PYMNTS

NOVEMBER 26, 2018

It’s common sense that a corporation would want its C-Suite to have some knowledge of accounting practices, and one could assume that a lack of understanding of corporate accounting may heighten the risk for misstatements on financial reports.

Financial Reporting

PYMNTS

SEPTEMBER 24, 2018

A research firm has discovered that the number of material accounting mistakes made by U.S. listed companies since 2005, finding firms that had to reissue their financials due to errors. For many, the mistakes were discovered when corporate finance teams were changing accounting paperwork to comply with the new U.S.

Numbers

PYMNTS

MARCH 6, 2019

Corporate accounting standards are changing, with the Financial Accounting Standards Board adopting new standards in ways companies report on leases, hedging and other financial activity. Last October, the U.S. Transparency Initiatives Falling Short?

Corporate Finance

Generation CFO

JANUARY 5, 2022

Like many finance leaders, Aidana Zhakupbekova, VP Finance at HousingAnywhere , the largest European mid to long-term rental accommodation platform, has worked across accounting, credit control and FB&A spheres. . Start-ups typically don’t start with strategic finance and focus more on operational finance,” she explains.

Finance

CFO Leadership

OCTOBER 10, 2023

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. However, they still have a place in corporate finance and accounting.

Accounting

PYMNTS

OCTOBER 9, 2018

Banks and businesses alike are heading toward the 11th hour of changes in accounting standards, which will have a major impact on how companies report financial metrics and performance. Experts say the move will not go unnoticed when the accounting standards begin to take effect for public companies in 2021.

Accounting Standards

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.

Financial Planning and Analysis (FP&A)

PYMNTS

JANUARY 9, 2019

One way this shift has materialized is in how small businesses seek and hire financial professionals to join their companies. In a 2017 report from job hunting site Indeed , researchers found that “small business accountant” was nowhere to be found in the top-10 job positions sought after by most small business employers.

Accounting

PYMNTS

NOVEMBER 5, 2018

s Financial Reporting Council is reportedly stepping down from the position amid continued scrutiny that the FRC lacks effectiveness to prevent corporate accounting scandals and industry failures. Reports in Reuters on Friday (Nov. The head of the U.K.’s Sir John Kingman, a civil servant asked by U.K.

Financial Reporting

PYMNTS

JULY 2, 2018

Financial Reporting Council’s Financial Reporting Lab has released a new report on the potential applications of blockchain in the corporate accounting space. According to reports, the group is taking a cautious approach to the technology.

Financial Reporting

PYMNTS

APRIL 10, 2020

Financial technology innovation has opened the doors to massive transformation of corporate finance departments. While flashy corporate FinTech is exciting, innovation efforts have rarely focused on a mainstay of corporate finance teams: the financial close process, a crucial, but continually outdated function.

Corporate Finance

PYMNTS

JUNE 11, 2020

With market volatility and economic pressure higher than it has been in more than a decade, the ways businesses manage and account for their money is inevitably included in that wave of operational change. That means significant implications for the ways accountants and auditors operate both within an enterprise and externally from it.

Accounting

Future CFO

APRIL 1, 2021

Although new time-saving cloud-based financial reporting platforms were a relatively low priority for organisations pre-pandemic, interest in agility and the potential continuation of remote working — including the control and oversight process —are bringing about renewed consideration of these systems, the institute noted.

Financial Reporting

Global Finance

AUGUST 6, 2024

As GIX waits for regulatory approval, Labovitz is mapping out a future where saving the planet is thought of as a savvy corporate finance strategy. The following interview is edited for length and clarity: Global Finance : Who’s expressing interest in GIX and why? GF: How does GIX hold companies accountable?

Marketing

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. He pointed to financial reporting as one example of this shift.

Cash Flow Forecasting

CFO News Room

DECEMBER 16, 2022

Financial managers are responsible for developing long-term financial plans, directing investment activities, and generating financial reports for their company. They may work in various industries, such as investment firms, accounting firms, banks, or the government. Senior Accountants. Insurance Advisor.

Finance

PYMNTS

DECEMBER 7, 2018

food commercial director, were accused by the SFO of manipulating financial reports to overstate profits. Both have denied the charges, which included allegations that they were aware of internal efforts to make it appear as if Tesco had been more financially healthy than it actually was. .”

Accounting

PYMNTS

OCTOBER 11, 2018

Corporates are gearing up to manage a whole slew of accounting standards changes in the coming years, but one of the more immediate effects involves how leases are recorded on financial statements. Reports also said that there may be no financial benefit to the changes.

Accounting

CFO Leadership

OCTOBER 18, 2023

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. However, they still have a place in corporate finance and accounting.

Accounting

Future CFO

JANUARY 26, 2023

He will be responsible for the financial and capital management of Fraser Property’s three trusts and report to Eric Gan, the company’s previous CFO who has been promoted to become CEO of the group’s three trusts. Liu has more than 15 years of experience in audit, accounting, corporate finance, tax, treasury and capital management.

CFO

Future CFO

MAY 1, 2024

As the person responsible for preparing an organisation’s financial reports, which include balance sheets and income statements, the role of a finance controller is anything but ordinary.

Leadership

Future CFO

SEPTEMBER 7, 2022

The finance profession will see new roles created out of sustainability needs, said the Institute of Singapore Chartered Accountants (ISCA) recently. The findings show that executives in the accountancy and finance profession play a critical role in integrating sustainability into businesses, said ISCA President Teo Ser Luck.

Finance

PYMNTS

OCTOBER 29, 2018

This is especially true in finance-related functions like accounting, procurement, payroll and treasury, and a new survey from Workday suggests chief financial officers are recognizing the opportunities in a more collaborative approach to their positions.

CFO

Future CFO

SEPTEMBER 3, 2019

Singapore-listed Boustead Singapore Limited recently re-designated the title of its director of group finance Chan Shiok Faun to Group CFO. Aged 57, she will be responsible for the group’s financial functions including accounting, financial and management reporting, taxation, internal controls, and risk management.

Corporate Finance

The Finance Weekly

JULY 19, 2022

FP&A teams are responsible for a variety of activities, including periodic financial close and consolidations, strategic and annual planning, monthly forecasting, cash flow forecasting, financial reporting, financial modeling, and what-if scenario planning and analysis. Strategic financial planning.

Financial Planning and Analysis (FP&A)

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. The Certified Financial Officer (SA) designation offered by CIBA provides a comprehensive competency framework to guide this transition.

CFO

Future CFO

MARCH 1, 2023

Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporate finance function manages its strategy, processes, internal controls, and financial reporting. They also help to ensure accountability and alignment across the organisation.

Finance

CFO Talks

JUNE 7, 2022

Steward Role & Competencies: Accounting, control, risk management and asset preservation are the proficiencies of the Steward. The Steward must ensure company compliance with financial reporting and control requirements. Accounting knowledge (IFRS and taxation). External financial and regulatory reporting knowledge.

CFO

PYMNTS

MARCH 16, 2016

“We are pleased to be the first to use this new platform jointly developed by Deutsche Bank and Bank of China,” said Bosch Head of Corporate Finance and Regional Treasury for APAC Christian Zeidler in a statement. Deutsche Bank has been operating across Asia for 30 years, according to reports.

Cash Management

PYMNTS

SEPTEMBER 17, 2020

That's particularly true for finance teams like accounts payable , accounting or payroll. We're just used to paper reports in our hands," Wood told PYMNTS in an interview. Yet even with the pandemic highlighting the importance of digitization, paper still sticks around, according to Jesse Wood , CEO of eFileCabinet.

Accounts Payable

PYMNTS

APRIL 19, 2017

Nearly half of survey respondents (47 percent) said they have no budget for new tools like accounting, finance or reporting software this year. Workiva also noted that the majority (62 percent) said they aren’t using cloud-based accounting solutions whatsoever.

Forecasting

The Finance Weekly

APRIL 1, 2023

Alvin Lobo | Skillz , Alvin Lobo , who successfully led Score Media and Gaming through an IPO as their CFO, has been appointed the Finance Chief for Skillz - a mobile games platform. Prior to that, she served as the CFO of ByHeart, a baby nutrition company, and held several finance leadership roles at Dove, Chobani, and Talenti.

CFO

PYMNTS

NOVEMBER 13, 2018

Reports in Reuters on Sunday (November 11) said the U.K. Parliament will commence an inquiry into the nation’s corporate auditing market, which is currently dominated by the Big Four accounting firms Deloitte, PwC, EY and KPMG, adding new pressure on an industry already being probed by other policymakers.

Auditing

PYMNTS

AUGUST 21, 2018

auditing giant KPMG was hit with yet another fine from the nation’s Financial Reporting Council (FRC). Reports in Bloomberg said KPMG was hit with $2.7 Press relations for KPMG noted that the firm’s auditing on Ted Baker financial statements was not questioned by the FRC. government.

Auditing

PYMNTS

FEBRUARY 5, 2018

.” Increasingly, MSPs are tasked with handling more financial data as well, from sources like invoices and payments of their customers. That, too, is a challenge for any business: EY research published in 2015 found that the biggest financial reporting challenges for CFOs is a lack of integration between IT systems.

Finance

CFO Talks

MARCH 14, 2024

The position of Chief Financial Officer has evolved significantly over the past few decades. No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making. Delegation and Empowerment: No CFO can do it all alone.

Prioritization

Barry Ritholtz

JUNE 20, 2023

How do you go from that to being a financial columnist? GRETCHEN MORGENSON, SENIOR FINANCIAL REPORTER, NBC NEWS INVESTIGATIVE UNIT: Okay. He was a corporate finance person. MORGENSON: Flat tax, he was also for medical savings accounts and health savings accounts. I was a secretary. RITHOLTZ: Right.

Healthcare