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

PYMNTS

OCTOBER 31, 2016

Mobile devices will account for 75 percent of global internet use next year, according to Zenith’s new Mobile Advertising Forecasts, published last week. Mobile internet accounts for the highest proportion of total internet use in Spain, where the firm estimates it will account for 85 percent of internet use in 2016.

Accounting 76

Accounting Concentration Forecasting Advertising 76

Barry Ritholtz

DECEMBER 30, 2023

When you have a momentum market [like now] and you have five companies that take their 25% of the index, a professional manager gets nervous by that type of concentration, say the S&P 500. The day Tesla was added to the S&P 500, it became a much riskier investment based on volatility and concentration.

Concentration 52

Concentration Restructuring Leadership Investments 52

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

E78 Partners

JANUARY 5, 2024

Audits are an essential part of ensuring that a company’s financial statements are accurate and compliant with accounting standards. Create an Audit Readiness Team: Identify an audit readiness team and assign responsibilities to ensure accountability. Here are some key steps to get ready for an audit post acquisition.

Auditing 59

Auditing Valuation Concentration Reconciliations 59

PYMNTS

JUNE 6, 2018

based bank accounts and receive payments by the same means. That bank will manage funds to be disbursed before those funds are given over — “pushed,” in fact — to individual accounts through Faster Payments. The firms said that only a very small number of accounts in the U.K. less than 0.1 less than 0.1 The first U.K.-based

Accounting 55

Accounting Banking Concentration B2B 55

PYMNTS

MARCH 13, 2018

The IFIAR found accounting lapses in about 40 percent of the 918 audits of public companies inspected in 2017. The inspections targeted businesses with complex accounting needs or those with risky situations, like merger and acquisition activity. Among those failures: Carillion , the now-defunct U.K. In the U.K.

Auditing 44

Auditing Accounting Concentration B2B 44

Barry Ritholtz

JULY 8, 2023

When you have a momentum market [like now] and you have five companies that take their 25% of the index, a professional manager gets nervous by that type of concentration, say the S&P 500. The day Tesla was added to the S&P 500, it became a much riskier investment based on volatility and concentration.

Concentration 64

Concentration Restructuring Leadership Investments 64

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

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

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

Barry Ritholtz

AUGUST 26, 2022

My examples of overpriced, low-performing, abusive account management have been derided as outliers. As often happens in these circumstances, the ex-employee’s book gets divided up among the remaining brokers, whose jobs that weekend becomes retaining those accounts and their assets.

Concentration 141

Concentration Benchmarking Investments Accounting 141

The Finance Weekly

APRIL 21, 2024

CFOs rely on robust finance and accounting expertise, backed by years of experience, to boost the organization's financial health. In their capacity, CFOs usually: Engage with departments such as accounting, customer service, and finance. Address accounting and finance issues. Compile quarterly and annual tax returns.

CFO 52

CFO Budgeting Auditing Accounting Principles 52

Barry Ritholtz

JANUARY 24, 2024

One of the most popular innovations of the past 50 years has been the tax-qualified account. They maximize their tax-advantaged accounts. What about your taxable accounts? For the typical non-tax deferred account that maybe consists of a dozen mutual funds and ETFs, what does tax loss harvesting look like there?

Concentration 94

Concentration Investments Accounting Marketing 94

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. Signs and Symptoms The signs and symptoms of burnout can manifest both physically and mentally.

Nonprofit 52

Nonprofit Budgeting Concentration CFO 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

Nerd's Eye View

DECEMBER 15, 2023

Also in industry news this week: Most businesses that operate in the U.S.,

Concentration 90

Concentration Practice Management Treasury Numbers 90

Generation CFO

JANUARY 28, 2022

Football was such an alpha male world and over time that became an adapted part of my DNA, but when I entered the accounting world I quickly realised I had to unlearn that behaviour once again in order to adapt,” says James. By the time he was hired into larger organisations he felt he was a bit of an outsider.

CFO 200

CFO Math Concentration Finance 200

PYMNTS

NOVEMBER 20, 2020

Rolex accounts for 40 percent of luxury watch sales on eBay. Consistent payments between buyers and sellers enable merchants to concentrate on sales without needing particular payment acceptance capabilities. They also have the option to sell on the spot and receive cash for their items.

Concentration 98

Concentration Sales Accounting eCommerce 98

PYMNTS

SEPTEMBER 7, 2020

-based payments and accounting solution, to aid small and medium-sized enterprises (SMEs) in running their businesses more smoothly. Banking and accounting for U.K. Form3 CEO Michael Mueller said the partnership would enable exciting new things.

Concentration 66

Concentration Accounting Banking Finance 66

PYMNTS

FEBRUARY 23, 2020

customers with high-interest rates for savings accounts, and then lowering its group funding costs that way. However, the competitive landscape is still concentrated and the market could be upended by a player with more financial pull and lending power. bank Goldman Sachs launched a digital bank called Marcus in the U.K.

Banking 102

Banking Concentration Securities Retail 102

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

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

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

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 Talks

MARCH 20, 2024

Think of a Controller as the head of getting day-to-day money matters right, like making sure every penny is accounted for and reports are spot-on. It involves trusting your team, delegating effectively, and concentrating on strategic financial planning. The CFO, however, looks at the bigger picture.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

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. I own a business, and I’m stuck doing things to grow and develop my business.” And that’s your key. . .

Concentration 52

Concentration Strategic Planning Education CFO 52

PYMNTS

JANUARY 11, 2021

Pilot Company CEO Shameek Konar said in the announcement that the company is concentrated on offerings that provide “savings, efficiency and convenience” to the fleets that it serves.

Concentration 54

Concentration Accounting Sales Transportation 54

PYMNTS

NOVEMBER 3, 2020

3) that it has completed its multimillion-dollar acquisition of CPS Payment Services , a B2B payments and accounts payable (AP) automation technology provider. Repay Holdings said on Tuesday (Nov.

Accounts Payable 56

Accounts Payable Reconciliations B2B Concentration 56

Future CFO

JULY 17, 2023

Treasurers should take leverage in-house banking, payments-on-behalf (POBO) and collections-on-behalf (COBO) models, and virtual accounts. Doing so reduces transaction costs and enables greater cash concentration, allowing treasurers to address disruptions and maximise investments more easily. 3) Enhance working capital management.

Treasury 98

Treasury Forecasting Cash Management Concentration 98

Future CFO

JULY 20, 2021

Most of these companies are concentrated in the Services sector on the B3N list, the firm added. The Consumer/Business Services sector continues to top the B3N List's sector weightings, accounting for 20.7%, with 43 of the 53 Services companies on the B3N list having private equity backing, Moody’s said.

Numbers 52

Numbers Concentration Accounting 52

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

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. Access Full Webinar. The development of financial workforce planning. The development of HR.

Planning 131

Planning Benchmarking Budgeting Concentration 131

PYMNTS

JUNE 22, 2020

bank accounts since the coronavirus first hit the U.S. First quarter deposit gains were concentrated at the top banks, including JPMorgan Chase, Bank of America and Citigroup, which grew faster than smaller firms, according to company data, CNBC reported. That means the stimulus is still in their accounts,” Moynihan said.

Banking 67

Banking Concentration Economics Accounting 67

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

PYMNTS

SEPTEMBER 1, 2020

However, cross-border payments could become ever more challenging as the network shrinks and becomes more concentrated across fragmented messaging formats, wires and domestic infrastructure. Getting correspondent bank accounts is the biggest challenge every payment service provider is facing.

Banking 123

Banking Concentration Economics Numbers 123

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