CFO Talks

MARCH 14, 2024

This follow-up article delves into how CFOs can effectively manage their diverse responsibilities, from prioritizing tasks to fostering innovation and leading their companies through transformational change. As organizations face new challenges and opportunities in a changing world, the role of the CFO will continue to expand and evolve.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO News Room

JANUARY 18, 2023

Here are the nine workplace predictions, based on Gartner research , that highlight the aspects of work that leaders must prioritize over the next 12 months. This includes being more transparent about how they are using AI, publicizing their audit data, and giving employees and candidates the choice to opt out from AI-led processes.

Prioritization 130

Prioritization Auditing Education Communication 130

CFO News Room

JANUARY 29, 2023

By thinking about his team’s needs, rather than prioritizing his value around transparency, Jon moved from feeling like a fraud to feeling good about showing up for his team in the ways they needed. Do an emotional audit. Do an emotional audit and ask yourself: What am I feeling? Where do I feel it in my body?

Leadership 130

Leadership Auditing Prioritization Planning 130

Nerd's Eye View

APRIL 7, 2023

Also in industry news this week: FINRA has announced that, on the heels of its first enforcement action under the Reg BI rules, it will be ramping up its examinations of broker-dealers for potential violations (after a long period of relative leniency when firms were still determining how best to comply with the rule) A recent study from Ameriprise (..)

Prioritization 78

Prioritization Auditing Practice Management Communication 78

Future CFO

MARCH 13, 2024

“Our study reveals a momentous evolution with ‘Super CFOs’ not just reacting to the changing business environment, but in fact driving it,” says Arun Dhingra , global head of Egon Zehnder’s CFO & Audit Chair Practice.

CFO 52

CFO Mergers and Acquisitions (M&A) Leadership Auditing 52

Bramasol

JULY 22, 2023

Report: Audit-ready sustainability metrics - Providing regulatory compliant sustainability metrics with an open and extensible solution that maps seamlessly to the requirements of multiple ESG standards and reporting mandates. For more information, check out these resources: Are You Ready for "Carbon Accounting" Compliance?

IFRS 87

IFRS Accounting SAP Compliance 87

VCFO

AUGUST 25, 2022

Planning and Prioritizing IT Security Improvement. The range of issues that typically come to light in security audits and reviews aren’t solvable in one fell swoop. At vcfo, achieving the level of security envisioned following the security audit took considerable time. Where are we most vulnerable? ——-.

Securities 81

Securities Prioritization Education Budgeting 81

Spreadym

JULY 6, 2023

It includes analyzing the likelihood and impact of various risks and prioritizing them based on their severity. By assessing the potential consequences of disruptions to these key elements, organizations can prioritize their recovery efforts and allocate resources accordingly.

Planning 52

Planning Prioritization Compliance Communication 52

The Finance Weekly

MAY 14, 2024

Regularly Monitor Inventory Levels Inventory-driven businesses typically do this thing called an audit once a year to keep the tax department happy. So, prioritize those inventory receipts in your plan. They compare what's actually on the shelves to what the records say is there. Accuracy in stock check-in is crucial.

Forecasting 52

Forecasting Profit and Loss Prioritization Auditing 52

The Charity CFO

JULY 10, 2022

Meanwhile, audits, financial management, and risk mitigation fall under the purview of the Finance or Risk Management Committee. The Executive Committee handles time-sensitive issues that come up between meetings and prioritizes the agendas for meetings of the full board of directors. 3: External Affairs.

Nonprofit 97

Nonprofit Auditing Communication Risk Management 97

PYMNTS

SEPTEMBER 25, 2018

Enhanced data security and analytics are at the top of chief financial officers’ priority lists among both private and public companies, according to new data from auditing and advisory service provider Protiviti. For example, 72 percent of CFOs rated their prioritization of virtual currencies to be between levels one and three.

Prioritization 67

Prioritization Corporate Finance Education Finance 67

Spreadym

SEPTEMBER 22, 2023

Poor Documentation: Failing to document financial processes, decisions, and discussions can create confusion and make it challenging to track and audit financial activities. Financial professionals should strive for clear and concise communication that everyone on the team can understand.

Communication 59

Communication Leadership Prioritization Construction 59

The Charity CFO

JULY 31, 2023

They are responsible for understanding and upholding the policies, ensuring compliance among all stakeholders, and making decisions that prioritize the organization’s best interests. The board of directors plays a crucial role in managing conflicts of interest within a nonprofit organization.

Nonprofit 52

Nonprofit Prioritization Compliance Accounting 52

VCFO

JULY 15, 2022

These opportunities include: Prioritizing Capital Discipline and Free Cash Flow Generation – A reactive approach of undisciplined investment in more pumps, trucks, and equipment in booms has led to the demise of many OFS companies that found themselves unable to quickly divest assets to stay afloat during tough times.

Restructuring 73

Restructuring Prioritization Auditing Transportation 73

PYMNTS

SEPTEMBER 29, 2020

Come audit time, the manual workload can grow even larger with teams scrambling to get the data and compile the reports they need for internal and external auditors. "It It puts a tremendous amount of strain in the back office on practitioners," said Gupta.

Cash Flow Forecasting 59

Cash Flow Forecasting Accounts Payable Invoicing Corporate Finance 59

The Charity CFO

AUGUST 15, 2023

One key differentiator is that what is recorded following GAAP is what will show up on the audit and may not show up on the IRS tax form, Federal Form 990. Audits Nonprofits are not exempt from audits. In fact, many states require audits for larger organizations.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

The Charity CFO

JANUARY 21, 2022

Both Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) 116/117 require at least a minimum level of fund reporting, so you’ll need it in order to pass an audit. If you’re a very small nonprofit, it’s possible you won’t have any restrictions on your donations.

Nonprofit 98

Nonprofit Accounting GAAP Accounting Principles 98

CFO Talks

FEBRUARY 10, 2023

If caught, the taxpayer will face a dual audit with the active participation of both SARS and the revenue overseas authority where the assets are situated. Overall I hope that the government doesn’t prioritize revenue collection over the well-being of its citizens, and avoids increasing VAT to combat the current energy crisis.

Budgeting 52

Budgeting Profit and Loss Forecasting Prioritization 52

PYMNTS

FEBRUARY 22, 2017

21) said Centrica will use fleet card solutions provided by Barclaycard Fuel+ and TMC, which include mileage auditing and fleet management services. More importantly, the program will enhance the ability of our drivers to prioritize safety and deliver cost savings to the business.” Reports Tuesday (Feb.

Prioritization 40

Prioritization Auditing Valuation Forecasting 40

Future CFO

JANUARY 8, 2023

Progressive organizations will use 2023 to create an employee data bill of rights that prioritizes transparency around how they collect, use and store employee data, and which allows employees to opt out of practices they find objectionable. However, using these technologies has the potential to create a looming privacy crisis.

Benchmarking 52

Benchmarking Prioritization Auditing Education 52

PYMNTS

MARCH 10, 2020

While MSTS highlights the importance of the buyer-supplier relationship at the very beginning of a transaction, this collaboration showcases the opportunity to prioritize that relationship at the very end, too. Glantus M&A Targets B2B Relationship.

Accounts Payable 57

Accounts Payable Invoicing B2B Vendor Management 57

CFO Leadership

OCTOBER 10, 2023

Most employees want to see that their employers are committed to continuous improvement and prioritizing investments that can help make the best use of everyone’s talents and reduce wasted time and work.

Financial Planning and Analysis (FP&A) 115

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

Michigan CFO

SEPTEMBER 29, 2021

However, if your CFO possesses deep manufacturing experience, then you can better prioritize investments that provide tangible business benefits. These systems include benefis for: Improving Controls: Deploy systems that improve financial oversight, audit tracking, and mitigate financial errors. Business Strategy Leadership.

Manufacturing 52

Manufacturing CFO Compliance Forecasting 52

PYMNTS

JUNE 12, 2019

Azoulai continued, “Goodwill prioritizes sustainability over ownership, and we’re proud to bolster their rapidly growing eCommerce operations by making it easier for people to purchase items from across the country.”.

eCommerce 58

eCommerce Prioritization Auditing Sales 58

The Finance Weekly

APRIL 27, 2022

If formal policies are not in place, first prioritize where to start (i.e., Finally, consider investing in a , quality FP&A software to audit and create the financial statements rather than relying on manual methods to prepare reviewed financials. Document Your Policies: Policies all require clarity, communication, and consistency.

Leadership 52

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

Collectiv

FEBRUARY 2, 2022

By prioritizing adoption and the employee experience, Power BI helps enterprise teams optimize operations, increase profits, and see incremental ROI year after year. Neglecting adoption as part of your implementation plan makes it difficult to integrate Power BI use into the company culture and realize the company’s initial investment.

Education 52

Education Benchmarking Prioritization Data Analysis 52

Planful

OCTOBER 19, 2021

With our cloud-based FP&A platform, Planful has native data access controls such as role-based security and workflows, audit logs and trails, and point-and-click security setup. Organizations that don’t prioritize net-zero transition run the risk of having BlackRock voting against management and selling its shares.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) CFO Auditing Communication 40

Planful

MAY 24, 2017

It starts with defining the goals, objectives, and strategy of the business and, as part of that, identifying enterprise risks and prioritizing them as a team. There’s no magic number – it’s more important to align to the strategy, prioritize risks, and focus efforts on the most critical areas. Where Does Risk Management Report?

Risk Management 40

Risk Management Prioritization CFO Leadership 40

PYMNTS

OCTOBER 17, 2018

military’s newly developed weapons systems suffer from ‘mission-critical cyber vulnerabilities,’ a review of government security audits conducted from 2012 to 2017 found, suggesting military agencies have rushed to computerize new weapons systems without prioritizing cybersecurity.”.

Prioritization 67

Prioritization Auditing Communication Securities 67

PYMNTS

SEPTEMBER 22, 2016

“It’s really about the competitive advantage and time to transaction, plus auditability and consistency,” Khosla said of banks’ need to onboard corporate clients quickly, while remaining compliant — one of the largest pain points, she added, for financial institutions. .

Banking 75

Banking Compliance Prioritization Auditing 75

PYMNTS

AUGUST 14, 2018

In the world of transaction monitoring for compliance, the spreadsheet becomes the all in all: a ledger, analytics, tracking, case management and auditing tool. But additionally, he stated, there is a potential cost and risk of missing something that is later flagged by an audit or regulators. Simple Never Lasts Long.

Compliance 40

Compliance Auditing Risk Analysis Prioritization 40

PYMNTS

OCTOBER 17, 2018

military’s newly developed weapons systems suffer from ‘mission-critical cyber vulnerabilities,’ a review of government security audits conducted from 2012 to 2017 found, suggesting military agencies have rushed to computerize new weapons systems without prioritizing cybersecurity.”.

Prioritization 40

Prioritization Auditing Communication Technology 40

E78 Partners

MAY 8, 2024

Incident Management: ServiceNow ITSM includes robust incident management capabilities for logging, categorizing, prioritizing, and resolving IT issues and service disruptions efficiently. Compliance and Audit: ServiceNow helps in ensuring compliance with regulatory requirements and internal policies related to telecom expenses.

Leverage 52

Leverage Auditing Compliance Invoicing 52

BlueLight

AUGUST 21, 2020

Staggering cost cuts is an approach that allows you to prioritize what and when you will cut based on different scenarios playing out. Ultimately, doing a spend audit is a particularly good exercise for any startup. One of our clients found out they were paying $5,000 per month for Twitter posts they didn’t need.

Planning 52

Planning Marketing Startups CFO 52

CFO News Room

NOVEMBER 1, 2022

We are going to thoroughly analyze this organization from top to bottom, left to right, race, by gender, by division, and we’re going to do a pay audit or an equity pay. And say, “We are going to create an action plan around this, around recruiting or around let’s say pay and promotion.

Leadership 100

Leadership Construction Budgeting Planning 100

PYMNTS

JANUARY 20, 2021

As a result, finance teams across the business ecosystem began to prioritize digitization and optimization, and many of them drew the same conclusion: Access to data is imperative to efficient and effective operations. Among the largest is the ongoing use of paper and manual workflows like invoice processing.

B2B 125

B2B Prioritization Invoicing Corporate Finance 125

CFO News Room

DECEMBER 30, 2022

Why it is important for advisory firms to conduct an audit of their tech stack and the steps they can take to conduct the exercise. First, a firm owner can consider how they want to conduct the audit, which can be performed themselves (though this can take time away from other responsibilities!), Bob Veres | Advisor Perspectives).

Planning 130

Planning Auditing Investments Securities 130