This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The Role of IFRS in Simplifying Cross-Border FinancialReporting In todays interconnected world, businesses are no longer confined by borders. While this global reach brings opportunities, it also comes with challengesespecially when it comes to financialreporting. But what does it really mean to be IFRS-compliant?
As a CFO your influence extends beyond financialreports and budgets. How to Handle It: Stand firm on ethical accounting practices and remind decision-makers of the long-term implications of financial misrepresentation. Propose additional governance measures, such as third-party audits, to demonstrate transparency.
They are focusing on driving growth and efficiency to help their companies move faster, benefiting both top line revenue and operational performance,” says Tarek Ebeid, KPMG Private Leader and Partner in Charge – Audit Practice at KPMG US. You can unsubscribe at anytime. In 2024, 31% of U.S. Just over a third (35%) of U.S.
This opportunity allowed me to audit clients like the South African Revenue Service and South African Tourism, as well as manage accounts for Mastercard South Africa. When you’re young, focus on deeply understanding the core accounting principles, financialreporting, and regulatory compliance.
This process isn’t just about catching mistakes; it’s also a critical tool for ensuring the integrity of your financialreporting. This creates an audit trail and ensures transparency. Step 7 - Report Findings Share your reconciliation results with relevant stakeholders and save the documentation for future reference.
This underscores the growing expectation for accountants to ensure accuracy and transparency in non-financialreporting. Employers must invest Continuous learning cannot be shouldered by individuals alone. KPMG's 2025 Asia ESG Survey reveals that 70% of companies now involve finance in ESG data validation, up from 42% in 2022.
Before setting up shop, understand: Which financialreporting standards apply (e.g. Are there statutory audit requirements? What are the filing deadlines, documentation standards, and audit tolerances? Manual workarounds won’t scale and can lead to serious reporting errors. IFRS, local GAAP)?
The CFO must lead a comprehensive clean-up of financialreporting processes. This includes restating prior-period financials where necessary, strengthening internal controls, and ensuring that audit findings are addressed in full. The finance team must be empowered to report accurately and independently.
Reporting Rules That Make or Break Your Reputation Financialreporting is often thought of as the final step in the business process, the box to tick at the end of the quarter or financial year. They understand that reporting, when done right, is not just a reflection of past performance. But that time has passed.
Most finance teams can deliver reports. They can reconcile accounts, update forecasts, and manage audit schedules. That only happens when you have invested in building internal capability. When reporting season, audits, or board meetings come up, mentoring is the first thing to fall away. It Is a Control.
According to the Hitachi Vantara State of Data Infrastructure Survey, there are critical gaps that could undermine the regions AI momentum, despite ambitious investments. Understanding automation tools is also essential, as AI is reshaping processes such as financial planning, risk management, and audit compliance."
Financialreports, investor calls, public updates, and even interviews all feed into the broader narrative about a business. Financial results are not just about earnings per share or cost ratios. A CFO helps stakeholders understand whether a drop in revenue signals a deeper problem or a deliberate investment in future growth.
Keep Every Receipt, No Exceptions Whether its a small office supply purchase or a major equipment investment, maintain records of every expense. This ensures accountability and makes audits or donor inquiries easier to manage. Do You Struggle to Make Sense of Your Financial Statements? Download it for later. Get the free guide!
Dancing with Chaos: Why Smart CFOs Say Yes to Unstructured Work For many years, the role of the Chief Financial Officer was defined by order, certainty, and structure. It was about budgets, forecasts, monthly closes, and audits. Everything had its place. Everything had a process. But something has shifted.
Serving as Group Head of Reporting (UK) at Liquid Telecom, where I helped standardise reporting across regions. Managing full audit functions, raising capital, implementing new accounting systems, and reporting to lenders and boards at several organisations. How do you handle professional challenges?
Exit Readiness : Transparent, governed data enhances financialreporting and ERP systems, positioning companies for IPOs or strategic sales in an improving liquidity environment. Conversely, poor data qualityfragmented systems, incomplete recordscan lead to unreliable AI outputs, undermining investments and delaying exits.
Inconsistent FinancialReporting and Controls: A lack of visibility into financial data, reporting cadence, or compliance frameworks can result in missed targets and stakeholder distrust. Early IT due diligence, followed by a structured integration plan, ensures scalability and data consistency from the outset.
GAAP, common challenges, and important considerations for businesses seeking to accurately reflect their innovation investments in financialreporting. This foundational requirement helps users of the financial statements gauge the level of investment being made in future-oriented growth.
Investing in Employee Development Despite budget constraints, Tiffany emphasized the importance of investing in employee development. Get our FREE GUIDE to nonprofit financialreports, featuring illustrations, annotations, and insights to help you better understand your organization's finances. Get the free guide!
Dan Kitwood via Getty Images Dive Brief: Nearly one in four (23%) CFOs anticipate their treasury departments will accept cryptocurrencies as a payment method, or purchase such assets as investments, within the next two years, according to a recent survey by Big Four firm Deloitte found. You can unsubscribe at anytime. TechTarget, Inc.s
Warren called out President Donald Trump personally for his myriad dealings in the crypto industry, including issuing his own memecoin, having a portfolio of crypto investments, and (for his sons) owning a bitcoin mining company. You can unsubscribe at anytime. But it’s not illegal either. Sign up A valid email address is required.
Daily Dive M-F Tech Weekly Every Tuesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Informa PLCs registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. TechTarget, Inc.s registered office is 275 Grove St. Newton, MA 02466.
Do More With What You Have Leverage CFO Leadership Build A Strong Financial Foundation Update Your Technology Track The Right KPIs Position Your Business Effectively for Investment Companies that achieve their objectives and outperform their competitors – know how to seamlessly blend strategy and execution in the pursuit of their goals.
The Fed got validation this morning with PCE coming in a little higher than expected,” Scott Helfstein, head of investment strategy at Global X, said in a client note. Daily Dive M-F Tech Weekly Every Tuesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime.
Security programs that fail to align with operational, financial, and regulatory stakes are simply ineffective,” Mayuresh Ektare, vice president of product management at Qualys, said in a blog post on the research. You can unsubscribe at anytime. Informa PLCs registered office is 5 Howick Place, London SW1P 1WG. TechTarget, Inc.s
Published July 28, 2025 Jim Tyson Senior Reporter post share post print email license Business people wait for a job interview. Only 2% to 3% of respondents to the NABE survey said their companies will increase hiring or investment in the U.S. Their uncertainty may be holding businesses in a neutral state,” Hepp said.
The survey findings show a clear link between AI maturity and return on investment, according to the report. Daily Dive M-F Tech Weekly Every Tuesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Sign up A valid email address is required. TechTarget, Inc.s
ERP systems help automate compliance reporting, carbon footprint tracking, and environmental audits. Government Mandates : Governments are introducing stricter regulations for reporting, carbon management, and renewable energy integration.
In other words, the company’s ability to balance heavy AI investment with margin expansion shows it can scale efficiently into FY26, regardless of external challenges,” he added. Daily Dive M-F Tech Weekly Every Tuesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime.
Published July 29, 2025 Alexei Alexis Reporter post share post print email license Viorika via Getty Images Dive Brief: Corporate investments in artificial intelligence have soared over the past year as AI agents have added new fuel to the market’s momentum, according to survey findings released Tuesday by Ernst & Young.
Concern about tariffs has discouraged business investment, Williams said. All told, concerns about tariffs have been widespread, resulting in a reported pullback on capital spending.” Daily Dive M-F Tech Weekly Every Tuesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. TechTarget, Inc.s
Edlow asserted that the system that is now a lottery should favor companies who pay foreign workers higher wages, according to the report. Daily Dive M-F Tech Weekly Every Tuesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Registered in England and Wales.
Daily Dive M-F Tech Weekly Every Tuesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Informa PLCs registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. TechTarget, Inc.s registered office is 275 Grove St. Newton, MA 02466.
The Trump administration’s back-and-forth approach to tariff negotiations has prompted companies to forgo hiring and investment, economists said. Daily Dive M-F Tech Weekly Every Tuesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Registered in England and Wales.
Do you know how audits can enhance the investment decision-making process? This short video explains how accurate, reliable and transparent financialreporting keep capital markets operating effectively.
Contrary to what many people envision, a nonprofit audit doesn’t usually start with a letter from the IRS. Instead, an independent nonprofit audit is something you choose to build trust in your nonprofit organization. An audit can be a critical step for a growing nonprofit that needs to raise increasing amounts of funds.
Discover how SAP solutions lay a solid foundation for audits and next level PCAOB or AICPA compliance reviews. For any public company, the goal of successfully complying with periodic financial reviews by external auditors cannot be overstated.
Financialreporting is a critical task for any organization. Understanding where your actual financials stand in relation to budgets and projections is important to keeping your business on track and in helping to create new projections and budgets. When using spreadsheets for financialreporting, these errors are amplified.
Building Robust IT Systems for FinancialReporting As financial operations become increasingly complex, having the right IT infrastructure in place is no longer just a back-office necessity—it’s a strategic advantage.
Ernst & Young ( EY ), the global accounting firm hired to verify Wirecard’s financials, failed to request crucial information from a Singapore bank where the German payment processor claimed it had up to 1 billion euros ($1.1 billion) in cash, the Financial Times reported. OCBC declined to comment, the paper reported.
While 62% of organisations expect external audit fees to rise this year, they could combat this by automating their internal controls, said Gartner recently when releasing results of a survey of 166 publicly traded and privately held external audit firm clients across industries in March-April of 2021.
Editor’s note: Audit is much more than a compliance requirement and is definitely not a declining industry, said Narissa Chen (pictured), Partner, Head of Audit & Assurance, Forvis Mazars in Singapore. She shared with FutureCFO what a career in audit offers and how female professionals can become audit leaders.
We organize all of the trending information in your field so you don't have to. Join 39,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content