CFO News Room

NOVEMBER 30, 2022

And yet, despite the prominent role of taxes in financial planning, advisors are often prohibited by their compliance departments from making recommendations for a specific course of action on a certain tax strategy. Affects how much can be saved to pre- and after-tax accounts ! Property and casualty insurance? Credit card rewards ?

Tax Planning 130

Tax Planning Compliance Planning Communication 130

BlueLight

JULY 16, 2020

In these conversations, I observed each finance leader had a different perspective and approach with their financial accounting partner. I caught up with Sandeep Shroff, Co-Founder and CEO of myStartUpCFO , an accounting firm that provides on-demand full-stack CFO services for startups. It’s a cause close to my heart?

Startups 52

Startups CFO Reconciliations General Ledger 52

PYMNTS

MARCH 16, 2017

With its start in the education and healthcare sectors, Flywire’s expansion into B2B payments isn’t far of a stretch for the company, which already supports high-value international payments like tuition or medical care costs. Meanwhile, each particular geographic market has its own set of regulations, geopolitical and compliance demands.

B2B 43

B2B Marketing Compliance Invoicing 43

PYMNTS

APRIL 12, 2016

Nonprofits can face greater pressure than their for-profit peers when it comes to compliance. Not only do they add an enhanced level of security and fraud protection to the accounts payable process, they also simplify processes and provide a mechanism for generating new forms of revenue to support the nonprofit mission.”.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

PYMNTS

DECEMBER 4, 2017

And the technology finally exists to make that happen; it simply takes some education to build awareness. He likened his firm to a bridge between the accounts payable and receivable worlds as it relates to credit card usage and acceptance. PARS for a New Course.

B2B 40

B2B Invoicing Reconciliations Accounts Payable 40

The Charity CFO

APRIL 25, 2024

For nonprofit organizations, accounting comes with a lot of complexity. Categorizing transactions, reporting income, and meeting compliance requirements can be overwhelming. About The Charity CFO The Charity CFO is an accounting firm specializing in serving nonprofits through outsourced accounting and fractional CFO services.

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

Spreadym

OCTOBER 20, 2023

A multi-currency account reporting refers to the financial reporting and tracking of transactions in multiple currencies within a single account or financial system. Here's how it works: Multiple Currency Support: In a multi-currency account, you can hold balances in different currencies simultaneously.

Currencies 52

Currencies Accounting Risk Management Compliance 52

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

Future CFO

APRIL 7, 2022

He comments that most accounting graduates have more exposure to Excel than finance-related software solutions through their college education), lethargy to pick up new technologies, and sometimes difficulty in getting approval for finance technology investment. Lee Chee Leong. banking fees).

Finance 98

Finance SAP Leadership Cash Management 98

The Finance Weekly

OCTOBER 13, 2021

Universities had to move to online learning when students were suddenly obliged to stay at home due to local health restrictions, while still providing them with a good educational experience. When a firm spends weeks reconciling accounts, closing the books, and reporting earnings to stakeholders, moving quickly is challenging.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52

PYMNTS

MAY 3, 2018

It’s what they’ve done before now in international education and healthcare payments (among many other verticals), and – through its partnership with Billtrust – it’s what they hope to bring to the $18.5 Unfortunately, “regulation and compliance issues alone could stymie businesses out of cross-border expansion,” Massaro said.

B2B 40

B2B Reconciliations Invoicing Currencies 40

CFO News Room

DECEMBER 28, 2022

includes a significant number of Roth-related changes (both involving Roth IRAs as well as Roth accounts in employer retirement plans), though notably, the legislation does not include any provisions that restrict or eliminate existing Roth strategies (e.g., In addition, SECURE 2.0 backdoor Roth conversions).

Planning 130

Planning Securities Accounting Tax Planning 130

Strategic Treasurer

MARCH 21, 2022

Data related to bank account management and reconciliation practices is also gathered for a more comprehensive view of how various treasury operations impact security. Bank Account Management, Reconciliation & Compliance Practices. Security Practices Employed (Both Human & Technological).

Treasury 52

Treasury Reconciliations Education Risk Management 52

PYMNTS

APRIL 17, 2018

These institutions have figured out how to remain compliant while navigating the risks of the cannabis market — which are vast, added Peterson, and account for why so many marijuana businesses remain unbanked. They need to run compliance. There is a whole lot of compliance that goes into being able to bank one of these customers.

Accounts Payable 40

Accounts Payable Compliance Banking Reconciliations 40