The Charity CFO

MAY 19, 2023

Cash management for a nonprofit organization is possibly the most important consideration for success. In a previous article, we discussed the benefits, risks, and compliance requirements of outsourcing bookkeeping for nonprofit organizations.

Cash Management 52

Cash Management Nonprofit Compliance Budgeting 52

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. Financial Examiner.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

Beacon CFO Plus

NOVEMBER 15, 2023

Cash Flow Management: Managing cash flow is critical for SMEs. Fractional CFOs help monitor and optimize cash flow to ensure your company’s financial stability and growth. Financial Reporting: They prepare and analyze financial reports, providing valuable insights into your company’s financial health.

CFO 52

CFO Budgeting Strategic Planning Financial Analysis 52

Future CFO

FEBRUARY 11, 2024

62% of executives strongly agree their companies apply the same diligence to ESG reporting as they do to financial reporting. Just 32% of managers say the same Technology access is going to be key to unlocking value in ESG/Sustainability. There is a disconnect between executives and employees.

Net Present Value (NPV) 98

Net Present Value (NPV) CFO Compliance Economics 98

Future CFO

MARCH 5, 2024

The path forward to action The report cites three critical actions that companies should consider taking to support the global climate agenda: Mindset shift from burden to action: In the best performing companies, disclosure data is used to drive action.

IFRS 52

IFRS Compliance Leverage Transportation 52

VCFO

FEBRUARY 15, 2023

She is highly effective at executing finance function strategically, establishing financial and risk controls, and overseeing capital structure. Lee Ann’s depth and breadth of expertise includes board reporting, audit preparation, business plan development, market research and analysis, risk management, and capital requirements.

Auditing 52

Auditing CFO Risk Management Budgeting 52

Spreadym

OCTOBER 3, 2023

Candidates should be able to connect financial data to broader business strategies. Risk Management: Skills in identifying, assessing, and managing financial risks are important. This includes assessing market risks, credit risks, and operational risks.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Financial Analysis Budgeting Financial Modeling 59

Spreadym

APRIL 27, 2023

Financial reporting: These tools generate financial reports, including income statements, balance sheets, and cash flow statements. It can be important that FA&P software can generate financial reports by several standards.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

CFO Talks

MARCH 20, 2024

Key Differences in Everyday Tasks: Reporting: The Controller prepares financial reports; the CFO reviews these reports and uses them to make decisions or plan strategies. This delineation of responsibilities highlights the synergy and division of tasks within an organization’s financial architecture.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

Future CFO

MARCH 1, 2023

Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporate finance function manages its strategy, processes, internal controls, and financial reporting. Any advice for CFOs and finance heads looking to jumpstart a transformation?

Finance 91

Finance Benchmarking Compliance SAP 91

CFO Talks

MARCH 14, 2024

The position of Chief Financial Officer has evolved significantly over the past few decades. No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making. Delegation and Empowerment: No CFO can do it all alone.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO Leadership

OCTOBER 10, 2023

AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. As AI permeates finance, questions about its compliance with audits and financial governance will arise.

Finance 95

Finance Accounting Auditing IFRS 95

Michigan CFO

JUNE 7, 2023

Understanding the Role of a CFO A CFO is a high-level executive responsible for overseeing the financial activities of an organization. Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team.

CFO 52

CFO Problem Solving Budgeting Communication 52

CFO Talks

JUNE 7, 2022

Steward Role & Competencies: Accounting, control, risk management and asset preservation are the proficiencies of the Steward. The Steward must ensure company compliance with financial reporting and control requirements. Competencies include: Working knowledge of risk management, budget, and forecasting tools.

CFO 52

CFO IFRS Leadership Risk Management 52

The Finance Weekly

JANUARY 22, 2024

Supervise and offer suggestions for the financial department. Assist with risk management, audits, and research. Identify investment and financial planning opportunities. Collaborate with other executives and department heads on budget creation and management. Prepare quarterly and annual tax filings.

CFO 52

CFO Education Communication Leadership 52

Future CFO

MAY 21, 2020

A Dow Jones Intelligence survey of 500 finance executives affirm what we know today – there is greater demand on the CFO to participate in strategic business decision-making, as well as a more diverse types of business and operational risk management.

CFO 52

CFO Auditing Risk Management Budgeting 52

VCFO

APRIL 21, 2022

He is particularly skilled in strategic planning, resource management, operations management, forecasting, credit and collections, due diligence, financial reporting and documentation, private equity, bank financing, risk management, compliance, and banking relationships.

CFO 52

CFO Strategic Planning Auditing Leadership 52

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. 1] Robert Half and Protiviti are members of the Microsoft AI Cloud Partner Program.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

CFO Leadership

OCTOBER 18, 2023

AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. As AI permeates finance, questions about its compliance with audits and financial governance will arise.

Finance 52

Finance Accounting Auditing IFRS 52

Future CFO

SEPTEMBER 3, 2019

Aged 57, she will be responsible for the group’s financial functions including accounting, financial and management reporting, taxation, internal controls, and risk management.

Corporate Finance 40

Corporate Finance CFO Risk Management Compliance 40

Future CFO

SEPTEMBER 7, 2022

The study identified additional skills required for preparers of financial reporting and assurance service providers. Examples of preparers of financial reporting include CFOs , finance managers, and internal auditors, ISCA said. .

Finance 52

Finance Auditing Corporate Finance Accounting 52

Future CFO

AUGUST 23, 2022

These days, at least in Asia, sustainability responsibilities appear to be more closely associated with a Chief Financial Officer (CFO). Lim opined that with the level of scrutiny over ‘non-financial’ and ‘financial’ reporting on the rise, corporates need buy-in and support from the Board to push the sustainability agenda.

CFO 98

CFO Auditing Finance Treasury 98

Spreadym

JUNE 27, 2023

This includes analyzing revenue and expense trends, profitability, cost drivers, key performance indicators (KPIs), and financial ratios. This enables management to take corrective actions, implement efficiency measures, and evaluate the success of initiatives. They analyze key financial metrics, ratios, and profitability drivers.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Financial Analysis Budgeting 52

The Charity CFO

JANUARY 5, 2023

Without a good grasp of your finances, your nonprofit risks: Exposure to fraud. Poor financial reporting. Tax issues and non-compliance with regulatory requirements. So, how can you guarantee that your organization is not exposed to any of these risks? Ease the tax reporting. Bring GAAP compliance.

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52

The Finance Weekly

JANUARY 21, 2024

Problem 1: Using Old and Cumbersome Excel Models Many of us have developed a financial reporting process that uses workarounds for limitations in our ERP software and to ensure we can meet our deadlines without accidentally breaking something. All involving Excel data manipulation.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 40

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. Get the free guide!

Nonprofit 52

Nonprofit Problem Solving Finance CFO 52

The Finance Weekly

OCTOBER 13, 2021

Compliance: Abide by laws regarding environmental regulations, financial reporting, etc. Internal: Employee experience and quality of company management. It should be noted that people often mix up Human Performance Management (HPM) and CPM. A collaborative approach can also vastly improve risk management.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Strategic Planning 52

The Finance Weekly

JANUARY 31, 2022

Activity-based costing can be used to calculate the cost of each activity for budgeting and financial reporting, so it will be easy for the FP&A function to measure the performance of each business function against these activities as this will help the organization to streamline their operations.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leadership IFRS Budgeting 52

CFO Talks

OCTOBER 19, 2022

You have been working as a financial professional for many years, have your perceptions changed regarding the roles of a financial director or a head of finance over the past few years? I think the responsibilities now are more strategic and have to do with the overall managing of the business.

CFO 52

CFO Education Finance Accounting 52

CFO Talks

DECEMBER 8, 2021

That’s a lot of compliance to cover. This is a role she’s performed since 2020 and a risk analyst at the South African Reserve Bank, while concurrently serving as a non-executive director at the Institute of Bankers of South Africa, on a pro bono basis. LINDELANI GUMBO: Good morning, Ciaran. I love the regulatory space.

Auditing 72

Auditing Accounting Banking Risk Management 72

Bramasol

MARCH 24, 2022

This important issue was previously explored last year in Are You Ready for "Carbon Accounting" Compliance? Climate-related risks and their actual or likely material impacts on the registrant’s business, strategy, and outlook; ? The registrant’s governance of climate-related risks and relevant risk management processes; ?

Accounting 83

Accounting SAP Analyzing Data IFRS 83

Spreadym

OCTOBER 20, 2023

A multi-currency account reporting refers to the financial reporting and tracking of transactions in multiple currencies within a single account or financial system. Currency Risk Management: Businesses can use multi-currency account reporting to manage currency risk.

Currencies 52

Currencies Accounting Risk Management Compliance 52

Spreadym

SEPTEMBER 27, 2023

Risk Management: CPM also involves identifying and managing risks that could affect the achievement of strategic goals. This includes assessing financial risks, market risks, and operational risks.

SAP 59

SAP Budgeting Forecasting Auditing 59

The Finance Weekly

OCTOBER 13, 2021

Make a financial reporting strategy. One of the most difficult aspects of a merger or acquisition for finance experts is combining the financial data of two independent firms into one. When it comes to something as vital as risk management, though, best practices must be followed: 1. Secure a quick win.

Mergers and Acquisitions (M&A) 52

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

Planful

JUNE 3, 2021

Investing in innovative technology, such as a cloud-based planning and consolidation platform, gives your finance teams the support they need for financials. Eliminate manual tasks, overcome information silos, and ensure compliance while creating these statements, even as the company scales. Transform the Finance Consolidation Process.

Compliance 40

Compliance Reconciliations Currencies Finance 40

PYMNTS

JANUARY 15, 2019

Total credit losses were $721 million in fourth quarter 2018, up $41 million from third quarter 2018,” the bank said in its financial report. Sloan continued, “We have hired new leaders in key roles, including our new chief risk officer, chief compliance officer, head of regulatory relations and chief operational risk officer.

Profit and Loss 46

Profit and Loss Risk Management Compliance CFO 46

PYMNTS

JANUARY 15, 2019

Total credit losses were $721 million in fourth quarter 2018, up $41 million from third quarter 2018,” the bank said Tuesday its in financial report. Our corporate risk management team members grew by approximately 1,300, or 15 percent in 2018.”.

Profit and Loss 43

Profit and Loss Risk Management Compliance CFO 43