Fpanda Club

SEPTEMBER 2, 2021

Another important aspect to consider within the discussed topic is how exactly FP&A is different from other finance disciplines, namely accounting, corporate finance and financial control. All this makes financial controllers obvious candidates for communicating with external auditors and managing the audit process.

Financial Planning and Analysis (FP&A) 130

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

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. Create an Audit Readiness Team: Identify an audit readiness team and assign responsibilities to ensure accountability. Here are some key steps to get ready for an audit post acquisition.

Auditing 59

Auditing Valuation Concentration Reconciliations 59

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

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

The Charity CFO

DECEMBER 15, 2023

This can lead to unique accounting and recordkeeping challenges that for-profit businesses don’t have to face—especially related to revenue classification. Accurate revenue recognition, classification, and records are some of the most important aspects of nonprofit accounting. Likewise, expenses are recorded when they are incurred.

Nonprofit 52

Nonprofit Compliance Valuation CFO 52

PYMNTS

JUNE 17, 2016

The Wall Street Journal reported on Thursday (June 16) that accounting rules are taking effect that would ensure that banks would have to report loans going south much earlier than had been done before, which may push reserves higher, eating into profits. The new rules have been issued by the Financial Accounting Standards Board.

Profit and Loss 40

Profit and Loss Banking Accounting Standards Accounting 40

PYMNTS

JUNE 29, 2018

The firm stated in its release that online accounts and data can be sold for 60 times more via the dark web and, thus, hold more allure to fraudsters than simple credit card numbers. LeaseAccelerator , a software vendor for lease accounting, said it received a $30 million investment from Insight Venture Partners.

Startups 40

Startups Accounting Standards Valuation Treasury 40

Michigan CFO

MARCH 21, 2023

In accounting, indefinite lifespan refers to an asset where its rate of capital depreciation isn’t known or cannot be easily calculated. Using the goodwill valuation calculation above, we can easily see that the goodwill asset value of the T-Mobile/Sprint merger was $3.07 billion with liabilities of $45.56

Valuation 40

Valuation CFO IFRS Sales 40

The Finance Weekly

APRIL 6, 2024

This accounting principle offers an insightful perspective into a business's worth , underlining the importance of financial reporting in today's market dynamics. The concept of NBV stands out as a fundamental metric for both accountants and business professionals. What Is Net Book Value?

GAAP 52

GAAP Accounting Principles Financial Reporting Accounting 52

Musings on Markets

JANUARY 9, 2021

To illustrate, consider a practice in valuation, where analysts are trained to add a small cap premium to discount rates for smaller companies, on the intuition that they are riskier than larger companies. It is very likely that these rules of thumb were developed from data and observation, but at a different point in time.

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

CS Lucas

FEBRUARY 10, 2020

Suppose new accounting standard requires certain position to use a different basis of valuation. Treasury accountant should be able to go to the equivalent of an “app store” where he can find the appropriate app for this purpose. From what we’ve discussed, customization is the only, sub-optimal solution. C) Why not Apps?

Treasury 40

Treasury Accounting Standards Valuation Finance 40

CFO Talks

OCTOBER 1, 2024

This Interview conducted by Leana van der Merwe CBA(SA), CA(SA), a Technical Specialist at the Chartered Institute for Business Accountants (CIBA) and editor of CFO Club, with Dr. Daan Steenkamp, the CEO of Codera Analytics. Differences in accounting treatment for intangible assets in South Africa versus other countries.

Leverage 52

Leverage Investments Economics Accounting 52

Barry Ritholtz

MARCH 21, 2023

But plenty of valuation measures, it has no applicability for price-to-sales. So I definitely think you want to account for that in places like price-to-book in earnings. ASNESS: Well, first of all, I’m going to somewhat disappoint you saying we do not take very big bets on views like timing asset classes based on valuation.

Profit and Loss 69

Profit and Loss Valuation Forecasting Investments 69