PYMNTS

JULY 5, 2017

By using ‘out-of-the-box’ cloud infrastructure building blocks, you can align the C-level suite by bringing the data together that stakeholders need to make decisions,” said Born. The nature of financial reporting is to communicate facts aggregated using accounting rules. These facts can be audited back to the source.

Financial Data 52

Financial Data Auditing Financial Reporting CFO 52

Future CFO

OCTOBER 25, 2023

Financial institutions are investing in building robust solutions that provide optimum security to their customers, and machine learning is a critical component of this process. Mobile app developers are also actively integrating various algorithms and explicit programming to create fraud-free apps for financial institutions.

Leverage 52

Leverage Auditing Finance Financial Data 52

Future CFO

AUGUST 21, 2023

Robert E Parker "As we look forward to the developments in AI, finance leaders will be in a better position to uncover hidden opportunities and risks and step beyond using structured financial data by utilising data from across organisational silos enhanced with data from outside the organisation."

Finance 98

Finance Compliance Data Analysis Leverage 98

The Charity CFO

APRIL 1, 2024

QuickBooks provides an easy-to-use bookkeeping solution that puts all of your financial data in one place. All of your financial data lives securely in the cloud, which also means you can access it from anywhere with a secure connection.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 52

The Charity CFO

MAY 11, 2023

Properly evaluate each company and their credentials before letting go of your financial data. Security Concerns The financial data of an organization is incredibly sensitive. Ensure that your provider has proper security measures in place and ask to see these in action before proceeding.

Nonprofit 52

Nonprofit Communication Auditing GAAP 52

CS Lucas

MARCH 30, 2021

The Business Edition’s unlimited forecast lines, custom dashboards and team rooms help your treasury department work cohesively on one secure platform. 5 financial instruments . Unlimited: A treasury system that is designed to meet bespoke enterprise -wide security , audit and service level compliance.

Treasury 52

Treasury Forecasting Cash Management Compliance 52

Future CFO

NOVEMBER 15, 2023

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.

Financial Planning and Analysis (FP&A) 52

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

PYMNTS

JUNE 22, 2020

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.

Auditing 77

Auditing Banking Financial Systems Financial Data 77

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. After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes. Financial professionals need to be able to understand and interpret financial data.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

PYMNTS

JULY 27, 2017

Italy’s UniCredit has confirmed that the personal financial data of about 400,000 customers has been compromised. According to Finextra , the affected customers took out loans through the bank, and their personal data has been hijacked by unauthorized third parties.

Auditing 40

Auditing Financial Data Securities Banking 40

Planful

OCTOBER 19, 2021

A cloud-based system for financial planning and analysis (FP&A) can have governance built in its deployment model by IT teams. Equifax quickly applied security and governance policies because they were built in and custom coded to suit the organization’s needs. What value are we getting from our investment in a secure technology?

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) CFO Auditing Communication 40

Cube Software

MAY 10, 2023

This ensuresthe financial statements are accurate. It provides a true picture of company financial data used in decision-making. This amount can vary month-to-month, and so should be updated regularly to reflect true financial data. This way, they can accurately reflect the true financial data of their business.

GAAP 52

GAAP Profit and Loss Accounting Principles Financial Data 52

Centage

SEPTEMBER 6, 2022

The familiarity of spreadsheets and their ease of use mean many employees are happy to keep working with them, even though they may create serious security risks. Below, we’ll analyze Excel spreadsheets security problems that come with spreadsheets and how implementing software can be a more effective solution.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

Future CFO

FEBRUARY 10, 2021

When you are unable to audit or do something like that while at home, you realize the value of pushing more technologies,” she said. “I said Michelle Quek , vice president, Business Operations and Finance at Ensign Info Security. Data trust or integrity is another rising challenge.

CFO 52

CFO Finance Auditing Treasury 52

Finvisage

DECEMBER 31, 2019

Accountancy firm PwC is reported to have been hired by the company to look at its accounts, which are audited by Grant Thornton. The accountancy watchdog, the Financial Reporting Council, said: “We are looking into this matter carefully and will give full consideration to further action as more facts become available.”

Reconciliations 52

Reconciliations Financial Analysis Accounting Construction 52

Future CFO

FEBRUARY 18, 2021

At the launch of a recent report examining the effectiveness of financial fraud risk management, Julie Bell Lindsay - the Executive Director at the Center for Audit Quality — was quoted as saying that “the risk of financial statement fraud at public companies is real, and that risk has only increased during the pandemic.”.

Risk Management 52

Risk Management Auditing CFO Accounting 52

Planful

NOVEMBER 10, 2016

Data Integration Requirements in EPM Processes and Software. One of the most critical requirements of an EPM platform is the ability to integrate financial and non-financial data from multiple sources. An EPM platform needs to support the integration of a wide variety of data sources and types: Trial balance summaries.

General Ledger 40

General Ledger Budgeting Forecasting Financial Data 40

PYMNTS

JANUARY 9, 2019

Separate reports from The Wall Street Journal ( WSJ ), published last April, also demonstrated the changing nature of corporate finance: While the Big Four accounting firms’ advisory and consulting revenue jumped by a combined 44 percent since 2012, revenue from straightforward auditing for the firms rose just 3 percent in that time.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

PYMNTS

JULY 9, 2018

In a blog post, the company said that on July 4 it experienced a network intrusion that led to a breach of some of its customers’ data. It said the incident affected approximately 21 million of its users, but that no private/direct messages, financial data or social media or photo content was impacted.

Auditing 40

Auditing Financial Data Accounting Securities 40

Centage

SEPTEMBER 6, 2022

The familiarity of spreadsheets and their ease of use mean many employees are happy to keep working with them, even though they may create serious security risks. Below, we’ll analyze Excel spreadsheets security problems that come with spreadsheets and how implementing software can be a more effective solution.

Securities 52

Securities Cash Flow Forecasting Budgeting Forecasting 52

Spreadym

AUGUST 10, 2023

What is financial reporting software? Financial reporting software refers to specialized tools or applications designed to help organizations generate, manage, and present their financial data in a clear and organized manner. Exporting and Sharing: The ability to export reports in various formats (PDF, Excel, etc.)

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

The Finance Weekly

APRIL 28, 2024

All from within Excel, Connect equips users to import live data from all ERP systems, effortlessly construct reports, and access all ERP data from your spreadsheets. Key Features Datarails Connect offers AI-powered financial data analysis within Excel, providing real-time insights and easing IT burdens.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Invoicing Budgeting Finance 52

The Finance Weekly

APRIL 13, 2024

After aggregating and validating your forecasting data, you can choose between a tabular data presentation or a visual dashboard for sharing insights with stakeholders. Drill-down and audit control allow each finance team to understand and control every aspect of their budget and forecast. Available in selected states.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Invoicing Budgeting 52

Jedox Finance

JULY 11, 2023

5 Other sustainability reporting initiatives in development include those of the International Sustainability Standards Board (ISSB), developed by the International Financial Reporting Standards (IFRS) Foundation. The final ESRS requirements are to be passed as law at the end of July 2023 and no later than the end of August 2023.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Compliance Profit and Loss 52

Centage

JULY 25, 2023

Otherwise, you risk sharing incorrect financial data. Consolidating your financial data across several general ledgers quickly becomes complicated when you use spreadsheets. Fortunately, Planning Maestro offers cloud budgeting and planning software that simplifies the financial consolidation process.

Budgeting 98

Budgeting Financial Planning and Analysis (FP&A) General Ledger Forecasting 98

Future CFO

FEBRUARY 22, 2024

One major benefit is that EPM can act as a central hub, consolidating financial and non-financial data from diverse sources into a single source of truth. For CFOs, it means having all compliance-related data readily available, organised, and accessible at their fingertips.

Financial Planning and Analysis (FP&A) 97

Financial Planning and Analysis (FP&A) Finance Compliance SAP 97

PYMNTS

JULY 11, 2019

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.

Financial Data 49

Financial Data Securities Auditing Compliance 49

PYMNTS

DECEMBER 7, 2017

According to Jake Benson, CEO of back-office software provider Libra , that’s because traditional accounting and auditing software solutions aren’t compatible with blockchain, rendering them unable to access, manage and analyze financial data stored on distributed ledgers. Libra, which recently announced $7.8

Accounting 52

Accounting Auditing Valuation Financial Data 52

PYMNTS

NOVEMBER 15, 2018

That same information is key to alternative and traditional lenders, which need this data to underwrite their financing. Being able to aggregate financial data across platforms and share it securely with the necessary players will be a big step in the transformation of business finance, said Chandi.

B2B 74

B2B Cash Flow Forecasting Corporate Finance Forecasting 74

Planful

APRIL 8, 2019

This is possible through automated data integration with key systems, which bring all of the relevant financial data into a single system. Security and Audit Trails. Examine your EPM system’s audit trail capabilities. Audit trails can help track down the right people when an issue is identified.

Auditing 40

Auditing Finance Financial Data Accounting 40

Centage

OCTOBER 3, 2022

Limited Visibility To conduct financial data analysis, your business needs to test various hypothetical scenarios. Data Security Vulnerabilities Excel spreadsheets may have more data security vulnerabilities than more advanced solutions. A single miscalculation could lead to significant monetary loss.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

CFO Leadership

MARCH 31, 2022

Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. They need global structures, processes and policies that facilitate efficiency, visibility, control, security, and compliance. Five steps to improve global cash visibility.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

JANUARY 16, 2020

The unique secrecy and security of bitcoin and other cryptocurrencies have led to their use by domestic terrorist groups like white supremacists, experts said at a hearing Wednesday for the U.S. House Financial Services Committee. In statements provided to Homeland Security, officials outline their thoughts on the matter.

Finance 52

Finance Auditing Securities Advertising 52

Centage

OCTOBER 3, 2022

To conduct financial data analysis, your business needs to test various hypothetical scenarios. Data Security Vulnerabilities. Excel spreadsheets may have more data security vulnerabilities than more advanced solutions. Fraud can be challenging to prevent if there is a lack of an audit trail with Excel.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52

Musings on Markets

FEBRUARY 4, 2023

Inexperienced (or worse) auditors : Hindenburg notes that the accounts at Adani Enterprises and Adani Total Gas are audited by a tiny and largely unknown auditing firm, Shah Dhandaria, with four partners and eleven employees, some young and inexperienced.

Investments 100

Investments Valuation Auditing Restructuring 100