Future CFO

MAY 2, 2024

Embracing change Across disciplines, respondents of the Workiva survey nearly unanimously cite complying with new mandates as the most pressing challenge facing reporting teams and the volume of requirements they must contend with as their top compliance concern.

Compliance 52

Compliance Auditing Budgeting Leverage 52

Future CFO

NOVEMBER 2, 2020

China is the most complex jurisdiction for financial compliance in Asia Pacific while Hong Kong is the easiest, said TMF Group recently. Jurisdictions in APAC lag significantly behind the adoption of technology to streamline and simplify processes.

Compliance 40

Compliance IFRS GAAP Accounting Principles 40

The Charity CFO

APRIL 18, 2024

These challenges include financial issues, data security compliance, and talent retention problems. Financial Sustainability For nonprofits, financial sustainability means the financial security to cover expenses and advance your mission. 2024 will be no different.

Nonprofit 52

Nonprofit Compliance CFO Leverage 52

The Charity CFO

APRIL 20, 2023

We’re in the age of technology, and it seems that for every process or transaction, there is a corresponding technological solution designed to make our lives easier and our work more efficient. In today’s digital age, technology has revolutionized almost every aspect of business operations, including accounting and finance.

Nonprofit 98

Nonprofit Accounting Accounting Standards Budgeting 98

Future CFO

MAY 31, 2023

Technology has made financial reporting easy for everyone involved in the process, from the finance and accounts team preparing reports to the regulators, investors, and others who use those reports. That said, technology is only one aspect of the reporting process.

Finance 98

Finance General Ledger Prioritization Auditing 98

Future CFO

JANUARY 2, 2024

By outsourcing, businesses can reduce expenses related to salaries, benefits, training, office space, and technology infrastructure. Access to Advanced Technology and Tools: Outsourcing firms often invest in state-of-the-art accounting software and technologies to improve efficiency and accuracy.

Accounting 52

Accounting Finance Data Analysis Compliance 52

CFO News Room

DECEMBER 16, 2022

Financial managers are responsible for developing long-term financial plans, directing investment activities, and generating financial reports for their company. Employment numbers for Financial Managers are expected to rise by 17% over the next decade, faster than the average for all occupations.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

Future CFO

JANUARY 22, 2024

The accounting industry is undergoing profound transformation due to rapid technological advancements across all sectors in the market. In the present landscape, businesses can access up-to-date financial information at any given moment, empowering them to make well-informed decisions promptly.

Accounting 52

Accounting Reconciliations Financial Analysis Financial Data 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. million for organisations.

Net Present Value (NPV) 98

Net Present Value (NPV) CFO Compliance Economics 98

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.

Nonprofit 69

Nonprofit Finance CFO Compliance 69

Future CFO

AUGUST 1, 2023

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. This trend is driven by the need for real-time data analysis and insights to make informed business decisions.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

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. But it’s a heavy lift and it requires skill sets you may not have in-house.

Financial Planning and Analysis (FP&A) 115

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

The Charity CFO

APRIL 1, 2024

Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. You’ll need to use the right technology systems to get these benefits.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 52

Bramasol

JULY 22, 2023

This new update focuses on the progress of regulatory requirements and software solutions for tangible accounting and reporting of ESG, along with a look at how ESG management can help drive corporate value. The CSRD is part of the EU’s European Green Deal and the Sustainable Finance Agenda.

IFRS 89

IFRS Accounting SAP Compliance 89

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. Investing in Data Technology Data technology, such as data management software, makes implementing and benefiting from a data strategy easier than ever.

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 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. Recording Revenue for Nonprofits Donations and Contributions When recording donations for your nonprofit, technology is your best friend. Why use technology to track donations?

Nonprofit 52

Nonprofit Compliance CFO Valuation 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. Firms should make compliance easier for employees by simplifying processes through improved policies and automated solutions.

Finance 91

Finance Benchmarking Compliance SAP 91

The Charity CFO

MARCH 27, 2024

Specifically, nonprofit leaders should consider these factors when looking for software: Requirements for fund accounting Staying in compliance with reporting and filing Fund Accounting Requirements Fund accounting is an accounting system used by nonprofits that focuses on transparency and accountability rather than profits.

Nonprofit 40

Nonprofit Accounts Payable Compliance Invoicing 40

Beacon CFO Plus

NOVEMBER 15, 2023

No matter your industry, you must keep up with ever-changing market competition, regulatory requirements, talent acquisition needs, and new technology adoption. If you manage an SME—referring to a Small and Medium-Sized Enterprise—you may look to a fractional CFO to provide strategic financial expertise and guidance.

CFO 52

CFO Budgeting Strategic Planning Financial Analysis 52

CFO Talks

FEBRUARY 9, 2024

Historically, CFOs have been primarily responsible for financial reporting, budgeting, and compliance. Furthermore, CFOs can leverage technology to facilitate cross-functional collaboration. Let’s delve into how CFOs can spearhead this transformation and lead their teams to new heights of success.

Communication 52

Communication Leadership CFO Budgeting 52

Future CFO

MAY 1, 2024

As the person responsible for preparing an organisation’s financial reports, which include balance sheets and income statements, the role of a finance controller is anything but ordinary. It’s always a challenge when you start to implement a new technology,” Ramon concedes.

Leadership 52

Leadership IFRS Finance Communication 52

The Charity CFO

OCTOBER 4, 2022

They also develop and implement operational procedures and systems and manage budgets and financial reports. Information Technology. In turn, your operations manager will either report to the Director of Operations, the Chief Operating Officer (COO), or directly to the CEO or Executive Director. That may include.

Nonprofit 98

Nonprofit Budgeting Compliance CFO 98

Future CFO

SEPTEMBER 24, 2023

While traditional financial tasks like managing books and records, financial reporting, and ensuring compliance are still important, they have become second nature to CEOs,” Modani said. However, their responsibilities extend beyond financial management.

CFO 52

CFO Manufacturing Accounting Standards Compliance 52

Future CFO

MARCH 5, 2024

Sectors exposed to the greatest climate risk unsurprisingly have the most detailed plans, and these include energy (78%), mining (29%), transport (42%), and telecommunications and technology (43%). Agriculture, however, falls behind, with 47% of those surveyed in that sector disclosing any form of transition plan.

IFRS 52

IFRS Compliance Leverage Transportation 52

Future CFO

SEPTEMBER 8, 2022

It's more than just a compliance process, think about how to embed sustainability within your business strategy." Should companies integrate their ESG reporting with their financial reporting? Lastly, is getting companies to get past the compliance stage. The next thing is to think about it strategically.

CFO 98

CFO Finance Compliance Financial Data 98

The Finance Weekly

JANUARY 1, 2023

2) The Importance of Trustworthy, Independent SOC Reports in FP&A. In addition to being a year of instability and economic challenges, 2022 was also a year of increased focus on compliance and data security. Read the FP&A Software Solution Comparison here. Click , here to read.

Finance 98

Finance Compliance Economics Prioritization 98

PYMNTS

DECEMBER 15, 2020

Tipalti Chief Customer and Operating Officer Manish Vrishaketu said in the announcement that Acuant comprehended its need for automation and addressed its fast-growing business with safe and “user-friendly technology.”.

Accounts Payable 75

Accounts Payable Compliance Advertising Invoicing 75

VCFO

FEBRUARY 15, 2023

In 2012, she took on the role of controller/accounting manager for Garlock Pipe Technology, where she managed the accounting department and successfully implemented Oracle 13i. She had complete ownership of financials, reporting, auditing, and compliance for all entities.

Auditing 52

Auditing CFO Risk Management Budgeting 52

Spreadym

OCTOBER 3, 2023

Ethical and Confidentiality Awareness: Financial professionals must uphold ethical standards and handle sensitive financial information with discretion. Continuous Learning: Staying current with industry trends, financial regulations, and emerging technologies is important for professional growth.

Financial Planning and Analysis (FP&A) 59

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

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.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO Leadership

OCTOBER 10, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. 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?

Finance 95

Finance Accounting Auditing IFRS 95

The Charity CFO

NOVEMBER 30, 2023

Whether you trust your financial prowess or not, your nonprofit can benefit from a trusted accountant with nonprofit experience. A good nonprofit accountant can help double-check your work and keep your records in compliance. By working with us, you can be sure your financial records are accurate and within compliance regulations.

Nonprofit 52

Nonprofit Auditing Compliance Education 52

The Charity CFO

JANUARY 11, 2023

Revenue recognition for nonprofits may seem fairly straightforward, but has unique complexities with important compliance consequences. All these sources must be carefully managed to ensure compliance with Generally Accepted Accounting Principles (GAAP) and guidelines. Do You Struggle to Make Sense of Your Financial Statements?

Nonprofit 52

Nonprofit GAAP Accounting Principles Auditing 52

PYMNTS

FEBRUARY 11, 2020

In a move that bolsters its financial technology presence in India, Uber has put an Uber Money team into place in Hyderabad. Uber Money teams are also located in Palo Alto, Amsterdam, New York and San Francisco tech centers, Livemint reported.

Compliance 74

Compliance Investments Technology Financial Reporting 74

PYMNTS

SEPTEMBER 17, 2020

According to Woods, organizations and their finance teams must be strategic about how they reduce their reliance on physical paper and invest in the technologies that can optimize document management without adding any extra pain. Technology Plays Catch-Up. A (Digital) Document Deluge. Take the electronic invoice, for example. "I

Accounts Payable 63

Accounts Payable Compliance Invoicing Finance 63

PYMNTS

MARCH 4, 2020

Enterprise cloud migrations have opened up the ability for smaller businesses to adopt ERP technology once reserved for the largest corporates. At the same time, a surge in third-party financial platforms has disrupted the flow of data into the ERP, disbursing information throughout the back office. Disruption Ahead.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

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