The Charity CFO

MARCH 13, 2025

Heres How to Prepare The financial landscape for nonprofits is shifting, and the pressure is mounting. With government funding and donor contributions facing heightened scrutiny, nonprofit leaders must ensure their financial systems are rock solid. This ensures accountability and makes audits or donor inquiries easier to manage.

Nonprofit 52

Nonprofit Auditing Compliance Leadership 52

CFO News

NOVEMBER 14, 2024

The National Financial Reporting Authority (NFRA) proposes aligning Indian audit standards with global norms by April 2026. The chairman emphasized this as a major reform for corporate governance and attracting investors, ensuring a transparent financial system in India's journey to becoming a developed nation.

Auditing 40

Auditing Financial Systems Financial Reporting 40

E78 Partners

NOVEMBER 11, 2024

Specialized Financial Projects: For short-term, project-based needs like implementing new financial systems, managing audits, or optimizing financial strategies. Hiring an interim CFO gives your company instant access to targeted leadership that delivers quick, effective results for specific obstacles.

Leadership 52

Leadership CFO Restructuring Strategic Planning 52

CFO Strategic Partners

APRIL 14, 2025

Whether you hire internally, work with an interim CFO, or use fractional CFO services, the right partner will help you cast a SOLID financial vision, strategically manage cash flow, assemble the right team, and structure your financial systems and processes for the best outcomes. Latest insights Leadership 05.29.25

Cash Flow Forecasting 40

Cash Flow Forecasting Leadership Auditing CFO 40

CFO Talks

MAY 14, 2025

Integrating non-financial KPIs – such as ESG outcomes, compliance history, and even ethical leadership behaviourssends a clear signal that how results are achieved matters just as much as what is achieved. Similarly, financial systems should support transparency, not obscure it.

Numbers 52

Numbers CFO Leadership Compliance 52

Barry Ritholtz

NOVEMBER 26, 2024

The funds are audited by big four auditors in our case it’s KPMG They’re administered by firms like Bank of New York. Sort of the core idea of DeFi is that the existing financial system is too slow, too intermediated, too costly. Moving into the traditional financial system. And you’re seeing it.

Investments 59

Investments Currencies Financial Systems Marketing 59

PYMNTS

JUNE 22, 2020

Because Wirecard did not release its audited annual results (for 2019) last week, the loans could be called in. Additionally, the central bank of the Philippines has said that the missing funds had never entered the financial system at all. The firm has hired Houlihan Lokey, an investment bank, to try to find financing. .

Auditing 77

Auditing Banking Financial Systems Financial Data 77

Trade Credit & Liquidity Management

MARCH 27, 2025

Being fully backed on a 1:1 basis with the peso ensures stability and transparency—reserves are regularly audited, with public attestation reports available. Because Juno operates independently with strict operational controls and regular audits, Bitso hopes to build customer trust in the ecosystem.

Auditing 52

Auditing Currencies Financial Systems Leverage 52

PYMNTS

JUNE 1, 2017

NICE Actimize, a company that offers corporate software to safeguard financial systems, is targeting corruption and bribery for its enterprise clients. But at least a third of the identification of these bribery and corruption schemes in corporations comes from audit and accountancy.”.

Auditing 40

Auditing Financial Systems Analyzing Data Entertainment 40

Future CFO

FEBRUARY 2, 2025

Charlie Cheah , managing director, Esker Asia , believes that CFOs and in a bigger context, the Office of the CFO in Asia, face several challenges when integrating AI into financial systems, given the region's diverse technological landscape. "In

Accounts Payable 52

Accounts Payable Accounting Invoicing CFO 52

Global Finance

AUGUST 13, 2024

For hundreds of years, there was no need for Islamic finance because there was simply no financial system to “Islamise.” The idea was to provide an ethical alternative to the Western-dominated international financial system based on the Quran. The fourth installment of a Global Finance FAQ web series on Islamic finance.

Finance 52

Finance Financial Systems Construction Auditing 52

PYMNTS

MARCH 5, 2019

Last year, the Indian financial system was affected by a $2 billion fraud at Punjab National Bank (PNB), where business related to a billionaire jeweler and his uncle received unauthorized credit guarantees through SWIFT. One of the rules required banks to connect with the SWIFT messaging system for banks by April 30 of 2018.

Compliance 56

Compliance Banking Auditing Financial Systems 56

CFO Talks

SEPTEMBER 26, 2024

Compliance with FICA helps safeguard businesses from financial crime risks and enhances the integrity of South Africa’s financial system. An audit checklist should include financial reporting, tax compliance, labor law adherence, and industry-specific requirements.

IFRS 52

IFRS Compliance Auditing Financial Reporting 52

PYMNTS

JANUARY 30, 2019

The investigation found that Standard Chartered’s traders used illegal tactics to maximize profits or minimize losses at the expense of the bank’s customers, or customers at other financial institutions (FIs). The bank also agreed to provide the DFS with ongoing progress reports to prove that it is meeting the objectives.

Profit and Loss 51

Profit and Loss Foreign Exchange Compliance Auditing 51

Bramasol

JULY 26, 2024

Integration of Systems: Ensuring seamless integration between different financial systems or standalone software can be challenging, causing delays and errors in data transfer. GAAP, IFRS) for various countries and ensuring accuracy in financial reporting can add significant complexity and time to the close process.

SAP 91

SAP IFRS GAAP Compliance 91

PYMNTS

JULY 10, 2020

The incident has spotlighted a series of bad loans and too few controls that would protect lenders from misconduct that plagues the country’s financial system, the newspaper reported. The bank was doing a routine audit of its dealings with the company when it came to light that it was scammed.

Banking 53

Banking Auditing Financial Systems Securities 53

PYMNTS

MARCH 22, 2019

DNB said that fighting economic crime was a priority and that during an audit it hadn’t found any concrete examples of any violations. Nordic banks are the bedrock of the Baltic financial system, and during the economic crisis in 2009, Swedish krona and banks were the ones that got hurt the most.

Auditing 55

Auditing Banking Economics Financial Systems 55

Global Finance

OCTOBER 10, 2024

Bangladesh has suffered years of financial system dysfunctionality. Still, the full extent of the malfeasance of Hasina’s Awami League regime is set to emerge, as Mansur described the “designed robbery of the financial system” in a BBC interview given shortly after his appointment. It cut benchmark rates to a record 0.5%

Benchmarking 98

Benchmarking Foreign Exchange Forecasting Economics 98

PYMNTS

AUGUST 21, 2019

Finally, Flynn said, a “tight integration with the client’s financial system” will allow users to work with invoices, sales orders and supporting documents directly from their financial system screens. AP automation solutions help firms manage their financial systems in accordance with the law.

Accounts Payable 46

Accounts Payable Invoicing Financial Systems Compliance 46

CFO Share

APRIL 11, 2024

Why Are Cybersecurity Threats a Risk : Small businesses often lack the resources and knowledge for comprehensive cybersecurity measures, leaving them vulnerable to attacks that can compromise financial systems. Outsourced IT companies (MSP’s) do audit services to help identify these risks.

Securities 52

Securities CFO Invoicing Education 52

The Charity CFO

MARCH 2, 2022

She focuses on helping new clients feel more confident about their financial records by re-engineering financial systems and minimizing opportunities for errors. You used to audit nonprofit organizations back in the day, similar to me, but while I was the CFO of a nonprofit, you were my auditor. Why are they off?

Nonprofit 89

Nonprofit Auditing Reconciliations Accounting 89

Future CFO

SEPTEMBER 3, 2023

I also found that I love audit, being able to use professional skepticism to question the workpapers and ensure integrity in the financials. Further into my career at Sloan Financial Group and then Cox Communications, my passion for process optimisation began to take the forefront.

Leadership 52

Leadership Finance Problem Solving Financial Systems 52

Michigan CFO

MAY 27, 2025

The companys financial system was functional, but basic. Cost Control Recurring expenses were audited and reduced; capital expenditures were prioritized and planned with more discipline. Like many shop owners, he wore both hats: leading the business by day, managing the books by night.

Cash Flow Forecasting 52

Cash Flow Forecasting CFO Manufacturing Leadership 52

CFO Plans

OCTOBER 9, 2024

Discover Tax Efficiency Strategies with CFO Plans The Necessity of Scalable Financial Services Integrating scalable financial services is vital for businesses looking to expand. These services offer the infrastructure needed to efficiently manage back-office financial management, ensuring tax compliance doesn’t hinder growth.

Compliance 52

Compliance Tax Planning CFO Concentration 52

E78 Partners

NOVEMBER 11, 2024

Specialized Financial Projects: For short-term, project-based needs like implementing new financial systems, managing audits, or optimizing financial strategies. Hiring an interim CFO gives your company instant access to targeted leadership that delivers quick, effective results for specific obstacles.

Leadership 52

Leadership CFO Restructuring Strategic Planning 52

E78 Partners

NOVEMBER 11, 2024

Specialized Financial Projects: For short-term, project-based needs like implementing new financial systems, managing audits, or optimizing financial strategies. Hiring an interim CFO gives your company instant access to targeted leadership that delivers quick, effective results for specific obstacles.

Leadership 52

Leadership CFO Restructuring Strategic Planning 52

PYMNTS

JULY 11, 2019

“Or, you could try to implement some sort of certification program or an audit process. Just days after the Libra announcement, the House Financial Services Committee called on Facebook to halt all development until Congress and federal regulators could investigate how the crypto might cause danger to the global financial system. “If

Financial Data 49

Financial Data Securities Auditing Compliance 49

Adam Kae

SEPTEMBER 30, 2023

Documenting your payroll process will also help you with audits down the line, and you can identify any weak points along the process. We recommend a tax preparer for the job since, as previously mentioned, federal and state taxes can get a bit complicated. It just makes life much easier for everyone involved.

CFO 52

CFO Auditing Securities Investments 52

PYMNTS

APRIL 7, 2017

As part of the new law that has “legalized” bitcoin in Japan, the nation’s Financial Services Agency has put capital requirements, along with cybersecurity and operational stipulations, in place for bitcoin exchange.

Currencies 41

Currencies Accounting Standards Auditing Retail 41

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

APRIL 10, 2017

Japan’s Financial Services Agency has established capital requirements, along with cybersecurity and operational stipulations, as part of the deal with bitcoin’s new status as a “legalized” payment method. Additionally, bitcoin exchanges in Japan will now be required to conduct employee training programs and submit to annual audits.

Currencies 43

Currencies Accounting Standards Construction Auditing 43

The Charity CFO

NOVEMBER 23, 2022

CFAs are best known for investment analysis and wealth planning, CPAs for tax preparation and financial statement auditing, and CFPs for financial planning. As nonprofits become increasingly reliant on technology, finance directors must have experience working with and integrating various financial systems and software programs.

Nonprofit 52

Nonprofit Finance Strategic Planning Budgeting 52

Planful

MAY 4, 2017

At a minimum,, the new CFO should have contact with the head of the audit committee. Assessing the Finance staff, processes, and systems that are in place is clearly critical in CFO best practices and during the first 90 days to be a successful CFO.

CFO 40

CFO Planning Forecasting Budgeting 40

Onplan

NOVEMBER 30, 2022

Because it’s from the same vendor, Adaptive works best with Workday Financial Management and Human Capital Management. While it’s an excellent modeling tool for users that already use Workday for all their financial systems, Adaptive can cause friction for those that don’t. Custom dashboards and reporting.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 52

PYMNTS

JANUARY 23, 2017

This is especially helpful in making sure that transactions are auditable, he said, with consistent verification of data along each stop along the supply chain. Companies, said Almond, need to be able to trust other parties in transactions that take place within the financial system. It’s written once, and it is there forever.”

B2B 56

B2B Auditing Financial Systems Securities 56

PYMNTS

APRIL 29, 2016

Bitcoin can be used to finance the shadow economy and crimes, and this risk we cannot allow in the Russia’s financial system, which we are striving to make transparent and healthy,” the press service of the central bank said in an email, according to a Bloomberg report. That included security reviews and audits.

Currencies 42

Currencies Securities Auditing Finance 42

Barry Ritholtz

NOVEMBER 7, 2023

How, 00:15:40 [Speaker Changed] How hard is it to show those audited returns? And he says things like Bitcoin is a flock of cyber, hornets stinging the financial system to death. So when I started looking into it, they had 50 billion tether tokens. The, it’s not even return on investment, here’s our $50 billion.

Numbers 64

Numbers Profit and Loss Banking Finance 64