CFO Plans

MAY 2, 2024

With numerous options available, how can a CFO navigate this complex landscape and find the perfect match? Assessing Communication and Collaboration Effective communication and collaboration are key to a successful partnership. Selecting the right accounting partner is a critical decision for any CFO.

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Accounting Problem Solving Compliance Communication 52

The Finance Weekly

JANUARY 22, 2024

Joe Berchtold, the President and CFO of Live Nation Entertainment, earned an impressive $52.4 million in 2023, making him the ,, highest-paid CFO in the United States. Aspiring individuals may wonder how they can achieve similar heights and earn big as a CFO. Resolve accounting and finance problems.

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CFO Education Communication Leadership 52

Future CFO

MAY 15, 2024

Asia’s ESG journey BlackLine regional vice-president for Asia, Nikhil Parambath , says Asia's business leaders are focusing on strategic initiatives for long-term growth, with an increasing emphasis on ESG compliance to build trust among stakeholders.

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Finance Auditing Compliance Leverage 98

CFO Thought Leader

APRIL 11, 2023

As did that of many of his CFO peers, Chrnelich’s early career appears to have weathered no shortage of economic hijinks, thanks to the dotcom bubble (2002) and Wall Street’s subprime mortgage crisis (2008). Read More Many of the people in the broader financial services community use Symphony as their communication and collaboration platform.

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CFO Communication Numbers Finance 52

CFO Talks

AUGUST 12, 2022

In February, Barry McCarthy was promoted from CFO to CEO of US sporting company Peloton Interactive. Closer to home, David Pfaff went from CFO to CEO of Tyme Group in May. We think the pathway from CFO to CEO will become increasingly common for these three reasons. CFOs are no longer just number crunchers.

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CFO Compliance Communication Accounting 98

CFO Share

AUGUST 8, 2023

The Chief Financial Officer (CFO) acts as your seasoned mountaineer, guiding your business towards its financial peak. This is where an outsourced CFO (aka fractional CFO) steps in, keeping your expedition moving toward the summit without delay. What are the Duties of an Outsourced CFO?

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CFO Compliance Communication Construction 40

Michigan CFO

JUNE 7, 2023

In today’s ever-evolving business landscape, the role of the Chief Financial Officer (CFO) has become crucial for effective financial management and decision-making. However, not all businesses have the resources or the need for a full-time, in-house CFO. This is where virtual CFOs come into play.

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CFO Problem Solving Budgeting Communication 52

Focus CFO

JUNE 28, 2023

Businesses that have an embedded in-house Chief Financial Officer understand the pivotal role the CFO plays in proactively preparing the business for, and guiding it through, economic and market storms. By taking decisive, information-based action, the CFO guides the business toward the buffalo approach—proactively navigating the challenges.

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Economics CFO Forecasting Communication 52

Spreadym

AUGUST 17, 2023

They play a crucial role in improving transparency, communication, and collaboration among teams by providing a centralized platform for accessing and interpreting financial data. Determine the specific financial metrics, performance indicators, and insights that the CFO needs to monitor regularly.

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Financial Reporting CFO Cash Flow Forecasting Budgeting 52

CFO Thought Leader

SEPTEMBER 17, 2023

Read More “That experience has since helped me by allowing me in many cases to rationalize things by saying, ‘Well, this is not as bad as what I dealt with there,’” comments Kevers, who these days, as CFO of Carta, appears to be focused as much on internal communications as he is on external PR.

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CFO General Ledger Finance Communication 52

Bramasol

SEPTEMBER 29, 2023

Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economy™ (DSE), carbon-accounting mandates, a rising emphasis on artificial intelligence, and other disruptive trends, the role of Chief Financial Officer (CFO) is undergoing radical transformation too.

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IFRS Technology SAP Compliance 95

CFO Talks

JUNE 7, 2022

Due to this unique position, we need to ensure that the Finance Executive that earns our acclaimed CFO(SA) designation , is ready for the future of finance. In developing the CFO(SA) designation, we identified 34 competencies and four pillars that the Modern CFO needs to fulfill to excel in their leadership position.

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CFO IFRS Leadership Risk Management 52

Future CFO

APRIL 21, 2024

As it turns out, compliance culture is not the best way to address the most common situation leading to noncompliance, according to a study by Gartner, Inc. The study showed that improved quality standards – the design of policies, training, communications, and tools – has over double the impact of compliance culture on reducing uncertainty.

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Compliance Communication Technology CFO 52

CFO Talks

FEBRUARY 9, 2024

Let’s delve into how CFOs can spearhead this transformation and lead their teams to new heights of success. Historically, CFOs have been primarily responsible for financial reporting, budgeting, and compliance. These silos create barriers that hinder communication, collaboration, and alignment across the organisation.

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Communication Leadership CFO Budgeting 52

Future CFO

JULY 26, 2020

Now imagine doing all of these using a calculator, a ledger and pen, and it becomes increasingly obvious all of the above expectations on the CFO could not be accomplished with the aid of technology. Click on the audio stream and listen to Lee cover the following questions: How has COVID-19 impacted your role as CFO?

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CFO Leadership Communication Compliance 52

CFO Talks

MARCH 8, 2023

By Jeff Ryan, MD of AWCape , a Platinum Sage business partner for HR, payroll and financial solutions As businesses become more digital and technology-driven, the role of the Chief Financial Officer (CFO) is rapidly evolving. In the past, the CFO was primarily responsible for financial management and ensuring compliance with regulations.

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CFO Leadership Construction Compliance 52

CFO Talks

APRIL 5, 2023

South African firms’ focus on compliance, but only a little else. Essential skills for accountants to possess Zebediah lists effective communication, problem-solving, and critical thinking are crucial skills for accountants. The post Accounting in Zimbabwe is “very very different” appeared first on CFO Club Africa.

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Accounting Problem Solving Compliance Communication 94

CFO News Room

DECEMBER 16, 2022

As a financial executive, the chief financial officer (CFO) is responsible for the financial health of an organization. The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and risk management. Chief Compliance Officer. Communication Skills.

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Finance Budgeting Compliance Financial Analyst 130

VCFO

JUNE 29, 2023

Underscoring this was her ahead-of-the-curve understanding that mission-centered organizations must have strong finance and compliance-related practices and expertise in place to be able to provide services in line with their mission. A CFO will evaluate financial performance, and bring attention to potential issues.

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Nonprofit Finance CFO Compliance 69

The Charity CFO

APRIL 26, 2024

You want to know your accountant can help you figure out what needs to be done to stay in compliance as a nonprofit. How Do You Ensure Transparency and Clear Communications With Clients? Clear and open communication channels help everyone stay on the same page when it comes to an organization’s financials. Get the free guide!

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Nonprofit Accounting Profit and Loss CFO 52

The Charity CFO

APRIL 18, 2024

These challenges include financial issues, data security compliance, and talent retention problems. Compliance with Evolving Regulations Nonprofits are no strangers to regulatory and compliance issues. You can make donors feel special by adding personalized messaging to donor communications. 2024 will be no different.

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Nonprofit Compliance CFO Leverage 52

Future CFO

OCTOBER 20, 2021

The CFO role requires certain traits and skills, said Woranat Dumrongsiri (pictured), Country CFO, Deloitte Thailand and Deloitte Laos during an interview with FutureCFO for the publication’s Female Leadership in Finance Series. Woranat Dumrongsiri, Country CFO, Deloitte Thailand and Deloitte Laos.

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CFO Leadership Finance Problem Solving 52

The Charity CFO

MARCH 31, 2023

They are actually useful tools to ensure that an organization is in compliance and can also be used to identify potential problems before they become too big. The IRS does not require nonprofit audits in most cases, however, they may periodically request an audit (examination) or a compliance check.

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Nonprofit Auditing Compliance CFO 98

The Charity CFO

APRIL 13, 2023

This is why at The Charity CFO , we strive to provide relevant resources and support to ensure that your organization runs smoothly and efficiently. Compliance requirements vary by state and funding sources. Interdepartmental Communication The final key to successful nonprofit management is to understand your organization as a whole.

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Nonprofit Compliance Accounting Standards Budgeting 52

Future CFO

JANUARY 7, 2024

To triumph over the expected and even the unexpected shifts, CFOs must be on the look out for the risks they are likely to face in the next 12 months. The evolution in the role As the CFO role expands, so does the influence of the finance function. These risks can turn into opportunities for growth and profitability if managed right.

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CFO Risk Management Leverage Strategic Planning 52

The Charity CFO

MARCH 22, 2024

Compliance and privacy concerns: As more states introduce legislation regarding digital privacy , nonprofits must be able to keep up with regulatory compliance and keep data safe. Consider working with knowledgeable data and financial teams, such as The Charity CFO, to help create your data plan. Get the free guide!

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Nonprofit Leadership Benchmarking Leverage 52

Future CFO

SEPTEMBER 10, 2023

“I think we need to recognise that the CFO role can mean a lot of different things in different businesses. It really depends on the type of business, their strategy and the type of skills they want the CFO to lead on.” Dan Wells, CFO at GrowCFO Charisma. They are expected to have a vision and be able to communicate that vision.

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CFO Finance Leadership Concentration 98

CFO News Room

JANUARY 2, 2023

job market remains tight and the demand for the kind of talent the crypto industry seeks is still high , including for professionals that handle the legal and compliance business at firms. I worked with plenty of compliance folks who came from Lehman Brothers…Is it gonna be career-ending for some people? Sam Bankman-Fried.

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Compliance Communication Accounting Currencies 130

PYMNTS

JUNE 18, 2019

Swedbank announced that it has suspended the CEO and CFO of its Estonian branch after an investigation into compliance with money-laundering rules at the bank. Swedbank then admitted in April that it had failed to prevent the laundering and announced an internal investigation.

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CFO Compliance Treasury Communication 40

Future CFO

JANUARY 18, 2022

The survey, which canvassed the views of more than 4,700 employees, managers and board directors from 54 countries and territories, found that leaders are struggling to create and communicate a strong and effective culture of integrity within their business, EY said. Report highlights.

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Compliance Communication Investments 98

Future CFO

MARCH 1, 2023

With the CFO being one of the key architects of an organisation’s digital transformation, Gartner says the CFO needs a finance function that drives the strategic ambitions of the enterprise. “To Firms should make compliance easier for employees by simplifying processes through improved policies and automated solutions.

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Finance Benchmarking Compliance SAP 91

Fpanda Club

MARCH 27, 2023

Many finance professionals are starting to feel that they are too focused on historical data, reporting, compliance, etc. Many skills acquired in FP&A positions are transferrable to executive roles, such as CFO and CEO. Moving into FP&A from other fields of finance, such as accounting and audit, has recently become very trendy.

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Finance Auditing Compliance CFO 130

CFO Share

APRIL 5, 2022

The cost of sales tax non-compliance. The sales tax compliance process follows four steps: Perform a nexus study to determine where you are liable to collect and remit sales taxes. With the nexus study as your guide, your CFO or sales tax advisor can register one or many sales tax licenses. Sales tax compliance services.

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Sales Auditing Compliance Tax Planning 98

CFO Talks

MARCH 14, 2024

Beyond the Basics: 7 Key Focus Areas for New CFOs 1. Introduction to the Evolving Role of the CFO In our previous discussion, we outlined the critical first steps a newly appointed CFO should take to establish a solid foundation within their organization. Delegation and Empowerment: No CFO can do it all alone.

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Prioritization CFO Leverage Risk Management 52

The Charity CFO

DECEMBER 15, 2023

Not only does it help with transparency in your organization, but properly recording revenue keeps you in compliance with nonprofit regulations. Like restricted and unrestricted funds, keeping grant and sponsorship money can save you headaches at tax time (and when communicating with donors ). Reach Out to the Charity CFO!

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Nonprofit Compliance CFO Valuation 52

VCFO

NOVEMBER 1, 2023

A common outcome of this mindset is a rationalization on the part of the CEO that they (perhaps along with the CFO) can adequately represent the views of People Ops as strategic planning commences, check some HR-oriented items off the list themselves, and not bring focused People Operations expertise to the table.

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Strategic Planning Leadership Compliance Planning 75

The Charity CFO

APRIL 22, 2024

High levels of burnout could pose legal, compliance, and financial risks as employees lose focus or drive in their jobs. You can do this by promoting open communication and transparency throughout your nonprofit. In addition to communication, you can help reduce burnout by prioritizing employee wellness and mental health.

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