The Charity CFO

APRIL 5, 2022

If you’re like many people, you probably think that there is a single set of accounting rules that every company must follow. . But that’s not quite true—nonprofits face a decision between 2 different accounting methods for tracking their financial activity: cash accounting vs. accrual accounting.

Nonprofit 86

Nonprofit Accounting GAAP Auditing 86

Bramasol

JUNE 10, 2022

One important side effect of the ongoing trend toward globalization is the need to comply with a range of different accounting principles as well as with disparate reporting and compliance mandates. Parallel Ledgers - in which multiple ledgers are used, with an accounting principle applied to each ledger.

Accounting Principles 90

Accounting Principles IFRS Accounting SAP 90

Future CFO

DECEMBER 4, 2024

Beyond technical expertise In terms of taking on essential skills beyond just technical expertise, Wong says becoming a standout finance leader definitely takes more than just mastering the numbers. Wong says the ability to connect financial insights to the broader business landscape is crucial. “A

Finance 98

Finance Leadership Problem Solving Benchmarking 98

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. They’re not very good at mathematics or dealing with numbers in general.

Accounting 95

Accounting Finance Auditing IFRS 95

CFO Talks

NOVEMBER 29, 2024

This early encouragement played a key role in shaping my future, as it introduced me to the world of business and numbers. I quickly realised I had a natural affinity for finance and enjoyed working through financial problems. What key skills should a newly qualified accountant develop on their path to becoming a CFO?

CFO 95

CFO Auditing Leadership Finance 95

Global Finance

JUNE 9, 2025

Innovations In Finance Globally From Latin America Best-in-Class Payroll Onboarding Process| BANAMEX To eliminate manual tasks, data errors, and cumbersome processes, Banamex introduced Remote Account Opening Payroll, which connects employees with their employers through a fully digital self-service onboarding process.

Compliance 59

Compliance Banking Economics Leverage 59

The CFO College

AUGUST 31, 2021

If company owners don’t have a realistic view of their financials and are not set up for capital raising, reports, and tax prep, their dream may fade away before they ever get a chance to open their doors. As an accountant or bookkeeper, you can help prevent startups from going under or losing profitability. And much more.

Startups 81

Startups Accounting General Ledger Forecasting 81

CFO Talks

JUNE 3, 2025

The CFO is not just the gatekeeper of financial data. But it is your self-awareness, your ability to understand and lead yourself, that keeps you there and earns you influence beyond the numbers. Put simply, when you are self-aware, you are not only reading the numbers. Maybe it is accountability. High standards.

Forecasting 52

Forecasting Leadership CFO Numbers 52

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 71

Accounting Corporate Finance Accounting Firms Financial Data 71

CFO Talks

FEBRUARY 25, 2025

IFRS provides a universal financial language, ensuring that businesses across the world speak the same accounting dialect. Being IFRS-compliant means that a company follows a set of internationally recognised accounting rules when preparing its financial statements. But what does it really mean to be IFRS-compliant?

IFRS 52

IFRS Financial Reporting Compliance Accounting Standards 52

PYMNTS

MARCH 19, 2020

Automation in small business accounting can certainly be beneficial, but when a cloud-based accounting platform remains within the confines of its own interface, there can be unexpected friction that prevents business owners from gaining real-time financial insights. Elevating Functionality. Siloed Platforms.

Accounting 62

Accounting Invoicing Accounts Payable Financial Data 62

The Finance Weekly

FEBRUARY 23, 2025

Budget approval ensures financial stability, prevents unnecessary expenses, and keeps projects on schedule. Present financial data with clear charts for faster decision-making. Provide business context to support data-driven discussions. Why this matters: Improves expense tracking and financial forecasting.

Financial Planning and Analysis (FP&A) 52

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

CFO Talks

APRIL 17, 2025

As the role of the finance leader evolves beyond compliance and control, strategic decision-making increasingly relies on the intelligent use of data. But not just any data. Its the quality, relevance, and timing of information that separates high-performing finance functions from reactive number-crunching.

CFO 52

CFO Compliance Finance Currencies 52

CFO Talks

JUNE 18, 2025

When there are compliance risks, cash flow problems, or gaps in accountability, bringing control into a smaller, more focused team can help create order and reduce risk. Giving them control over budgets, hiring, pricing, and strategy makes them more accountable and more motivated. It is about giving others the tools to decide well.

CFO 52

CFO Finance Leadership Accounting 52

Future CFO

MAY 11, 2025

While no two days are exactly the same, the constant in my day is this: a drive to connect - to connect numbers to purpose, strategies to success, and people to their fullest potential. Nguyn Trung Ngn Transfer pricing audits are not just about reviewing numbers on a page.

Leadership 98

Leadership Auditing Education CFO 98

https://trustedcfosolutions.com/feed/

FEBRUARY 18, 2022

It used to be the domain of a relatively small number of wealthy families. As families continue to increase their wealth, family offices continue to grow and need to be able to organize and centralize the family’s business and personal financial affairs. Choosing the right accounting software is important.

GAAP 116

GAAP IFRS Compliance Accounting 116

PYMNTS

APRIL 8, 2019

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. Cloud Accounting, Data Sharing. be them physical or digital.

Profit and Loss 111

Profit and Loss Accounting Financial Data Sales 111

CFO Talks

MARCH 5, 2025

To make sure everything aligns: Set up strong internal processes Have a clear system in place for collecting and verifying financial data. Some useful tools include: ERP (Enterprise Resource Planning) systems These systems (such as SAP, Oracle, or Sage) help track financial transactions and automate reporting.

IFRS 52

IFRS Auditing Compliance Financial Data 52

PYMNTS

FEBRUARY 14, 2017

According to SaaSOptics CEO Tim McCormick, many of these companies begin using QuickBooks when they’re still in startup phase, then scale to more sophisticated, integrated accounting solutions. “They need a much more fine-grained view of the health of their businesses from a number of different perspectives.”

Financial Data 53

Financial Data Forecasting B2B Auditing 53

PYMNTS

JANUARY 22, 2020

In the simplest terms, the data laws place parameters around the collection and use of data that springs from a staggeringly large market – as many as 560 million individuals, if we count the number of people who have internet access in India. Also, the aggregator may not store data tied to the customer, such as passwords.

Accounting 52

Accounting Banking Education Numbers 52

Spreadym

JUNE 13, 2023

The chart of accounts is a systematic listing of all the financial accounts used by an organization. It serves as a framework for organizing and classifying financial transactions, providing a standardized structure for recording and reporting financial information. Here's how it typically functions.

Accounting 52

Accounting Financial Analysis Compliance Financial Reporting 52

CFO Share

NOVEMBER 18, 2023

To most small business owners, accounting best practices feel like an annoyance and distraction. However, common mistakes can create an accounting mess and impede growth. Delayed Month Close: The Pitfall of Outdated Information Mistake : Allowing late publication of monthly financial statements.

Accounting 52

Accounting Profit and Loss Financial Data Compliance 52

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 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

Future CFO

NOVEMBER 17, 2022

When it comes to cashflow visibility, under 4% of the 1,483 business leaders and finance and accounting executives from different countries report complete confidence, said Blackline recently. According to survey results, C-suite and finance and accounting respondents see that the three biggest challenges facing them in the coming year are:

Finance 96

Finance Financial Data Economics Budgeting 96

PYMNTS

JULY 5, 2017

For a chief financial officer (CFO), having technology — from ERP systems to cloud accounting and cash forecasting tools — has become paramount when deploying a successful growth strategy. But Born said the human element is the key that’s often missing in these innovations to corporate financial reporting.

Financial Data 52

Financial Data Financial Reporting Auditing CFO 52

PYMNTS

SEPTEMBER 9, 2019

Accountants and bookkeepers have a new reality with their small business clients: machines can do number-crunching and calculations, and these professionals are now forced to examine how to elevate their role with SMBs to continue to provide value. The Artificial Intelligence ‘Hype’.

Accounting 57

Accounting Technology Financial Data Numbers 57

Future CFO

DECEMBER 9, 2019

BlackLine commissioned independent global research firm Censuswide to survey over 760 institutional investors across the world , which included 100 Singapore institutional investors, to establish their attitudes to financial risk, due diligence and reporting.

Accounting 52

Accounting Financial Data Investments Compliance 52

PYMNTS

MARCH 30, 2018

“On March 25, the MyFitnessPal team became aware that an unauthorized party acquired data associated with MyFitnessPal user accounts in late February 2018,” the company wrote in a statement. The stolen data includes account usernames, email addresses and scrambled passwords for the MyFitnessPal mobile app and website.

Accounting 49

Accounting Financial Data Securities Numbers 49

PYMNTS

NOVEMBER 23, 2020

There’s no shortage of consulting advice and press clippings that will state the importance of actionable data for companies as a selling, operational and marketing strategy. Big data, it used to be called. Last week, the Department of Justice gave the green light to Mastercard’s $825 million acquisition of data aggregator Finicity.

Banking 117

Banking Financial Data Nonprofit Education 117

CFO Talks

MAY 27, 2025

The CFOs New Mandate: Scott Farrell’s take on Emotional Intelligence, Leadership, and Judgement in a Complex World The role of the CFO is evolving faster than ever, and its no longer just about numbers. A lack of fundamental technical skills, such as journal entries and T-accounts. Scott Farrell: Thank you, Leana.

Leadership 52

Leadership CFO Finance Communication 52

Centage

SEPTEMBER 14, 2021

When it comes to business budgeting and planning, traditional spreadsheets are labor-intensive, prone to errors, and static, so it can be difficult to get a clear view on your current and future financial position. With the fast pace of business change, CFOs need accurate financial information to make informed decisions on the fly.

Budgeting 96

Budgeting General Ledger Data Analysis Financial Data 96

CFO Plans

JUNE 14, 2024

In today’s AI-powered business environment, accounting is no longer just about crunching numbers. It’s about leveraging financial insights to drive strategic decisions and elevate your business to new heights. Discover how our strategic accounting services can embolden your financial strategy and risk management.

Accounting 52

Accounting Manufacturing CFO Tax Planning 52

PYMNTS

JANUARY 3, 2021

T-Mobile has told some customers of a “security incident” in which a malicious party “may have impacted some of your T-Mobile account information.”.

Securities 85

Securities Financial Data Numbers Accounting 85

CFO Talks

JANUARY 8, 2025

If someone struggles with presenting financial data, offer tips, resources, or even a mentor to help them improve. Expose the Team to Broader Perspectives A finance team can sometimes operate in a silo, focusing solely on numbers. Breaking out of this bubble is critical for growth.

Finance 52

Finance Budgeting Problem Solving Accounts Payable 52

CFO Network

SEPTEMBER 9, 2022

The nightmare for accountants and businesses alike is a growing issue. The financial data, in particular, makes it a prime target to hackers who want your information- whether you’re an individual or a company! Why Accounting cyberattacks are on the rise, and what you can do about it. Know Your Threats.

Securities 52

Securities Accounting Accounting Standards CFO 52

Future CFO

JULY 21, 2024

Given the advent of artificial intelligence and machine learning, the accounting profession faces challenges in talent as it continues to navigate its way around digitisation and shifts in the market. Now, beyond interpreting financial data, we’re now also embracing sustainability reporting and assurance – a rapidly growing field."

Finance 104

Finance Accounting Principles Problem Solving Accounting 104

PYMNTS

JUNE 26, 2020

This challenge exists for professionals across the back office, but in business accounting, the lack of data integration and accuracy mean finance experts are spending valuable time correcting information and moving numbers from one platform to another. All of these things require reliable data in real time.”

Accounting 52

Accounting Cash Flow Forecasting Invoicing Prioritization 52