The Finance Weekly

JULY 28, 2022

One of Vena’s customers, , Verra Mobility , claimed that Vena misled them into believing that the Soc 1 Type II report that Verra was given had been audited by an independent auditor. Please note, however, that the material weakness had no impact on our financial statement outcomes,” the securities filing reads. “We

Auditing 52

Auditing Compliance Budgeting Securities 52

VCFO

FEBRUARY 15, 2023

Lee Ann’s depth and breadth of expertise includes board reporting, audit preparation, business plan development, market research and analysis, risk management, and capital requirements. She had complete ownership of financials, reporting, auditing, and compliance for all entities.

Auditing 52

Auditing CFO Risk Management Budgeting 52

The Charity CFO

DECEMBER 8, 2022

Grants are the lifeblood of nonprofits, giving them the much-needed cash injection to market the organization, fund a project, or get an initiative off the ground. Because accurate nonprofit accounting can help with reporting and auditing requirements, and ensure that the funds are being used in accordance with the grantor’s wishes.

Accounting 52

Accounting Nonprofit Auditing Compliance 52

Future CFO

NOVEMBER 10, 2021

Ransomware and the long-term effects of the pandemic on markets and organisations are the top issues for auditors in 2022, said Gartner recently. . The 2022 audit plan hot spots that Gartner identify are as follows. Ransomware. Data and Analytics Governance. Digital Business Transformation. • IT Governance. Third Parties. Supply Chain.

Auditing 75

Auditing Economics Communication Planning 75

CFO News Room

DECEMBER 16, 2022

Job security is always a concern when choosing a career, but some fields are more recession-proof than others. Most financial managers have previous experience working in market analysis and forecasting positions similar to this one. Chief Compliance Officer. One industry that tends to be recession-resistant is finance.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

PYMNTS

JANUARY 25, 2019

Chainalysis unveiled an anti-money laundering (AML) compliance solution for stablecoins called Know Your Transaction (KYT), the company said in an announcement. As it stands, stablecoins have more than $3 billion in market value amid their rising popularity.

Securities 49

Securities Currencies Healthcare Auditing 49

PYMNTS

APRIL 16, 2019

A German markets regulator has filed a complaint with prosecutors alleging that shares of Wirecard were manipulated by someone who potentially had prior knowledge of a forthcoming damaging article written by the Financial Times , according to Reuters. . Wirecard’s stocks fell after the Jan.

Sales 46

Sales Marketing Compliance Auditing 46

Boston Startup CFO

APRIL 3, 2023

Additionally, you open yourself up to compliance and audit issues, and you’ll potentially decrease your chances of securing funding and financing. Adopting innovative solutions tailored to industry-specific accounting needs will streamline operations and enhance compliance and decision-making capabilities.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

CFO Talks

MARCH 20, 2024

Example: When it’s time for an audit, the Controller is hands-on, working directly with the auditors, showing them the books, and explaining the details. The CFO, on the other hand, talks strategy with the audit partner and handles any big issues that pop up.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

Bramasol

SEPTEMBER 10, 2023

Evolution of AI in Subscription-Based DSE Systems Before the widespread adoption of generative AI, both B2C and B2B markets have been utilizing various AI and machine learning applications to enhance their subscription-based services and products. Netflix, Spotify) to suggest content based on user preferences and viewing/listening habits.

SAP 89

SAP B2C B2B Microsoft Office 89

CFO News Room

NOVEMBER 2, 2022

In the United States, Registered Investment Advisers (RIAs) are required to register in one of 2 ways: with the Federal government (namely the SEC) or with one (or more) state securities regulatory agencies. Author: Chris Stanley. Guest Contributor. The Brochure Supplement – Form ADV Part 2B.

Compliance 130

Compliance GAAP Investments Advertising 130

E78 Partners

JUNE 2, 2023

Mitigation of Financial Risks: Spend management helps CFOs minimize financial risks like overspending, non-compliance, and fraud. Key Strategies E78 Insights Perform Thorough Audits : Prior to altering supplier relationships or renegotiating contracts, thorough audits are essential. Contact us to get a free audit today.

Auditing 52

Auditing Vendor Management Leverage Leadership 52

Future CFO

AUGUST 21, 2023

This higher value has come from accessing new sources of data, which includes market-centric data like macroeconomic information, news and events, competitor insights, etc. I think the recent public awareness has unleashed the scope of thinking on how AI can be used to deliver higher performance.

Finance 98

Finance Compliance Data Analysis Leverage 98

PYMNTS

JUNE 18, 2019

Corporate auditing and accounting firm KPMG remains in the crosshairs of regulators in various parts of the globe. where the Securities and Exchange Commission (SEC) has settled its case with KPMG for $50 million. KPMG has run into hot water with regulators in other markets as of late, too. In the U.K., In the U.K.,

Auditing 46

Auditing Compliance Accounting Accounting Firms 46

CFO Leadership

OCTOBER 10, 2023

Many have since advanced to intelligent process automation (IPA) — RPA amplified with artificial intelligence (AI) — to streamline and improve more complex work, from tax and compliance reporting to financial statement reconciliation. What data governance, privacy and security procedures do we have in place or need?

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

PYMNTS

JULY 8, 2019

The company has now chosen Sovos to help it meet the upcoming changes in the compliance sector. Sovos’ unique global solution for e-invoicing compliance and its blend of deep legal and technical expertise made it the best-fit partner for Onyx,” Mark Dubrow, Onyx chief executive officer, said in a press release.

Compliance 46

Compliance Invoicing Auditing B2B 46

PYMNTS

NOVEMBER 29, 2018

MovieCoin aims to deploy blockchain, smart contract and cryptocurrency technologies in a wide range of use cases, all geared toward the global movies and entertainment market — one that Grand View Research recently estimated to be worth nearly $1.15 trillion by 2025.

Auditing 54

Auditing Entertainment B2B Finance 54

PYMNTS

OCTOBER 9, 2019

9) from the Business Standard , and through Money Control , that there are compliance issues tied to data processing regulations that may keep the payment service from launching by the end of this year, as has been anticipated. In India, a delay for WhatsApp Pay? Reports came Wednesday (Oct.

Compliance 55

Compliance Auditing Securities Numbers 55

PYMNTS

DECEMBER 8, 2019

BigTech’s entry into finance has had benefits, like financial inclusion in emerging markets and underbanked economies. Doing so may help encourage competition, and help ensure a level playing field amongst market participants.”. The Fed is considering an audit of Big Tech firms’ compliance policies and governance structures.

Financial Data 52

Financial Data Concentration Auditing Leverage 52

Future CFO

NOVEMBER 15, 2023

This includes establishing clear data entry standards, validation rules, and periodic data audits. Risk Management and Compliance CFOs need to ensure that their financial processes and spreadsheets comply with various regional and international regulations.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

PYMNTS

DECEMBER 17, 2018

It’s been six months since the General Data Protection became law of the land, at least in the European Union, and yet the majority of companies that must be in compliance with that mandate are woefully unprepared. May 25 should have been the wakeup call, but it’s not too late to begin your compliance journey. The time is now.”.

Compliance 66

Compliance Auditing Communication Planning 66

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. based B2B software-as-a-service and data solutions provider focusing on supporting corporates’ compliance and anti-fraud efforts.

B2B 75

B2B Startups Investments Compliance 75

PYMNTS

DECEMBER 11, 2020

The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities. India-based B2B eCommerce company SOLV secured an investment from SC Ventures , the companies announced this week, although they did not reveal the value of the funding. Modularbank. the company said.

B2B 77

B2B eCommerce Banking Healthcare 77

PYMNTS

APRIL 21, 2017

In Black Duck’s second Open Source Security and Risk Analysis report , released this week, the firm found that 96 percent of applications audited have some open source component in them. The pervasiveness of this technology means gaps in security and other points of friction.

Auditing 43

Auditing Risk Analysis B2B Compliance 43

Future CFO

AUGUST 2, 2020

In some cases, entire industries are affected, supply chains are mixed up and sales markets are breaking down. At the same time, the disadvantages are unavoidable – prone to errors, time-consuming, lacking in modern data security & compliance standards, and often become simply unmaintainable over time.

Planning 40

Planning Reconciliations Budgeting Auditing 40

Future CFO

FEBRUARY 19, 2020

Despite the overall growth in cyberattacks, only one-third of organisations say the cybersecurity function is involved at the planning stage of a new business initiative, according to the EY Global Information Security Survey (GISS).

Auditing 40

Auditing Budgeting Compliance Securities 40

PYMNTS

FEBRUARY 8, 2019

This is the third time that the same highly confidential documents from a compliance audit have been used as the basis for a defamatory media coverage,” the company said in its statement. In Munich, a prosecutor launched an investigation into Wirecard involving potential manipulation of the market, as well.

Compliance 54

Compliance Auditing Planning Banking 54

PYMNTS

SEPTEMBER 29, 2017

But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance. Compliance with domestic and international standards is considered a must,” Beaulande recently told PYMNTS. Staying Updated.

Treasury 56

Treasury Banking Compliance Risk Management 56

Michigan CFO

SEPTEMBER 29, 2021

In addition to being on the same page as other leaders in the organization, CFOs must understand the importance of: Expanding market presence. For businesses that must adhere to specific data security compliance standards, going digital can help simplify the process with the help of a CFO to ensure accuracy.

Manufacturing 52

Manufacturing CFO Compliance Forecasting 52

PYMNTS

JULY 1, 2020

The Beijing-based coffee chain, which goes head-to-head with Starbucks in China’s booming market, said former CEO Jenny Zhiya Qian and former COO Jian Liu, as well as “certain employees reporting to them,” took part in a scheme under which $300 million in phony coffee sales were put on Luckin’s ledgers in 2019.

Sales 56

Sales Auditing Compliance Planning 56

CFO Talks

MARCH 14, 2024

No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making. CFOs can facilitate this by promoting cross-functional teams that bring together diverse perspectives, whether from finance, operations, R&D, or marketing.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

Bramasol

APRIL 15, 2024

In this new post, we get more granular to provide an update on how AI and Gen AI can enhance productivity, insights, and results in finance applications such as order-to-cash to compliance (OTC 2 ), along with a look at how new SAP AI initiatives are key to this transformation. to drive financial models.

SAP 88

SAP Financial Planning and Analysis (FP&A) Compliance Reconciliations 88

PYMNTS

AUGUST 14, 2018

No, not just in homeownership, but in business, too – and especially when it comes to upstart FinTech firms grappling with an ever-onerous compliance landscape. In the world of transaction monitoring for compliance, the spreadsheet becomes the all in all: a ledger, analytics, tracking, case management and auditing tool.

Compliance 40

Compliance Auditing Risk Analysis Prioritization 40

PYMNTS

AUGUST 17, 2018

That doesn’t mean investors have ignored the FinTech side of the B2B market, though, with funding landing at eProcurement, auditing, alternative finance and other players. Enterprise blockchain startup Axoni secured $32 million in Series B funding this week, the company announced in a press release. MyDreamPlus.

Startups 40

Startups B2B Auditing Invoicing 40

Boston Startup CFO

SEPTEMBER 9, 2015

And the risks of non-compliance with IRC 409A are severe – if found in violation, option holders must immediately pay taxes on all vested shares, an additional 20% penalty tax, and even interest on the unpaid taxes. Your company has not raised money through a convertible security instrument (KISS, SAFE, convertible debt).

Valuation 52

Valuation Startups Auditing Compliance 52

PYMNTS

SEPTEMBER 22, 2016

Part of the problem, says Pegasystems Senior Director of Risk, Compliance and Onboarding for Financial Services Reetu Khosla, is that KYC and other regulations change so frequently and are so numerous that it’s a major undertaking to remain compliant. ” Khosla said. On Tuesday (Sept.

Banking 75

Banking Compliance Prioritization Auditing 75

PYMNTS

AUGUST 13, 2018

But according to the Wall Street Journal, Tether has never shown any audit that backs up its claim that it has that cash in reserves. The WSJ noted that in 2017, Tether hired Friedman to audit the reserves. Friedman issued a preliminary report last year, but Tether says it released Friedman before a final audit was completed.

Auditing 40

Auditing Compliance Currencies Banking 40