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.

Compliance 52

Compliance Communication Technology CFO 52

PYMNTS

SEPTEMBER 13, 2019

Many firms are likely to fall afoul of compliance , especially if they want to field international transactions. 66 percent: Share of EU businesses that have bought tools to monitor enterprise communications and manage GDPR requirements. As detailed in the latest PSD2 Tracker , tomorrow (Sept. The potential impact may be significant.

Compliance 62

Compliance Communication 62

PYMNTS

DECEMBER 14, 2016

In business, as in life, across all relationships, so much depends on good communication. In the business relationships that make up each link in a supply chain, communication is key in delivering goods and services on time, with clear parameters of who, what, where, when and how.

Communication 70

Communication Invoicing Manufacturing Compliance 70

PYMNTS

SEPTEMBER 16, 2019

Despite announcements last month that the deadline for Strong Customer Authentication (SCA) compliance will be extended , the original proposed deadline approaches next week. The potential cost for non-compliance is huge. The real challenge is, what do merchants communicate to their customers at the moment? Immediate Challenges.

Compliance 52

Compliance Communication Leverage Securities 52

CFA Institute

AUGUST 3, 2021

How can compliance teams earn employee buy-in, encourage software adoption, and lower their firm’s risk?

Compliance 62

Compliance Finance Risk Management Communication 62

PYMNTS

SEPTEMBER 26, 2018

A case of complacency on compliance? 25) from Verizon Communications, full compliance with the PCI DSS (short for Payment Card Industry Data Security Standard) dropped last year, the first decline seen in six years. percent at full compliance in Europe, while the standing was 39.7 The headline numbers: 52.5

Compliance 53

Compliance Communication Securities Retail 53

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.

Compliance 98

Compliance Communication Investments 98

Beacon CFO Plus

NOVEMBER 30, 2023

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

PYMNTS

JUNE 10, 2019

Oracle has announced new enhancements for its Retail Brand Compliance Management Cloud Service , which will enable retailers to monitor the integrity of their materials and end products. The biggest names in grocery rely on Oracle Retail Brand Compliance to meet these expectations, while protecting their customers and brands.”

Compliance 46

Compliance Retail Manufacturing Communication 46

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.

Compliance 130

Compliance Communication Accounting Currencies 130

PYMNTS

SEPTEMBER 17, 2018

According to Sid Nair, senior director of transport and compliance at Teletrac Navman, fleet managers appear to be adopting technologies like ELDs merely to maintain compliance. “That’s likely due to tech fatigue, especially in the wake of regulations that [demand] new technology, like ELDs.”

Compliance 55

Compliance Benchmarking Transportation Technology 55

E78 Partners

MAY 13, 2024

It ensures that all practices, regardless of when they join the organization, are on the same page regarding technology, making training, support, compliance, and reporting uniform and centralized. However, a common technology stack allows new acquisitions to integrate quickly and smoothly.

Technology 52

Technology Healthcare Compliance Prioritization 52

Future CFO

FEBRUARY 26, 2024

Joshua Ong Business Potential Attracting investors hinges on effectively communicating the value proposition of your business This entails highlighting factors such as market potential for your product or service, your unique competitive advantage, growth projections, scalability, and the competence of your team.

Compliance 98

Compliance Financial Reporting Communication Finance 98

Nerd's Eye View

DECEMBER 27, 2023

These responsibilities also extend to the use of any technology used in the process of giving advice: A recommendation made with the aid of technology still needs to be in the client's best interests, while the technology also needs to carry out any function as it's described in the advisor's marketing materials and client communications.

Communication 75

Communication Compliance Advertising Technology 75

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. Now, they are back, they’re applying for a new bank account because they have just won a tender.”

Accounting 94

Accounting Problem Solving Compliance Communication 94

Boston Startup CFO

APRIL 12, 2024

409A / Valuations Leveraging our expertise and industry knowledge, we will conduct thorough assessments to determine the fair market value of your company, ensuring compliance with regulations and helping you make informed decisions related to stock options, equity compensation, and financial reporting.

Corporate Finance 40

Corporate Finance Finance Auditing Compliance 40

Future CFO

MAY 1, 2024

As they assist in compliance audits and the monitoring of internal controls to ensure that everyone within the company does their job correctly, they are also expected to thrive and flourish amid the challenges along the way for the benefit of the organisation.

Leadership 98

Leadership IFRS Finance Communication 98

CFO Network

MARCH 18, 2024

Whether navigating tax intricacies or ensuring regulatory compliance, outsourcing offers a gateway to expert guidance and support. Effective Communication: Overcoming Barriers in Outsourcing Communication breakdowns pose another hurdle in outsourcing accounting services.

Accounting 52

Accounting Prioritization Communication Construction 52

CFO News Room

FEBRUARY 3, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the SEC has issued a risk alert outlining Reg BI-related deficiencies discovered during recent examinations of broker-dealers, from dual-registered advisors not clearly communicating whether they were acting as a commission-based (..)

Education 130

Education Compliance Communication Investments 130

PYMNTS

JULY 2, 2018

According to John Epperson, principal at Crowe LLP , that goes to show that the current approaches to regulatory and compliance technology ( RegTech ) aren’t working. That conflicts with organizations’ compliance needs, as they require a certain level of information to meet the standards. Why RegTech? A Cultural Shift Is Needed.

Compliance 43

Compliance Banking Investments Risk Management 43

Barry Ritholtz

MAY 20, 2023

As president, she is responsible for corporate sustainability and responsible investing; Man Solutions and Man FRM; central trading, funds treasury and bank relationships; operations; financial crime; corporate real estate; and communications. Before joining the firm in 2010 as Chief Compliance Officer for Man GLG, Robyn held Sr.

Compliance 120

Compliance Treasury Communication Investments 120

CFO News

OCTOBER 20, 2023

The Reserve Bank of India said L&T Finance failed to notify the change in penal interest rate to borrowers, when it charged penal interest rate higher than what was communicated at the time of sanction. The central bank said penalty is based on the deficiencies in regulatory compliance

Finance 52

Finance Compliance Communication Banking 52

Future CFO

NOVEMBER 7, 2023

Leverage technologies — Organisations must take advantage of innovative tools such as blockchain and artificial intelligence to unearth irregularities faster than human reviewers could detect them (and possibly before they become expensive compliance problems).

Auditing 52

Auditing Finance Compliance Construction 52

PYMNTS

JULY 30, 2019

Blockchain-based payment system PumaPay has announced the launch of a new cryptobilling solution which has secured PCI (payment card industry) compliance. PullPayment Protocol will enable multiple payment scenarios and all the familiar billing methodologies used with credit cards.

Compliance 49

Compliance Currencies Communication Securities 49

CFO News Room

DECEMBER 16, 2022

Chief Compliance Officer. A chief compliance officer ensures financial institutions adhere to all applicable laws and regulations. To keep a business running smoothly and help avoid costly non-compliance fees, CCOs monitor company policy and compliance. Communication Skills. Average salary: $114,832 per year.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

CFO Talks

FEBRUARY 9, 2024

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. Moreover, effective communication is essential for breaking down obstacles between the finance team and other departments.

Communication 52

Communication Leadership CFO Budgeting 52

VCFO

MARCH 21, 2024

For example, generative AI can be used to create design mockups, improve customer service communications, or summarize lengthy and complex documents or datasets. Guidelines for Data Usage: Emphasize the importance of using properly sourced and licensed data to avoid copyright infringement and ensure data privacy compliance.

Microsoft Office 80

Microsoft Office Compliance Auditing Education 80

Bramasol

SEPTEMBER 29, 2023

Globalization CFOs have long needed to assure compliance with two different standards-setting bodies. Although there has been a mutual effort between FASB and IASB since 2008 to harmonize many of the compliance and reporting requirements, there are still differences that need to be taken into account by companies doing business globally.

IFRS 97

IFRS Technology SAP Compliance 97

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.

Nonprofit 98

Nonprofit Auditing Compliance CFO 98

The Charity CFO

APRIL 13, 2023

In order to successfully manage the financial health of your nonprofit organization, here are 7 key concepts you should understand: Compliance and Audit Requirements Compliance is the act of ensuring the public that nonprofits are abiding by the rules that allow them to take advantage of tax exempt status and other financial incentives.

Nonprofit 52

Nonprofit Compliance Accounting Standards Budgeting 52

Future CFO

MARCH 14, 2024

Manabat adds that regulatory changes have also impacted the accounting profession, requiring accountants to stay updated and ensure compliance with new guidelines. ‘No Meanwhile, Somchitrmool says accountants must adapt their roles to become true business partners while effectively managing change and compliance.

Accounting 98

Accounting Finance Financial Analysis Compliance 98

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. Once caught up on past sales taxes, you should maintain compliance by routinely filing sales tax returns. Sales tax compliance services.

Sales 98

Sales Auditing Compliance Tax Planning 98

CFO Thought Leader

APRIL 16, 2024

Kicking off his career fresh out of school, Udit Tibrewal joined the audit practice of PricewaterhouseCoopers (PwC) in New Delhi, where he set about learning the intricate workings of financial compliance. Cultivate strong communication skills, foster collaboration across teams, and always prioritize integrity in decision-making.

CFO 52

CFO Auditing Compliance Prioritization 52

Future CFO

MAY 5, 2024

Finance professionals must invest in education and training to critically evaluate AI outputs, communicate clearly with key stakeholders, and make informed decisions. ACCA urges finance professionals to ensure that AI governance and AI risk management is in place, beginning with investing in AI literacy and skills development.

Risk Management 52

Risk Management Leadership Auditing Finance 52

PYMNTS

FEBRUARY 23, 2017

And while financial services is a major are of focus for these companies — using blockchain for solutions like cross-border payments, for example — these players are also exploring how to use the tool for non-financial purposes, like KYC compliance and cybersecurity.

Communication 46

Communication Banking Compliance Technology 46

Nerd's Eye View

JANUARY 26, 2024

Also in industry news this week: A House committee has advanced a bill that would extend several expired business-related tax measures from the Tax Cuts and Jobs Act and would increase the value of the Child Tax Credit The SEC released its examination priorities for 2024, which include a focus on advisers' adherence to their duty of care and duty of (..)

Compliance 75

Compliance Communication Technology Planning 75

Accountancy Today

MARCH 1, 2023

FRP Corporate Finance has advised on the pre-pack sale of Truphone Limited, a global mobile communications company, to TP Global Operations Limited, in a transaction that saves around 450 jobs. Following the sale Truphone’s new owners will focus on expanding the business’ compliance solutions as well as its eSIM technology.

Corporate Finance 81

Corporate Finance Sales Finance Restructuring 81