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When Does Your Nonprofit Need an Audit?

The Charity CFO

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.

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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. As AI permeates finance, questions about its compliance with audits and financial governance will arise.

Finance 95
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Collaboration Key To Combat Corporate Financial Reporting Fraud

PYMNTS

Companies are sharing leading practices and voluntarily working with regulators to help deter and detect financial reporting fraud,” said City Fornelli, executive director of the Center for Audit Quality, on behalf of the Anti-Fraud Collaboration. Institute of Internal Auditors President and CEO Richard F.

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TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. As AI permeates finance, questions about its compliance with audits and financial governance will arise.

Finance 52
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How You Can Set a Highly Ethical Example in Financial Leadership

The Finance Weekly

Finance leaders can and should take a leadership role cultivating their company’s ethical competencies and addressing its unique challenges. Quality Financial Reporting: Given their utmost criticality, financial closings have to be completed accurately and efficiently. Tackling the Issue of Ethics.

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5 Habits of Highly Effective CFOs

The Finance Weekly

Facilitate risk management, audits, and research. Spot investment and financial planning prospects. Participate in board meetings and furnish comprehensive financial reports and suggestions to company leadership. Collaborate with executives and department heads on budget development and oversight.

CFO 52
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The future of sustainability reporting in the finance function

Future CFO

"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