Future CFO

FEBRUARY 6, 2020

Whether your tax, accounting and finance operations are locally-based, centralised or otherwise, investing in the right tools and resources optimises your company’s ability to meet evolving regulatory requirements and gives your team the time it needs to focus on planning, strategy and analysis.

Technology 40

Technology Compliance Accounting Standards CFO 40

CFO Leadership

OCTOBER 18, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. How to use AI in Finance & Accounting As we look to the future, the role of AI in finance will likely expand. As AI permeates finance, questions about its compliance with audits and financial governance will arise.

Accounting 52

Accounting Finance Auditing IFRS 52

Bramasol

MARCH 24, 2022

A subsequent blog post specifically addressed How Can Carbon Accounting Impact the Value of M&A Deals? Certain climate-related financial statement metrics and related disclosures in a note to its audited financial statements; and ? Information about climate-related targets and goals, and transition plan, if any.

Accounting 76

Accounting SAP Analyzing Data IFRS 76

The Finance Weekly

MARCH 28, 2022

Converging ESG and Sustainability Reporting Standards There are several competing standards for ESG/Sustainability reporting including the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), Carbon Disclosure Project (CDP), and others.

Finance 52

Finance Auditing Accounting Standards IFRS 52

Fpanda Club

SEPTEMBER 2, 2021

The growing variety and complexity of tasks within the finance function has resulted in the creation of a discipline that is supposed to become a bridge between the finance and business to support decision-making process by leveraging data and technology. This relates to FP&A which stands for financial planning and analysis.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Forecasting 130

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 Leverage 62

PYMNTS

JULY 6, 2018

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.”. Further, the ASIC said this may “indicate a lack of preparedness for reporting under the new standards.”.

Accounting 41

Accounting Auditing Accounting Standards Compliance 41

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). There are numerous concerns, but many of them are simple to address, and technology may play a significant part in assisting you in doing so.

Planning 52

Planning Auditing Nonprofit Accounts Payable 52

The Charity CFO

NOVEMBER 10, 2022

As a result, the organization might not adhere to Generally Accepted Accounting Principles (GAAP), which can trip them up come tax time or during an audit. Governance issues, tight regulations, and high public accountability standards mean strong accounting practices are more important than ever.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

CFO Talks

JUNE 20, 2022

The International Accounting Standards Board issued new protocols on climate reporting and the interesting distinction there is that there are two sets of protocols or soon-to-be standards, the one is related to climate change and then the other is related to sustainability, which relates to the business efficiencies.

Manufacturing 52

Manufacturing Accounting Standards Auditing Education 52

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

The Charity CFO

AUGUST 15, 2023

Myth #3: Nonprofit Accounting (GAAP) and the IRS Rules are the Same Another common misconception is that GAAP and IRS rules are the same when it comes to nonprofits, however, they are not. One key differentiator is that what is recorded following GAAP is what will show up on the audit and may not show up on the IRS tax form, Federal Form 990.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

Future CFO

NOVEMBER 18, 2019

Organizational transformation through the adoption of new technologies has been critical in revolutionizing business functions including finance departments. Innovation in technology and the streamlining of business management structures can create opportunities for CFOs to add value across the organisation. Don’t rush into it.

CFO 52

CFO Finance Reconciliations Accounting Standards 52

The Charity CFO

DECEMBER 15, 2023

Recording Revenue for Nonprofits Donations and Contributions When recording donations for your nonprofit, technology is your best friend. Why use technology to track donations? Recognizing In-Kind Contributions In-kind donations can pose a range of accounting challenges for nonprofits. Need Help Recording Revenue?

Nonprofit 52

Nonprofit Compliance Valuation CFO 52

Future CFO

NOVEMBER 2, 2020

Jurisdictions in APAC lag significantly behind the adoption of technology to streamline and simplify processes. Many jurisdictions are moving towards international accounting standards such as International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (GAAP).

Compliance 40

Compliance IFRS GAAP Accounting Principles 40

Spreadym

JULY 10, 2023

The financial close process, also known as the accounting close process or month-end close, is a series of steps undertaken by an organization to finalize its financial records for a specific accounting period. This flexibility enables businesses to configure the financial close reporting process to suit their specific needs.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

BlueLight

JULY 30, 2020

The findings are heavily geared towards software-as-a-service technology startups. 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. Application Access? —?NetSuite

CFO 52

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

CFO Talks

OCTOBER 1, 2024

Role of Data and Technology: The potential of data as a strategic business asset, but underutilization in South Africa due to regulatory and economic barriers. Comparisons between South Africa and other countries, where open data initiatives and technology sectors are more advanced. IFRS, US GAAP).

Leverage 52

Leverage Investments Economics Accounting 52

CFO Talks

APRIL 11, 2022

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. CFO Talks is a brand of the South African Institute of Business Accountants. Absolutely, I think definitely life-long learning.

CFO 40

CFO Leadership Communication Accounting 40

CFO Talks

DECEMBER 26, 2021

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. CFO Talks is a brand of the South African Institute of Business Accountants.

CFO 40

CFO Profit and Loss Finance Accounting 40

CFO Talks

JANUARY 27, 2025

Scenario planning, diversification, and embracing technology like AI are vital strategies. Challenges and Considerations Despite the positive momentum, CFOs face challenges in ESG integration: Data Management: Collecting and analyzing ESG data requires new capabilities and technologies to ensure accuracy and reliability.

CFO 52

CFO Auditing IFRS Accounting 52