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How Complex Are Your Business Finances?

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Secure access to your key data from anywhere, at any time, because your accounting solution is cloud-based. GAAP, IFRS, and cash base side by side for better visibility. The benefits don’t end there. . Streamline your payment processing, increase efficiencies and, on average, reduce processing costs by 70%.

Finance 104
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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns. With all these great new capabilities at our fingertips, the future will also require constant vigilance and regular updates to security protocols as AI systems become more sophisticated and the risk landscape evolves.

Finance 95
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TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns. With all these great new capabilities at our fingertips, the future will also require constant vigilance and regular updates to security protocols as AI systems become more sophisticated and the risk landscape evolves.

Finance 52
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Relieving the Pain of Year-End Close and Reporting

Planful

Consolidating the financial results following US GAAP or IFRS guidelines, including these steps: Performing currency conversions. They’ll conclude that there’s a total lack of security, control, and audit trails when using spreadsheets. Managing complex intercompany reconciliations. Correctly accounting for minority interests.

IFRS 40
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Making the Business Case for Cloud-Based Planning and Reporting

Planful

Lack of security sending budgeting spreadsheets via email. Not being compliant with US GAAP or IFRS. Lack of security. Better security. The key challenges in using spreadsheets and email for budgeting and planning: Too much manual work – the process takes too long. Spreadsheets are error-prone, low data quality.

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Musings on Markets: Data Update 5 for 2022: The Bottom Line!

CFO News Room

Income from financial holdings (including cash balances, investments in financial securities and minority holdings in other businesses) are added back, and interest expenses on debt are subtracted out to get to taxable income. The numbers yield interesting insights. .

Marketing 130
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Disclosure Dilemma: When more (data) leads to less (information)!

Musings on Markets

It took the Great Depression for the New York Stock Exchange to wake up to the need for improved and standardized disclosure requirements, and for the government to create a regulatory body, the Securities and Exchange Commission (SEC).

GAAP 52