PYMNTS

JANUARY 30, 2019

The New York Department of Financial Services (DFS) announced it has fined Standard Chartered $40 million for attempting to rig transactions in foreign exchange (FX) markets between 2007 and 2013. 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

PYMNTS

AUGUST 19, 2016

Inter-company accounting , says Deloitte, is suffering from a lack of transparency and accuracy, and Tom Toppen from Deloitte’s inter-company accounting team informed PYMNTS how the negative implications of this go beyond a troublesome audit. The Root Of The Problem. ” How To Fix It. . ” How To Fix It.

Foreign Exchange 40

Foreign Exchange Auditing Treasury Accounts Payable 40

Global Finance

OCTOBER 10, 2024

The political turmoil fuelled a spike in inflation, which hit 11.66% in July amid fast-dwindling foreign exchange reserves. Riel stabilization has been achieved by prudent circulation management and foreign exchange market intervention, usually involving selling US dollars versus the domestic unit on the open market.

Benchmarking 98

Benchmarking Foreign Exchange Forecasting Economics 98

PYMNTS

NOVEMBER 13, 2019

With Direct Debit, users can collect international recurring payments, with foreign exchange handled by TransferWise. In June, corporate audit and accounting company PwC expanded its existing collaboration with Xero. Stripe integration makes it easier for businesses to accept credit cards, debit cards or Apple Pay.

Foreign Exchange 46

Foreign Exchange Invoicing Auditing Accounting Firms 46

PYMNTS

MARCH 27, 2017

The bank said it has “immediately started comprehensive internal and external audits in order to clarify the causes of the incident in detail and to draw the corresponding conclusions.” In June of 201,5 Deutsche Bank’s foreign exchange unit sent $6 billion to a hedge fund client by accident.

Foreign Exchange 40

Foreign Exchange Auditing Banking Securities 40

Global Finance

OCTOBER 31, 2024

Offerings include corporate accounts, cross-border yuan settlement, litigation services, and foreign exchange trading. Some 46,000 CCB ATMs now allow cash withdrawals with foreign credit cards, and the bank has implemented coin-specific cash services for taxis and other public transportation providers.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Risk Management Manufacturing Banking 52

Future CFO

MARCH 30, 2020

Assess whether the audit will be completed in time for filing the financial statements. Foreign exchange volatility: ask how this will look in the accounts. 2020 is when the biggest impact will be felt in accounting terms, and policies will need to be reconsidered in light of C19.

Foreign Exchange 40

Foreign Exchange Accounting Auditing Valuation 40

Future CFO

JUNE 16, 2025

On top of that, Chung says foreign exchange risk and tighter margins mean working capital is back in the spotlight. Digitising approval workflows means less time chasing down emails, especially during audits, and tools that detect anomalies in real-time can flag suspicious payments before they are processed, providing peace of mind.

Profit and Loss 59

Profit and Loss Finance Reconciliations Forecasting 59

Creative CFP

OCTOBER 2, 2020

It makes any query and audit way easier than before. When you pay the foreign supplier or receive money from a foreign client, Xero calculates the foreign exchange profit and loss and posts the journals automatically. All of this is then saved securely on the cloud. Fixed assets are a breeze.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

PYMNTS

MARCH 1, 2019

The embezzlement lasted between 2008 and 2014 when she had been acting as controller, partially by manipulating foreign exchange transactions and through corporate credit cards. Among them, AppZen has logged more than 1,000 customers using its auditing technology, which is used to examine expense reports.

Auditing 43

Auditing Foreign Exchange CFO Numbers 43

CFO News Room

JANUARY 13, 2023

But while Jali claimed he could multiply their money by as much as 35% through cryptocurrency and foreign exchange investments, prosecutors say it was simply an unholy scam. A cash cow for big insurers , the for-profit version of Medicare has not been a great deal for the American public.

Education 130

Education Auditing Economics Foreign Exchange 130