Future CFO

DECEMBER 31, 2021

Finance teams will be tasked with advising colleagues across functions on the strategic meaning of real-time financial metrics like revenues, capital availability, liquidity and net profit, as well as more subjective metrics like pipeline ageing, on-time deliveries, days sales outstanding, customer satisfaction and employee engagement.

Leadership 98

Leadership Finance GAAP Forecasting 98

Future CFO

APRIL 17, 2022

Financial reporting specialist and lecturer Adam Deller explains the basic principles of IFRS 5, 'Non-Current Assets Held for Sale and Discontinued Operations'. The post The fundamentals of IFRS 5 appeared first on FutureCFO.

IFRS 98

IFRS Financial Reporting Sales Accounting Standards 98

VCFO

NOVEMBER 1, 2023

A review of revenue will often involve examining sales performance. By nature, most salespeople will do exactly what they are incentivized to do (which is why a well-designed sales compensation plan is so important). Year-end sales or special offers to past customers for that product might do the trick.

Finance 88

Finance Strategic Planning Auditing CFO 88

PYMNTS

APRIL 15, 2020

The company’s increased loan-loss reserves also reflected the Day 2 impact of the new CECL accounting standard. He said digital deposit sales remain “strong” at $1.6 While we’ve built significant loan loss reserves, no one knows what the severity or longevity of the virus’s impact on the global economy will be.”

Accounting Standards 56

Accounting Standards CFO Banking Sales 56

PYMNTS

SEPTEMBER 20, 2017

Same-store sales — the Street’s favorite metric for physical retail — were down 2.6 While digital channel sales were up more than 20 percent, it was not sufficient to overcome the same-store sale plummet. Retail sales clocked in at approximately $2.9 Retail sales clocked in at approximately $2.9

Restructuring 40

Restructuring Accounting Standards Sales Retail 40

CFO Share

MARCH 14, 2022

Sellers order a Quality of Earnings report before soliciting buyers to uncover any problems that might disrupt the sale. In either case, the additional perspective enables you to remedy any pitfalls ahead of the sale. Changes in accounting practices or procedures. Sales concentrations and/or backlog risk.

Auditing 52

Auditing Accounting Principles GAAP Profit and Loss 52

Bramasol

SEPTEMBER 8, 2024

Enhanced Compliance : Facilitates adherence to accounting standards and regulations, reducing the risk of non-compliance and associated penalties. Use Cases Universal RevRec brings together the complete end-to-end process for sales, services and projects as fully integrated scenarios, while also addressing their specific requirements.

SAP 59

SAP General Ledger Compliance Accounting Standards 59

Future CFO

MARCH 8, 2023

3) Legislation and regulatory changes “Within the insurance industry, we are implementing a new accounting standard, IFRS17, which represents the most major change to insurance accounting requirements in over 20 years,” he revealed. These have given me a real appreciation of the importance of understanding customers’ needs.

CFO 98

CFO Communication Economics Finance 98

CFO Leadership

DECEMBER 17, 2021

From tracking new sales channels and increasingly complex supply chains to new tax rules and accounting standards, finance looks a lot different now than it did three years ago. In normal times, finance evolves on pace with other corporate functions. Everyone can use a brush up on skills and practices from time to time.

Leadership 83

Leadership CFO Finance Education 83

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

Notice there is little objective validation of the value of intangibles; you cannot easily price them on an open market or compare them to alternatives for sale. Instead, they are created as an accounting “plug” to facilitate double-entry bookkeeping standards. How Long Can I Amortize Intangible Assets?

GAAP 52

GAAP Accounting Standards Strategic Planning Accounting 52

PYMNTS

OCTOBER 28, 2019

The Big Four auditing firms — EY, Deloitte, KPMG and PwC — have recently requested that the Financial Accounting Standards Board (FASB) provide clarity in how corporates should classify their reverse factoring or supply chain financing agreements, adding more fuel to a long-standing debate as to whether such trade financing tools are debt.

B2B 40

B2B Accounting Standards Finance Invoicing 40

The Finance Weekly

APRIL 28, 2024

Pricing Connect by Datarails did not publish its price on its website, but you can always request a demo from their Sales Team and tailor-fit your quote. With pre-built compliance safeguarding and meeting accounting standards including audit trials and access controls.

Financial Planning and Analysis (FP&A) 52

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

Musings on Markets

JANUARY 5, 2024

Working capital needs Thus, I compute pricing multiples based on revenues (EV to Sales, Price to Sales), earnings (PE, PEG), book value (PBV, EV to Invested Capital) or cash flow proxies (EV to EBITDA). Long term Reinvestment (Cap Ex & Acquisitons) 4. EBIT & EBITDA multiple s 5.

Valuation 105

Valuation Financial Analysis Analyzing Data Profit and Loss 105

PYMNTS

MARCH 7, 2016

Much has been made about the use of technology between businesses paying other businesses and the way software can boost sales in the field and invoice management. GAAP and international accounting standards, is another boon to efficiency, said Bres.

GAAP 40

GAAP Profit and Loss Invoicing Accounting Standards 40

CFO Share

APRIL 3, 2024

But the right outsourced bookkeeping can transform your business management, allowing you to focus on sales and operations – where you are needed most. For example, ask how they would handle a specific bookkeeping challenge your business has faced or their approach to staying updated with tax laws and accounting standards.

Communication 52

Communication Accounting Standards Prioritization Financial Reporting 52

Michigan CFO

MARCH 21, 2023

By the end, you should clearly understand what qualifies as a goodwill asset, how to evaluate its worth and how it will be taxed at the time of sale. It is the amount of money a buyer pays above the fair value market price in the sale of a business. What Is a Goodwill Asset? Are All Intangible Assets Goodwill? billion.

Valuation 40

Valuation CFO Sales IFRS 40

PYMNTS

APRIL 7, 2017

Japanese bitcoin payment processor and marketplace bitFlyer has reportedly partnered with a Japanese electronics retailer, said CoinDesk , to begin testing out a new bitcoin-enabled point-of-sale (POS) system. Additionally, the government of Australia set out to create accounting standards f or bitcoin in November of last year.

Currencies 41

Currencies Accounting Standards Auditing Retail 41

Future CFO

NOVEMBER 18, 2019

With new accounting standards, including, but not limited to, revenue accounting and lease accounting, organizations will need to integrate new application software with enterprise resource planning (ERP) to manage the complexities.

CFO 52

CFO Finance Reconciliations Accounting Standards 52

PYMNTS

APRIL 10, 2017

Reports in The Wall Street Journal last week indicate that Wells had to overhaul its credit card processing business after an internal inquiry turned up evidence that employees were falsely reporting customers’ sales and steering small businesses into contracts that were expensive and confusing. In the U.S.,

Currencies 43

Currencies Accounting Standards Construction Auditing 43

CFO Talks

DECEMBER 23, 2022

You didn’t mention sales as a challenge, is there a significant market for your product? The bulk of my sales comes from contracted supply, which is usually between one and three-year contracts. Then also spend an enormous amount of time in making sure that you’ve got the right stock levels of those available at all times.

CFO 52

CFO Manufacturing Finance Accounting 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 Financial Reporting 52

BlueLight

JULY 30, 2020

For enterprise level accounting tools, there were a few mentions of Sage Intacct but the popular choice is NetSuite. It can process the data of sales, customer relations, marketing, and human resources. 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

The Finance Weekly

APRIL 6, 2024

This measure is a direct product of fair value reporting, a principle insisting that assets be reported at their market value, which forms the bedrock of financial reporting standards under US GAAP. Determining Eligibility for Depreciation To accurately apply depreciation, it is essential to first determine which assets are eligible.

Accounting Principles 52

Accounting Principles GAAP Financial Reporting Accounting 52

Spreadym

JUNE 27, 2023

Compliance and Regulation: Financial Planning and Analysis ensures compliance with financial regulations, accounting standards, and reporting requirements. FP&A identifies areas for cost savings, process improvements, and resource reallocation.

Financial Planning and Analysis (FP&A) 52

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

Musings on Markets

JANUARY 9, 2021

One reason is that these businesses are not only not required to publicly disclose their financial details in most parts of the world, but often follow more malleable accounting standards, making the data less reliable and comparable.

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

PYMNTS

SEPTEMBER 27, 2017

And for all of the above, check a site like Charity Navigator to confirm whether a charity is reputable, and/or cross-reference the Better Business Bureau (BBB) Charity Report to ensure it meets the bureau’s accountability standards. If the representative becomes belligerent or is overzealous about the sale, even more reason to run!

Securities 52

Securities Accounting Standards Communication Numbers 52

Barry Ritholtz

MARCH 21, 2023

RITHOLTZ: So it can be price-to-sales — RITHOLTZ: Yeah. They grew more in terms of earnings, sales, cash flows. But plenty of valuation measures, it has no applicability for price-to-sales. I’m fond of saying otherwise your spreadsheet is broken, or every stock is coincidentally selling for the same price-to-sales.

Profit and Loss 69

Profit and Loss Valuation Forecasting Investments 69