Future CFO

NOVEMBER 2, 2020

China is the most complex jurisdiction for financial compliance in Asia Pacific while Hong Kong is the easiest, said TMF Group recently. Jurisdictions in APAC lag significantly behind the adoption of technology to streamline and simplify processes.

Compliance 40

Compliance IFRS GAAP Accounting Principles 40

PYMNTS

JUNE 4, 2020

The International Accounting Standards Board introduced a significant overhaul to lease accounting standards , and while the changes went into effect at the start of 2019, corporates continue to face challenges to adhere to the standards and remain compliant. In the U.S., ”

Accounting 52

Accounting Accounting Standards Cash Flow Forecasting Compliance 52

Bramasol

JULY 31, 2023

In order to take these bundling scenarios to an optimal level, medical equipment makers need to leverage more integrated solutions that bring all the backend processes together in a seamless end-to-end environment that meshes with compliance and reporting mandates. For revenue recognition, they also must comply with ASC 606 and IFRS 15.

Accounting 72

Accounting SAP GAAP IFRS 72

CFO Leadership

OCTOBER 10, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. As AI permeates finance, questions about its compliance with audits and financial governance will arise. SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.),

Accounting 95

Accounting Finance Auditing IFRS 95

PYMNTS

JANUARY 2, 2020

The Financial Accounting Standards Board (FASB), which establishes accounting standards in the U.S., It also provides a new standard for companies that struggle with the implementation of the technology, according to a report by Compliance Week.

Accounting 58

Accounting Accounting Standards Nonprofit Compliance 58

Bramasol

FEBRUARY 13, 2023

Long-term contracts: With many SaaS customers committing to long-term contracts that include usage, entitlements and other rights, it can be difficult to track and support actual consumption while assuring accounting compliance.

SAP 74

SAP Compliance Accounting Standards Leverage 74

The Charity CFO

DECEMBER 15, 2023

Accurate revenue recognition, classification, and records are some of the most important aspects of nonprofit accounting. Not only does it help with transparency in your organization, but properly recording revenue keeps you in compliance with nonprofit regulations. Why use technology to track donations?

Nonprofit 52

Nonprofit Compliance Valuation CFO 52

Future CFO

SEPTEMBER 24, 2023

While traditional financial tasks like managing books and records, financial reporting, and ensuring compliance are still important, they have become second nature to CEOs,” Modani said. “Over the past few decades, the role of the CFO has undergone a remarkable transformation.

CFO 52

CFO Manufacturing Accounting Standards Compliance 52

Bramasol

MARCH 24, 2022

This important issue was previously explored last year in Are You Ready for "Carbon Accounting" Compliance? A subsequent blog post specifically addressed How Can Carbon Accounting Impact the Value of M&A Deals? and also identified as one the Five Key Trends to Watch in 2022.

Accounting 77

Accounting SAP Analyzing Data IFRS 77

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

CFO Share

NOVEMBER 11, 2023

Intangible assets include non-physical resources like: Brand names Customer relationships Patents Proprietary technology These assets contribute to a business’s value, but their financial worth diminishes over time, necessitating amortization. What is an Example of Intangible Assets?

GAAP 52

GAAP Accounting Standards Strategic Planning Accounting 52

CFO Leadership

OCTOBER 18, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. As AI permeates finance, questions about its compliance with audits and financial governance will arise. SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.),

Accounting 52

Accounting Finance Auditing IFRS 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 Leverage 62

The Charity CFO

NOVEMBER 30, 2023

You’ll likely want to ask your nonprofit accountant to help you set up your accounting systems so you know they’re correct from the start. Revenue recognition is even more complicated than ever thanks to the changes in how FASB (Financial Accounting Standards Board) now requires nonprofits to record donations.

Nonprofit 52

Nonprofit Auditing Compliance Education 52

The Charity CFO

AUGUST 15, 2023

This challenge is most often felt in in-house accounting positions, especially in the nonprofit sector. Outdated workplace: Technology isn’t the wave of the future, it’s an essential element in today’s workplace. Accountants typically work closely with external auditors during the annual audit process.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

Future CFO

SEPTEMBER 24, 2019

Singapore need to further digitize when it comes to accounting and tax, according to the TMF Group. While the island state has adhered relatively well to international accounting standards—a trend only seen in 21% of jurisdictions in Asia Pacific, it trails behind its Asian counterparts in digitization, TMF Group pointed out.

Accounting 40

Accounting Invoicing Accounting Standards Compliance 40

PYMNTS

AUGUST 27, 2019

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise.

Cash Flow Forecasting 60

Cash Flow Forecasting Accounting Standards Accounting Firms Accounting 60

CFO Thought Leader

MAY 21, 2023

Staloch: Fundrise is a technology company. In the meantime, though, we were able to get really good at the regulatory compliance and rigor required by Regulation A. The SEC Fellows Program, however, was different. “I I thought to myself, ‘Wow!—this

CFO 52

CFO Accounting Investments Accounting Standards 52

Planful

JUNE 3, 2021

Investing in innovative technology, such as a cloud-based planning and consolidation platform, gives your finance teams the support they need for financials. Eliminate manual tasks, overcome information silos, and ensure compliance while creating these statements, even as the company scales. Transform the Finance Consolidation Process.

Compliance 40

Compliance Reconciliations Currencies Finance 40

PYMNTS

JULY 6, 2018

Reports in the Australian Financial Review said the Australian Securities and Investments Commission (ASIC) has reviewed 2017 statements of 90 corporates in the country to assess their compliance to new accounting rules that came into effect on Jan. 1 of this year.

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

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

PYMNTS

NOVEMBER 8, 2019

Since founding the company in 2015, we have managed to automate 60 percent of the processes by using technology, and we enjoy popularity from our customers and the continued support from our investors.” The tech-driven offering helps companies transition to new lease accounting standards mandated by the FASB, IASB and the GASB.

Investments 40

Investments B2B Accounting Standards Compliance 40

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 Budgeting 130

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 ensures transparency, enhances data integrity, and facilitates compliance with regulatory requirements.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 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. Improves compliance.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

Spreadym

JUNE 27, 2023

Compliance and Regulation: Financial Planning and Analysis ensures compliance with financial regulations, accounting standards, and reporting requirements. Use of Technology and Tools: Assess the utilization of technology and tools in the Financial Planning and Analysis function.

Financial Planning and Analysis (FP&A) 52

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

CFO Talks

DECEMBER 26, 2021

The way you would do that is obviously through technology, so there’s a big focus area for CFOs. CIARAN RYAN: I think you’ve already mentioned BlackRock, the biggest asset management company in the world, they are driving this, they will only invest in companies that are in compliance with carbon emission standards worldwide.

CFO 40

CFO Profit and Loss Finance Accounting 40

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