PCAOB adopts updated ‘foundational’ rules requiring faster audit filing
CFO Dive
MAY 13, 2024
audit watchdog updated standards created two decades ago and aligned regulation with changes in technology.
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CFO Dive
MAY 13, 2024
audit watchdog updated standards created two decades ago and aligned regulation with changes in technology.
CFO Dive
MARCH 28, 2023
The audit watchdog aims to update and unify interim standards created 20 years ago, aligning its rules with new independence requirements and advances in technology.
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CFO Dive
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Companies hiring for internal audit need to prepare for disruption from new technology such as artificial intelligence and robotic process automation, IIA said.
E78 Partners
NOVEMBER 22, 2024
Effective technology expense management is essential for companies looking to optimize budgets and stay competitive in today’s fast-paced digital landscape. Businesses must develop a strategic approach that addresses common obstacles and ensures that technology investments align with their operational goals to avoid these issues.
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Technology is rapidly changing the way accountants perform and manage month-end activities. ART users have enjoyed: Reduced reconciliations by 10 to 40% Faster close processes Less time wasted during audits Real-time close status updates Ready to take control of your month-end close?
CFO Dive
MAY 4, 2023
Despite recent technological advances transforming auditing processes, KPMG’s Sebastian Stöckle says people will always play key roles.
E78 Partners
MAY 14, 2025
Technology is reshaping private equity (PE) by enabling portfolio companies to achieve operational efficiency, revenue growth, and higher valuations. The technology function is now emerging as an indispensable partner in driving sustainable value creation and competitive advantage.
The Charity CFO
MARCH 20, 2025
And heres the real kicker: audits dont catch most of it. On a recent episode of A Modern Nonprofit Podcast , Tosha sat down with Jason Kruger, Partner at Citrin Cooperman, to expose the real risks of nonprofit fraudand why audits wont protect you. Why Audits Wont Save You “The easiest way to steal? Audits wont catch it.
E78 Partners
APRIL 16, 2025
Technology is embedded in every corner of the modern enterprisefrom SaaS subscriptions and cloud infrastructure to telecom and mobile services. As organizations scale, so do their technology expenses. What if TEM was thought of as a strategic lever for CFOs and CIOsa way to align technology investment with business value?
CFO Strategic Partners
MARCH 22, 2025
5 Keys to Staying Ahead of the Technology Curve with AI and Process Automation In today’s increasingly data-heavy finance arena, process automation is no longer a luxury. 5 Keys to Staying Ahead of the Technology Curve with AI and Process Automation In today’s increasingly data-heavy finance arena, process automation is no longer a luxury.
CFO Strategic Partners
APRIL 15, 2025
A Year-Round Audit Strategy Is A Great Place To Start Insights from Acclarity Accredited to Small-to Medium Business Leader: Michele Himes For all but one day of the year, the end of your financial year is always approaching — sometimes year-end is still months away, other times year-end is right around the corner. Month-End Close.
CFO Dive
JUNE 23, 2025
They are focusing on driving growth and efficiency to help their companies move faster, benefiting both top line revenue and operational performance,” says Tarek Ebeid, KPMG Private Leader and Partner in Charge – Audit Practice at KPMG US. You can unsubscribe at anytime. For more information and research into U.S.
Future CFO
DECEMBER 22, 2024
Strategies to Address This Challenge Conduct Data Audits : Regularly review your customer database to identify inaccuracies. Use Technology : CRM tools and data validation software can automate much of the cleanup process. Ensure Data Quality : Conduct regular data audits to support seamless integration.
CFO News Room
DECEMBER 2, 2022
When Frances Lawrence was first brought in as Financial Director at software company FISCAL Technologies in 2019, the business was in real need of working capital to accelerate the growth curve. . Frances’ beginnings at FISCAL Technologies. The post Frances Lawrence, CFO, FISCAL Technologies appeared first on GENCFO.
CFO News Room
DECEMBER 16, 2022
Maxar Technologies – Shares of the satellite owner and operator surged 122% following news that private equity firm Advent International will acquire the company and take it private in a deal valued at $6.4 gained access to necessary audit documents. Meta Platforms – Shares of Meta Platforms rose 3.5% billion, or $53 a share.
Global Finance
MARCH 2, 2025
Horton: I think auditors, for sure, because they want to know their audit risk, especially if you are taking over from a previous auditor. GF: Will there be some technology available using your model? Here in the UK, the Financial Reporting Council looked into audit papers of the FTSE 100 and basically gave them a good health score.
CFO News
AUGUST 2, 2023
Sudhir Soni also stressed retaining high-quality talent in audit and responding to rapid technology changes are the top two challenges facing the accounting profession.
CFO Thought Leader
NOVEMBER 4, 2024
These experiences, coupled with her GE foundation, ultimately paved the way for future CFO appointments and her latest CFO chapter at Amprius Technologies. ” —Sandra Wallach, CFO of Amprius Technologies, Inc. CFOTL: Tell us about what Amprius Technologies does and its offerings today. .”
Global Finance
DECEMBER 26, 2024
Technology quickly took off. Its essentially doing the internal audit work while also functioning as an organizational tool. You really have to be flexible and adapt because things move much faster than they used to. I started in public accounting at Ernst & Young, where we did everything manually. Ledgers and calculators.
Future CFO
FEBRUARY 14, 2025
As businesses navigate their way around various technological advancements, finance teams are faced with the task to integrate analytics and automation into their existing processes, determining at the same time which specific system to transform first for maximum operational impact.
Global Finance
JUNE 23, 2025
While high-profile incidents continue to underscore the scale and sophistication of AI-driven threats, the same technology also equips companies with powerful, proactive tools to defend their critical infrastructure and stay ahead of attackers. This figure is expected to rise quickly.
CFO Strategic Partners
MARCH 28, 2025
These services include general and operational accounting, financial planning and audit, governance, risk and compliance, transactional transformation, IT and business intelligence solutions, and outsourced accounting and interim management solutions. Tracey Holecek is a dynamic CPA with business, accounting, auditing, and finance expertise.
The Charity CFO
MAY 13, 2025
It can also trigger audits, repayment demands, and a breakdown of trust with your board and funders. Youre Behind on Compliance & Tax Filings Dodging deadlines for your 990, audits, or payroll filings? Related Reading: Use Technology to Simplify Nonprofit Bookkeeping Download The Charity CFO Financial Blueprint Want to go deeper?
E78 Partners
DECEMBER 5, 2024
This approach provides technology leaders with the visibility and tools they need to achieve long-term scalability and financial flexibility. Asset Optimization & Rationalization: Streamlined technology portfolios for maximum efficiency. Learn more about our Inventory Assessment and Historical Audit here.
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.
CFO Talks
NOVEMBER 29, 2024
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. If I could relive one day from my career, it would be 31st July 2014—the day my team and I finally achieved an unqualified audit opinion for the Department of Mineral Resources.
CFO News
JULY 29, 2024
Former ICAI President highlights the disparity in remuneration between Big 4 and smaller audit firms, linking higher pay to better quality and to an extent mandated appointments as well and stressing the need for fair audit fees and greater awareness.
Future CFO
JULY 8, 2024
Editor’s note: Audit is much more than a compliance requirement and is definitely not a declining industry, said Narissa Chen (pictured), Partner, Head of Audit & Assurance, Forvis Mazars in Singapore. She shared with FutureCFO what a career in audit offers and how female professionals can become audit leaders.
Future CFO
APRIL 1, 2024
Embracing technology has been proven an imperative among firms to remain relevant in talent attraction and acquisition. The ACCA-CA ANZ study reveals a significant trend: with 92% of individuals contemplating entry into the audit profession prioritise prospective employers' investment in and use of advanced technologies.
E78 Partners
APRIL 26, 2024
E78 uses an evidence-based methodology to validate telecom inventory by combining time-tested process, tailor-made auditing BI and the best experts in the field. Our clients who already have a TEM today can still achieve average savings of 15%-30% from E78 audits and 30%-50% from E78 sourcing and advisory services work.
CFO Talks
JUNE 3, 2025
The United Kingdoms National Audit Office has advised public entities to adopt rolling forecasts and scenario-based planning, particularly in uncertain environments. Within five months, he corrected over 3,000 journal entries, implemented structural changes, and achieved a clean audit. At SAQA, the same pattern is emerging.
CFO Talks
MARCH 5, 2025
If there are differences, it can lead to problems during audits or inspections. Use Technology to Make Reporting Easier Financial reporting can be time-consuming, especially if youre relying on spreadsheets or manual calculations. Many companies are now using technology to simplify the process and reduce human error.
Future CFO
APRIL 4, 2024
In a recent joint survey by the Association of Chartered Certified Accountants and the Chartered Accountants Australia and New Zealand , it was revealed that both current audit professionals and prospective entrants stress the crucial need to achieve equilibrium between work and one’s personal life.
Future CFO
JUNE 29, 2025
On the other hand: "high skill-based, regulatory-dependent and very localised processes like audit/client facing, bank-relationships, Finance Planning & Analysis that are very closely tied with location business leaders should stay local," she continues. Yong acknowledges that governance is a critical dimension. "In
Future CFO
MARCH 26, 2024
Chief audit executives expect audit coverage of artificial intelligence-related risks will grow as organisations race to adopt the technological advancement , according to a Gartner study. Half of the top six risks with the greatest increase in audit coverage are AI-related."
CFO Thought Leader
APRIL 9, 2025
Tony Jarjoura, now CFO of Gigamon, found himself surrounded by audit committee members as a dense, highly technical tax strategy unraveled before them. Jarjoura: We’re a technology company offering network visibility, observability, and analytics solutions across enterprise, service provider, and government organizations.
Future CFO
JANUARY 22, 2024
Two audit firm solutions of Wolters Kluwer have been pre-approved by the Infocomm Media Development Authority (IMDA), a statutory board of the Singapore government, said Wolters Kluwer Tax & Accounting (TAA) Asia Pacific (APAC) recently.
E78 Partners
APRIL 23, 2025
In 2025, private equity (PE) firms and PE-backed companies are leveraging artificial intelligence (AI) to drive value creation amid economic complexity and technological disruption. Data Governance : Implement policies for access controls, data privacy, and audit trails, ensuring compliance and transparency for finance teams and investors.
Future CFO
NOVEMBER 28, 2023
A finance leader must be able to fully understand the trends in sustainability and the challenges associated with climate change, incorporating such practices in the organisation's overall audit process. The post Climate risks as a consideration in audit processes appeared first on FutureCFO.
The Charity CFO
MAY 31, 2024
Luckily, modern accounting software and other bookkeeping technologies can help you keep up with day-to-day bookkeeping, reporting, and accounting tasks more efficiently. Bookkeeping technology and software help reduce human errors and ensure consistent data entry and calculations.
CFO News
MAY 22, 2025
India's Big Four accounting firms, traditionally known for audit and tax services, are now dominating technology consulting. Fueled by post-pandemic digital transformation, tech consulting leads in headcount and new hires.
E78 Partners
JUNE 4, 2025
Technology is no longer a support functionits a strategic growth lever. For private equity sponsors, the firms driving outsized returns in todays market are those transforming technology assets into engines of EBITDA growth and enterprise value creation. Three Technology Levers That Move the Needle 1. The laggards?
CFO Plans
NOVEMBER 25, 2024
This includes deploying cutting-edge encryption technologies such as Advanced Encryption Standard (AES) and Transport Layer Security (TLS) to secure data both in transit and at rest. Navigating Financial Technology Compliance Adhering to financial technology compliance and data privacy regulations is another critical responsibility for CFOs.
Future CFO
NOVEMBER 24, 2024
It's clear that AI is becoming an integral part of every business, and the technology is emerging as a critical driver of business growth. In fact, 77% see the technology as crucial to their long-term goals. Respondents across the Asia Pacific cite key hurdles, including cost (40%), skills (38%), governance (38%) and quality (33%).
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