CFO News Room

DECEMBER 16, 2022

Employment numbers for Financial Managers are expected to rise by 17% over the next decade, faster than the average for all occupations. Chief Compliance Officer. A chief compliance officer ensures financial institutions adhere to all applicable laws and regulations. Financial Examiner. Insurance Advisor.

Finance

Future CFO

JUNE 24, 2024

The budget and forecast should reflect the Company’s plans, visions, expectations and educated guesses on the market trends. The balance sheet and key financial ratios should tell the strengths and problems of the Company. It’s not easy to go through all the financial data to identify what’s relevant and what’s not.

Auditing

CFO Talks

SEPTEMBER 17, 2024

Building Robust IT Systems for Financial Reporting As financial operations become increasingly complex, having the right IT infrastructure in place is no longer just a back-office necessity—it’s a strategic advantage. Cloud-Based Solutions: Cloud technology allows CFOs and their teams to access financial data anytime, anywhere.

Financial Reporting

CFO Leadership

OCTOBER 10, 2023

This makes them versatile tools in various fields such as education, customer service, and even creative writing. As AI permeates finance, questions about its compliance with audits and financial governance will arise. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

Accounting

Spreadym

OCTOBER 3, 2023

FP&A candidates typically have a background in finance, accounting, or a related field and possess a combination of skills and knowledge in financial analysis, modeling, and strategic planning. Many candidates also hold advanced degrees like a Master's in Business Administration (MBA) or a Chartered Financial Analyst (CFA) designation.

Financial Planning and Analysis (FP&A)

The Charity CFO

FEBRUARY 27, 2023

The major tasks of a treasurer can be summed up as follows: Operations management Oversight and compliance Strategic decision-making Operations management The operational tasks of a treasurer concern financial management. These tasks include organizing financial data into helpful reports to be presented to the other board members.

Nonprofit

PYMNTS

DECEMBER 27, 2019

One such firm is management and distribution company Sysco , which distributes food and beverage products to restaurants, healthcare and educational facilities. This allows workers to access the funds they need without clipping their receipts, while granting Sysco a clear view of its expense transactions, trends and policy compliance. “We

Compliance

The Charity CFO

JULY 19, 2024

They also help nonprofit leaders maintain compliance with legal standards and tax regulations. What is a Chief Financial Officer (CFO)? As an executive-level role, the CFO is in charge of guiding the overall financial strategy of the organization. Their job is to maintain accurate records of daily transactions.

CFO

Future CFO

JUNE 3, 2024

ESG in Asia Wood says companies in Singapore are leading the way in the transition towards stricter ESG regulations, as revealed by Workiva's recent ESG Practitioner Survey, outpacing their global counterparts in adopting integrated reporting, a practice that merges financial and sustainability disclosures.

Finance

CFO Plans

AUGUST 2, 2024

These platforms offer real-time access to financial data, robust security features, and the flexibility to work from anywhere. These tools are a boon for accounting consulting for entrepreneurs, enabling them to manage multiple financial tasks efficiently and accurately.

Technology

PYMNTS

AUGUST 5, 2016

” Outside of the accounting department, however, other parts of a business will feel the effects of automated accounting — and the access of the financial data that goes along with it. . “That’s going to be a value-add.” ” Over the last few years, adoption of automated accounting tools has been modest.

Accounting

Global Finance

JULY 31, 2024

AI can also be used to conduct periodic audits to review access logs, identify anomalies, and ensure compliance with security protocols. AI-driven data-masking, protects sensitive information, which reduces insider threats. Customer exit: Clear protocols should be in place to delete data from closed accounts.

Banking

CFO Leadership

OCTOBER 18, 2023

This makes them versatile tools in various fields such as education, customer service, and even creative writing. As AI permeates finance, questions about its compliance with audits and financial governance will arise. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

Accounting

The Charity CFO

AUGUST 28, 2023

However, financially-minded folks are crucial for a variety of reasons. They can provide guidance on: Budgeting Investments Risk management Complex compliance and legal issue All are necessary for keeping the lights on and charting the organization’s path ahead. Here are the keys to helping them help you.

Nonprofit

The Charity CFO

NOVEMBER 23, 2022

This is the minimum educational requirement for most nonprofit finance director positions. A bachelor’s degree in accounting, finance, or other related fields prepares them to analyze financial data and advise the nonprofit on financial decisions. How to verify. How to verify. Why this is important. How to verify.

Nonprofit

PYMNTS

APRIL 12, 2016

Nonprofits can face greater pressure than their for-profit peers when it comes to compliance. Because virtual cards are just that — virtual — they automate the payment and reconciliation processes, connecting payment data directly into financial systems. Not-For-Profit.

Nonprofit

Future CFO

JUNE 1, 2022

Provide continuing education programs to build resilience and prevent resistance toward new technologies. Administrative work may relate to compliance and documentation for various regulatory systems. Administrative tasks have a supportive function in core business operations.

Technology

Future CFO

OCTOBER 20, 2021

This made me decide to pursue my education in accounting. Of the many current responsibilities, I enjoy using financial data and providing the insights to influence operational and strategic decisions the most. Can you briefly describe your finance career journey and one or two highlights along the journey?

CFO

Future CFO

MARCH 7, 2021

Education matters. Part of my commitment is to deliberately seek out partnerships and ways to help elevate women in finance through training and education. Innovative technologies such as AI, big data and cloud computing, empower finance departments to effectively make the next best decision for their companies, teams, or customers.

Finance

The Finance Weekly

OCTOBER 13, 2021

Universities had to move to online learning when students were suddenly obliged to stay at home due to local health restrictions, while still providing them with a good educational experience. Make a financial reporting strategy. These shifts are still happening in every industry. Centralize risk management activities.

Mergers and Acquisitions (M&A)

CFO Talks

SEPTEMBER 13, 2024

It’s clear that African CFOs are highly focused on education and development, perhaps because there’s so much investment and growth happening in Africa. I have been with the pension fund for about three years as the Chief Financial Officer. The event featured amazing speakers and a great venue, with most attendees being African CFOs.

Finance

Barry Ritholtz

MAY 21, 2024

So after, after working at Scutter, I realized I didn’t really have the foundations for financials. And so I went to business school, I decided to go to business school, get that formal education. So, you know, not fundamental data. I didn’t understand, you know, kind of how to parse an income statement.

Finance