article thumbnail

Cash in times of crises: Lessons from 2020-2022

Future CFO

Having an experienced succession of crises since the beginning of 2020, FutureCFO asked two finance leaders their views on the challenges facing treasury and cash management during the pandemic and coming out of it. What is the biggest change to the Treasury and Cash Management (TCM) function brought about by the pandemic?

article thumbnail

Accountants Say UK Bank Referral Scheme A ‘Waste Of Money’

PYMNTS

accountancy group specializing in providing advisory services to small and medium-sized businesses (SMBs). Reports in Accountancy Daily on Monday (April 29) said the Corporate Finance Network is calling on U.K. In a statement at the time, Treasury Economic Secretary John Glen described these figures as a success.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What to Know About the Corporate Transparency Act

CFO Simplified

accounting firms, SEC registered businesses, insurance companies, and publicly traded corporations). We anticipate that the US Department of Treasury will appeal to the US Court of Appeals for the 11th Circuit. There are several exemptions to these new reporting requirements, including an exemption for operating businesses (i.e.,

article thumbnail

What to Know About the Corporate Transparency Act

CFO Simplified

accounting firms, SEC registered businesses, insurance companies, and publicly traded corporations). We anticipate that the US Department of Treasury will appeal to the US Court of Appeals for the 11th Circuit. There are several exemptions to these new reporting requirements, including an exemption for operating businesses (i.e.,

article thumbnail

RBS Chief: Lack Of Regulation Allowed Bank’s SMB Mistreatment

PYMNTS

regulators to introduce stricter small business (SMB) lending regulations, claiming that lax regulatory oversight is what allowed RBS to avoid punishment after a watchdog found the financial institution (FI) had unfairly treated small business customers of its Global Restructuring Group (GRG). According to City A.M. reports on Tuesday (Oct.

article thumbnail

50 Shades of FP&A Maturity

Fpanda Club

That is the reason why many finance and FP&A leaders are taking the steps to transform their functions: restructure processes, upgrade systems and tools, develop teams. Reporting, planning and forecasting exercises are highly manual, require significant efforts and are based on standard general ledger information.

Budgeting 130
article thumbnail

Why the old-school CFO’s days are numbered

Future CFO

The numbers don’t lie -- or so the saying goes – but they rarely tell the whole story either, just like how the Chief Financial Officer (CFO) encompasses more than just finance and accounting. Historically, the CFO has been a largely invisible figure – often risk-averse and narrowly focused on accounting, assets, liabilities and returns.

Numbers 52