PYMNTS

JUNE 11, 2020

With market volatility and economic pressure higher than it has been in more than a decade, the ways businesses manage and account for their money is inevitably included in that wave of operational change. The pandemic is setting the stage to change just about every aspect of running a business. Accountants, Auditors Respond.

Economics 77

Economics Accounting Auditing Forecasting 77

PYMNTS

OCTOBER 25, 2019

Treasury Inspector General for Tax Administration is calling into question the Internal Revenue Service’s corporate auditing performance. But according to the report, the IRS rarely uses this new method and is not examining past audits in order to more efficiently prioritize which cases to more closely examine, Bloomberg said.

Auditing 40

Auditing Treasury Compliance Prioritization 40

Future CFO

NOVEMBER 20, 2022

Cyberthreats and IT governance are among the top concerns of auditors in 2023, said Gartner recently when releasing the Gartner 2023 Audit Plan Hot Spots Report.

Auditing 98

Auditing Risk Management Compliance Economics 98

PYMNTS

NOVEMBER 25, 2019

Wayfair play out for nearly two years, as states unfurl all kinds of economic nexus and marketplace facilitator policies. Businesses must also recognize that the many states and municipalities with remote sales tax laws may each audit merchants to ensure compliance. George Isaacson has been watching the results of South Dakota v.

Economics 52

Economics Sales Compliance Auditing 52

PYMNTS

MAY 1, 2020

Mnuchin: All PPP Loan Recipients Will Face Audits. Treasury Secretary Steven Mnuchin said per reports that firms that borrow money via the Paycheck Protection Program (PPP) can expect to be audited prior to forgiveness of the loans. ” JPMorgan Chase Submits Nearly $18B In PPP Loans.

Auditing 57

Auditing Economics Treasury B2B 57

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. Economic Uncertainty. . Ransomware.

Auditing 75

Auditing Economics Communication Planning 75

CFO Talks

MARCH 14, 2023

However, the economic decisions that are made next year, especially around load shedding, are key,” says Ehsaan. In particular, mining and quarrying, and construction saw negative economic growth for 2022. I learnt a lot of the key skills I need in the auditing profession.

IFRS 98

IFRS Marketing Construction Auditing 98

Barry Ritholtz

JUNE 23, 2023

Apricitas Economics ) • How much did Congress lose by defunding the IRS? Every dollar available for auditing taxpayers generates many times that amount for government coffers — and the rate of return is especially astonishing for audits of the wealthiest Americans, according to new research. Now he’s battling BlackRock – again.

Auditing 107

Auditing Economics Investments Planning 107

CFO Talks

MARCH 2, 2023

Before joining Komatsu, he was a Senior Manager at KPMG in South Africa and he was responsible for several large audit clients. That has been a recurring theme in many of my discussions with CFOs, many accountants move from the auditing side to the commercial world, mostly shortly after they’ve completed their articles.

Auditing 98

Auditing CFO IFRS Construction 98

Future CFO

JULY 10, 2022

The latest internal control challenges include skilled staff shortage, technological advances, and the lack of executive emphasis, according to a recent report by ACCA, the Internal Audit Foundation (IIA), and Institute of Management Accountants (IMA). Survey highlights.

Auditing 52

Auditing Economics Technology Accounting 52

Future CFO

JANUARY 26, 2024

The outcome is boosted efficiency, increased accuracy, cost reduction, and stronger supplier relationships—a game-changer in Accounts Payable that allows finance leaders to navigate uncertain economic conditions and elections with confidence.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Accounting Invoicing 52

Future CFO

FEBRUARY 1, 2024

"It is absolutely critical businesses implement an accounting and reporting system for their ESG data that is as auditable, transparent, and reliable as their financial data accounting," Hasenoehrl says, "2024 is the year we have to start treating enterprise carbon data the same way we treat financial data."

Finance 52

Finance SAP Auditing IFRS 52

Future CFO

NOVEMBER 6, 2023

Meanwhile, in a separate interview with India's The Economic Times, Brand said there is a need to "supercharge" the accountancy profession amid a lack of accountants in all economies. The qualification also improves career progression for working professionals as they gain the potential to earn a higher salary and qualify to work anywhere.

Auditing 52

Auditing Accounting Economics Finance 52

CFO Share

APRIL 5, 2022

With audits ramping up and penalties exceeding $100,000, understanding sales and use tax is essential. Worst-case scenario, the state or municipality issues a tax audit and assessment, creating severe financial distress in the business. . Timely and accurate filing is critical to avoiding unnecessary tax audits. Think again.

Sales 98

Sales Auditing Compliance Tax Planning 98

Future CFO

JANUARY 30, 2020

Anaplan commissioned Forrester Consulting to conduct a Total Economic Impact (TEI) study and examine the potential return on investment (ROI) enterprises may realize by deploying Anaplan’s enterprise planning platform.

Economics 40

Economics Investments Planning Accounting 40

Future CFO

FEBRUARY 11, 2024

David W Duffy To set the baseline straight, the Corporate Governance Institute (CGI) defines sustainability as a holistic approach that considers the interplay between the three dimensions of environmental, social, and economic impacts. One best practice centred around aligning key talent and technology to reduce inconsistencies and errors.

Net Present Value (NPV) 98

Net Present Value (NPV) CFO Compliance Economics 98

Accountancy Today

JULY 15, 2022

UK company insolvencies have jumped 70%, from 11,261 to 19,191 in the last year according to Mazars, the international audit, tax and advisory firm. The firm revealed that it believes with interest rates rising for the fifth consecutive time in June, the economic outlook for business is “bleak”.

Construction 109

Construction Auditing Economics Numbers 109

CFO Talks

MARCH 14, 2024

Adapting to Global Economic Conditions and Technological Advancements The global economic landscape and rapid technological advancements present both opportunities and challenges for businesses. This dual focus is essential for organizations aiming to thrive in an increasingly competitive and dynamic business environment.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO News Room

JANUARY 18, 2023

In 2023, organizations will continue to face significant challenges : a competitive talent landscape, an exhausted workforce, and pressure to control costs amid a looming economic downturn. How employers respond could determine whether they are an employer of choice.

Prioritization 130

Prioritization Auditing Education Communication 130

PYMNTS

JUNE 21, 2016

“Without a robust financial services supply chain, our nation cannot finance adequate economic growth,” the report said in its executive summary. Only the PCAOB Audit Standards and U.S. ” Already, the Chamber of Commerce found, businesses are looking anywhere and everywhere to access finance. ” .

Economics 40

Economics Compliance Finance Auditing 40

Future CFO

NOVEMBER 29, 2023

I can vividly remember my first high school economics class, that was when I first realized that math wasn’t only theoretical. It provided an in-depth understanding of emerging markets including consumer needs across culture, languages, and economic landscape.

Finance 52

Finance Leadership Auditing Math 52

The Charity CFO

DECEMBER 7, 2023

Because of the lack of auditors in the field, traditional economics would suggest that pricing will increase. Tim also reminds us to reevaluate expectations for an audit, as he will often see audits for greater than $20,000. For the best interest of all parties, being as prepared as possible for the auditor can go a long way.

Nonprofit 52

Nonprofit Auditing Budgeting CFO 52

Future CFO

FEBRUARY 27, 2024

Andrew Harding No longer sufficient In an interview with India's The Economic Times, the Association of Chartered Certified Accountants (ACCA) chief executive officer, Helen Brand , said there is a need to "supercharge" the accountancy profession amid a lack of accountants in all economies.

Accounting 96

Accounting Finance Construction Auditing 96

Barry Ritholtz

AUGUST 22, 2022

Liberty Street Economics ) see also Pizza? The Sleuths Who Protect Crypto From Hackers Are Raking in Money : VC investment in crypto security firms has surged this year ‘We have spent sooooo much money on audits,’ Crypto CEO says. You Need Banh Mi to Get Employees Back to the Office. Falling Oil Prices Defy Predictions. Bloomberg ). •

Auditing 117

Auditing Manufacturing Economics Investments 117

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. Furthermore, quality control and internal audit functions play a critical role in maintaining the highest standards of performance, accuracy, and regulatory compliance.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

Future CFO

AUGUST 30, 2023

Banking and finance Amid uncertain global economic conditions, Hong Kong appears to have found its footing, as is looking to make up lost ground. Professionals looking to specialise in a ‘green’ job may wish to consider getting certified for BEAM, WELL, LEED, or Carbon Auditing, depending on regulatory requirements.

Data Analysis 52

Data Analysis Auditing Communication Finance 52

PYMNTS

NOVEMBER 9, 2020

Violators are subject to a $500 fine per day, and the department will have the authority to audit any digital asset business license. TradeStars is the first decentralized trading platform for ‘Fractional NFTs,’ where economic DeFi incentives are connected to real-life statistical data,” said TradeStars Founder and CTO Christian Hentschel.

Auditing 90

Auditing Economics Retail Banking 90

Future CFO

JULY 2, 2020

The economic and business impacts of the covid-19 pandemic are changing the finance and accounting (F&A) function. It includes: 10 practical tips to achieve an efficient and confident virtual close Strategies to mitigate cybersecurity risks while Accounting is working from home The best ways to manage an audit, virtually.

Accounting 52

Accounting Auditing Economics Finance 52

PYMNTS

APRIL 30, 2020

In today’s top news, economists warn that the economic downturn isn’t finished yet, and Facebook reported better than expected earnings. Mnuchin: All PPP Loan Recipients Will Face Audits. Plus, the Federal Reserve is committed to providing stimulus money until the economy is on the road to recovery.

Auditing 56

Auditing Advertising Treasury Banking 56

Future CFO

AUGUST 14, 2023

“Generative AI was the second most-frequently named risk in our second quarter survey, appearing in the top 10 for the first time,” said Ran Xu director, research in the Gartner Risk & Audit Practice. Flawed financial planning assumptions.

Concentration 52

Concentration Benchmarking Auditing Leadership 52

Future CFO

DECEMBER 17, 2023

Exceptions will trigger AI-driven, automated audits to ensure compliance. Technology and some budget flexibility will boost confidence The theme of 2023 is doing more with less, and that will continue to be the case as economic uncertainty carries over into 2024, said Tom Lavin, Chief Controlling Officer, Marketing and Solutions.

SAP 52

SAP Finance Budgeting Data Analysis 52

PYMNTS

NOVEMBER 2, 2018

The Financial Times ( FT ) reported that the auditing team from EY has come at the direction of hedge funds based in the United States that are on the Aegean board. The investigation comes on the heels of news in June that as much as $200 million in receivables had been “without economic substance.”. News came Thursday (Nov.

Auditing 67

Auditing Invoicing Budgeting Economics 67

CFA Institute

NOVEMBER 9, 2021

ESG assurance must replicate the knowledge and experience of external audit while avoiding its pitfalls.

Auditing 72

Auditing Performance Measuring Economics Investments 72

PYMNTS

NOVEMBER 1, 2020

And, the release noted, costs can be cut due to automated processing and auditing, which can boost efficiency. The pandemic's economic slowdown has only compounded those issues. The cloud processing for receipt data works to cut down on expensive errors in data transposition, for example.

Reconciliations 67

Reconciliations Auditing B2B Economics 67

CFO Share

APRIL 2, 2024

Outsourced CFO v In-House: Non-Financial Factors Choosing between an in-house finance manager and an outsourced CFO is not solely an economic decision; it is a strategic decision that impacts both the financial health and operational efficiency of your business.

CFO 52

CFO Finance Cost Analysis Forecasting 52

PYMNTS

NOVEMBER 5, 2020

businesses get back on their feet in the wake of the coronavirus and the ensuing economic downturn, are only lightly vetted, critics note. billion in fraudulent loans that British bankers say they have rejected may be just a drop in the bucket compared to the overall problem, according to the National Audit Office. However, the $1.3

Banking 59

Banking Auditing Economics Accounting 59

CFO Talks

AUGUST 16, 2022

She has been with Citibank for seven years and her adventure followed after she was a capital management manager at Absa and an audit and regulatory manager at Ernst & Young. I stayed on at Ernst & Young for three years post-articles as an audit manager but also on the regulatory side.

CFO 52

CFO Auditing Banking Accounting 52