CFO Dive

SEPTEMBER 13, 2024

SEC Chair Gary Gensler has stepped up enforcement since 2021, targeting investor fraud, cyber-related misconduct and misleading financial reporting.

Financial Reporting 293

Financial Reporting 293

CFO Dive

JULY 10, 2024

The grain trading giant’s financial reporting practices have been in the spotlight since January when it revealed an internal probe was underway.

Accounting 282

Accounting CFO Financial Reporting 282

Lime Light

MARCH 11, 2025

Manual financial reporting processes, heavily reliant on spreadsheets and human data entry, create significant room for errors, delays, and inconsistencies. These inefficiencies can severely impact decision-making, and ultimately, a businesss bottom line.

Financial Reporting 52

Financial Reporting Budgeting Forecasting Planning 52

CFO Dive

JUNE 24, 2024

The Sarbanes-Oxley Act of 2002 prompted a long-term reduction in restatements by tightening financial reporting and audit rules, CAQ said.

Auditing 261

Auditing Financial Reporting 261

CFO Dive

NOVEMBER 3, 2023

KPMG found in a survey that 55% of executives do not expect AI to replace financial reporting jobs. But 39% of respondents disagree.

Financial Reporting 274

Financial Reporting 274

CFO Talks

NOVEMBER 20, 2024

For example, while South African companies follow International Financial Reporting Standards (IFRS), the US requires compliance with its Generally Accepted Accounting Principles (GAAP). IFRS is principles-based and allows for some judgment in financial reporting, while GAAP is more rigid, rules-based, and less forgiving.

IFRS 98

IFRS GAAP Currencies CFO 98

CFO Dive

APRIL 17, 2024

The new chief legal officer is joining the company as it faces a fresh set of headwinds related to its internal control over financial reports.

Financial Reporting 273

Financial Reporting 273

CFO Dive

OCTOBER 26, 2022

The new clawback rules come amid a broader push by the SEC for more transparency and disclosures in financial reports.

Financial Reporting 261

Financial Reporting 261

CFO Dive

OCTOBER 18, 2022

Absent IRS direction, certain companies may struggle to accurately report the new tax’s financial impact in their future financial reports.

Financial Reporting 259

Financial Reporting 259

CFO Dive

OCTOBER 7, 2022

As financial report preparers are beginning to grapple with the ramifications of the new 15% corporate minimum tax, the split-off issue is emerging as a flashpoint.

Financial Reporting 261

Financial Reporting 261

CFO Dive

APRIL 5, 2024

Many businesses and financial report preparers already rely on the IAS government grant accounting rules because GAAP is silent on the subject.

GAAP 258

GAAP Financial Reporting Accounting 258

CFO Dive

APRIL 24, 2023

The newly-minted CFO will concentrate on FP&A and financial reporting this year, which requires finding finance employees that have a range of skill sets.

CFO 256

CFO Concentration Finance Financial Reporting 256

CFO Dive

JULY 12, 2023

The company announced it will also be restating certain financial reports. The electric vehicle maker’s new interim CFO, Jonathan Maroko, is replacing Yun Han, who resigned from the top finance role.

CFO 246

CFO Financial Reporting Finance 246

CFO Dive

AUGUST 17, 2023

The former CFO of Malvern Bancorp failed to maintain accurate books and records and implement effective internal controls over financial reporting, the SEC found.

CFO 237

CFO Banking Financial Reporting 237

CFO Dive

FEBRUARY 29, 2024

The chemicals company said it is evaluating “potential material weaknesses” in its internal control over financial reporting. Its shares plunged 35% Thursday.

CFO 221

CFO Financial Reporting 221

Future CFO

DECEMBER 29, 2024

Evolving role Historically, CFOs were the stewards of financial reporting and compliance. Arellano-Geronimo highlights that CFOs must move beyond traditional financial reporting to deliver insights that influence critical business decisions.

Finance 98

Finance Compliance Data Analysis Leadership 98

CFO Dive

FEBRUARY 4, 2025

The agricultural company’s CFO Monish Patolawala said the company is making progress on its effort to “lift” the material weakness related to its financial reporting.

CFO 177

CFO Financial Reporting 177

Global Finance

DECEMBER 5, 2024

Due to our passive position in foreign currency, motivated by our current financing, an exchange loss of 130 billion pesos was recorded, Pemex announced in a financial report. Pemexs total sales were 7.7% lower than in third-quarter 2023. The company blamed a 6.8% depreciation of the Mexican peso against the dollar.

Foreign Exchange 109

Foreign Exchange Concentration Budgeting Finance 109

Global Finance

OCTOBER 28, 2024

Some companies, such as Advanced Auto Parts and Tupperware, failed to file financial reports on time simply because they didn’t have enough accountants. “We According to the American Institute of Certified Public Accountants, there are 340,000 fewer CPAs than five years ago. It is becoming increasingly difficult to do the job expected.

Management Consulting 98

Management Consulting Accounting CFO Finance 98

E78 Partners

JANUARY 9, 2025

This includes adapting internal controls, financial reporting, and governance processes to align with current and future requirements. Companies need to evaluate their readiness across several dimensions, including financial reporting, operational scalability, and regulatory compliance.

Compliance 59

Compliance Financial Reporting Planning Marketing 59

The Charity CFO

MAY 13, 2025

Principle #9: Monthly Reconciliations & Reports The accounting team should close the books monthly, ensuring that all statement of financial position accounts are reconciled. Monthly financial reports should be shared with leadership on a consistent timeline. Get the free guide!

Accounting 82

Accounting Nonprofit Reconciliations CFO 82

CFO News

FEBRUARY 17, 2025

The National Financial Reporting Authority (NFRA) has published its 2023 audit inspection report on Price Waterhouse Chartered Accountants LLP (PWCA) and Price Waterhouse & Co Chartered Accountants LLP (PW & Co CA), highlighting issues related to the verification of related party transactions and adherence to independence standards.

Auditing 68

Auditing Financial Reporting Accounting 68

E78 Partners

MARCH 3, 2025

Despite these favorable conditions, successful IPOs require meticulous preparation, robust financial reporting, and a governance framework that instills investor confidence. Companies must ensure they are operationally, financially, and strategically ready for the transition to public markets.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) GAAP Marketing Compliance 52

CFO Plans

DECEMBER 2, 2024

As businesses aim for growth, astute financial management becomes essential. Join us as we explore unique perspectives on financial reporting and data analysis, offering actionable insights for hospitality business owners seeking growth opportunities without a dedicated financial strategist.

CFO 52

CFO Benchmarking Financial Analysis Financial Data 52

CFO Dive

JULY 27, 2022

Aspen’s hiring of Ernst & Young follows the resignation of KPMG after the insurer identified “material weaknesses” in internal controls related to its financial reporting.

Accounting 144

Accounting Financial Reporting 144

CFO News

MARCH 9, 2025

The National Financial Reporting Authority (NFRA) has called for enhanced communication between auditors and audit committees regarding complex tax estimates under Ind AS 12, particularly Deferred Tax Assets (DTAs) and Liabilities (DTLs).

Communication 55

Communication Auditing Financial Reporting 55

CFO Talks

MARCH 5, 2025

Follow standard accounting rules In most industries, this means using IFRS (International Financial Reporting Standards) or IFRS for SME (International Financial Reporting Standard for Small and Medium-sized Entities) to prepare financial statements.

IFRS 52

IFRS Auditing Compliance Financial Data 52

The Charity CFO

APRIL 29, 2025

They dont wait for a crisis to ask questionsthey proactively engage with financial reports, forecasts, and metrics. Get our FREE GUIDE to nonprofit financial reports, featuring illustrations, annotations, and insights to help you better understand your organization's finances. Get the free guide!

Leadership 74

Leadership Accounting Nonprofit CFO 74

CFO Plans

APRIL 14, 2025

Regularly update your financial records, maintain open lines of communication with your tax advisor, and always double-check your filings before submission. Emergency Financial Reporting for Crisis Management During times of crisis, timely financial reporting becomes critical.

Auditing 52

Auditing Compliance CFO Financial Reporting 52

Cube Software

APRIL 3, 2025

The consolidation process typically includes aggregating financial results, eliminating intercompany transactions, handling currency conversions, and ensuring compliance with accounting standards like the International Financial Reporting Standards (IFRS) or Generally Accepted Accounting Principles GAAP.

IFRS 52

IFRS GAAP Accounting Principles Accounting Standards 52

Global Finance

MARCH 2, 2025

Here in the UK, the Financial Reporting Council looked into audit papers of the FTSE 100 and basically gave them a good health score. Horton: If they have an IPO, theyll be big firms, and theyll follow International Financial Reporting Standards or US GAAP. GF: Why is so much fraud connected with IPOs?

Forecasting 112

Forecasting Auditing Accounting Profit and Loss 112

CFO Dive

MARCH 14, 2022

The auto lender miscategorized cash flows in 2021, owing to a "material weakness" in the company’s financial reporting.

Accounting 130

Accounting Financial Reporting 130

The Charity CFO

APRIL 1, 2025

This section outlines how to: Build the right team : CFOs, bookkeepers, and support roles Implement cloud-based accounting and payroll systems Shift to accrual-basis accounting for accuracy Ensure timely, consistent financial reporting These basics allow you to grow confidently without chaos behind the scenes. Get the free guide!

Nonprofit 80

Nonprofit CFO Leadership Cash Flow Forecasting 80

CFO Dive

JANUARY 22, 2024

This short video explains how accurate, reliable and transparent financial reporting keep capital markets operating effectively. Do you know how audits can enhance the investment decision-making process?

Auditing 130

Auditing Financial Reporting Investments Marketing 130

CFO News

SEPTEMBER 14, 2023

The revised accounting norms for investment portfolio, which are effective from April 1, 2024, and are in line with the global financial reporting standards, are expected to enhance the quality of banks' financial reporting, as well as improve disclosures, say experts.

Investments 112

Investments Banking Financial Reporting Accounting 112

A Fractional CFO

MARCH 26, 2025

By Tony Fremarek | A Fractional CFO, LLC A CFO is responsible for managing the financial operations of a business, this includes accounting, financial reporting, cash management, budgeting, maintaining controls, capital structure issues, and financing. Additionally, the CFO is involved in strategic planning and financial.

CFO 66

CFO Strategic Planning Cash Management Budgeting 66

The Charity CFO

MAY 12, 2025

Cross-training ensures that if one team member is out unexpectedly, your financial operations dont grind to a halt. A CFO or Finance Director Provides strategic oversight, financial reporting, compliance guidance, forecasting, and high-level decision support. What Happens With the Right Team? Get the free guide!

Nonprofit 90

Nonprofit Accounting Leadership CFO 90