PYMNTS

OCTOBER 9, 2020

Venture capital funding landed at supplier payment and compliance automation firms this week, among other B2B innovators that raised money. Enterprise device security firm Eclypsium has notched $13 million in an oversubscribed funding round , which brings the overall funding of the firm to $25 million.

Compliance 107

Compliance Auditing Accounts Payable Valuation 107

Future CFO

OCTOBER 16, 2023

It can help with incident response reporting, threat intelligence, risk assessments, audits and regulatory compliance, and present its recommendations in terms that anyone can understand, even translating confounding graphs into simple text. The post The promise of generative AI for cyber security appeared first on FutureCFO.

Securities 52

Securities Auditing Compliance Technology 52

PYMNTS

OCTOBER 6, 2020

Keeping customers' digital payment data safe and secure is a critical part of doing business in the digital economy, and following Payment Card Industry (PCI) compliance guidelines is an effective way for firms to accomplish this. Getting Up to Speed on Compliance. Sharing the Compliance Burden.

Compliance 71

Compliance Auditing Securities Education 71

PYMNTS

MARCH 15, 2020

The Securities and Exchange Commission (SEC) voted last week to ease audit requirements for some small, publicly traded companies, the agency said in a statement Friday (March 13). CEO of the Securities Industry and Financial Markets Association (SIFMA), has been in charge of the industry response to the outbreak.

Auditing 63

Auditing Compliance Securities Accounting 63

PYMNTS

MAY 4, 2020

Despite an audit that raised questions about operations at Wirecard, a publicly traded financial services provider based in Munich, its CEO has ignored calls to resign. The survey by KPMG, a global auditing firm, criticized the company’s lack of transparency and cooperation. The company employs 5,300 workers.

Auditing 64

Auditing Compliance Economics Planning 64

Future CFO

MARCH 28, 2021

The internal audit function faced both declining budgets and a significantly expanded workload in 2020, according to Gartner survey of 299 internal audit organisations in 2020. The obvious implication, if the picture doesn’t become more balanced, is that audit leaders will have to make tough coverage trade-off decisions.”

Auditing 52

Auditing Budgeting Banking Securities 52

CFO Thought Leader

APRIL 16, 2024

Kicking off his career fresh out of school, Udit Tibrewal joined the audit practice of PricewaterhouseCoopers (PwC) in New Delhi, where he set about learning the intricate workings of financial compliance.

CFO 52

CFO Auditing Prioritization Compliance 52

PYMNTS

APRIL 13, 2017

But the company also knew that in order to provide the best security and best customer experience simultaneously, it would need to exceed the Payment Card Industry (PCI) Security Standards Council standards. With the primary goals of finding a solution with ease of integration, compliance tracking and quality monitoring control, WOW!

Compliance 40

Compliance Securities Auditing Technology 40

Beacon CFO Plus

NOVEMBER 30, 2023

Define Roles and Responsibilities: The CFO typically focuses on financial strategy, planning, and management, while the accounting firm handles compliance, audits, and financial reporting. The CFO should work closely with the accounting firm to provide the necessary information for audits and reporting.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

PYMNTS

SEPTEMBER 10, 2019

AppZen secured the Series C funding from hedge fund firm Coatue Management, with Redpoint Ventures and Lightspeed Venture Partners also participating in the funding round, VentureBeat reported. That feature, too, deploys artificial intelligence to promote compliance, contract management, pricing term management and other performance metrics.

Auditing 43

Auditing Accounts Payable Invoicing Compliance 43

Future CFO

SEPTEMBER 14, 2020

Given that auditors are required to offer unbiased opinions about the financial statements of companies that they audit, the lack of auditor independence can severely compromise the quality of the auditors’ work. . The case for and against NAS prohibitions NAS encapsulate any service provided by auditors other than external audit services.

Auditing 52

Auditing Accounting Valuation Education 52

CFO Leadership

OCTOBER 10, 2023

Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis.

Finance 95

Finance Accounting Auditing IFRS 95

Future CFO

JANUARY 26, 2024

AI-powered tools can streamline the processing of these reports by automatically verifying receipts, categorising expenses, and ensuring compliance with company policies. 6) Fraud detection: Proactive security measures Detecting fraudulent invoices is a constant concern for finance departments.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Accounting Invoicing 52

PYMNTS

NOVEMBER 22, 2019

Ongoing security concerns have prompted the Federal Reserve to further scrutinize big tech firms that serve the banking industry, The Wall Street Journal (WSJ) reported on Thursday (Nov. Can we look at their overall compliance management program?”. 21), citing a senior official.

Securities 46

Securities Auditing Concentration Compliance 46

PYMNTS

MAY 16, 2018

Controls are everything in business and in data security. Against that backdrop, SOC 2 — shorthand for Service Organization Control, originating from 2011 — is gaining in popularity, according to Flywire chief information security officer Barbara Cousins. A SOC 2 Type II review will include the testing of these controls.

Auditing 46

Auditing Healthcare Securities Education 46

Spreadym

OCTOBER 24, 2023

Data integrity is a critical aspect of data management and is essential for maintaining the trustworthiness of data for various purposes, including decision-making, compliance, and security. Security: Data integrity is closely related to data security. Ensure compliance with legal and regulatory requirements.

Auditing 59

Auditing Compliance Securities Healthcare 59

The Charity CFO

APRIL 18, 2024

These challenges include financial issues, data security compliance, and talent retention problems. Financial Sustainability For nonprofits, financial sustainability means the financial security to cover expenses and advance your mission. Implement staff and volunteer training on security best practices.

Nonprofit 52

Nonprofit Compliance CFO Leverage 52

PYMNTS

OCTOBER 24, 2019

HRS CEO Tobias Ragge said in the announcement, “As we’ve piloted with integrated hotel payment solutions around the world in recent years, the program compliance metrics are clear.” He continued, “When our clients use our payment solutions, we’ve seen hotel compliance rise by on average 23 percent.

Compliance 40

Compliance Auditing Invoicing eCommerce 40

PYMNTS

OCTOBER 26, 2016

While it’s not uncommon for these Internet of Things (IoT) devices to be accessed by attackers looking for a stealthy way in, it’s also not uncommon for merchants to overlook these as a point of security vulnerability. to provide additional layers of security. Going Beyond PCI.

Securities 81

Securities Auditing Compliance Retail 81

PYMNTS

SEPTEMBER 20, 2016

In the latest installment of Flywire ’s podcast series on Global Citizens and the top characteristics of x-border payment processors , we take a look at the compliance, rules and regulation side of getting high-ticket international payments from Point A to Point B.

Compliance 71

Compliance Education Auditing Securities 71

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

Future CFO

OCTOBER 22, 2023

This advancement makes way for cost-benefit analysis and consultation on implementation to training, taxation consultancy and assistance with system audits. With this, Chartered Accountants can play important roles in developing intelligent, platform-independent and cloud-based systems that are needed for each individual entity requirements.

Accounting 52

Accounting Auditing Compliance Technology 52

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. Compliance Complexities. Orchestrating A Solution.

Compliance 82

Compliance Securities Auditing Retail 82

CFO Leadership

OCTOBER 18, 2023

Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis.

Finance 52

Finance Accounting Auditing IFRS 52

The Charity CFO

DECEMBER 8, 2022

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. Establishing sound internal controls is essential for ensuring the financial security, accuracy, and completeness of your records related to grants.

Accounting 52

Accounting Nonprofit Auditing Compliance 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

https://trustedcfosolutions.com/feed/

JULY 19, 2022

An all-in-one cloud-based, integrated system that helps you streamline your business processes, streamline payment processing, increase efficiency, and allow secure access to your critical data from any place at any time while helping you accelerate your time to close. Real-Time Visibility For Wealth Management, Securities & More.

Accounts Payable 113

Accounts Payable Auditing Compliance Accounting 113

PYMNTS

APRIL 24, 2017

McGurk agreed, noting why the first lesson of information security — the first consideration before one gets to technology or process — is humility. You can’t get overconfident in information security,” he said. We have third parties and internal audits that are performed against various security processes each year.

Securities 46

Securities Compliance Concentration Auditing 46

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

Future CFO

DECEMBER 31, 2019

As organisations continue to collect customer and employee data, chief audit executives (CAEs) are increasingly concerned about how to govern and protect it, noted Gartner. Continuous monitoring and right-to-audit contract provisions can help ensure that third parties adhere to an organisation’s protocols around data use and behaviour.

Auditing 52

Auditing Risk Management Budgeting Compliance 52

Bramasol

JULY 22, 2023

Global ESG Regulatory Requirements One of the major ESG compliance developments to watch is the US Securities and Exchange Commission (SEC) proposed regulation on Climate-Related Disclosures and ESG Investing. For more information, check out these resources: Are You Ready for "Carbon Accounting" Compliance?

IFRS 89

IFRS Accounting SAP Compliance 89

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. The product seeks to track stablecoins through every transaction, with the inclusion of redemption and issuance.

Securities 49

Securities Currencies Healthcare Auditing 49

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. Chief Compliance Officer. A chief compliance officer ensures financial institutions adhere to all applicable laws and regulations. This means your job is likely secure no matter what happens in the economy.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

PYMNTS

OCTOBER 5, 2020

Compliance automation startup Strike Graph has launched with a $3.9 The company aims to eliminate the confusion related to cybersecurity audit and certification processes by assisting companies in scoping correctly-sized audits and dynamically adjusting controls. million seed funding round, according to a press release.

Auditing 56

Auditing B2B Compliance Startups 56

Future CFO

NOVEMBER 10, 2021

The Gartner 2022 Audit Plan Hot Spots report also identified evolving societal expectations for enterprises, such as environmental, social and governance ( ESG ) risks, and operational resilience as top risk areas for 2022. The 2022 audit plan hot spots that Gartner identify are as follows. Ransomware. Data and Analytics Governance.

Auditing 75

Auditing Economics Communication Planning 75

Future CFO

OCTOBER 1, 2023

CIO, chief data officer, chief information security officer) to distinguish hype from reality and share results with other executive leadership team members. However, the technology’s limitations introduce several real challenges to this objective, leading Gartner to consider it at a peak of inflated expectations.

Leadership 52

Leadership Reconciliations Auditing Compliance 52

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