Fpanda Club

SEPTEMBER 2, 2021

This relates to FP&A which stands for financial planning and analysis. Typical FP&A activities and responsibilities Financial planning and analysis is one of the pillars of the modern finance function. Planning relates to determining the company’s short-term (1-year) and long-term (3-5 years) objectives.

Financial Planning and Analysis (FP&A) 130

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

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. How can we plan for an uncertain economy?

Budgeting 111

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

Planful

JULY 5, 2016

But Robert Kugel , SVP and Research Director at Ventana Research, recently published an article highlighting the impact the new guidelines can have on budgeting and planning. The exception here is for those contracts that fall under the scope of other accounting standards (for example, insurance contracts or lease contracts).

Budgeting 40

Budgeting IFRS Planning GAAP 40

CFO News

NOVEMBER 12, 2024

The Indian government is considering implementing new accounting standards for large limited liability partnerships (LLPs) to enhance transparency and accountability. These standards, aligned with those for companies, aim to improve financial disclosures and attract more investors to LLPs.

Accounting 40

Accounting Accounting Standards Planning 40

CFO News

NOVEMBER 11, 2024

The Indian government is considering implementing new accounting standards for large limited liability partnerships (LLPs) to enhance transparency and accountability. These standards, aligned with those for companies, aim to improve financial disclosures and attract more investors to LLPs.

Accounting 40

Accounting Accounting Standards Planning 40

Spreadym

JUNE 27, 2023

What is Financial Planning and Analysis or FP&A? FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. What is Financial Planning and Analysis? Why Financial Planning and Analysis (FP&A) is important?

Financial Planning and Analysis (FP&A) 52

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

VCFO

NOVEMBER 1, 2023

Identify opportunities for operational improvement and incorporate strategic adjustments in the planning for the year ahead. It seems obvious, but actively reviewing actual vs. planned results and understanding the variables at play is imperative to identifying areas of improvement.

Finance 88

Finance Strategic Planning Auditing CFO 88

Bramasol

JULY 31, 2023

It can quickly become unmanageable to try and handle lease contract management, lessor accounting, maintenance services, sales of consumables, revenue recognition and disclosure reporting all with different siloed software. In addition, global companies need the flexibility to comply and report according to multiple accounting standards.

Accounting 71

Accounting SAP GAAP IFRS 71

PYMNTS

JANUARY 2, 2020

KPMG said it would make a $5 billion investment, PricewaterhouseCoopers said it will spend $3 billion and Ernst & Young plans to invest $1 billion.

Data Analysis 71

Data Analysis Accounting Standards Auditing Invoicing 71

CFO Talks

JANUARY 7, 2025

Take courses and certifications in evolving or emerging areas in information technology, strategy and accounting. For example, whenever there is a release of a new accounting standard impacting your industry, go for training on such a standard. Continuous development and relevance are key. Earn CPD credits also.

CFO 52

CFO Leadership Financial Analyst Finance 52

CFO Talks

JANUARY 22, 2025

Final planning for the day ahead. Since high school I have loved accounting and mathematics. IT cannot manage a business; people manage a business. Keep track of your industry, accounting standards and taxes How do you balance your personal and professional life? I manage my sleep around 6 hours per day.

CFO 52

CFO Leadership Manufacturing Auditing 52

Future CFO

JUNE 22, 2022

The total cost faced by the global insurance industry to implement the accounting standard is now estimated by WTW to be US$18 billion to US$24 billion, survey report indicates. People: More than 10,000 people will be required to deliver the accounting standard in the next two to three years.

IFRS 52

IFRS Accounting Standards Valuation Accounting 52

CFO News

MAY 31, 2024

Pandey's remarks come as the NFRA plans to engage with large listed companies to promote accounting standards and curb corporate frauds. He highlighted the need for meaningful communication between audit committees and auditors, stating that it should not be a mere formality.

Auditing 45

Auditing Accounting Standards Communication Finance 45

Future CFO

OCTOBER 29, 2023

Considering this, financial planning and analysis (FP&A) has been proven to become useful for effective strategy management and risk mitigation. The functions for financial planning and analysis are often in partnership with risk and asset liability management practices.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Risk Management Banking Accounting Standards 52

PYMNTS

APRIL 16, 2019

A press release Monday (April 15) said Standard Chartered is expanding its payments collection tool Straight2Bank Pay, as well as its corporate mobile banking app, to businesses in China, Hong Kong, India, Malaysia, Singapore and Vietnam.

Banking 61

Banking Accounting Standards Accounting eCommerce 61

VCFO

JULY 22, 2022

ASC 842 is a new accounting standard set forth by the Financial Accounting Standards Board (FASB). These impacts will include major changes to accounting practices and financial reporting, as well as increased scrutiny of contracts, service agreements, and all leases starting now and moving forward.

Accounting 75

Accounting Accounting Standards Economics Advertising 75

PYMNTS

AUGUST 15, 2019

Enterprise lease accounting software company LeaseAccelerator is teaming up with Clearlink Partners to help joint clients ease the administrative burden of complying with changes in lease accounting standards. The companies announced their partnership in a press release issued Wednesday (Aug.

Compliance 40

Compliance Accounting Accounting Standards Technology 40

CFO Leadership

OCTOBER 10, 2023

How to use AI in Finance & Accounting As we look to the future, the role of AI in finance will likely expand. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. a model could be trained to become an expert in finance and accounting.

Accounting 95

Accounting Finance Auditing IFRS 95

Bramasol

MARCH 24, 2022

A subsequent blog post specifically addressed How Can Carbon Accounting Impact the Value of M&A Deals? Information about climate-related targets and goals, and transition plan, if any. For more details, read the SEC fact-sheet Enhancement and Standardization of Climate-Related Disclosures.

Accounting 76

Accounting SAP Analyzing Data IFRS 76

Future CFO

OCTOBER 8, 2023

More than half of 2023 reporters are not ready to perform business planning/P&L projections based on IFRS 17/9. Hefty cost of IFRS 17 The total cost faced by the global insurance industry to implement the IFRS 17 accounting standard is now estimated to be US$21-27billion, WTW observed.

IFRS 52

IFRS Accounting Standards Accounting Investments 52

PYMNTS

APRIL 29, 2020

Accounts receivable at many businesses continue[s] to grow as their customers hold onto cash,” Jason Brodmerkel, CPA, AICPA senior manager, Accounting Standards, said in the announcement. Providing liquidity for accounts receivable would help encourage growth and investments in business.”.

Finance 57

Finance Accounting Standards Treasury B2B 57

Bramasol

SEPTEMBER 8, 2024

Enhanced Compliance : Facilitates adherence to accounting standards and regulations, reducing the risk of non-compliance and associated penalties. Better Insights : Provides deeper insights into revenue metrics and performance, supporting better decision-making and strategic planning.

SAP 59

SAP General Ledger Compliance Accounting Standards 59

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

Accountancy Today

APRIL 20, 2023

These hail from organisations including the International Sustainability Standards Board (ISSB), the International Public Sector Accounting Standards Board (IPSASB) and the Global Reporting Initiative (GRI).

Accounting Standards 52

Accounting Standards Accounting Planning Corporate Finance 52

E78 Partners

JANUARY 5, 2024

Audits are an essential part of ensuring that a company’s financial statements are accurate and compliant with accounting standards. Develop a Plan and Timeline: Establish a clear project plan and timeline for management and the audit team. This proactive approach helps streamline the audit process.

Auditing 59

Auditing Valuation Concentration Reconciliations 59

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

E78 Partners

SEPTEMBER 21, 2023

This is not just because of the intricacies and specificities required by the auditing standards but also due to the numerous challenges faced by organizations in the run-up to an audit. Furthermore, in an era of intricate financial landscapes, preparing for compliance with complex accounting standards becomes non-negotiable.

Auditing 52

Auditing General Ledger Reconciliations Accounting Standards 52

Future CFO

APRIL 18, 2022

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Finance 52

Finance IFRS GAAP Accounting Principles 52

The Charity CFO

APRIL 13, 2023

Accounting Standards In the United States, all organizations must adhere to the Generally Accepted Accounting Principles (GAAP). For nonprofits, however, there is an additional and specific set of standards that organizations must follow, as set out by the FASB 117.

Nonprofit 52

Nonprofit Accounting Standards Compliance Budgeting 52

VCFO

MAY 30, 2022

Prior to joining vcfo, Jose held roles as Fractional CFO with the Strategic CFO, CFO, Executive Director, and Senior Vice President for Greenfields Petroleum Corporation, as well as senior roles with Enron International, Enron Energy Services, and Brunel Energy.

CFO 52

CFO Auditing Financial Modeling Leadership 52

CFO Share

NOVEMBER 15, 2023

As a small business owner or finance manager, it’s crucial to approach this process with a clear plan. This article includes small business accounting tips to prepare for an audit while minimizing its expenses and findings. An audit evaluates: Compliance with accounting standards (GAAP or IFRS.)

Auditing 52

Auditing IFRS GAAP Invoicing 52

Future CFO

SEPTEMBER 24, 2023

Manish Modani According to Modani, the modern CFO to such mundane responsibilities as they have become leaders in charge of critical decision-making and planning. They establish robust internal controls, comply with accounting standards and regulations, and deliver accurate and transparent financial reporting and analysis.

CFO 52

CFO Accounting Standards Manufacturing Compliance 52

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

Bramasol

FEBRUARY 13, 2023

Compliance: The adoption of ASC 606 and IRFS 15 accounting standards for revenue recognition introduced new requirements for SaaS companies, particularly around the allocation of revenues and the recognition of variable consideration.

SAP 72

SAP Compliance Accounting Standards Leverage 72

CFO Share

NOVEMBER 11, 2023

It’s also outside the management’s control, set by accounting standards rather than business decisions. For small business owners, the key takeaway is that while amortization of intangible assets is part of accounting compliance, it shouldn’t be a priority in your strategic planning or financial decision-making.

GAAP 52

GAAP Accounting Standards Strategic Planning Accounting 52

The Finance Weekly

JANUARY 9, 2022

This particularly affects budgeting and forecasting, and makes financial planning that much more difficult. It’s a CFO’s job to drive home the importance and action plan for these scenarios. Lastly, it’s simply more professional to have a climate change mitigation plan when approaching investors.

CFO 52

CFO Forecasting Leadership Budgeting 52

CFO Share

JUNE 27, 2024

In general, financial statement compliance involves adhering to established standards and regulations, such as Generally Accepted Accounting Principles (GAAP) and the Financial Accounting Standards Board (FASB) guidelines. These standards ensure that financial statements are consistent, comparable, and transparent.

Financial Reporting 52

Financial Reporting Compliance CFO Auditing 52