Accounts Payable, Auditing and Education

The Biggest Challenge Facing Accounts Payable

CFO Share

JULY 19, 2023

The biggest challenges facing accounts payable are chaos, maintenance cost, and fraud. Bring order to Accounts Payable. An AP digital transformation centralizes all bill receipts into one inbox, eliminates paper and associated data “blackholes,” and maintains clear audit records of all activity.

Accounts Payable

Accounts Payable Accounting Auditing Education

Want to outsource your accounts payable? What to look for

CFO Share

MAY 31, 2023

Accounts payable is an annoyance at best, a disaster at worst. More and more businesses use accounts payable outsourcing as a solution to this problem. What to look for in an accounts payable company. Educate your team about fraud schemes. The post Want to outsource your accounts payable?

Accounts Payable

Accounts Payable Accounting Auditing Education

3 Types of Invoice Fraud and How to Prevent it

CFO Share

MARCH 2, 2023

Accounts payable is the most common source of fraud in a small business. Both internal accountants and external hackers target weak AP processes to steal money since it is the business process most vulnerable to fraud. What are some of the common fraud attempts in accounts payable?

Invoicing

Invoicing Accounts Payable Auditing Education

Webinars

Live Demo: How to Achieve Reconciliation Zen

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Managing Security Risks with Virtual Bookkeeping

CFO Share

APRIL 11, 2024

Reputable outsourced CFO firms adhere to best practices and technologies that elevate financial security, such as separation of duties, best-in-class password management, and continuous fraud education. Beyond security, there are other reasons “do it yourself accounting” hurts your business.

Securities

Securities CFO Education Auditing

Financial Oversight Guidelines for Nonprofit Boards

The Charity CFO

MAY 18, 2022

If your nonprofit requires an audit, the board should engage directly with the audit firm. Finally, the board should be aware of significant compliance requirements the nonprofit is subject to and ensure a system of accountability is in place. Review annual audit . Compliance.

Nonprofit

Nonprofit Auditing Compliance Budgeting

Financial Accounting Hierarchy - By JP Puchulu

Boston Startup CFO

APRIL 3, 2023

As a trailblazer exploring unknown territories, you must equip yourself with the appropriate knowledge and tools to make educated decisions that guide your enterprise towards success. Fortunately, we present you with a compass – a diagram that demystifies the functions of financial accounting.

Accounting

Accounting Accounting Principles GAAP Startups

Your Ultimate Finance Department Checklist

CFO Simplified

DECEMBER 26, 2021

From overworked staff accountants to controllers running month-end closes, a poorly structured finance, and accounting department can put strains on your business’ growth. Here’s a guide to set your accounting and finance department up for success as your business grows. Roles and Responsibilities. Bookkeeper.

Finance

Finance General Ledger CFO Auditing

Case Study: Financial Clarity with Modern Nonprofit Accounting Software

The Charity CFO

APRIL 25, 2024

As stated on their website, “Vermont Adult Learning’s mission is to create an innovative, inclusive, and equitable learning environment that provides personalized opportunities for education and career development for Vermont residents by building relationships, strengthening communities, and fostering lifelong learning.”

Nonprofit

Nonprofit Accounting CFO Auditing

Ancora On Streamlining AP Processes With Machine Learning

PYMNTS

AUGUST 21, 2019

The drive to eliminate paper in the accounts payable process, to cut the steps that lead to inefficiencies, continues to get a boost from technology. Legislation like the Sarbanes-Oxley Act and others have put pressure on companies to be able to show an auditable and measurable process in all their financial systems,” Flynn said.

Accounts Payable

Accounts Payable Invoicing Financial Systems Compliance

AP Fraud Is Alive And Well, APEX Warns

PYMNTS

AUGUST 24, 2017

More than half of accounts payable departments said they don’t partner closely with internal audit teams, while 82 percent have no connection to internal enterprise security teams. In general, he said, companies are aware of the risk of fraud in their accounts payable departments.

Accounts Payable

Accounts Payable Invoicing Benchmarking Auditing

Why Corporates Trip Over All The Moving Parts Of Inter-Company Transactions

PYMNTS

AUGUST 19, 2016

Inter-company accounting , says Deloitte, is suffering from a lack of transparency and accuracy, and Tom Toppen from Deloitte’s inter-company accounting team informed PYMNTS how the negative implications of this go beyond a troublesome audit. The Root Of The Problem.

Foreign Exchange

Foreign Exchange Auditing Treasury Accounts Payable

AI: Expense Fraud’s New BFF

PYMNTS

JANUARY 11, 2018

The problem with this strategy, however, is that the use of manual auditing solutions would force managers not only to review every single charge on every single expense report, but to somehow keep a record of each employee’s past offenses to identify when they repeat a mistake or commit fraud more than once. . ”

Auditing

Auditing Accounts Payable Benchmarking Education

AIs Impact on Corporate Finance

The Finance Weekly

JULY 31, 2023

Nicholas Boucher, a Finance Leader and Educator also participated in the webinar. His expertise spans financial analysis , budgeting, business partnering, financial storytelling, excel, and audit. Robotic Process Automation (RPA) has played a significant role in the automation of accounts payable processes, offering numerous benefits.

Corporate Finance

Corporate Finance Finance Leverage Accounts Payable

164: Johannes Seefried

CFO Talks

DECEMBER 26, 2021

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. CFO Talks is a brand of the South African Institute of Business Accountants.

CFO

CFO Construction Finance Education

165: Daniel Raubenheimer

CFO Talks

DECEMBER 26, 2021

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. CFO Talks is a brand of the South African Institute of Business Accountants. So a lot of it was leading back office finance for the company.

Manufacturing

Manufacturing CFO Budgeting IFRS

Corporate Finance Brief

The Biggest Challenge Facing Accounts Payable

Want to outsource your accounts payable? What to look for

Webinars

Trending Sources

3 Types of Invoice Fraud and How to Prevent it

Webinars

Managing Security Risks with Virtual Bookkeeping

Financial Oversight Guidelines for Nonprofit Boards

Financial Accounting Hierarchy - By JP Puchulu

Your Ultimate Finance Department Checklist

Case Study: Financial Clarity with Modern Nonprofit Accounting Software

Ancora On Streamlining AP Processes With Machine Learning

AP Fraud Is Alive And Well, APEX Warns

Why Corporates Trip Over All The Moving Parts Of Inter-Company Transactions

AI: Expense Fraud’s New BFF

AIs Impact on Corporate Finance

164: Johannes Seefried

165: Daniel Raubenheimer

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