CFO Talks

OCTOBER 3, 2024

Regular Reconciliations : Perform surprise cash counts and inventory checks and reconcile sales and deposit records frequently. Conflict of Interest Declarations : Require employees involved in procurement or contract management to disclose any potential conflicts of interest and enforce strict compliance.

Invoicing 98

Invoicing Auditing Benchmarking Reconciliations 98

Future CFO

APRIL 7, 2022

He comments that most accounting graduates have more exposure to Excel than finance-related software solutions through their college education), lethargy to pick up new technologies, and sometimes difficulty in getting approval for finance technology investment. Lee Chee Leong. banking fees). including those in the finance department ?

Finance 98

Finance SAP Cash Management Invoicing 98

Strategic Treasurer

MARCH 21, 2022

Data related to bank account management and reconciliation practices is also gathered for a more comprehensive view of how various treasury operations impact security. Bank Account Management, Reconciliation & Compliance Practices. Security Practices Employed (Both Human & Technological).

Treasury 52

Treasury Reconciliations Securities Risk Management 52

Strategic Treasurer

APRIL 3, 2023

The data is compiled annually and used to educate the industry on how the fraud landscape is evolving and how practitioners can better protect themselves and their organizations against attacks. Practitioners from all industries are polled on their experiences.

Treasury 52

Treasury Reconciliations Risk Management Education 52

PYMNTS

MAY 22, 2018

“When it comes to international billing, the process is far more complex, and if your invoicing does not make it easy for your international customers to pay you, it creates a domino effect of problems starting with extended DSO, high reconciliation costs, compliance issues and poor customer satisfaction.”.

Invoicing 52

Invoicing Reconciliations Education Compliance 52

CFO Talks

SEPTEMBER 17, 2024

For CFOs, ensuring that financial data is accurate, secure, and easily accessible is essential to driving sound decision-making and maintaining regulatory compliance. Prioritise security and compliance to protect financial data. Train your team to use these systems effectively and support them with ongoing education.

Financial Reporting 52

Financial Reporting Auditing CFO Compliance 52

CFO Simplified

JANUARY 5, 2024

Failure to promptly reconcile and monitor trust accounts may result in non-compliance with legal and ethical standards. Because of the compliance implications, reconciliation and oversight of these accounts is even more important than comparable oversight of the firm’s bank accounts. It belongs to your clients.

Auditing 52

Auditing Reconciliations Compliance Securities 52

The Charity CFO

JULY 19, 2024

They also help nonprofit leaders maintain compliance with legal standards and tax regulations. Let’s take a closer look at the responsibilities, scope of work, and educational requirements for these nonprofit financial roles. Accountants run reports to help determine if the bookkeeping is done correctly.

CFO 52

CFO Accounting Nonprofit General Ledger 52

Future CFO

MAY 5, 2025

This is alongside a strong commitment to employee wellbeing, with a focus on initiatives on flexible or remote working, compliance with standard working hours, and providing increased rest days to foster a supportive work environment. Evolution of roles As the market progresses and shifts, so do the organisations and people.

Finance 52

Finance Reconciliations Compliance Communication 52

PYMNTS

AUGUST 5, 2016

The CEO explained that, traditionally, accountants would print out reconciliations and store them in binders; auditors would then take a sample of those reconciliation documents and match those against the general ledger. Take auditing for instance. “That’s an insane approach.”

Accounting 42

Accounting Reconciliations General Ledger Auditing 42

The Finance Weekly

JANUARY 22, 2024

Qualifications of a CFO To become a CFO, you need to meet specific qualifications, such as: Education For this executive role, candidates are usually expected to have at least a bachelor's degree in accounting, finance, or a related field. Attend board meetings and provide detailed financial reports and recommendations to company leadership.

CFO 52

CFO Education Communication Risk Management 52

Planful

SEPTEMBER 1, 2016

The AAA has been around for 100 years and is a community of accounting educators. Here, she highlighted the challenges organizations face in managing the financial close and reporting process – tracking tasks, handling account reconciliations, ensuring the right controls are in place, and improving accuracy of reporting. Key Takeaways.

Technology 40

Technology Accounting Auditing Reconciliations 40

PYMNTS

MARCH 16, 2017

With its start in the education and healthcare sectors, Flywire’s expansion into B2B payments isn’t far of a stretch for the company, which already supports high-value international payments like tuition or medical care costs. Meanwhile, each particular geographic market has its own set of regulations, geopolitical and compliance demands.

B2B 43

B2B Marketing Compliance Invoicing 43

Spreadym

OCTOBER 20, 2023

Tax Reporting: For businesses operating internationally, multi-currency account reporting can help simplify tax reporting and compliance. Regular Reconciliation: Reconcile your multi-currency account regularly to ensure that the recorded transactions match the actual account balances. Seek professional advice if needed.

Currencies 52

Currencies Accounting Risk Management Compliance 52

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.

Nonprofit 40

Nonprofit Accounts Payable Reconciliations Cash Management 40

CFO Plans

AUGUST 2, 2024

Artificial Intelligence and Machine Learning in Accounting AI and machine learning are automating repetitive tasks such as data entry and reconciliation. Automation can also assist in business tax planning by ensuring compliance and optimizing tax strategies. Explore cloud-based accounting solutions with CFO Plans.

Technology 52

Technology Accounting CFO Tax Planning 52

PYMNTS

MAY 3, 2018

It’s what they’ve done before now in international education and healthcare payments (among many other verticals), and – through its partnership with Billtrust – it’s what they hope to bring to the $18.5 Unfortunately, “regulation and compliance issues alone could stymie businesses out of cross-border expansion,” Massaro said.

B2B 40

B2B Reconciliations Invoicing Currencies 40

The Charity CFO

JANUARY 5, 2023

Tax issues and non-compliance with regulatory requirements. Educate the staff and board on critical issues triggered by certain gifts. Bring GAAP compliance. This involves ensuring compliance with all accounting, reporting, and disclosure requirements. Collaboration issues. Misuse of funds and poor investments.

Nonprofit 52

Nonprofit GAAP Budgeting Compliance 52

BlueLight

JULY 16, 2020

For me, the social purpose is rooted in education and literacy. from taking care of their day-to-day bookkeeping, data entry, reconciliation, cash management, to building the three financial statements. I believe companies are social entities that should serve a purpose to society, beyond just commercial profit.

Startups 52

Startups CFO Reconciliations General Ledger 52

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. Companies had to stay relevant by reworking old business models in order to fulfill these new and continuously changing requirements.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52

The Charity CFO

APRIL 25, 2024

Categorizing transactions, reporting income, and meeting compliance requirements can be overwhelming. Compliance First and foremost, a good accounting system is going to make it easy to stay compliant. For nonprofit organizations, accounting comes with a lot of complexity. What is the actual goal in a nonprofit accounting setup?

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

CFO News Room

NOVEMBER 30, 2022

And yet, despite the prominent role of taxes in financial planning, advisors are often prohibited by their compliance departments from making recommendations for a specific course of action on a certain tax strategy. Examples of tax advice involving the interpretation of tax rules could include: Applying existing tax rules in new ways.

Tax Planning 130

Tax Planning Compliance Planning Communication 130

PYMNTS

DECEMBER 4, 2017

And the technology finally exists to make that happen; it simply takes some education to build awareness. Getting past that knee-jerk reaction requires educating suppliers with what Leavitt termed the PARS approach, focusing on Pricing, Automation, Reporting and Security. PARS for a New Course.

B2B 40

B2B Invoicing Reconciliations Accounts Payable 40

CFO News Room

DECEMBER 28, 2022

Nevertheless, the IRS must still formally approve what constitutes an “election”, custodians will have to update documents and procedures, and employers will have to educate plan participants about any new options they may have. higher education or deductible medical expenses) or experience certain events (e.g.,

Planning 130

Planning Securities Accounting Tax Planning 130

Barry Ritholtz

JULY 29, 2024

00:10:47 [Speaker Changed] So in the additive services that Orion offers now are financial planning, compliance, CRM services, risk and analysis portfolio construction and advisor portal and investor portal. We need to educate and attract talent to the industry. That’s right. So tell us a little bit about that.

Investments 59

Investments Communication Benchmarking Technology 59

PYMNTS

APRIL 17, 2018

They need to run compliance. There is a whole lot of compliance that goes into being able to bank one of these customers. We have to help educate legislators on what’s going on,” he said. “We They have to know your customer — and know your customer’s customer,” he explained. A lot of them do facility checks.

Accounts Payable 40

Accounts Payable Banking Compliance Reconciliations 40