CFO Talks

SEPTEMBER 5, 2024

Focusing on Security and Compliance Data security is non-negotiable in any FIS, especially given the increasing risks of cyber threats and the stringent requirements of South African regulations. Regular updates to the system to reflect changes in these regulations are also crucial.

IFRS 98

IFRS GAAP Compliance Reconciliations 98

CFO News Room

NOVEMBER 2, 2022

In the United States, Registered Investment Advisers (RIAs) are required to register in one of 2 ways: with the Federal government (namely the SEC) or with one (or more) state securities regulatory agencies. The Brochure Supplement – Form ADV Part 2B. The Brochure Supplement is the sister disclosure document to the Brochure.

Compliance 130

Compliance GAAP Investments Securities 130

PYMNTS

JULY 31, 2020

Zoom told the news service in a statement that it takes user privacy, security, and trust extremely seriously, and “as always, we welcome conversations with officials about our global business practices and policies.”. GAAP income from operations for the quarter was $23.4 The DOJ did not respond to requests for comment.

GAAP 62

GAAP Securities Communication Technology 62

PYMNTS

MAY 19, 2016

As more companies turn to non-GAAP for earnings reports, they are also allowed to remove particular expenses, such as non-cash costs. Earlier this week, the SEC released guidance that White described as the “consequential” nature of accounting practices that may mislead investors.

GAAP 42

GAAP Financial Systems Numbers Investments 42

Centage

JUNE 12, 2023

These solutions save time by automating and streamlining routine tasks, ensure everyone is on the same page with security assigned budget versions, and can handle complicated revenue streams with built-in financial logic. Then when multiplied by multiple LLCs – they were spending days upon days to get the reports completed.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Manufacturing Forecasting 98

PYMNTS

MAY 8, 2020

Cardtronics reported GAAP net income of $5.8 Over the past few months, the Cardtronics team has continued to operate seamlessly and provided valuable, secure and convenient access to cash for citizens across the communities we serve,” West said. million, or $0.13 per diluted share in Q1, compared to net income of $4.3

GAAP 52

GAAP Currencies Securities Economics 52

The Charity CFO

JANUARY 19, 2023

In the United States, these Generally Accepted Accounting Principles (or GAAP) are set by the Financial Accounting Standards Board (FASB). First, nonprofits must follow GAAP, the Generally Accepted Accounting Principles. NPOs must adhere to these accounting policies to remain compliant with the law and maintain their tax-exempt status.

Accounting Standards 52

Accounting Standards Nonprofit Accounting GAAP 52

PYMNTS

DECEMBER 10, 2016

The first was that Lending Club and some of its officers and/or directors violated a specific section of the Securities Exchange Act after the company sold an investor $22 million worth of subprime loans that were linked to consumers with poor credit scores. But it did push back that its non-GAAP metrics are “not misleading.”.

GAAP 73

GAAP Compliance Valuation Auditing 73

Bramasol

MAY 13, 2024

Enforcement: The PCAOB has the authority to discipline accounting firms and individuals for violations of PCAOB rules and securities laws. Inspections: It conducts regular inspections of registered public accounting firms to assess compliance with PCAOB standards and applicable laws and regulations.

Auditing 96

Auditing Compliance SAP Accounting Standards 96

PYMNTS

DECEMBER 3, 2019

The use of the metric raised red flags from analysts, though, and got the attention of the Securities and Exchange Commission (SEC). The company used generally accepted accounting principles (GAAP) to essentially turn a $1.9 The SEC is now reviewing WeWork’s reporting of financials and disclosures.

Benchmarking 54

Benchmarking Profit and Loss GAAP Accounting Principles 54

Jedox Finance

OCTOBER 6, 2022

All publicly traded organizations in the United States must prepare and file financial statements with the Securities and Exchange Commission (SEC). GAAP , or generally accepted accounting principles, are rules and guidelines that organizations in the US must follow when preparing their financial statements.

Profit and Loss 52

Profit and Loss GAAP Accounting Principles Accounting 52

PYMNTS

SEPTEMBER 16, 2020

Securities and Exchange Commission (SEC). Kohl’s reported a $39 million adjusted non-GAAP net loss on net sales of $3.21 Kohl’s said it foresees costs of roughly $23 million before tax for the actions, most of which will be registered in Q3 of this year.

GAAP 52

GAAP Restructuring Leverage Sales 52

Cube Software

MAY 11, 2023

Pro forma financial statements and GAAP It's important to note that, since pro forma statements are based on hypothetical or projected data, they are not compliant with generally accepted accounting principles—GAAP statements must be based on actual financial results. Pro forma statements are also used to secure financing.

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40

PYMNTS

NOVEMBER 3, 2017

The company also noted a GAAP net income of $27.5 Some of Cardtronics’ recent highlights have included securing ATM operating contracts in approximately 1,800 locations, expanding its Allpoint Network to include 1,500 additional ATMs in Speedway convenience stores, and gaining approval from the U.K. million, or $0.60 million ($193.5

GAAP 43

GAAP Leadership Securities Marketing 43

PYMNTS

MARCH 13, 2020

Wedbush Securities Analyst Dan Ives wrote in a note to clients that Slack “delivered a good January quarter, which generally beat expectations. million , which was higher by 49 percent year over year, and non-GAAP net loss per share of 4 cents. But analysts had forecast an average estimate of $1.02 billion for billings.

GAAP 56

GAAP Forecasting Communication CFO 56

The Finance Weekly

MARCH 25, 2024

The CFO plays a key role in ensuring these statements are accurate and in line with standard accounting principles (GAAP). Besides their CFO duties, they handle cyber security risks, system integration, talent recruitment, and explore new tech like Blockchain and AI. It's no surprise that CFO surveys always point to this evolution.

CFO 97

CFO Finance Forecasting GAAP 97

PYMNTS

AUGUST 13, 2018

The report said, “GAAP net income for the fourth quarter was $12.8 million compared to a GAAP net loss of $5.7 Through its business-targeted solutions, Bottomline Technologies is supporting the electronification of B2B payments — improving efficiencies, increasing savings and enhancing security. million, compared to $20.8

GAAP 40

GAAP B2B Leadership Technology 40

CFO Leadership

OCTOBER 10, 2023

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.

Accounting 95

Accounting Finance Auditing IFRS 95

PYMNTS

NOVEMBER 28, 2016

The investor, CtW Investment Group, an activist firm that is also union-backed, has requested that the Securities and Exchange Commission investigate the reporting behind T-Mobile’s nonstandard accounting efforts and also how it records and presents info tied to customers who have defaulted on phone installment payment plans.

GAAP 40

GAAP Reconciliations Planning Accounting 40

CFO Thought Leader

MARCH 25, 2025

Similarly, GitLab is like the iPhone for software developers: we enable people (to) make software better, faster, cheaper, and more secure. Over the last fiscal year, we grew 31% with strong non-GAAP (gross) margins. All this is really attributed to (our platforms) integrated approach.

CFO 52

CFO Marketing GAAP Prioritization 52

Boston Startup CFO

APRIL 3, 2023

Familiarity with Generally Accepted Accounting Principles (GAAP) is essential. Additionally, you open yourself up to compliance and audit issues, and you’ll potentially decrease your chances of securing funding and financing.

Accounting 52

Accounting Accounting Principles GAAP Startups 52

PYMNTS

FEBRUARY 5, 2018

Last year, the company posted a GAAP net loss of $10.3 Through its business-targeted solutions, Bottomline Technologies is supporting the electronification of B2B payments — improving efficiencies, increasing savings and enhancing security. That marks a 14 percent increase compared to the same quarter a year prior, Bottomline said.

Technology 40

Technology GAAP Strategic Planning B2B 40

Planful

JANUARY 19, 2016

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. Ability to consolidate results according to US GAAP, IFRS, and other guidelines – within minutes.

IFRS 40

IFRS GAAP Reconciliations Auditing 40

Centage

DECEMBER 21, 2023

hours for every report On-the-fly what-if scenarios 2-3 days per model Model major changes in hours >2 days for every what-if scenario “Prior to Centage I’d have a spreadsheet with 20 tabs, all of which were linked to a GAAP-based P&L on the first tab.

Budgeting 52

Budgeting GAAP Forecasting CFO 52

PYMNTS

OCTOBER 25, 2019

GAAP guidance does not clarify how to classify these programs as trade payables or debt, which has been a source of debate for several years. As the letter notes, U.S. “Trade payables classification tends to be treated more favorably than borrowings (i.e.,

Finance 40

Finance GAAP Compliance Accounting Standards 40

The Charity CFO

DECEMBER 28, 2022

GAAP requires that you separate revenue as either: Restricted: This includes all donations that the donor has given directions on how and when you can spend the funds. It helps you comply with GAAP standards and IRS regulations. This financial report contains three segments: 1. How much money did you bring in?

Nonprofit 52

Nonprofit GAAP Accounting Financial Reporting 52

PYMNTS

APRIL 25, 2018

Twitter executives said they would continue to focus on security and data privacy throughout 2018. He did not break down how many security-focused employees Twitter plans to hire but predicted that the company will increase its total head count by as much as 15 percent this year.

Advertising 40

Advertising GAAP Profit and Loss Financial Analyst 40

Planful

JULY 27, 2016

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.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Value-Added Analysis Budgeting 40

CFO News Room

JANUARY 18, 2023

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

Marketing Hurdle Rate Investments Accounting 130

Planful

JUNE 22, 2017

GAAP or International Financial Reporting Standards (IFRS). Here are the key accounting consolidation steps in the finance consolidation process : Collecting trial balance data (e.g., Assets, Liabilities, Equity, Revenue, and Expense accounts) from multiple general ledger systems, and mapping it to a centralized chart of accounts.

Accounting 40

Accounting General Ledger IFRS GAAP 40

The Charity CFO

MAY 11, 2023

Security Concerns The financial data of an organization is incredibly sensitive. Ensure that your provider has proper security measures in place and ask to see these in action before proceeding. Make sure that you find a partner in your service provider and ensure that your access and communication channels are clearly defined.

Nonprofit 52

Nonprofit Communication Accounting GAAP 52

Cube Software

MAY 10, 2023

Besides the wasted time involved in chasing down and correcting incorrect revenue recognition, it creates issues with meeting the Generally Accepted Accounting Principles (GAAP) standard for financial reporting. If an issue arises with unearned revenue, it’s important to research and rectify the reports.

GAAP 40

GAAP Profit and Loss Accounting Principles Financial Data 40

The CFO College

JUNE 3, 2021

Your potential clients (and current clients) may not know it yet, but this security, stress-free cash flow, and financial guidance is what they’re looking for. All you have to do is prove it to them. Know Your Clients Wants and Needs.

Accounting 52

Accounting CFO Auditing General Ledger 52

CFO Leadership

OCTOBER 18, 2023

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.

Accounting 52

Accounting Finance Auditing IFRS 52

Musings on Markets

JULY 14, 2021

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

GAAP Forecasting Accounting Numbers 52

Spreadym

AUGUST 10, 2023

Compliance: Adherence to accounting standards and regulations, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). Security: Robust security measures to protect sensitive financial data and prevent unauthorized access.

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) Accounting Standards CFO 52

Musings on Markets

FEBRUARY 27, 2022

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.

Hurdle Rate 99

Hurdle Rate Investments Accounting Entertainment 99