Accounting pipeline task force calls out 6 fixes
CFO Dive
AUGUST 2, 2024
Reducing the time and cost of education needed to become a licensed CPA and raising starting salaries were among the solutions proposed in the final report.
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CFO Dive
AUGUST 2, 2024
Reducing the time and cost of education needed to become a licensed CPA and raising starting salaries were among the solutions proposed in the final report.
Private Funds CFO
JANUARY 28, 2022
EisnerAmper managing director Angela Veal highlights the biggest potential accounting mistakes in executing de-SPAC transactions.
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The Growth Architect: How Financial Leaders are Unlocking Potential
Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors
From Start to Scale: Driving Growth Through Seamless Payments Implementation
Future CFO
NOVEMBER 14, 2024
The accounting industry in Singapore is experiencing a talent shortage. This is exacerbated by the rapid pace of technological advancement that demands a workforce skilled in both traditional accounting practices and new digital tools. Singapore also tapped into going digital to improve overall work efficiency.
The Charity CFO
JANUARY 21, 2022
And the issue of restricted funds presents unique bookkeeping and accounting challenges for a nonprofit that a for-profit company doesn’t face. This accounting system is called fund accounting. This accounting system is called fund accounting. Who’s Required to Use Fund Accounting? .
Nerd's Eye View
SEPTEMBER 6, 2023
Which means that by taking into account a client's net worth, realistic liability risks, and level of sophistication, advisors can help assess what types of strategies may be appropriate for the client to explore. For instance, qualified plan assets (e.g., tenancy by the entireties and community property).
CFO Talks
JUNE 29, 2023
Written by Staff Writer Dr Trish Ndlovu explains to CFOClub Africa how being a finance leader in the education sector is deeply meaningful. “I However, Trish soon realised that the education sector is not only demanding, it’s complex. “I Education is highly regulated in South Africa. I realised I’m in unchartered waters.
PYMNTS
OCTOBER 12, 2020
A new checking account from Chase will aid children in getting a head start on banking, a press release says. The app comes absent of any monthly fees and will hopefully help parents educate children on the importance of money management. Greenlight says its mission is to help parents raise fiscally-intelligent children.
The Charity CFO
JULY 28, 2022
Updated standards on accounting for nonprofit leases ( ASC 842 ) go into effect this year for most organizations–and next year for the few remaining exceptions. We’ll tell you all you need to know about complying with these new rules when accounting for leases of all types. What is ASC 842 for nonprofit lease accounting?
CFO News Room
FEBRUARY 6, 2022
Nationwide, former educators are starting jobs in sales, software, healthcare, training services and other hot fields, and more say they want to follow suit. Wilson, 30 years old, is among the more than 900,000 people who quit jobs in state and local education last year, according to federal data. Lissett Bohannon.
CFO Leadership
OCTOBER 10, 2023
This makes them versatile tools in various fields such as education, customer service, and even creative writing. AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals.
CFO News Room
DECEMBER 28, 2022
accountants and auditors have left their jobs in the past two years, a 17% decline, and the dwindling number of college students coming into the field can’t fill the gap. . Recruiters who have been luring experienced accountants into new roles say they are often moving into jobs in finance and technology. More than 300,000 U.S.
CFO News Room
FEBRUARY 5, 2022
For most borrowers who were making automatic loan payments from a checking account, those payments won’t restart automatically. Stacey MacPhetres, senior director of education finance at Bright Horizons, which provides tuition and student-loan assistance to employers. Will auto-debit payments resume?
https://trustedcfosolutions.com/feed/
OCTOBER 3, 2022
Many growing businesses have recognized and harnessed the benefits of outsourcing their accounting services. Rather than hiring full or part-time accountants or bookkeepers as permanent staff members, it often makes more sense to simply outsource —from both a monetary and scaling perspective. Up-to-Date Software & Technology.
Generation CFO
JANUARY 5, 2022
Like many finance leaders, Aidana Zhakupbekova, VP Finance at HousingAnywhere , the largest European mid to long-term rental accommodation platform, has worked across accounting, credit control and FB&A spheres. . When I joined, we had an external accountant and several admin staff, but there was no decent reporting.
PYMNTS
AUGUST 9, 2020
Due to the SAP Ariba Network, suppliers have access to better visibility for invoices and orders, with the ability to self-manage account information, submit invoices electronically and receive new purchase orders. accounts receivable and POS solution provider takepayments.
PYMNTS
JUNE 15, 2020
We take a similar attitude when it comes basic math and science — but when it comes to financial literacy, only 21 states require financial education, Dr. Annamaria Lusardi recently told Karen Webster. These aren’t things that people just pick up without formal education. “No Lusardi should know. Money is also typically an issue.
PYMNTS
DECEMBER 23, 2020
The teenager with a Fortnite habit who manages to clean out Dad’s checking account via the debit card linked to the gaming account. Money is just one of those things where I think the more educated and equipped you are early, the better decisions you can make down the road,” MacDonald said. Rebuilding Accounts Around Families.
PYMNTS
NOVEMBER 24, 2020
Generationally, we’re seeing individuals who maybe weren’t accessing their card accounts or their banking accounts on a regular basis through digital,” he said. In other words, people who had been looking at account data online occasionally or making payments by check are now gravitating toward more self-service options.
PYMNTS
SEPTEMBER 21, 2020
It involved a lot of educational initiatives, creative business model thinking, and for some companies, an entirely new approach to bookkeeping and financial management. You have to reflect both gross amounts and fees in your accounting. You cannot record only the net amount received," he said.
CFO News Room
JANUARY 15, 2023
This “education-based nonprofit organization” works to “cultivate antiracist, people-centered communities for all learners.” In its current format, this legislation seems innocuous because it is voluntary: there is outreach, education, and assistance. Caroline Breashears. Dr. Caroline Breashears is a Professor of English at St.
CFO Selections
MAY 17, 2024
Having a hard time finding talented accountants for your business? Let’s answer the question, “Why is there so much turnover in accounting these days?” …and That’s no surprise. I see news headlines every day that indicate many businesses are struggling with this hiring challenge. and more importantly, “How do we stop it?”
The Charity CFO
JULY 19, 2024
When most people think of an organization’s financial department, they think of accountants. Bookkeepers, accountants, and Chief Financial Officers (CFOs) all serve critical roles in managing an organization’s finances. What is an Accountant? Accountants run reports to help determine if the bookkeeping is done correctly.
CFO Plans
AUGUST 2, 2024
In today’s rapidly evolving business landscape, the integration of technology into accounting practices has shifted from a luxury to a necessity. With the demands of modern businesses continuously growing, leveraging technology to streamline accounting processes is crucial for maintaining accuracy, efficiency, and competitiveness.
The Charity CFO
APRIL 2, 2024
Managing a nonprofit can be complex, especially when it comes to nonprofit accounting. Finding the right accounting partner for your nonprofit is essential to the financial success of your nonprofit organization. That’s why you need a strong accounting partner who specializes in nonprofits.
CFO News Room
JANUARY 27, 2023
Open an approved brokerage account with Open to the Public Investing. Deposit at least $20 in your account. The reward, in this case, is a fractional share of a specific stock, ETF, or crypto token (you must open an account with Apex Crypto LLC for a crypto asset reward). to your account, you get a $75 bonus.
Future CFO
SEPTEMBER 8, 2024
Editor's note: In today’s A Day in the Life , Paulus Chau, Director – Hong Kong and Emerging Markets at AICPA & CIMA shares with FutureCFO audiences how hiking inspires his life and work as well as his passion for helping accounting and finance professionals to further develop their skills. We have two big focus areas.
PYMNTS
DECEMBER 16, 2020
Openpay focuses on "industries where it can make a real difference," the release stated, going on to list the healthcare, automotive, home improvement and education sectors. The deal let Woolworth's access an end-to-end capability, meaning it could handle applications, credit checks, approvals and account management all on one platform.
CFO News
JUNE 27, 2023
The Central Board of Direct Taxes has made it mandatory for charitable, religious, and educational trusts to disclose the names, addresses, and permanent account numbers of donors who make a contribution of over Rs 2 lakhs in a day.
CFO News Room
DECEMBER 15, 2022
In a recent report , we reviewed the size and scope of the national teacher shortage using data from a wide range of public and private sources, including the Bureau of Labor Statistics, the National Center for Education Statistics, the RAND Corporation, and others.
Bramasol
MAY 13, 2024
Overview of the PCAOB and AICPA The Public Company Accounting Oversight Board (PCAOB) is a regulatory body established by the Sarbanes-Oxley Act of 2002 in response to corporate accounting scandals like Enron and WorldCom.
CFO News Room
FEBRUARY 6, 2022
Those looking for insight on saving for college may want to check out The Price You Pay for College by Ron Lieber, which explains the financial aid process and the monetary implication of various educational paths. Parents will find helpful info on topics such as preparing for a new baby and comparing bank accounts for kids.
PYMNTS
OCTOBER 16, 2020
But in fact, the money doesn’t actually leave your account or settle in the merchant’s account until well after the transaction has happened. Consider a typical credit card purchase. A consumer swipes their card and walks away with their goods thinking that the payment is complete.
CFO Share
JULY 16, 2024
A controller primarily oversees accounting processes, ensuring accurate financial records and compliance with regulations. Education and Experience Controllers typically have an accounting degree supplemented with an optional CPA or CMA and 10+ years of experience in managerial accounting.
CFO News Room
NOVEMBER 18, 2022
Nick Levine, Chartered account and Fintech Consultant. Claire Graham-Rudd, Finance Manager, CATS Education. The role of finance across an organisation and the importance of business partnering. Alastair Barlow, CEO and co-founder, Flinder. Eli Ganz, FP&A Manager, Soldo. Check out the recording here.
CFO News Room
DECEMBER 12, 2022
Here at Kitces.com, we have sought to provide advisors with the insights and education they need to help their clients (and their firms) navigate these uncertain conditions, from blog posts and podcasts on these trending topics to the continued expansion of our Kitces Courses and our popular monthly Office Hours and webinars.
Bramasol
OCTOBER 2, 2024
The Importance of Education: Education is a fundamental human right and a key driver in economic development. Prioritizing education and skills development is necessary to remain resilient in a rapidly changing world and help bridge the digital divide in under-resourced communities.
PYMNTS
JANUARY 8, 2021
For example, that might mean having a process in place so that funds are appropriately applied or available when money comes in during off-hours or on the weekend, she said, and really thinking through the process from an accounting, liquidity and treasury management perspective.
PYMNTS
DECEMBER 29, 2020
Now, with electronic processes in place in accounts payable (AP) and accounts receivable (AR) departments, businesses are in a more strategic position than ever before to elevate workflows and strengthen B2B relationships. You have invoice aggregation, multiple account numbers with vendors, short payments, disputes and credit memos.".
The Charity CFO
JUNE 1, 2022
Houda is committed to making the world better through her work in diversity, equality, education and public policy. Don't hire the wrong accountant for your nonprofit! The #1 accounting mistake that nonprofits make is hiring the wrong people to help them. Listen to the podcast here ??. Or here ??. Get the free guide!
CFO News Room
DECEMBER 20, 2022
So, there were one-on-one meetings, and then there were group education meetings. And so, I felt like how I grew was by the more that I learned, the more I was able to educate people on. And so, I started then providing educational meetings on social security, and Medicare, and other topics, state planning.
CFO News Room
JANUARY 26, 2023
The professional and business services industry—which includes professions like accounting, research, and legal services—has surpassed pre-pandemic employment in all regions, with exceptional growth in states like New Hampshire (16.9%), Montana (14.0%), North Carolina (12.7%), Colorado (11.5%), and Texas (10.8%). over that period.
PYMNTS
JULY 9, 2020
Banks have been facing a concerning rise in account takeover (ATO) attacks targeting their customers, with financial institutions (FIs) losses due to such schemes rising 72 percent from 2018 to 2019. The July FI Fraud Decisioning Playbook examines how FIs are working to better detect and defend against ATOs. Get the scoop in the Playbook.
CFO News Room
DECEMBER 31, 2022
Here’s the thing about opening a Roth IRA: not everyone can use this type of account. Roth IRA accounts come with a few unique benefits outside of future tax savings. Not everyone can contribute into a Roth IRA account due to income caps. This means you can’t contribute the full amount toward your Roth account. .
Future CFO
JUNE 24, 2024
The budget and forecast should reflect the Company’s plans, visions, expectations and educated guesses on the market trends. Yes, in the sense that there are a lot of analyses that can now be handled by Gen AI and No, because it transforms accountants from number crunchers to strategic advisors.
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