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Gensler stresses PCAOB’s importance following $400M budget approval

CFO Dive

Trust in public company financials “can easily be taken for granted,” outgoing SEC Chair Gary Gensler warned in a statement on the audit watchdog’s budget.

Budgeting 290
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SEC commissioner opposes ‘ballooning’ PCAOB budget

CFO Dive

The PCAOB has stirred up criticism since SEC Chair Gary Gensler shook up its leadership and called for sharper regulation of the firms that audit public companies.

Budgeting 266
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Mnuchin Now Says All PPP Loan Recipients Will Face Audits

PYMNTS

Businesses that borrow money through the federal Paycheck Protection Program (PPP) can expect to be audited before the loans are forgiven, Treasury Secretary Steven Mnuchin told The Wall Street Journal. But Tuesday night, Mnuchin told the paper all loans will be audited. While the SBA saw its budget grow with $2.8

Auditing 141
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How to Prepare Your Business for an Audit: Tips from a CFO

Capital CFO LLC

Let’s face it—just hearing the word “audit” can make even the most seasoned business owner a little uneasy. But here’s the truth: audits don’t have to be scary.

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Are you ready for the financial impact of AI on your IT budget?

E78 Partners

While we can all agree that AI’s impact on IT is significant and will continue to grow, are organizations prepared to manage the growing costs on their IT budgets? Estimates suggest that AI projects could take up to 10% of IT budgets yearly, and this figure is likely to increase. Data Pipes.” appeared first on E78 Partners.

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Identifying and Overcoming Ethical Dilemmas in Business 

CFO Talks

As a CFO your influence extends beyond financial reports and budgets. Escalate concerns to the audit committee or external advisors if internal discussions don’t resolve the issue. Propose additional governance measures, such as third-party audits, to demonstrate transparency.

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12 Steps to Ensure Your Company Is Audit Ready

CFO Strategic Partners

A Year-Round Audit Strategy Is A Great Place To Start Insights from Acclarity Accredited to Small-to Medium Business Leader: Michele Himes For all but one day of the year, the end of your financial year is always approaching — sometimes year-end is still months away, other times year-end is right around the corner. Month-End Close.