CFO Talks

NOVEMBER 25, 2024

Identifying and Overcoming Ethical Dilemmas in Business In the corporate world, numbers might drive decisions, but values define leadership. Escalate concerns to the audit committee or external advisors if internal discussions don’t resolve the issue. As a CFO your influence extends beyond financial reports and budgets.

Leadership 98

Leadership Auditing Profit and Loss Compliance 98

PYMNTS

JUNE 29, 2020

The number of tax audits on corporations plunged amid the pandemic, with the IRS saying in the National Taxpayer Advocate’s “Objectives Report to Congress” report for Fiscal Year 2021 that it began 716 corporate examinations from April 1 to June 1 this year compared to 2,445 during the same time last year, a 71 percent drop.

Auditing 69

Auditing Treasury Numbers 69

CFO Talks

NOVEMBER 29, 2024

This early encouragement played a key role in shaping my future, as it introduced me to the world of business and numbers. 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. The sense of relief and pride was overwhelming.

CFO 95

CFO Auditing Leadership Finance 95

Future CFO

MAY 11, 2025

Editors note: In todays A Day in the Life , Nguyn Trung Ngn (pictured), tax senior manager at Deloitte Vietnam , shares with FutureCFO audiences how leading a complex transfer pricing audit for a multinational client became pivotal for her career and how her passion for public writing became one of her greatest sources of inspiration.

Leadership 98

Leadership Auditing Education CFO 98

CFO Talks

APRIL 16, 2025

As a CFO, youre not just crunching numbers. Beyond the Boardroom: What Governance Really Looks Like Good governance doesnt start and end with your annual board calendar or the independence of your audit committee. Governance isnt just the CEOs jobits lived in the numbers you approve and the people you lead.

Auditing 52

Auditing Compliance CFO Leadership 52

PYMNTS

MAY 1, 2020

Before the forgiveness … comes the audit. And audits, as we all know, strike fear into the hearts of, well, pretty much everyone, whether financial wrongdoing has been in the cards or not. As we found in the latest “ Main Street on Lockdown ” study, a growing number of SMBs are opting to apply for funds.

Auditing 71

Auditing Economics Treasury Numbers 71

Future CFO

AUGUST 5, 2024

A new study from the Chinese University of Hong Kong (CUHK) Business School found that the smart contract audit market is thriving, with new technical audit firms leading this. The research provides valuable insights into the factors driving the growth of this market and the role of audits in mitigating risks for investors.

Auditing 52

Auditing Marketing Education Finance 52

CFO Talks

JUNE 3, 2025

He instructs his managers to spend no more than 10 percent of their time on accounting and the rest interpreting what the numbers mean. The United Kingdoms National Audit Office has advised public entities to adopt rolling forecasts and scenario-based planning, particularly in uncertain environments.

Leadership 52

Leadership CFO Finance Auditing 52

https://trustedcfosolutions.com/feed/

FEBRUARY 9, 2023

Getting audited isn’t something businesses look forward to. Audits cost your business hundreds and thousands of dollars, taking up countless hours researching transactions and data logs, or painstakingly tracking down supporting documentation. Here’s how: Next-Level Efficiency: Streamlining the Audit Feel prepared for your next audit.

Auditing 57

Auditing CFO Compliance Accounting 57

Global Finance

JUNE 23, 2025

For instance, if an employee requests a payroll update or a supplier emails to change bank details, confirm the request by calling back using a verified number on record. Audit your internal processes Regularly review internal workflows to identify weak points that could be exploited through human error or fraud.

Communication 97

Communication Auditing Investments Banking 97

CFO Talks

MAY 29, 2025

While many CFOs focus on getting the numbers right, those who truly lead focus on getting the reporting right. Its not just about avoiding penalties or surviving the audit. Adjustments are made late in the process to get the numbers right, but the audit trail is messy or missing. Documentation is incomplete.

IFRS 52

IFRS Compliance Auditing CFO 52

CFO Talks

APRIL 15, 2025

Someone who knows the numbers inside out, can explain the movements, and understand what those numbers mean for the business. Youll hear things like, Ops didnt send their numbers in time, or Thats not my line, I just posted what I was given. Automated workflows, audit trails, and shared dashboards all create transparency.

Accounting 52

Accounting Forecasting Auditing Compliance 52

The Charity CFO

MAY 6, 2022

Those numbers may be skewed by some outliers, like education, but, regardless, there is still a lot of federal money up for grabs. You have an active Employer Identification Number (EIN), which would be issued and maintained by the IRS. You have been issued a DUNS number (Data Universal Numbering System).

Nonprofit 114

Nonprofit Auditing Financial Systems CFO 114

CFO Talks

JUNE 20, 2025

They make progress, especially in environments where pressure is high, morale is fragile, and everyone is desperate for a sign that the numbers are finally moving in the right direction. Share the numbers. They prove that the plan is working. Progress Is a Powerful Motivator When people see progress, they start to believe again.

Finance 52

Finance Auditing CFO Reconciliations 52

Future CFO

MARCH 27, 2024

Despite concerted efforts, the accountancy profession is struggling to attract and retain talent , and at the same time is facing declining number of entrants, a joint study by the Association of Chartered Certified Accountants and the Chartered Accountants Australia and New Zealand finds. Career ladder and variety of work.

Numbers 52

Numbers Accounting Auditing Communication 52

CFO Talks

JUNE 10, 2025

They can reconcile accounts, update forecasts, and manage audit schedules. When reporting season, audits, or board meetings come up, mentoring is the first thing to fall away. Examples include presenting the board pack without assistance, managing an audit query independently, or leading a monthly close process across departments.

Auditing 52

Auditing CFO Finance Leadership 52

CFO Talks

NOVEMBER 12, 2024

From strategic leadership lessons to tips for aspiring CFOs, join us as we delve into the story of a finance professional who is not only driven by numbers but also by a passion for growth, mentoring, and global expansion. Fascination with numbers and financial markets.

CFO 52

CFO Corporate Finance Auditing Leadership 52

CFO Talks

MARCH 26, 2025

The professionals you really want the ones who understand both compliance and strategy, who can hold their own in front of auditors, and who arent afraid to challenge the numbers theyre in demand. They can work anywhere. So why would they choose you? The companies attracting (and keeping) top financial talent arent just paying well.

Finance 52

Finance Leadership Auditing Compliance 52

CFO Talks

MARCH 5, 2025

If there are differences, it can lead to problems during audits or inspections. If the data is incorrect or unclear, the company may face penalties or extra audits. Double-check numbers before submission Errors in financial reports can lead to legal issues, so its important to check everything carefully.

IFRS 52

IFRS Auditing Compliance Financial Data 52

The Charity CFO

NOVEMBER 30, 2023

Does the idea of an audit from the IRS leave you with sweaty palms? Most nonprofit leaders aren’t accountants and the thought of getting audited is a sizable fear. Luckily, being prepared can help you avoid accounting mistakes that could come up in a nonprofit audit. The investment now will save you in the future.

Nonprofit 52

Nonprofit Auditing Compliance Accounting 52

The Charity CFO

MAY 12, 2025

Theyre the people who spot errors in a sea of numbers and ensure the books are airtight and audit-ready. Its important to understand that this role requires a unique mindset: someone detail-oriented, systems-focused, and organized to the core. When the structure isnt there, the stress compounds and chaos creeps in.

Nonprofit 93

Nonprofit Accounting Leadership Reconciliations 93

PYMNTS

AUGUST 7, 2020

In addition, as the number of digital transactions rises, so do disputes. The 2019 audit found that the personal data held by the nation’s primary digital payments system, which is operated by the RuPay card network, was vulnerable. In response, NPCI said it routinely conducts audits and fixes any vulnerabilities.

Banking 106

Banking Auditing Numbers Securities 106

CFO Talks

APRIL 8, 2025

Julius shares his career journey, from his early passion for numbers to his experiences working across borders. My passion for numbers and the accounting profession motivated me to join finance. Yes, I worked in Rwanda as an audit assistant, auditor, and later accountant. 0600hrs How do you spend the first hour of your day?

CFO 52

CFO Leadership Auditing Finance 52

E78 Partners

APRIL 16, 2025

Our methodology is rooted in financial rigor and operational discipline, combining detailed audits, vendor negotiations, and real-time data intelligence to deliver meaningful, sustained results. The Numbers Behind the Value This approach isnt theoreticalits proven.

Technology 52

Technology Auditing Invoicing Benchmarking 52

CFO Talks

MARCH 25, 2025

The Real Cost of Dirty Data Lets say your monthly numbers are off because someone pulled figures from the wrong version of a spreadsheet. You spend hours reconciling, re-checking, and trying to figure out which number to trust. CEOs trust finance leaders who consistently deliver reliable numbers.

CFO 52

CFO Reconciliations Finance Auditing 52

CFO Thought Leader

DECEMBER 10, 2024

Precision involves rigorous financial processesclean audits, timely closes, and granular understanding of key metrics. But numbers alone dont drive results. Ultimately, our approach is about solving genuine pain points and delivering real value, not just chasing a large market number.

CFO 52

CFO Leadership Prioritization Auditing 52

Beacon CFO Plus

JUNE 4, 2025

Before we talk about numbers, its important to define the scope of the role. Best for: Financial reviews or audits One-time funding events Short-term consulting 2. Lets break down the typical cost of a CFO for small businesses and what you can expect depending on the structure of your engagement. Guide financial decisions and strategy?

CFO 52

CFO Budgeting Forecasting Auditing 52

Collectiv

MAY 19, 2025

Why Business Users Need This Business leaders know their numbers. Fix: Use Entraroles, row-level security, and audit trails to keep things safe and traceable. For finance, it means less manual effort and more trusted numbers. Planning in Power BI enabled secure write-back and audit trails. They understand the drivers.

Forecasting 52

Forecasting Planning Budgeting Auditing 52

E78 Partners

SEPTEMBER 28, 2023

A large number of professionals are leaving their current roles for work life balance and increased compensation despite tenure and growth potential in their current roles. The post Interim Solutions for Enhanced Budgeting, Year-End, and Audit Preparation in a Competitive Talent Market appeared first on E78 Partners.

Auditing 59

Auditing Budgeting Marketing Leverage 59

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. . The number of people who interact with us who say their problems are causing them stress or anxiety is extremely high.” .

Financial Systems 233

Financial Systems Finance Auditing Accounting 233

CFO Thought Leader

OCTOBER 29, 2024

Looking back, Gronen tells us his involvment with M&A began during his time at Alltel, where he contributed to a number of M&A transactions. During financial audits, Yooz makes it easy to retrieve invoices and provide documentation to auditors. Another key advantage is traceability.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) CFO Finance Profit and Loss 52

CFO Talks

NOVEMBER 21, 2024

The ability to analyze numbers and translate them into actionable strategies has always intrigued me. Early in my career, I realized that finance is not just about managing numbers—it’s about empowering organizations to make informed decisions, optimize resources, and achieve long-term goals.

CFO 98

CFO Leadership Problem Solving Communication 98

CFO News Room

JANUARY 6, 2023

We also have a number of articles on practice management: Why the most successful firms in the coming years might be those who dominate individual market segments rather than those that are ‘overdiversified’. How a ‘time audit’ can help an individual spend more time on their most important personal and professional activities.

Practice Management 130

Practice Management Auditing Planning Investments 130

CFO News Room

DECEMBER 24, 2022

We have found that performing a customer-base audit is a fundamental catalyst for change. What is a Customer-Base Audit? A customer-base audit is a systematic review of the buying behavior of a firm’s customers using data captured by its transaction systems. This will reside somewhere in your company’s operational IT system.

Profit and Loss 130

Profit and Loss Auditing Planning Retail 130

Nerd's Eye View

JULY 31, 2024

First, the SEC will request information on the firm itself, including organizational charts, employee roles and responsibilities, financial statements, and/or any legal action against the firm that is pending or settled.

Auditing 98

Auditing Compliance Advertising Communication 98

Accountancy Today

JULY 15, 2022

UK company insolvencies have jumped 70%, from 11,261 to 19,191 in the last year according to Mazars, the international audit, tax and advisory firm. Mazars said that businesses are finding it “increasingly difficult” to refinance their debts at a competitive rate and the number of businesses that go into insolvency is expected to rise.

Construction 124

Construction Auditing Economics Numbers 124

CFO Talks

JUNE 4, 2025

Framing the Numbers Is Just as Important as Reporting Them Numbers do not speak for themselves. The best CFOs do not just focus on clean audits. You are not just responsible for the numbers. You are not just presenting numbers. Worse, they may be viewed as hiding something. Someone needs to give them meaning.

CFO 52

CFO Compliance Communication Leadership 52