CFO Thought Leader

APRIL 30, 2024

From his early days in auditing at PwC to his current role as CFO at Prophix, Aaron Levine has had a career that has closely tracked the evolving nature of the financial leadership role. We have a full-suite platform that really spans this elongated, close-to-planning process.

CFO 52

CFO Financial Planning and Analysis (FP&A) Leadership Auditing 52

VCFO

JANUARY 18, 2024

Another important element of dialogue can come via audits. While some may shudder at the thought of audits, an audit team can actually be a helpful sounding board for business decisions related to deferred revenue. Audits can discover previously unseen issues and instill confidence in the company’s strategy.

Auditing 81

Auditing Leadership Construction Invoicing 81

CFO Share

OCTOBER 13, 2023

These components aren’t just indicators of present stability—they forecast future success. Key takeaways for business leaders include: Maintaining an emergency fund for unforeseen expenses Timely collection of accounts receivable Monitoring inventory and purchasing vs. forecasts to avoid overstocking.

Cash Flow Forecasting 52

Cash Flow Forecasting Profit and Loss Forecasting Startups 52

CFO Leadership

OCTOBER 18, 2023

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. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

Finance 52

Finance Accounting Auditing IFRS 52

Future CFO

MAY 5, 2024

Risks in AI ACCA says among the risks of AI in accounting systems include: Impacting decision making without clearly explaining the rationale of the forecast or recommendation An over-dependence on AI procedures in auditing and assurance and a decline in use of human intervention and judgment Concern over AI bias or error in fraud detection, risk assessment (..)

Risk Management 52

Risk Management Leadership Auditing Finance 52

CFO News Room

DECEMBER 16, 2022

Adobe maintained its forecast for the new fiscal year, while announcing a plan to buy hot startup Figma in the quarter. gained access to necessary audit documents. Darden Restaurants — Darden Restaurants dropped 4% despite delivering an earnings and revenue beat for its fiscal 2023 second quarter. exchanges rose Friday.

Technology 130

Technology Auditing Advertising Forecasting 130

VCFO

FEBRUARY 15, 2023

Lee Ann’s depth and breadth of expertise includes board reporting, audit preparation, business plan development, market research and analysis, risk management, and capital requirements. She had complete ownership of financials, reporting, auditing, and compliance for all entities.

Auditing 52

Auditing CFO Risk Management Budgeting 52

PYMNTS

JUNE 11, 2020

In the near term, corporates are looking to mitigate the negative impacts stemming from the global pandemic; in the longer-term, they’re seeking reliable forecasts to plan for a future in a market in which certainty remains painfully low. “All of this has come into play in the last couple of months.”

Economics 77

Economics Accounting Auditing Forecasting 77

Beacon CFO Plus

NOVEMBER 30, 2023

Define Roles and Responsibilities: The CFO typically focuses on financial strategy, planning, and management, while the accounting firm handles compliance, audits, and financial reporting. The CFO should work closely with the accounting firm to provide the necessary information for audits and reporting.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

Future CFO

MAY 31, 2023

S&P forecasts that Asia-Pacific will achieve real growth of 3.5% These allow us to be able to provide the types of financial reporting services ranging from general ledger, accounting, reporting, audit and compliances. in 2023 while Europe and the U.S. will likely face recession.

Finance 98

Finance General Ledger Prioritization Auditing 98

The Finance Weekly

JULY 28, 2022

One of Vena’s customers, , Verra Mobility , claimed that Vena misled them into believing that the Soc 1 Type II report that Verra was given had been audited by an independent auditor. Vena is currently undergoing audits to rectify the situation. SOC reports started in 1992 under the Statement on Audit Standards (SAS).

Auditing 52

Auditing Compliance Budgeting Securities 52

CFO Share

APRIL 2, 2024

Churn and Transition Expense The turnover of an in-house finance manager not only disrupts operations, forecasting, and financial reporting; but also restarts the recruiting/hiring/training expense cycle. CFO outsourcing can cover all tasks an in-house CFO, Finance Director, Controller and accounting team might perform for a small business.

CFO 52

CFO Finance Cost Analysis Forecasting 52

Generation CFO

FEBRUARY 4, 2022

Josh, former auditor at the National Audit Office and former management finance professional at environmental leadership group C40, is big on change – but not the sudden, dramatic kind. . We’ve successfully implemented a new reporting, budgeting & forecasting tool and are now looking at the next systems change.” .

Financial Systems 233

Financial Systems Finance Auditing Leadership 233

Fpanda Club

SEPTEMBER 2, 2021

The list of typical FP&A activities usually includes planning, budgeting, forecasting, analysis, management reporting and performance management. Forecasting is the practice of making regular predictions about the company’s expected future results based on the past and present data as well as on the anticipated future events.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Budgeting 130

Spreadym

MAY 26, 2023

Forecasting and scenario analysis: Budgeting software often includes forecasting tools that help users project their future financial situation based on historical data and planned income and expenses. It offers flexible budget creation, real-time monitoring, forecasting, and variance analysis.

Budgeting 52

Budgeting Forecasting Financial Modeling SAP 52

Accountancy Today

JUNE 23, 2021

He qualified at KPMG in its financial services audit and spent some time in the finance team at Morrisons. He advises on a range of transactions including sales mandates involving trade buyers and private equity; management buy-outs; and supporting businesses through forecasting, business planning and securing growth capital.

Corporate Finance 52

Corporate Finance Finance Auditing Forecasting 52

The CFO College

AUGUST 31, 2021

Using a rolling cash forecast is a value-add service you can provide to assist in cash forecasting. A rolling cash forecast will normally look forward 6 or 9 months, and each month the oldest month is removed and a new month added. The rolling cash forecast is one of many CFO-level skills we teach in our program.

Startups 81

Startups Accounting General Ledger Forecasting 81

Lime Light

OCTOBER 20, 2022

Organizations that are using NetSuite, however, can often find themselves resorting to manual and tedious methods when it comes to financial planning, forecasting revenue, and analyzing financial data.

Budgeting 52

Budgeting Analyzing Data Auditing Financial Data 52

PYMNTS

MAY 29, 2020

Some of the them are from bigger publicly traded firms that returned hundreds of millions after criticism of taking away help from small businesses and the potential of an audit for loans exceeding $2 million. .

Auditing 53

Auditing Treasury Forecasting 53

CS Lucas

MARCH 30, 2021

5 forecast lines . 15 forecast lines . The Business Edition’s unlimited forecast lines, custom dashboards and team rooms help your treasury department work cohesively on one secure platform. Unlimited forecast lines . Maximize your value add by using a treasury management system for free. 2 accounting centres .

Treasury 52

Treasury Forecasting Cash Management Compliance 52

Future CFO

DECEMBER 17, 2023

Exceptions will trigger AI-driven, automated audits to ensure compliance. And while we aren’t quite there yet, I expect that generative AI will have a very compelling use case in forecasting and budgeting. Finance teams spend significant time on financial planning," he said.

SAP 52

SAP Finance Budgeting Data Analysis 52

PYMNTS

SEPTEMBER 20, 2019

. “Our new Fleet solution detects one-off misuse as well as suspicious spend patterns that often go undetected by in-house audit processes. Forty percent said they are challenged to forecast employee spend on cards, including fleet cards.

Auditing 63

Auditing Forecasting Finance Planning 63

KG Virtual CFO

NOVEMBER 8, 2021

A Bookkeeper’s Tasks to record what you spend and gain daily to send invoices and note when you’re paid to develop your financial statements to process the payroll of your employees to give your accountant important information such as your year-end financials and tax documents - and, finally, to prepare books for your accountant An Accountant’s Tasks (..)

Accounting 52

Accounting Auditing Invoicing CFO 52

Bramasol

SEPTEMBER 10, 2023

Predictive Analytics: Predictive analytics are used to forecast and manage potential future issues such as customer churn. Predictive analytics also are used to forecast demand, identify market trends, and optimize supply chain management.

SAP 89

SAP B2C B2B Microsoft Office 89

PYMNTS

NOVEMBER 25, 2019

Forecasts show two-year growth could rocket to $586.9 These are not the final audited financials, and the same will be issued later by the company along with the annual report that we issue every year,” OYO said in a statement. Losses were partially blamed on the company’s rapid expansion , but it was that growth into China, the U.S.,

Profit and Loss 56

Profit and Loss Valuation Auditing Budgeting 56

PYMNTS

DECEMBER 28, 2020

In a worst-case scenario forecast, according to commercial real estate firm CBRE, the take will be much lower at about $70.5 One of the things we do with new clients is conduct a returns audit for them,” Vitarello said. It’s basically an audit of their customer journey and it usually stops at the sale.

Retail 86

Retail Auditing eCommerce Forecasting 86

VCFO

APRIL 21, 2022

He is particularly skilled in strategic planning, resource management, operations management, forecasting, credit and collections, due diligence, financial reporting and documentation, private equity, bank financing, risk management, compliance, and banking relationships. He previously managed finance teams ranging in size of two to 250.

CFO 52

CFO Strategic Planning Auditing Leadership 52

CFO Network

SEPTEMBER 15, 2021

They will audit all of your processes and remove any areas of friction or inefficiency. When these professionals audit your company, they’ll also be able to help you make changes to your technology. It Can Help Keep Your Business in Compliance. Compliance is more important than ever.

Compliance 52

Compliance Auditing CFO Forecasting 52

CFO Talks

MARCH 14, 2024

Moreover, the advent of big data and advanced analytics has armed CFOs with tools to forecast trends, optimize operations, and shape company strategies with unprecedented precision. Technology Audit: List current technologies and data analytics tools in use. Innovation Audit: List recent innovation initiatives and their outcomes.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO Leadership

OCTOBER 10, 2023

And research from Goldman Sachs forecasts that productivity improvements related to generative AI could deliver a 7% boost in global gross domestic product, while increasing productivity growth by 1.5% McKinsey asserts that generative AI will “unleash the next wave of productivity” for businesses and their teams.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

PYMNTS

MAY 11, 2018

The company’s financial results and guidance may be subject to change based on the outcome of the audit committee investigation. For the full year, it is forecasting revenue of between $4.76 Wall Street forecasted, noted the report. Wall Street was expecting Symantec to have a profit of $0.39 a share and revenue of $1.19

Profit and Loss 40

Profit and Loss Auditing Forecasting Securities 40

CFO Simplified

MARCH 20, 2022

Navigate an audit or transaction. For example, developing a cash flow forecast, completing price/cost analyses, performing due diligence on an acquisition, creating a strategic plan for the company, preparing or an exit strategy for the business owner, the list goes on. Optimize strategy. Overcome financial challenges. Raise capital.

CFO 97

CFO Cash Flow Forecasting Strategic Planning Auditing 97

PYMNTS

JUNE 2, 2020

Trust Your Supplier is meant to save time and decrease the risk of errors and fraud by taking a decentralized approach and building a blockchain -based audit trail. for its part, said blockchain is forecasted to support international movement and monitoring of $2 trillion of products and services yearly. Gartner Inc.,

Auditing 57

Auditing Forecasting Technology eCommerce 57

Future CFO

AUGUST 2, 2020

Excel remains the de facto standard for planning – users can quickly, cost-effectively and independently conduct budgeting, and forecasting. By automating important but frequent planning processes, you can react faster and work out fast and accurate budgets & forecast in times of uncertainty.

Planning 40

Planning Reconciliations Budgeting Auditing 40

Future CFO

JULY 19, 2022

This forecast represents a 31% drop in the number of companies going public but a 49% rise in proceeds raised. Beijing Stock Exchange, which supports listings of startups and young, innovative companies, is forecast to have raised around RMB2.8 The IPO market in Hong Kong is forecast to have had 24 new listings raising about HK17.8

Marketing 52

Marketing Valuation Forecasting Manufacturing 52

CFO Share

MARCH 14, 2022

What is the difference between a quality of earnings report and an audit? Audited financial statements focus on compliance with GAAP accounting standards, whereas Quality of Earnings reports focus on the company’s earnings history and potential.

Auditing 52

Auditing GAAP Accounting Principles Profit and Loss 52

The Finance Weekly

OCTOBER 31, 2021

Many of the same financial issues that profit-seeking enterprises face, such as increasing revenue, managing audits, and dealing with compliance, encounter non-profit organizations (NPOs). This could imply more efficient auditing via online financial software that allows for remote audits.

Planning 52

Planning Auditing Nonprofit Accounts Payable 52