CFO Share

AUGUST 22, 2022

Should we expect more audits and fines? This austerity, compounded with complex Covid tax relief measures, means the IRS is 6+ months behind in processing tax returns, audits, and even opening the mail. How do I avoid an IRS audit? Audits, fines, and other IRS disputes are a major distraction from routine business.

Auditing 40

Auditing Restructuring Treasury Budgeting 40

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 recorded, PYMNTS found that 43.2

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Auditing Economics Treasury Numbers 71

PYMNTS

NOVEMBER 6, 2018

Technology developed by Bloomberg is now being used by Shell ‘s Foreign Exchange Central Treasury unit to interconnect the fuel conglomerate’s operating units across 22 markets, the companies revealed Monday (Nov.

Treasury 53

Treasury Foreign Exchange Auditing Startups 53

PYMNTS

APRIL 29, 2020

The Treasury Department, for its part, is feverishly seeking to find a method to get hundreds of millions in funds from large companies that applied for the loans and attained them under the original terms of the program, The New York Times reported. Treasury Guidance. The Lakers have reportedly returned the funds.).

Treasury 58

Treasury Auditing Economics Marketing 58

CFO Talks

MAY 12, 2023

Written by Staff Writer There was outrage when National Treasury abruptly announced last month that it was exempting Eskom from reporting irregular, fruitless and wasteful expenditure in its financial statements. However, seasoned finance professional, Thabo Maake believes that National Treasury was correct in its decision.

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IFRS Treasury Auditing CFO 95

PYMNTS

MARCH 6, 2020

We have deep dives into treasury application programming interfaces (APIs) and buy now, pay later (BNPL), as well as a report on Robinhood ’s trading app outage that occurred earlier this week. HSBC on the Next Phase of Treasury APIs (B2B API Tracker). UK Moves Closer to Big Four Accountancy Breakup. Trackers and Reports.

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Treasury Auditing eCommerce Cash Management 52

PYMNTS

SEPTEMBER 26, 2018

Not only do the founders of projects raising funds via ICO rarely have a background in treasury management, but the nature of the current crypto ecosystem means these innovators need guidance, Siemer told PYMNTS in a recent interview. “On top of that, their clients’ crypto exposure will also affect decisions made.”

Treasury 65

Treasury Startups Auditing Corporate Finance 65

PYMNTS

JANUARY 16, 2017

The relationship between bank and corporate customer is one that, for treasury managers, is a crucial one. And headed into a new year, he told PYMNTS, issues that remain among what he called “hot topics” for treasury professionals, and especially among smaller firms, include “looking at costs or visibility.”.

Treasury 41

Treasury Compliance Auditing Currencies 41

Future CFO

JANUARY 26, 2023

Liu has more than 15 years of experience in audit, accounting, corporate finance, tax, treasury and capital management. the REIT Manager of Sabana Shari’ah Compliant Industrial REIT where he was responsible for the financial reporting, taxation, management reporting, treasury and capital management of the REIT.

CFO 52

CFO Auditing Treasury Corporate Finance 52

PYMNTS

APRIL 29, 2020

Treasury Department and the Small Business Administration (SBA) said they will temporarily exclude big banks from the loan portal used to submit applications for the SBA’s Paycheck Protection Program (PPP) for eight hours. The Treasury defines “big” as any lender with more than $1 billion in assets. On Wednesday (April 29) the U.S.

Banking 105

Banking Treasury Auditing 105

PYMNTS

SEPTEMBER 29, 2017

When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help. But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance.

Treasury 56

Treasury Banking Compliance Risk Management 56

Future CFO

JANUARY 10, 2023

Kang, aged 42, will oversees the corporate finance and treasury, accounting shared services, reporting, as well as the other financial aspects of the business in her new group CFO role. She has more than 18 years of experience in financial management and audit. Kang started out as an audit cum tax assistant at audit firm K.

Healthcare 52

Healthcare CFO Auditing Corporate Finance 52

PYMNTS

MAY 1, 2020

Mnuchin: All PPP Loan Recipients Will Face Audits. Treasury Secretary Steven Mnuchin said per reports that firms that borrow money via the Paycheck Protection Program (PPP) can expect to be audited prior to forgiveness of the loans. ” JPMorgan Chase Submits Nearly $18B In PPP Loans.

Auditing 57

Auditing Economics Treasury B2B 57

Future CFO

OCTOBER 12, 2022

Goh joined the bank as a management trainee in 1988 and was named head of group audit in 2013, having stints across different divisions in the bank including corporate planning, investment research, asset management, risk management, and global treasury, OCBC Bank said.

CFO 52

CFO Banking Auditing Treasury 52

PYMNTS

AUGUST 14, 2020

The move comes as Treasury Secretary Steven Mnuchin warned that Chinese firms that want to be listed on U.S. auditing standards by the end of next year. That includes opening up their audit records to U.S. This week, Lufax was the latest company to file an initial public offering (IPO) in the U.S.

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Auditing Treasury Banking Finance 126

PYMNTS

MAY 7, 2020

Treasury Department. On April 23, Treasury provided the latest guidance for the Small Business Administration (SBA) PPP initiative crafted to shore up small and medium-sized businesses (SMBs) amid the COVID-19 pandemic. They have been given until May 14 to return the loan money with no questions asked.

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Treasury Auditing Finance 79

PYMNTS

JANUARY 7, 2021

FDIC) and the Treasury Department are looking to see if American Express Co. Representatives of the Fed, FDIC and Treasury inspectors general offices would not comment on the matter, the paper reported. Officials at the Federal Reserve, the Federal Deposit Insurance Corp. 7), citing unnamed sources. “We

Sales 97

Sales Treasury Auditing Risk Management 97

PYMNTS

DECEMBER 18, 2020

The move came as Treasury Secretary Steven Mnuchin warned that Chinese firms that wanted to be listed on U.S. auditing standards by the end of next year, including opening up their audit records to U.S. auditing rules. Securities and Exchange Commission (SEC) in August. stock exchanges would have to conform to U.S.

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Auditing Valuation Treasury Marketing 107

PYMNTS

DECEMBER 3, 2020

Delays and technical flaws surfaced at first, and then Treasury Secretary Steven Mnuchin said any small company receiving a PPP loan over $2 million could face an audit. Since making its debut in early April, the PPP had a challenging time.

Auditing 61

Auditing Treasury Numbers 61

PYMNTS

OCTOBER 23, 2020

Treasury Secretary Steven Mnuchin has said that by the end of 2021, Chinese firms seeking to be on any U.S. auditing principles. Under one of the standards, it would require that firms open their audit records to U.S. In 2019, IPOs by Chinese companies were estimated to be valued at $4 billion, according to Dealogic statistics.

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Auditing Treasury Startups Securities 72

PYMNTS

APRIL 26, 2017

I turn to our most trusted resources for innovative ideas: our clients, our client advisory board (CAB) and our subject matter experts, including the Treasury Advisor team that works closely with the current and prospective client base. A: That is an interesting philosophical question, but a good question that needs some qualification.

Risk Management 40

Risk Management Treasury Auditing Securities 40

CS Lucas

MARCH 30, 2021

CS Lucas has launched a new Treasury Management System designed to ensure the reliance upon spreadsheets in treasury is eliminated. CS Lucas Essentials is our new, cost effective treasury management solution that will provide treasurers with quick access to an industry proven and matured system. 2 accounting centres .

Treasury 52

Treasury Forecasting Cash Management Compliance 52

CS Lucas

OCTOBER 7, 2022

The team at CS Lucas works hard to ensure we are following the international security standards that our customers and partners expect from our Treasury Management System. We strive continuously to provide our customers with secure technology delivered with repeatible and auditable processes.

Auditing 52

Auditing Treasury Securities Technology 52

Future CFO

AUGUST 23, 2022

With the oversight of treasury, finance, procurement and risk departments as well as the proximity to senior management and the Board, the CFO is well positioned to take the lead to become enablers for sustainability.” Nelson Lim.

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CFO Auditing Finance Treasury 98

PYMNTS

MAY 26, 2020

Treasury have refined the plan’s rules and parameters several times over the past few months. But as we also noted in this space last week, the SBA and the Treasury have been endlessly issuing, refining and publishing new guidelines that determine who can borrow, who can’t and who might be scrutinized (read: audited) if they do borrow.

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Auditing Treasury Banking Numbers 79

PYMNTS

MAY 29, 2020

Those in charge of the program, the Treasury Department and the SBA, have not offered a complete picture of cancellations. Some of the them are from bigger publicly traded firms that returned hundreds of millions after criticism of taking away help from small businesses and the potential of an audit for loans exceeding $2 million. .

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Auditing Treasury Forecasting 53

PYMNTS

SEPTEMBER 30, 2020

The government has now also started an audit of the loans. s Eat Out to Help Out campaign attempted to get people to go out to eat via a 50 percent discount paid back by the Treasury. government has guaranteed 80 percent of the CBILS and CLBILS loans and all of the lending from Bounce Back, Bloomberg reported.

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Auditing Treasury Sales Retail 99

PYMNTS

AUGUST 12, 2020

The move comes as Treasury Secretary Steven Mnuchin warns that Chinese firms that want to be listed on U.S. auditing standards by the end of next year. That includes opening up their audit records to U.S. Securities and Exchange Commission (SEC) on Monday (Aug. stock exchanges will have to conform to U.S.

Auditing 58

Auditing Treasury Planning Securities 58

Future CFO

FEBRUARY 28, 2023

Finance Team of the Year: Malaysia Aviation Group Berhad Business Leadership Awards Leadership in Competencies and Capabilities: Beyond Medical Group Leadership in Digital Transformation: HELP University Sdn Bhd Leadership in Sustainable Environmental, Social and Governance: International Container Terminal Services, Inc.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Leadership SAP 52

PYMNTS

NOVEMBER 29, 2018

“Major studios typically finance their productions through the treasuries of their owners, or through ‘slate financing’ arrangements with a handful of well-connected partners,” he said.

Auditing 54

Auditing Entertainment B2B Finance 54

PYMNTS

APRIL 30, 2020

Mnuchin: All PPP Loan Recipients Will Face Audits. All businesses that borrow money through the federal Paycheck Protection Program (PPP) can expect to be audited before the loans are forgiven, according to Treasury Secretary Steven Mnuchin, regardless of the amount borrowed.

Auditing 56

Auditing Advertising Treasury Banking 56

Future CFO

JANUARY 26, 2021

Having more than 12 years of experience in auditing and accounting, he joined the Group as a consultant in July 2020. In the CFO role, he is primarily responsible for the group’s finance and treasury functions. Aged 63, Tiong joined the group in November 2019 as VP Corporate Affairs.

CFO 40

CFO Auditing Treasury Finance 40

Future CFO

MAY 26, 2022

He suggested that the settlement procedure be automated, and integrated into the treasury management system. A third red flag for Ng is tax audit issues. He posited that more machine involvement in matching transactions between intercompany is better. The last one will be on forex gains and losses. But are they optimising it?

Mergers and Acquisitions (M&A) 98

Mergers and Acquisitions (M&A) Accounting Foreign Exchange Compliance 98

PYMNTS

MAY 21, 2018

M&G chief executive Anne Richards, HM Treasury non-executive director and deputy chair of Kinnevik Amelia Fawcett, and former audit partner at PwC and former chair of the Accounting Standard Board Mary Keegan are all on the panel.

Accounting 40

Accounting Auditing Treasury Accounting Standards 40

CFO Talks

AUGUST 10, 2022

I think it must be extremely difficult to be a CFO of a local authority, there is a lot of pressure on those CFOs to achieve unqualified or clean audits. Did you manage to achieve clean and unqualified audits for the Moqhaka Municipality? A clean audit basically says your financials and your compliance are in sync.

Auditing 52

Auditing CFO Compliance Accounting 52

PYMNTS

MAY 8, 2020

Treasury into the program would likely be fully depleted by the time the panel reassembled for the sixth conversation the next week. Around the same time, April 29, Treasury issued new guidelines – and a warning. SMBs who had received PPP funds above $2M will be audited , and just about any other loan, could too, depending.

Auditing 64

Auditing Treasury Banking Advertising 64

The Finance Weekly

JANUARY 22, 2024

Assist with risk management, audits, and research. Certified Treasury Professional (CTP) This certification highlights expertise in treasury management, showcasing proficiency in cash processing, reconciliation, and financial statement analysis. Communicate with clients, investors, company leaders, and stakeholders.

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CFO Education Communication Leadership 52