PYMNTS

JUNE 6, 2019

Changes in lease accounting standards have led top retailers and restaurant chains in the U.S. The lease accounting standard overhauls, led by the Securities and Exchange Commission (SEC), change the way companies report their lease commitments.

Accounting 43

Accounting Accounting Standards Auditing Retail 43

Bramasol

MARCH 24, 2022

This new blog post provides an update on the rapidly evolving landscape of accounting standards development and regulatory actions that are helping give clarity to what companies can expect regarding Carbon Accounting compliance going forward. Information about climate-related targets and goals, and transition plan, if any.

Accounting 76

Accounting SAP Analyzing Data IFRS 76

Beacon CFO Plus

NOVEMBER 30, 2023

Define Roles and Responsibilities: The CFO typically focuses on financial strategy, planning, and management, while the accounting firm handles compliance, audits, and financial reporting. The CFO should work closely with the accounting firm to provide the necessary information for audits and reporting.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

CFO Leadership

OCTOBER 18, 2023

Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns. How to use AI in Finance & Accounting As we look to the future, the role of AI in finance will likely expand. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

Accounting 52

Accounting Finance Auditing IFRS 52

The Charity CFO

APRIL 5, 2023

Depending on your state, funding and other factors, your compliance and audit requirements might vary. Compliance checks or compliance check questionnaires tend to be simpler than a full audit and are limited in scope. A great way to stay on top of these tasks is with an Audit Checklist. This can be a long and lengthy process.

Nonprofit 52

Nonprofit Compliance Auditing Accounting 52

https://trustedcfosolutions.com/feed/

APRIL 5, 2023

Allows user-defined workflows to improve efficiency, compliance, and transparency, providing consistent audit trail visibility. Identifies variances and anomalies that don’t comply with accounting standards with intuitive dashboards and reports that work based on your preset conditions.

General Ledger 62

General Ledger Reconciliations Accounting Standards Accounting 62

Spreadym

AUGUST 10, 2023

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have.

Financial Reporting 52

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

PYMNTS

JULY 6, 2018

Australian regulators said they were disappointed in corporates’ lack of preparedness for new accounting rules. Directors and preparers should ensure that they understand the impact of new accounting standards and have systems and processes in place to support reporting under these new standards.”. 1 of this year. “The

Accounting 41

Accounting Auditing Accounting Standards Compliance 41

The Charity CFO

DECEMBER 8, 2022

The IRS has strict regulations on how to handle grants and charitable contributions, so it is essential that you understand the best practices when accounting for them. Because accurate nonprofit accounting can help with reporting and auditing requirements, and ensure that the funds are being used in accordance with the grantor’s wishes.

Accounting 52

Accounting Nonprofit Auditing Compliance 52

The Finance Weekly

OCTOBER 31, 2021

Many of the same financial issues that profit-seeking enterprises face, such as increasing revenue, managing audits, and dealing with compliance, encounter non-profit organizations (NPOs). This could imply more efficient auditing via online financial software that allows for remote audits. Master the basics of accounting.

Planning 52

Planning Auditing Nonprofit Accounts Payable 52

Future CFO

NOVEMBER 18, 2019

However, fundamental tasks in statutory accounts, management accounts, investments, budgeting, analysis, compliance, risk, payroll, audit, taxation and managing working capacity are very much interconnected. The analysis of financial and operating data not only has to be immediate, but also accurate and secured.

CFO 52

CFO Finance Reconciliations Accounting Standards 52

PYMNTS

DECEMBER 12, 2019

Securities and Exchange Commission is turning its attention to a lack of transparency within corporates’ investor disclosures as more businesses use supply chain financing. Reports in Bloomberg Tax this week said SEC Corporation Finance Deputy Chief Accountant Lindsay McCord spoke Tuesday (Dec.

Finance 58

Finance Accounting Standards Corporate Finance Auditing 58

Planful

OCTOBER 20, 2015

When the accounting standards change or the company alters its guidelines, these changes can be built into templates and applied across the system instantly. Excel is Inherently Insecure and Difficult to Audit. A spreadsheet can easily be emailed, which is a huge security risk.

General Ledger 40

General Ledger Accounting Standards Auditing Currencies 40

The Charity CFO

MAY 11, 2023

You may also choose to outsource certain aspects of your accounting that may require less immediate access. 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.

Nonprofit 52

Nonprofit Communication Accounting Auditing 52

PYMNTS

APRIL 7, 2017

at the hands of the Securities and Exchange Commission (SEC), bringing prices down below $1,000 for the first time in months, not all news has been bad news. Additionally, bitcoin exchanges in Japan will now be required to conduct employee training programs and submit to annual audits.

Currencies 41

Currencies Accounting Standards Auditing Retail 41

The Finance Weekly

APRIL 28, 2024

With pre-built compliance safeguarding and meeting accounting standards including audit trials and access controls. You have to carefully pick the right integration option, securely link both systems, set everything up just right, test it out thoroughly, and keep an eye on how it's going.

Financial Planning and Analysis (FP&A) 52

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

BlueLight

JULY 30, 2020

Security and Audit ?—?NetSuite NetSuite role-based permission can be very granular and includes audit trails illustrating who made field level changes including before and after data element changes. The new accounting standards aim for international alignment on how companies recognize revenue from contracts with customers.

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

CFO Talks

OCTOBER 1, 2024

The conversation about the underinvestment in intangible assets in South Africa, and the challenges of accounting for these assets (due to subjective accounting treatments), directly impacts how CFOs approach financial reporting. IFRS, US GAAP). The interview highlights how companies that invest more in intangible assets (e.g.,

Leverage 52

Leverage Investments Economics Accounting 52

CFO Talks

JANUARY 27, 2025

Stakeholder Engagement: Effectively communicating ESG efforts to investors, regulators, and other stakeholders is crucial for building trust and securing support. 1 is, of course, the traditional route, which a lot of people follow and go through one of the accounting firms, and, typically, they go through audit related activities.

CFO 52

CFO Auditing IFRS Accounting 52