PYMNTS

MAY 11, 2018

In a press release announcing quarterly results, the security software company said the audit committee of the board of directors has started an internal investigation in connection with concerns raised by a former employee and that it has hired an independent counsel and other advisors to assist it in its investigation.

Profit and Loss 40

Profit and Loss Auditing Forecasting Securities 40

CFO Share

OCTOBER 14, 2021

Continuously shrinking cash despite profitable financial reporting. Negotiations do not always recover 100% of the losses, so you will need to write off a portion of the fraud as losses. No internal audit of credit card spending. Poor physical security or IT security. What is proper fraud management?

Profit and Loss 52

Profit and Loss Cash Flow Forecasting Restructuring Auditing 52

PYMNTS

NOVEMBER 7, 2018

Earlier this year, Symantec shares dropped nearly $10 in the largest decline since 2001 when the company said its board’s audit committee was in the process of looking at “concerns” flagged by an ex-employee. Securities and Exchange Commission (SEC) and that it would continue to keep the government agency apprised of the inquiry.

Profit and Loss 51

Profit and Loss Auditing Forecasting Securities 51

PYMNTS

JULY 6, 2020

Researchers found that furloughed employees are widely reporting that their bosses have asked them to continue to conduct their normal work duties despite being furloughed in order for their employers to secure funding. companies between April and May this year , Abnormal Security data revealed, according to Helpnet Security reports. .”

Accounts Payable 59

Accounts Payable Profit and Loss B2B Invoicing 59

Cube Software

MAY 10, 2023

It is important to accurately track and report unearned revenue, so you can properly manage profit margins. An income statement, also called a Profit and Loss statement (or P&L) records revenue and expenses over time. If revenue is improperly recognized, it will report higher profits than actual.

GAAP 52

GAAP Profit and Loss Accounting Principles Financial Data 52

Cube Software

MAY 11, 2023

The Securities and Exchange Commission (SEC) requires that discrepancies between pro forma and GAAP-compliant financial reports be explained when released to the public. If the market research shows that this product is not going to drive profit, for instance, shelve it, or begin finding ways to reduce costs and/or boost sales.

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40

Creative CFP

OCTOBER 2, 2020

It makes any query and audit way easier than before. All of this is then saved securely on the cloud. 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. Fixed assets are a breeze.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

PYMNTS

MAY 12, 2016

Kount’s latest report “Calculating The 9 Deadly Costs Of Fraud,” does the math – and emphasizes how not managing fraud digs heavily into profits. In fact, fraud losses as an overall percentage of revenue nearly doubled in 2015 as a result of lost or stolen products, according to Kount. for each $1 of eCommerce fraud.

Profit and Loss 52

Profit and Loss Math Auditing Sales 52

The Charity CFO

JANUARY 19, 2023

Nonprofit organizations distinguish themselves from for-profit entities through their purpose and mission. Their mission is usually anchored on a cause or social purpose, not on the generation of profits. Another difference is in fund accounting.

Accounting Standards 52

Accounting Standards Nonprofit Accounting GAAP 52

Barry Ritholtz

DECEMBER 5, 2023

The transcript from this week’s, MiB: Michael Fisch, American Securities , is below. Michael Fish is co-founder and CEO of American Securities. I found this conversation to really be intriguing and I think you will also, with, with no further ado, my discussion with American Security, CEO, Michael Fish.

Mergers and Acquisitions (M&A) 69

Mergers and Acquisitions (M&A) Investments Valuation Numbers 69

CFO News Room

DECEMBER 30, 2022

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the passage of “SECURE Act 2.0” 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. To start, SECURE 2.0

Planning 130

Planning Auditing Investments Securities 130

Spreadym

AUGUST 10, 2023

Audit Trail: A record of changes made to financial data and reports, ensuring transparency and accountability. Security: Robust security measures to protect sensitive financial data and prevent unauthorized access. Collaboration: Tools for multiple users to collaborate on creating, reviewing, and approving financial reports.

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

Jedox Finance

JULY 11, 2023

This is particularly evident when considering how ESG key performance indicators (KPIs) are closely related to aspects in a profit and loss (P&L) statement and significantly impact financial outcomes. The final ESRS requirements are to be passed as law at the end of July 2023 and no later than the end of August 2023.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Compliance Profit and Loss 52

Barry Ritholtz

OCTOBER 19, 2022

So the harvest losses to offset future gains. RITHOLTZ: That leaves a mark when it comes time to — you add in tax loss harvesting, and just helping with having a financial plan. So as we grow, become more efficient, we get scale, we sort of make a profit. And we take that profit, and we do two things with it.

Investments 109

Investments Profit and Loss Education Advertising 109

The Charity CFO

APRIL 15, 2022

I used to audit nonprofit organizations. Um, and more importantly, we talk about that transition plan for a lot of nonprofits that are dealing with, uh, the loss of their accountants. I, I know what many people probably thinking, oh, we use are for-profit that doesn’t make sense. Bye everybody.

Nonprofit 52

Nonprofit Accounting CFO Problem Solving 52

Barry Ritholtz

JULY 18, 2023

WAGNER: Yeah, I started as a certified public accountant and one of the early engagements that I was tasked with was in the space of asset management and I recall doing the audit on Jeffrey Vinik’s very first year as a hedge fund manager. So I had a lot of job security. RITHOLTZ: Post-fidelity, post-Magellan fund. in the evening.

Investments 52

Investments Profit and Loss Restructuring Accounting 52

CFO News Room

FEBRUARY 5, 2023

Inexperienced (or worse) auditors : Hindenburg notes that the accounts at Adani Enterprises and Adani Total Gas are audited by a tiny and largely unknown auditing firm, Shah Dhandaria, with four partners and eleven employees, some young and inexperienced.

Marketing 130

Marketing Investments Auditing Restructuring 130

Musings on Markets

FEBRUARY 4, 2023

Inexperienced (or worse) auditors : Hindenburg notes that the accounts at Adani Enterprises and Adani Total Gas are audited by a tiny and largely unknown auditing firm, Shah Dhandaria, with four partners and eleven employees, some young and inexperienced.

Investments 100

Investments Valuation Auditing Restructuring 100

Barry Ritholtz

MARCH 12, 2024

Sean Dobson has really had a fascinating career as a real estate investor, starting pretty much at the bottom and working his way up to becoming a investor in a variety of mortgage backed securities, individual homes, commercial real estate, really all aspects of the finding, buying and investing in, in real estate. Anything else?

Profit and Loss 56

Profit and Loss Investments Marketing Securities 56

Barry Ritholtz

NOVEMBER 7, 2023

’cause there’s a lot you can do if you are willing to run the risk that like maybe the Securities and Exchange Commission will sue you or like maybe you’ll go to jail for a year, you know, but maybe you’re gonna make a lot of money first. How, 00:15:40 [Speaker Changed] How hard is it to show those audited returns?

Numbers 60

Numbers Profit and Loss Banking Finance 60

CFO News Room

NOVEMBER 19, 2022

Outside of work, he serves as a volunteer financial planner and class instructor for non-profits in the Northern Virginia area. the SECURE Act, which passed in the final weeks of 2019 ), as each chamber tries to pass new laws before many of them are replaced and as deadlines approach for ‘must-pass’ spending and defense bills.

Planning 130

Planning Leadership Healthcare Accounting 130

CFO Share

SEPTEMBER 15, 2021

C-corp structures come with many long-term benefits, such as qualifying for section 1202 (see more on this below) or rolling net operating losses indefinately. Harvest capital losses to offset the gains. On the other hand, the extra funding will also be used for increased scrutiny including more audits. Selling to an ESOP.

Profit and Loss 52

Profit and Loss CFO Tax Planning Auditing 52