CFO Simplified

AUGUST 21, 2022

In this case, the bank is giving you a percentage of those quick assets—either inventory or accounts receivable (AR)—to provide support for the loan they’re giving you. Regarding Accounts Receivable. With regard to accounts receivable, one thing banks are always concerned about is customer concentration.

Banking 98

Banking Concentration CFO Accounting 98

Focus CFO

JUNE 3, 2023

Steve's experience spans three decades of executive leadership, he has held positions such as CEO, COO, and CFO, where he specialized in finance, accounting, and operations. His proficiency is primarily concentrated in the sectors of healthcare and banking.

Concentration 52

Concentration Healthcare Leadership CFO 52

The Finance Weekly

APRIL 21, 2024

What could go wrong if your Chief Financial Officer (CFO) is not effective in their job? What CFOs are Capable of Doing? Being a CFO is a top-tier position where you team up with the CEO and other leaders to steer a company toward success. Address accounting and finance issues.

CFO 52

CFO Budgeting Auditing Accounting Principles 52

Generation CFO

JANUARY 28, 2022

Successful businesses need a culture of making it happen, says James Owen, Kantar’s Profiles division Global CFO. As a global CFO, one of the best bits about my job is seeing across many different cultures as well as the different ways of working and thinking that can foster within a business,” says James. . Diversity is key.

CFO 200

CFO Math Concentration Finance 200

CFO Share

APRIL 11, 2024

Busy small business owners unable to keep up with their books often consider outsourced CFO services as a cost-effective solution. Counter-intuitively, an outsourced bookkeeping service reduces the risk of fraud by adding more oversight and best-practices to your accounting processes.

Securities 52

Securities CFO Education Auditing 52

PYMNTS

FEBRUARY 5, 2020

In finance, accounting is everything. Accounting for everything, especially when it comes to credit — in other words, taking stock and measure of where lending activities have been concentrated, where risk is and where losses may loom — is as much art as science. billon, American Express by $2.7 Peeking Under the CECL Hood.

Accounting 63

Accounting Banking Forecasting CFO 63

CFO Talks

AUGUST 24, 2022

Welcome to this SAIBA CFO podcast, SAIBA is the South African Institute of Business Accountants, it has more than 12 000 members and specialises in a wide range of disciplines such as accountancy and tax, training and development, career enhancement, legislation and financial reporting.

Auditing 98

Auditing CFO Accounting Concentration 98

Future CFO

SEPTEMBER 10, 2023

“I think we need to recognise that the CFO role can mean a lot of different things in different businesses. It really depends on the type of business, their strategy and the type of skills they want the CFO to lead on.” Dan Wells, CFO at GrowCFO Charisma. Persuasive. These are qualities we often equate with leaders of the past.

CFO 98

CFO Finance Leadership Concentration 98

The Charity CFO

APRIL 22, 2024

You might rely on your administrative team to handle all of your accounting and bookkeeping work as well. We’re happy to provide nonprofit accounting services to help take some of that stress off of your team. The post How to Prevent Burnout in Your Nonprofit appeared first on The Charity CFO. Get the free guide!

Nonprofit 52

Nonprofit Budgeting Concentration CFO 52

VCFO

NOVEMBER 7, 2023

It entails a deep dive into many facets of operations including the status of contracts, customer concentration risk, the ability to deliver services, and other expense drivers. Seasonality in revenue can be challenging if not accounted for and explained properly in the report. A QoE goes well beyond the scope of an audit.

Valuation 86

Valuation Auditing Concentration CFO 86

Future CFO

JULY 17, 2023

A recent survey report from PwC and GTreasury, Treasurers: The First Line of Defense for Economic Disruption , offers the most current insight into how treasury teams and the office of the CFO are approaching volatility. This article discusses some of the key takeaways from that report. 2) Utilise advanced liquidity management techniques.

Treasury 98

Treasury Forecasting Cash Management Concentration 98

The Finance Weekly

FEBRUARY 22, 2023

This includes raising capital, managing cash flow, accurately accounting for business activity, and forecasting future performance. However, they usually lack a strong financial background, and it's essential to have effective finance and accounting support for a business to thrive.

Startups 52

Startups Finance CFO Forecasting 52

CFO News Room

JANUARY 31, 2023

I have come to think of it in terms of concentric circles, each smaller than, and fully contained in, the larger category. Capitalism, however, also creates concentrations of economic power because of the ability of successful investors and entrepreneurs to gather large amounts of wealth.

Concentration 130

Concentration Economics Marketing Currencies 130

CFO Simplified

JUNE 13, 2022

Strategic planning, Human Resources, Product Development, Sales, Marketing, Customer Service, Accounting and Finance, IT – and that’s not all. . You can concentrate on product development, marketing, finance or sales. appeared first on CFO Simplified. I own a business, and I’m stuck doing things to grow and develop my business.”

Concentration 52

Concentration Strategic Planning Education CFO 52

The Charity CFO

FEBRUARY 8, 2023

Typically, nonprofits use accrual accounting , which recognizes revenue when it is earned instead of when the cash is received, and vice versa for expenses. A decrease in a current asset, such as accounts receivable, means that customers paid their bills to you, and you have earned cash. Let’s explain how this works.

Nonprofit 52

Nonprofit CFO Accounts Payable Concentration 52

The Finance Weekly

AUGUST 5, 2023

Your Future in FP&A: Navigating the Varied Career Paths Typically, , Financial Planning and Analysis are integral parts of a comprehensive financial management system, which also includes accounting, revenue and cash flow management , governance, risk, and compliance (GRC), along with other core financial processes.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Financial Analysis Forecasting Budgeting 52

Future CFO

OCTOBER 27, 2021

There are five key priorities that CFOs must consider while navigating the post-pandemic business landscape, said Tricor Group and FutureCFO when releasing recently results of a survey of 600 CFOs worldwide. Outsource processes to third-party partners that deliver economies of scale, efficiently process data and tap digital talent.

CFO 52

CFO Compliance Concentration Auditing 52

Generation CFO

DECEMBER 20, 2021

I started my career as an accountant in industry in the 1990s, and, at this time, we were very much of the ‘last-year + % salary increase’ brigade. If we go back a few years, HR was very much concentrated on getting payroll correct. The post Make HR your BFF for Financial Workforce Planning appeared first on Generation CFO.

Planning 131

Planning Benchmarking Budgeting Concentration 131

CFO News Room

DECEMBER 16, 2021

The gain was concentrated in the Pandemic Unemployment Assistance program and the Pandemic Emergency UC program, which accounted for 93,338 of the 107,674. Continuing claims in all federal programs totaled just 498,040 for the week ending November 27, an increase of 107,674 (see second chart).

Concentration 130

Concentration Economics Numbers Investments 130

CFO Share

MARCH 14, 2022

Audited financial statements focus on compliance with GAAP accounting standards, whereas Quality of Earnings reports focus on the company’s earnings history and potential. Significant and/or unusual accounting policies such as: Changes in accounting methods. Changes in accounting principles. appeared first on CFOShare.

Auditing 52

Auditing GAAP Accounting Principles Profit and Loss 52

PYMNTS

FEBRUARY 5, 2020

In finance, accounting is everything. Accounting for everything, especially when it comes to credit — in other words, taking stock and measure of where lending activities have been concentrated, where risk is and where losses may loom — is as much art as science. billon, American Express by $2.7 Peeking Under the CECL Hood.

Banking 56

Banking Forecasting CFO Concentration 56

Future CFO

OCTOBER 2, 2023

Private fund firms are now putting idle cash to work in money market funds (MMFs), which has the dual benefit of earning a yield from cash holdings in addition to mitigating concentration risk. Money market funds are “particularly attractive” as they generate yield on idle cash and are highly liquid, according to Quinn.

Cash Management 52

Cash Management Marketing Treasury Concentration 52

CFO News Room

JANUARY 29, 2023

The Washington Post gives a good account — unpaywalled, kudos — of the reasoning behind the CR Box and how to build one: The box uses four common household air filters for the sides — the kind you use for a home HVAC system — a 20-inch fan on top, cardboard, scissors, and duct tape to hold it all together.

Concentration 130

Concentration Construction Economics Invoicing 130

Future CFO

FEBRUARY 18, 2024

Editor’s note: ”A Day in the Life" is a series of interviews with finance leaders and business leaders that aims to inspire FutureCFO’s audiences comprising senior finance and business executives as well as aspiring finance and accounting professionals. My most exciting CFO interactions are with CFOs as clients.

Risk Management 52

Risk Management Concentration Finance Leadership 52

CFO News Room

DECEMBER 28, 2022

Innovation and exchange can be frustratingly uninspiring, particularly given that there are concentrated, vivid costs (in the form of lost jobs and struggling communities) and benefits dispersed across millions of people who might not even notice. Once we account for all the effects, it’s pretty clear the move is a net win for the world.

Economics 130

Economics Concentration Accounting Finance 130

PYMNTS

JULY 13, 2020

Telehealth in its various forms is where much of the post-pandemic action is concentrated. As much as is being poured into retail healthcare, possibly more investment and innovation are concentrated on the prescription-drug market, a sector that’s forecast to hit nearly $360 billion in 2020. COVID-19 Is Taking Telehealth Mainstream.

Healthcare 87

Healthcare Concentration Startups Retail 87

The Finance Weekly

JULY 7, 2022

The never ending game of juggling risk management and increased transparency, all while continuing to lead the finance team and conduct day to day activities, has made the job of a CFO more demanding and complex. 1) Increased Cybersecurity Risks. The second step is choosing the right service. 3) Enhanced reporting disclosure risks.

Risk Management 52

Risk Management CFO Concentration Securities 52

VCFO

NOVEMBER 4, 2022

This article was co-authored by Ashford Chancelor , Dallas Practice Manager & Consulting CFO with vcfo, and Paul Hagerty , Sr. Accounts Receivables, however, often include a mix of relatively liquid and illiquid assets depending on payment terms, agreements, and other factors. What a time to be alive and in business.

Concentration 77

Concentration CFO Strategic Planning Practice Management 77

CFO News Room

JANUARY 10, 2023

Russian influence operations on Twitter in the 2016 presidential election reached relatively few users, most of whom were highly partisan Republicans, and the Russian accounts had no measurable impact in changing minds or influencing voter behavior, according to a study out this morning. Not yet.” • No mechanism yet.

Concentration 130

Concentration Education Healthcare Budgeting 130

Future CFO

AUGUST 18, 2023

In the finance function, basic accounting processes like accounts payable, payroll and purchasing are often allocated under the shared services model. This allows the organisation’s core finance and accounting (F&A) operations to concentrate on more strategic work, such as financial analysis and planning. "We

Finance 52

Finance Communication Accounts Payable Invoicing 52

Future CFO

AUGUST 23, 2023

The report is based on a survey of 870 million consumers in the 50-to-70-year-old age bracket across 12 markets that collectively account for almost half of the world’s population, said BCG. Nevertheless, brand marketeers often ignore them, the firm added.

Concentration 52

Concentration Economics Investments Numbers 52

Future CFO

APRIL 22, 2024

According to a guidebook by software company Esker , after years of continuous change, adapting a more human-centric accounts payable approach is now a prerequisite for keeping a business competitive. This, of course, involves the adoption of technological advancements such as artificial intelligence within the team.

Finance 98

Finance Budgeting Accounts Payable Concentration 98

Future CFO

AUGUST 3, 2023

The Americas accounted for the largest share of VC investment with $42.9 Highlights of global VC investment: Q2’23 Global Corporate Venture Capital-participating investment was also slow in Q2’23, accounting for $39.7 Global first-time VC financing remained weak in H1’23, accounting for just $17.1 billion in Q1’23.

Investments 52

Investments Concentration Startups Education 52

Future CFO

DECEMBER 21, 2023

There is also the natural climate to take into account. Shorten your supply chains and avoid concentration in one geographic region. Keep your eye on news reports or business organisations which may circulate information about your clients: large turnover among staff and executives, or difficulties such as meeting their payroll.

Profit and Loss 52

Profit and Loss Concentration Benchmarking Invoicing 52

CFO Share

AUGUST 10, 2023

Is the business concentrated within one channel or product? Are my variances consistently high or unpredictable, indicating poor process control or cost accounting? Interpreting Net Income Net income is the bottom-line profit after accounting for all costs and expenses, including interest, taxes, and non-operating items.

Concentration 40

Concentration Budgeting Sales Accounting 40

CFO Simplified

SEPTEMBER 16, 2022

The checks were prepared by the trusted Accounting Clerk, who has been with the company for over 20 years and is the sister of the owner’s next-door neighbor. The owner, needing to move on to more pressing issues, quickly signs the checks and returns them to the Accounting Clerk for mailing. Does this scenario sound familiar?

Accounts Payable 52

Accounts Payable Invoicing Risk Management Accounting 52

CFO News Room

FEBRUARY 2, 2022

Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but it does not have legal tender status. Cryptocurrencies are sometimes exchanged for U.S.

Concentration 130

Concentration Investments Securities Currencies 130