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.
CFO Network
APRIL 24, 2023
As a professional accountant, you understand your job is more than just crunching numbers. Continuing education is vital for accountants; we’ll explain why in this article. The accounting profession has witnessed significant changes in technology, regulation, and business practices in recent years.
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How To Optimize Cash Flow: Your Roadmap To Resilience!
Back to Basics with Reconciliations
Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth
Less Stress, More Success: Accounting Best Practices & Processes for 2025
Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors
Private Funds CFO
JANUARY 28, 2022
EisnerAmper managing director Angela Veal highlights the biggest potential accounting mistakes in executing de-SPAC transactions.
How To Optimize Cash Flow: Your Roadmap To Resilience!
Back to Basics with Reconciliations
Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth
Less Stress, More Success: Accounting Best Practices & Processes for 2025
Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors
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.
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.
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 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
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.
Private Funds CFO
JANUARY 28, 2022
SPACs managers must educate targets to avoid accounting risks.
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
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.
PYMNTS
MAY 6, 2020
There are three letters that best describe the state of higher education in the U.S. Many moving parts remain uncertain, however, thwarting educators from being able to definitively predict cash flows. Many moving parts remain uncertain, however, thwarting educators from being able to definitively predict cash flows.
PYMNTS
JULY 16, 2020
The internet has consequently become an essential part of the educational experience for many young learners. One online learning platform working to meet this demand is Outschool , a San Francisco-based educational subscription marketplace providing thousands of online classes on a wide variety of subjects — with a twist.
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
NOVEMBER 5, 2024
What's unique about Emily, though, is how her firm ensures every client can be served profitably through a combination of a complexity-based minimum fee arrangement, coupled with a structured data gathering, plan delivery, and client communication processes that encourage client accountability and follow-through on action items recommended by their (..)
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 Share
DECEMBER 14, 2022
What is accounts payable ? What is accounts payable? Accounts payable is short-term obligations (aka bills) due to vendors for services or goods received. AP statements are a standard report out of all accounting systems. What are examples of accounts payable? What is the accounts payable process?
Boston Startup CFO
APRIL 3, 2023
Financial accounting: A topic that can easily disorient even the most driven entrepreneurs. As a trailblazer exploring unknown territories, you must equip yourself with the appropriate knowledge and tools to make educated decisions that guide your enterprise towards success.
PYMNTS
AUGUST 24, 2020
Governments are debating how to safely teach students during the pandemic, and some parents have sought to ease educational disruptions and entertain children stuck at home by hiring remote private tutors from digital freelancer marketplaces. The pandemic may add fuel to this expansion, too. These demands are not always met, however.
CFO Share
JULY 19, 2023
The biggest challenges facing accounts payable are chaos, maintenance cost, and fraud. Bring order to Accounts Payable. Accounts payable is a non-revenue-generating expense which best in class businesses minimize. Minimize fraud risk Accounts payable is the number one source of fraud in small businesses.
PYMNTS
FEBRUARY 20, 2019
In its announcement , Mastercard noted that providing educational resources for small businesses to mitigate the risk of cyberattacks not only helps the individual businesses, but supports the economy at large. million from social media account hacks between April and September 2018, shedding light on another rising cyberthreat for SMBs.
https://trustedcfosolutions.com/feed/
MAY 13, 2022
Project management and project accounting are complex, even for a simple project. Let’s look at some of the key benefits of implementing project accounting and a full-featured project accounting software: Provides up-to-date information on the project’s progress and profitability. Create a project budget.
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?
Spreadym
OCTOBER 20, 2023
A multi-currency account reporting refers to the financial reporting and tracking of transactions in multiple currencies within a single account or financial system. Here's how it works: Multiple Currency Support: In a multi-currency account, you can hold balances in different currencies simultaneously.
PYMNTS
FEBRUARY 15, 2019
The higher education sector is facing rising pressure to manage spend, as operating costs climb and organizations face greater scrutiny over tuition levels. ” Analysis from the American Association of State Colleges and Universities (AASCU) has confirmed that organizations in the higher education sphere have deeper goals.
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.
Strategic Treasurer
APRIL 10, 2023
Episode 248 Becoming a Treasurer Series, Part 27: Languages of Finance: Accounts Receivable What problems arise when treasury and accounts receivable misunderstand each other? Explore All Episodes Related Resources Earn your CTP credits on-demand Check out our on-demand options for earning your continuing education credits for CTP.
PYMNTS
SEPTEMBER 19, 2019
Thinkful, an online education site for developers, has revealed that it has been hit with a data breach. “We The news comes just a few days after the company, which provides education and training for developers and programmers, announced it is being acquired by Chegg for $80 million in cash.
Strategic Treasurer
APRIL 3, 2023
Episode 247 Becoming a Treasurer Series, Part 26: Languages of Finance: Accounts Payable What problems arise when treasury and accounts payable misunderstand each other? Explore All Episodes Related Resources Earn your CTP credits on-demand Check out our on-demand options for earning your continuing education credits for CTP.
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 Talks
JULY 5, 2022
Join the SAIBA Tour to India as we attend the 21st IFAC World Congress of Accountants. This year’s World Congress of Accountants 2022, will be hosted by the Institute of Charteded Accountants of India in Mumbai, India. Professional Accountancy organization leaders. Theme they will be focusing on: Building trust.
The Charity CFO
APRIL 25, 2024
For nonprofit organizations, accounting comes with a lot of complexity. Instead of slow, paper-driven, backward-looking accounting, these organizations are moving quickly through digital integrations allowing them to focus on their core responsibilities. What is the actual goal in a nonprofit accounting setup?
CFO Share
MAY 31, 2023
Accounts payable is an annoyance at best, a disaster at worst. More and more businesses use accounts payable outsourcing as a solution to this problem. What to look for in an accounts payable company. Educate your team about fraud schemes. The post Want to outsource your accounts payable?
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.
PYMNTS
AUGUST 9, 2017
Flywire, a provider of international payments and receivables solutions for businesses, schools and healthcare providers announced news on Tuesday (August 8) that it is seeing strong growth in the Japanese education market. Japanese language institutes accounted for 68,165, up 21 percent, the company noted.
PYMNTS
MARCH 17, 2020
challenger bank Monzo has launched business bank accounts this week after a year-long trial period in which 2,500 customers got early access, according to a TechCrunch report. There will be two options aimed at small- to medium-sized businesses (SMBs): a free account and a paid premium account which costs 5 pounds ($6.06) per month.
The Charity CFO
DECEMBER 8, 2022
But in order to get the most out of these grants, you need to understand how to properly manage and account for them. The IRS has strict regulations on how to handle grants and charitable contributions, so it is essential that you understand the best practices when accounting for them. 8 Best Practices When Accounting For Grants.
The Charity CFO
NOVEMBER 10, 2022
What should you look for when evaluating nonprofit accounting services? Whether you are an educational, charitable, religious, sports, or other public-benefit organization, you need to have a good handle on your finances in order to make the most impact. Benefits of Nonprofit Accounting Services. Saves time and money.
PYMNTS
SEPTEMBER 22, 2020
Basware Director of Network Solutions Sami Nikula said in the announcement that the company had a vast array of information to educate the new AI models, “allowing us to confidently achieve the targeted field level accuracy of 97 percent.”.
Future CFO
JANUARY 27, 2022
CFOs must account for inflation-related uncertainties in annual budget and guidance for investors, said Gartner recently. CFOs will need to account for the higher level of uncertainty as they set budgets that drive investment, compensation and annual guidance shared with investors,” Keenan advised.
Strategic Treasurer
AUGUST 18, 2022
Modernizing Accounts Receivable Processing 2022 Survey Results. Description : This webinar discusses the accounts receivable (AR) results from the 2022 Modernizing AP & AR Processing Survey. Field of Study : Accounting. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.
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.
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.
CFO Share
MARCH 13, 2023
Managing accounts payable is critical for any business to maintain healthy cash flow and vendor relationships. Financial ratios are essential tools that help companies evaluate their financial performance, including their ability to manage accounts payable effectively. What is accounts payable in ratio analysis?
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