Future CFO

MARCH 26, 2024

Chief audit executives expect audit coverage of artificial intelligence-related risks will grow as organisations race to adopt the technological advancement , according to a Gartner study. Half of the top six risks with the greatest increase in audit coverage are AI-related."

Auditing 52

Auditing Compliance Technology Securities 52

The Charity CFO

NOVEMBER 30, 2023

Does the idea of an audit from the IRS leave you with sweaty palms? Most nonprofit leaders aren’t accountants and the thought of getting audited is a sizable fear. Luckily, being prepared can help you avoid accounting mistakes that could come up in a nonprofit audit. These penalties can be crushing for nonprofits.

Nonprofit 52

Nonprofit Auditing Compliance Education 52

The Charity CFO

DECEMBER 30, 2021

Contrary to what many people envision, a nonprofit audit doesn’t usually start with a letter from the IRS. Instead, an independent nonprofit audit is something you choose to build trust in your nonprofit organization. An audit can be a critical step for a growing nonprofit that needs to raise increasing amounts of funds.

Nonprofit 98

Nonprofit Auditing GAAP Accounting Principles 98

CFO News

OCTOBER 2, 2023

The Income Tax Department's e-filing portal received over 30 lakh audit reports by September 30, according to the tax authority of India. The department expressed gratitude to taxpayers and tax experts for their timely compliance.

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Auditing Compliance 97

CFO News

APRIL 18, 2024

Sebi issues a standard reporting format for AIF PPM audit reports to enhance compliance uniformity and ease. Learn about the requirements, submission process, and review mechanisms in this article.

Auditing 40

Auditing Compliance 40

Beacon CFO Plus

NOVEMBER 30, 2023

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. Keep in mind the things a fractional CFO will not do.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

CFO Talks

MARCH 20, 2024

From Controller to CFO: What Changes? Moving from being a Controller to a CFO is a big step up. Both the CFO and Controller deal with the company’s finances, but they focus on different things. The CFO, however, looks at the bigger picture. It’s like going from keeping score to calling the plays.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

CFO Share

NOVEMBER 15, 2023

Embarking on your first financial audit can be nerve-wracking. This article includes small business accounting tips to prepare for an audit while minimizing its expenses and findings. An audit evaluates: Compliance with accounting standards (GAAP or IFRS.) Risks of fraud or non-compliance.

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Auditing IFRS GAAP Invoicing 52

Future CFO

NOVEMBER 28, 2023

Good audit equates to less time wasted, as some leaders recount that 'time is money'. Moreover, results from the audit process should be released in a timely manner. Auditing with agility also brings in greater efficiency and better alignment between the audit work and the organisation's value.

Auditing 52

Auditing Leverage Marketing Compliance 52

https://trustedcfosolutions.com/feed/

FEBRUARY 9, 2023

Getting audited isn’t something businesses look forward to. Audits cost your business hundreds and thousands of dollars, taking up countless hours researching transactions and data logs, or painstakingly tracking down supporting documentation. Here’s how: Next-Level Efficiency: Streamlining the Audit Feel prepared for your next audit.

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Auditing CFO Compliance Accounting 57

CFO News

MARCH 4, 2024

The National Financial Reporting Authority (NFRA) plans to conduct annual inspections of major audit firms to ensure compliance with standards and protect investors. The regulator will engage with audit committees and boards, expand inspections, and address issues related to financial statements and auditor independence.

Auditing 52

Auditing Compliance Financial Reporting Planning 52

CFO News

MARCH 24, 2023

GST law in India is complex and to an extent ambiguous, and we have seen that businesses have suffered due to lapses made in assessment and other compliances.

Compliance 52

Compliance Auditing 52

CFO News

DECEMBER 25, 2022

ETCFO and Oracle NetSuite organized a virtual roundtable on “Future-Proof Compliance: Strengthening Regulatory Maturity and Becoming Audit-Ready”, with panelists — Mandeep Mehta, Group CFO, PB Fintech; Mayank Gupta, Group CFO, CarDekho; Mehul Turakhia, Group Finance Head, Zeta Suite; Rajendra Jhawar, Senior Director – Finance, BrowserStack; Chieh Suang (..)

Compliance 52

Compliance Auditing CFO Finance 52

CFO News

MAY 10, 2023

Indian telecom operators have rejected the proposed licensed service area (LSA)-level audit requirements proposed by the Telecom Regulatory Authority of India (Trai) as it would result in duplication of work and wastage of resources.

Auditing 52

Auditing Compliance 52

CFO News

JUNE 30, 2023

DGCA will conduct a special audit of grounded airline Go First's facilities in Delhi and Mumbai from July 4 to 6 to approve the revival plan for resuming flights. The audit will focus on safety aspects, compliance requirements, and physical verification of arrangements for flight resumption.

Auditing 52

Auditing Planning Compliance 52

Future CFO

MARCH 16, 2022

Companies are estimated to reduce annual compliance training by 50% by 2025, said Gartner recently. Many compliance leaders are dissatisfied with the effectiveness of their existing program activities,” said Chris Audet, senior director, research in the Gartner Legal, Risk & Compliance practice.

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Compliance Budgeting Leverage Numbers 98

The Finance Weekly

JANUARY 22, 2024

Joe Berchtold, the President and CFO of Live Nation Entertainment, earned an impressive $52.4 million in 2023, making him the ,, highest-paid CFO in the United States. Aspiring individuals may wonder how they can achieve similar heights and earn big as a CFO. Assist with risk management, audits, and research.

CFO 52

CFO Education Communication Leadership 52

CFO Thought Leader

NOVEMBER 5, 2023

And just who the southern California family enclave hired as its CFO perhaps says just as much about HHG as it does about its finance chief himself. Now read the article on Forbes.com The podcast episode features CFO Christopher Crawley of Hoffman Hospitality Group, discussing challenges related to managing labor in the restaurant industry.

CFO 52

CFO Auditing Leadership Compliance 52

CFO News

FEBRUARY 2, 2023

"We are looking at actively using audits and scrutiny for improving compliances. We have been able to achieve a big breakthrough in return filing percentage but it is not enough," Johri said. "We "We also need to look at the quality of data that the values taxpayers are putting in the return."

Auditing 52

Auditing Compliance 52

Future CFO

APRIL 15, 2024

The new technological advancement paves way for powerful insights and trends to help out finance professionals to streamline audits and boost risk management and compliance. BlackLine, Inc. launched its generative artificial intelligence -powered Journals Risk Analyser, empowering finance and accounting leaders with anomaly detection.

Finance 52

Finance Auditing Compliance Risk Management 52

Future CFO

SEPTEMBER 1, 2021

Audit functions that fail to adapt well to hybrid auditing risk a loss of effectiveness and influence at a time when real-time assurance has never been more vital to the wider organisation, said Gartner recently. Below are some of the best practices.

Auditing 52

Auditing Communication Construction Leverage 52

Future CFO

DECEMBER 3, 2023

The post PwC Global Internal Audit Study 2023 | Seeing through walls to find new horizons appeared first on FutureCFO. Megatrends are creating risks in new areas that are more connected than ever before and unprecedented in scale and complexity, said PwC.

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Auditing Compliance 52

VCFO

APRIL 21, 2022

vcfo is delighted to announce that Gary Golden has joined the vcfo Dallas team as a Consulting CFO. Prior to joining vcfo, Gary’s career includes Controller, Auditor, CFO, and Senior Vice President positions for organizations like Kinko’s and Blockbuster. About vcfo. At vcfo, our mission is always to make your company stronger.

CFO 52

CFO Strategic Planning Auditing Leadership 52

Future CFO

MARCH 21, 2022

The top challenge for internal audit leaders this year is how they can attract talent with nontraditional skills, said Gartner recently. 57% of chief audit executives said that attracting talent with nontraditional skills was an important or extremely important issue for them in 2022. Survey highlights.

Auditing 52

Auditing Technology Planning Marketing 52

CFO Leadership

OCTOBER 10, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

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Finance Accounting Auditing IFRS 95

Michigan CFO

SEPTEMBER 29, 2021

In the world of manufacturing, where processes run thick and bottlenecks are known to arise, CFO services play a critical role in helping organizations steer towards efficiency, profitability, and longevity. The Evolving CFO Role in a Manufacturing Company. Using CFO Services to Overcome Challenges in Manufacturing.

Manufacturing 52

Manufacturing CFO Compliance Forecasting 52

CFO Leadership

AUGUST 12, 2021

The CFO Leadership Council proudly highlights our very first ten Diversity, Equity, and Inclusion Ascend Honorees! The Ascend program is an opportunity for Senior Finance Executives from underrepresented groups to join The CFO Leadership Council. Fisher Senior VP & CFO American Hospital Association. Christina Y. Christina Y.

Leadership 98

Leadership CFO Financial Planning and Analysis (FP&A) Finance 98

Future CFO

FEBRUARY 11, 2024

She pointed to the UN Global Compact CFO Coalition for the SDGs as one of the best resources for CFOs and sustainability leaders. CFO and Chief Sustainability Officers can access micro-sector-specific tools as well as guidebooks. The group doesn't focus on "terms" they focus on sustainable finance results.

Net Present Value (NPV) 98

Net Present Value (NPV) CFO Compliance Economics 98

Michigan CFO

NOVEMBER 26, 2021

Did you know the average base salary for a Chief Financial Officer (CFO) is $397,448 ? With a fractional CFO, you can reap the benefits of a full-time CFO at a significantly reduced rate while still being able to get the same level of financial leadership and insights. In today’s article, we’ll cover: What is a fractional CFO?

CFO 52

CFO Leadership Auditing Compliance 52

CFO Share

APRIL 2, 2024

You may find yourself at a crossroads: should you hire an in-house finance manager or an outsourced Chief Financial Officer (CFO)? What are Outsourced CFOs? CFO outsourcing can cover all tasks an in-house CFO, Finance Director, Controller and accounting team might perform for a small business. In-house Finance Mgr.

CFO 52

CFO Finance Cost Analysis Forecasting 52

Future CFO

SEPTEMBER 14, 2023

When it comes to tax transformation, compliance is seen as the greatest challenge among 43% of companies surveyed by Deloitte. The post Tax transformation: Compliance is many firms’ greatest challenge appeared first on FutureCFO.

Compliance 52

Compliance Finance Technology Investments 52

Boston Startup CFO

APRIL 12, 2024

409A / Valuations Leveraging our expertise and industry knowledge, we will conduct thorough assessments to determine the fair market value of your company, ensuring compliance with regulations and helping you make informed decisions related to stock options, equity compensation, and financial reporting.

Corporate Finance 40

Corporate Finance Finance Auditing Compliance 40

PYMNTS

SEPTEMBER 10, 2019

In a statement, Coatue Management Senior Managing Director Thomas Laffont said that artificial intelligence (AI) enables AppZen to deploy more sophisticated analytics and automation within its expense management solution, which allows businesses to assess expenses, automate expense report audits, and identify savings opportunities. “AI

Auditing 43

Auditing Accounts Payable Invoicing Compliance 43

Future CFO

MAY 21, 2020

COVID-19 doesn’t give CFOs much room to manoeuvre – no idea how long the pandemic will last or which businesses across the supply chain will be impacted first and how fast the disruption will spread. The post CFO guide to thriving with risk appeared first on FutureCFO.

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CFO Auditing Risk Management Budgeting 52

Future CFO

JUNE 20, 2022

The rate of compliance reporting has dropped by 30% from before the pandemic, said Gartner recently. The increase in remote and hybrid working practices has reduced the amount of misconduct and the potential to observe it, said Chris Audet, senior director, research in the Gartner Legal, Risk & Compliance practice. .

Compliance 52

Compliance Entertainment Auditing 52

CFO News

MARCH 3, 2024

The National Financial Reporting Authority (NFRA) plans to conduct annual inspections of major audit firms to ensure compliance with standards and protect investors. The regulator will engage with audit committees and boards, expand inspections, and address issues related to financial statements and auditor independence.

Auditing 52

Auditing Compliance Financial Reporting Planning 52

The Charity CFO

APRIL 18, 2024

These challenges include financial issues, data security compliance, and talent retention problems. Compliance with Evolving Regulations Nonprofits are no strangers to regulatory and compliance issues. Audit and adjust technology and data practices based on current cybersecurity best practices. 2024 will be no different.

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Nonprofit Compliance CFO Leverage 52