Global Finance

MARCH 2, 2025

Now, we know from the academic literature that three years before the fraud, they tend to beat earnings benchmarks. Horton: I think auditors, for sure, because they want to know their audit risk, especially if you are taking over from a previous auditor. I would have hoped the PCAOB looked at audit reports, but you still have failure.

Forecasting

CFO Dive

AUGUST 1, 2025

In its second quarter, the company’s revenue ticked down to $462 million, a 6% decrease year-over-year, but the company’s GAAP net income improved , hitting $29.9 million, compared to a $24.9 million loss in the year-earlier period, the company reported this week. million, according to the SEC filing. You can unsubscribe at anytime.

CFO

VCFO

NOVEMBER 1, 2023

Assessing Accounting For entities preparing GAAP compliant financial statements, adoption of Revenue Recognition Standard (ASC 606) and Lease Accounting Standard (ASC 842) is now mandatory. audited or reviewed financial statements). Reviewing the asset register and eliminating assets that have been scrapped.

Finance

Planful

AUGUST 1, 2017

You’re preparing for an IPO or external audit, which requires having rock-solid financial statements. According to a 2014 study by APQC benchmarking the financial close process, the bottom performers took 12 days or more to close and report their results to management. Multi-GAAP reporting (i.e., Intercompany reconciliations.

GAAP

The CFO College

APRIL 8, 2021

You’ll really want to delve into the pain points of business owners (saving money, reducing tax burden, and increasing bottom line), tax opportunities and planning, and GAAP accounting and solutions. You’ll also want to stay current on successful brands, along with trending operations, metrics, and benchmarking.

CFO

Onplan

NOVEMBER 30, 2022

Benchmarking and KPI tracking across the organization to stay on course. The tool has several custom reporting features, including providing scorecards and benchmarking with external data. Automated reporting also enforces compliance with GAAP and IFRS standards. Ad hoc reporting and visualization. Final thoughts on OnPlan.

Financial Planning and Analysis (FP&A)