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FP&A’s Scope: What Is In And What Is Out?

Fpanda Club

Such tasks as reconciling accounts, monthly closing, preparing financial statements are part of the accounting cycle and are typically managed by accounting departments. This misunderstanding often leads them to make requests that are outside the FP&A scope, such as transactional accounting tasks or detailed data pulls.

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IndusInd Bank probing key management persons for "wrongful accounting practices"

CFO News

IndusInd Bank is investigating former key management personnel for potential accounting fraud, leading to a significant net loss of 2,328 crore in Q4 and a 71% drop in FY25 net profit. The probe revealed concealed wrongful practices and misleading information to the board and auditors.

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The Future of Finance and Sustainability with Elizabeth Burns

CFO Talks

Notably, she reversed a decade-long loss at Coca-Cola, doubled profits, and restructured major funding. Accountability is another key component. The AFE lays out clear lines of responsibility, documenting who approved what and ensuring departments are held accountable for financial decisions.

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Is Your Business Eligible for an SBA Loan? Learn More Now

CSC Advisors

Profitability While not all businesses applying for SBA loans must be highly profitable, they must demonstrate the ability to repay the loan. This reassures lenders that they have a way to recover losses in case of default. Pay down debt, address outstanding delinquencies, and ensure all accounts are in good standing.

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist. 📊 Profit & Loss and Balance Sheets decoded for max impact.

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Forecasting Future Fraud: Q&A With Joanne Horton Of Warwick Business School

Global Finance

Weve got what we think is a rather exciting model, which we describe in a working paper, that helps forecast in advance the likelihood that a firm will go on to commit accounting fraud. But mostwell, allof the research into accounting fraud has focused on detection rather than prevention. Joanne Horton: Yes.

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Cross-Listed Companies, Navigating International Reporting Standards 

CFO Talks

For example, while South African companies follow International Financial Reporting Standards (IFRS), the US requires compliance with its Generally Accepted Accounting Principles (GAAP). Missing a deadline isn’t just embarrassing; it can lead to penalties, delisting threats, or a loss of investor confidence.

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