlackLine , intercompany accounting involves the recording of financial transactions between different legal entities within the same private company. You're talking about the parent company with 50 CFOs running 50 entities for example." The intercompany complexity.
The Charity CFO
MAY 10, 2022
If your nonprofit uses donations of supplies, services, and even time to help fund your operations, you need to know about recent changes in accounting standards for in kind donations. So now is the perfect time to make sure you report in kind gift donations in compliance with GAAP standards in 2022. Why is FASB making this change?
CFO Network
FEBRUARY 21, 2024
5 Shocking Ways Outsourced Accounting Saves You Money! One area where many businesses can optimize their operations and cut costs is accounting. Outsourced accounting has emerged as a game-changer for businesses of all sizes. This blog will explore the surprising ways outsourced accounting can save money.
Future CFO
JANUARY 26, 2024
The outcome is boosted efficiency, increased accuracy, cost reduction, and stronger supplier relationships—a game-changer in Accounts Payable that allows finance leaders to navigate uncertain economic conditions and elections with confidence. The post Transforming accounts payable operations through AI appeared first on FutureCFO.
Future CFO
OCTOBER 22, 2023
Cloud accounting is rapidly gaining popularity among chartered accountants as digital technology advancements and the growth of cloud computing continue in today's world, posing opportunities for companies for innovation. The post Cloud accounting as the next step for chartered accountants appeared first on FutureCFO.
Future CFO
JANUARY 22, 2024
The accounting industry is undergoing profound transformation due to rapid technological advancements across all sectors in the market. Changes from manual record-keeping to sophisticated software solutions has undeniably shifted the accounting landscape, bringing in an era of heightened efficiency and accuracy.
Future CFO
SEPTEMBER 23, 2022
Natalie Wong Chin Ping has recently become CFO of Daiwa House Asset Management Asia, the manager of Daiwa House Logistics Trust. Wong has more than 24 years of experience in finance, accounting and treasury functions, with extensive experience within the real estate industry, according to the company.
The Charity CFO
AUGUST 15, 2023
Myths of Nonprofit Accounting and Why They Matter to Job Seekers Unfortunately, many job seekers fall victim to the stereotypes and believe the myths surrounding nonprofit accounting. In this section, we will debunk the three most common nonprofit accounting myths. Ready to dive deep into this exciting realm?
The Charity CFO
DECEMBER 8, 2022
But in order to get the most out of these grants, you need to understand how to properly manage and account for them. The IRS has strict regulations on how to handle grants and charitable contributions, so it is essential that you understand the best practices when accounting for them. 8 Best Practices When Accounting For Grants.
CFO Thought Leader
MAY 11, 2023
CFO GUEST: Bobby Leibrock, CFO, Red Hat 897: Satisfying a Growth Appetite | Bobby Leibrock, CFO, Red Hat Software At Avalara, we’re building cloud-based tax compliance solutions to handle every transaction in the world.
Future CFO
SEPTEMBER 24, 2023
Manish Modani , CFO at RDC Concrete (India) , discusses what fuels the newfound appreciation for financial expertise hence the observed evolution to the CFO role. Over the past few decades, the role of the CFO has undergone a remarkable transformation.
Bramasol
SEPTEMBER 29, 2023
Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economy™ (DSE), carbon-accounting mandates, a rising emphasis on artificial intelligence, and other disruptive trends, the role of Chief Financial Officer (CFO) is undergoing radical transformation too.
Spreadym
AUGUST 17, 2023
Data Integration : Dashboards often pull data from various sources, such as accounting software, ERP systems, CRM systems, and other data repositories. Here's a step-by-step guide to help you create financial reporting dashboards tailored for a CFO: Define Objectives and KPIs : Start by identifying the key objectives of the CFO dashboard.
FISPAN
MAY 24, 2022
Joe invests in key pillars across multiple vehicles for approximately 40 companies: office of the CFO, Embedded Payments, all things ERP, private and public capital markets, and bank technology. Office of CFO - Status of Digitization Financial operations of businesses continue to digitize at a rapid pace with.
CFO Share
AUGUST 8, 2023
The Chief Financial Officer (CFO) acts as your seasoned mountaineer, guiding your business towards its financial peak. This is where an outsourced CFO (aka fractional CFO) steps in, keeping your expedition moving toward the summit without delay. What are the Duties of an Outsourced CFO?
https://trustedcfosolutions.com/feed/
MARCH 8, 2023
Manual payroll methods can’t keep up with the demands of modern payroll accounting. A streamlined payroll process helps identify incorrect classifications and timesheet discrepancies and prevents future lawsuits or liability from non-compliance.
CFO Thought Leader
MAY 21, 2023
While chief accountant for the SEC’s investment management division, Alison Staloch reports, she found herself being greeted by a degree of inclusive enthusiasm that she had seldom encountered before. Says Staloch: “At the time, I still had thoughts about going back to public accounting. I thought to myself, ‘Wow!—this
CFO Thought Leader
MAY 23, 2023
Read More So a portion of my team, our disclosure, were disclosure, review accountants, and under the Sarbanes Oxley act, regulators are required to review the financial statements of every issue, or every three years. And this included the portfolio of registrants and their data that my office was assigned to review.
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