Remove Auditing Remove Financial Data Remove Financial Systems Remove Securities
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Making the case for connecting the spreadsheet dots

Future CFO

Ervina Waty : Here are some key changes that CFOs might need to put in place: Enhanced Data Governance and Quality Control CFOs should implement stronger data governance practices to ensure the accuracy, consistency, and integrity of financial data.

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Wirecard’s End, Beginning In China?

PYMNTS

Because Wirecard did not release its audited annual results (for 2019) last week, the loans could be called in. We’ll note that when an auditor refuses to sign off on a client firm’s results, much of the financial data previously reported should be viewed with a skeptical eye.

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Could Facebook’s Libra Put Users’ Digital ID At Risk?

PYMNTS

Public ledgers could expose financial data, allowing outsiders using artificial intelligence (AI) and pattern recognition to identify and name individuals making purchases. Can Facebook Be Trusted To Secure Financial Data? Or, you could try to implement some sort of certification program or an audit process.