CFO Leadership

OCTOBER 18, 2023

System and Organization Controls (SOC) reports are critical components in the controls infrastructures of any company relying on third party systems and applications in the production of financial data and reports. With a large and diverse enough data set (e.g.

Accounting 52

Accounting Finance Auditing IFRS 52

Bramasol

JUNE 10, 2022

The choice of which approach to use depends on a variety of factors such as the number of accounts or ledgers that are needed for managing multiple entities within the overall organization. Other key factors include where the company stands with regard to implementing new accounting standards (ASC 606, IFRS 15, ASC 842, IFRS, 16, etc.)

Accounting Principles 81

Accounting Principles IFRS SAP Accounting 81

The Finance Weekly

APRIL 28, 2024

All from within Excel, Connect equips users to import live data from all ERP systems, effortlessly construct reports, and access all ERP data from your spreadsheets. Key Features Datarails Connect offers AI-powered financial data analysis within Excel, providing real-time insights and easing IT burdens.

Financial Planning and Analysis (FP&A) 52

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

The Charity CFO

MAY 11, 2023

Properly evaluate each company and their credentials before letting go of your financial data. 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.

Nonprofit 52

Nonprofit Communication Auditing GAAP 52

Future CFO

DECEMBER 31, 2021

Their responsibilities already entail ensuring that the financial report is accurate, complete and verifiable, according to GAAP accounting standards and disclosures. The post Digital acceleration to drive finance leadership in 2022 appeared first on FutureCFO.

Leadership 98

Leadership Finance GAAP Forecasting 98

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.

Financial Planning and Analysis (FP&A) 52

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

Fpanda Club

SEPTEMBER 2, 2021

Planning, budgeting and forecasting are linked together forming financial planning processes. Financial analysis is a type of economic analysis based on the financial data and focused on the assessment of stability and evaluation of profitability of a company, business or project.

Financial Planning and Analysis (FP&A) 130

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

Spreadym

JUNE 27, 2023

Budgeting involves allocating resources and setting financial targets for various departments or business units within the organization. Financial Analysis: FP&A professionals conduct in-depth analysis of financial data to assess the organization's performance and identify areas for improvement.

Financial Planning and Analysis (FP&A) 52

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

Spreadym

JUNE 13, 2023

By using the chart of accounts, organizations can ensure that financial information is recorded in a logical and structured manner, facilitating efficient bookkeeping, financial analysis, and compliance with accounting standards and regulations.

Accounting 52

Accounting Financial Analysis Compliance Benchmarking 52

Centage

JANUARY 18, 2022

Users can define the formulas and flow as they please, which means they can inadvertently violate your business logic and/or established accounting standards. A modern FP&A solution with pre-programmed business logic and accounting rules prevents users from making such mistakes.

Budgeting 111

Budgeting Forecasting Financial Planning and Analysis (FP&A) General Ledger 111

The Charity CFO

AUGUST 15, 2023

Accountants typically work closely with external auditors during the annual audit process. This ensures all of the financial statements are accurate and meet accounting standards. Nonprofit Expertise is Crucial The roles of an accountant are essential to keep a nonprofit moving towards its mission.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

Planful

JUNE 3, 2021

Use Planful to centralize multiple data types, from trial balance summary and transaction details to non-financial data such as employee information. To learn more about Planful’s data-integration capabilities, read our white paper on Data Integration with Planful: Creating a Single Source of Truth.

Compliance 40

Compliance Reconciliations Currencies Finance 40

Centage

JANUARY 9, 2024

Users can define the formulas and flow as they please, which means they can inadvertently violate your business logic and/or established accounting standards. FP&A software with pre-programmed business logic and accounting rules prevents users from making such mistakes.

Budgeting 52

Budgeting Forecasting General Ledger Planning 52