Future CFO

JUNE 24, 2024

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. It still needs a level of financial acumen to probe the data and ask the right questions to the system.

Auditing 111

Auditing Financial Analysis Forecasting Reconciliations 111

Future CFO

JANUARY 22, 2024

The accounting industry is undergoing profound transformation due to rapid technological advancements across all sectors in the market. Changes from manual record-keeping to sophisticated software solutions has undeniably shifted the accounting landscape, bringing in an era of heightened efficiency and accuracy.

Accounting 52

Accounting Reconciliations Financial Analysis Financial Data 52

The Finance Weekly

OCTOBER 30, 2024

One of the major trends in this space is the ability to connect bank accounts seamlessly, providing real-time visibility into your financial status. Known for its advanced features, Datarails offers a seamless experience by connecting directly with your existing bank accounts, providing real-time visibility into your finances.

Cash Management 52

Cash Management Cash Flow Forecasting Reconciliations Forecasting 52

CFO Simplified

DECEMBER 12, 2021

The terms “finance” and “accounting” are often used interchangeably. There are, however, very real differences between finance and accounting. While many business owners look for a CFO to bolster their existing accounting team, here at CFO Simplified, we consider that a CFO would be categorized squarely in the finance category.

Accounting 52

Accounting Finance Cash Flow Forecasting Quantitative Analysis 52

Future CFO

FEBRUARY 10, 2025

Utilise Both Quantitative and Qualitative Measurements Employ Standard Financial Metrics: Organisations can use traditional metrics like Internal Rate of Return (IRR), payback periods, and cost savings to quantify the financial returns of environmental projects, such as energy efficiency improvements or waste reduction initiatives.

Investments 52

Investments Education Accounting Standards Communication 52

Future CFO

OCTOBER 9, 2023

In the face of the many advancements now in data and technology, it is undeniable that accountants are put in the position to keep up. Automation has been a notable shift, as routine accounting tasks have become less manual and time-consuming. The post Why accountants must keep up with new technology appeared first on FutureCFO.

Accounting 52

Accounting Technology Financial Analysis Accounting Firms 52

The Finance Weekly

DECEMBER 2, 2024

When you’re making small-talk with someone who isn’t in finance or accounting about how work is going, and they answer with “busy,” do you ever question how hard it really is? They have a five person accounting team who spend an unwieldy amount of time dumping data from NetSuite into Excel. All involving Excel data manipulation.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 52

CFO Plans

MAY 30, 2024

Yet, many businesses struggle with the complexities of accounting, often leading to costly mistakes and missed opportunities. Discover how outsourcing accounting services can improve your financial health , enabling businesses to focus on growth while ensuring their financial health is in expert hands.

Compliance 52

Compliance Accounting CFO Manufacturing 52

PYMNTS

MAY 13, 2019

The rise of small business (SMB) accountants as financial advisors to their clients has emerged in parallel with a surge of back-office software solutions. As SMBs embrace cloud-based platforms, data integration across those systems is an integral part of effective accounting solutions. New Challenges, New Opportunities.

Accounting 61

Accounting Compliance Prioritization Financial Analysis 61

CFO Leadership

APRIL 2, 2024

The start of 2024 saw several high-profile accounting mistakes with companies having to publicly correct their quarterly earnings statements. While the specific causes of the errors were unclear, the incidents had many pointing the finger at a burgeoning risk factor: the shortage of certified public accountants.

Accounting 52

Accounting Accounts Payable Compliance Budgeting 52

CFO Plans

SEPTEMBER 24, 2024

In the ever-evolving landscape of 2024, small businesses must navigate a sea of financial complexities to stay competitive and thrive. Comprehensive accounting solutions are the lifeboat, offering the essential tools and expertise to streamline financial operations.

Accounting 52

Accounting CFO Compliance Financial Reporting 52

Spreadym

JUNE 13, 2023

The chart of accounts is a systematic listing of all the financial accounts used by an organization. It serves as a framework for organizing and classifying financial transactions, providing a standardized structure for recording and reporting financial information. Here's how it typically functions.

Accounting 52

Accounting Financial Analysis Compliance Financial Reporting 52

The Charity CFO

APRIL 28, 2023

Is there an advantage to working with accounting firms specializing in nonprofits? However, running a nonprofit comes with unique challenges that require specialized expertise, particularly in financial management and accounting. Grant Accounting Many nonprofit organizations rely on grants to fund their programs and services.

Nonprofit 52

Nonprofit Accounting Firms Accounting Auditing 52

Future CFO

JULY 15, 2024

While artificial intelligence and advanced technologies can boost financial analysis and decision-making processes through the automation of repetitive and mundane tasks, this also allows finance professionals to focus on understanding the business and making better decisions.

Finance 97

Finance Financial Analysis Budgeting Forecasting 97

CFO Plans

AUGUST 16, 2024

This is where expert financial advisors and comprehensive accounting services come into play. Get Expert Financial Advice Today Understanding Real Estate Tax Basics Real estate tax laws can be daunting, but breaking them down into manageable segments can help. Knowing which expenses qualify can save you a considerable amount.

Accounting 52

Accounting CFO Compliance Leverage 52

PYMNTS

DECEMBER 19, 2019

FinTech and automation technology have cast a shadow of anxiety on the accounting industry in recent years, as certified public accountants (CPAs) began to wonder whether their jobs would be replaced entirely by robots. Because there is a big disconnect between the accounting industry and the small business owner.”

Accounting 53

Accounting Finance Accounting Firms Benchmarking 53

CFO Share

JUNE 18, 2024

Be Selective with Software Integrations In today’s digital landscape, nearly every software offers integrations with accounting platforms. While it might seem easier and more accurate to integrate everything, the truth is most accounting integrations are unnecessary or burdensome.

General Ledger 105

General Ledger CFO Accounts Payable Financial Data 105

CFO News Room

DECEMBER 22, 2022

If there is a lesson be learnt from the last few years of market mayhem, it is that far too many investors, professional as well as retail, seem to have lost their moorings (or never had them in the first place), when it comes to the basics of accounting, finance and statistics.

Marketing 130

Marketing Valuation Corporate Finance Finance 130

Fpanda Club

SEPTEMBER 2, 2021

Planning, budgeting and forecasting are linked together forming financial planning processes. Financial analysis is a type of economic analysis based on the financial data and focused on the assessment of stability and evaluation of profitability of a company, business or project.

Financial Planning and Analysis (FP&A) 130

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

CFO Talks

NOVEMBER 29, 2024

Accountability is another key component. The AFE lays out clear lines of responsibility, documenting who approved what and ensuring departments are held accountable for financial decisions. From digital tools for financial analysis to technologies that improve operational efficiency, staying ahead of the curve will be key.

Finance 98

Finance Profit and Loss CFO Leadership 98

https://trustedcfosolutions.com/feed/

JULY 8, 2022

QuickBooks is the preferred accounting solution for over five million users. It’s the industry standard for start-up businesses looking for a user-friendly, low-cost accounting solution. Financial Reporting. These are things a cloud-based accounting solution like Sage Intacct can do with ease that QuickBooks cannot handle.

Currencies 109

Currencies Compliance Financial Analysis Construction 109

Future CFO

JUNE 2, 2024

Ltd shares with FutureCFO audiences what a typical day is like for a forensic accountant and her passion for teaching. Each day is different and presents new challenges and opportunities for me to apply my expertise in financial analysis and forensic accounting to support clients' interests effectively.

Leadership 98

Leadership Financial Analysis Accounting Economics 98

Musings on Markets

FEBRUARY 18, 2025

The first was the response that I received to my last data update , where I looked at the profitability of businesses, and specifically at how a comparison of accounting returns on equity (capital) to costs of equity (capital) can yield a measure of excess returns.

Marketing 52

Marketing Profit and Loss Investments Accounting 52

The Charity CFO

MAY 31, 2022

Even on nonprofit financial committees, some members may be skilled in accounting, others in banking, and others in investing or financial analysis. But if you bring zero experience in accounting or financial management to your organization, that’s okay. Don't hire the wrong accountant for your nonprofit!

Nonprofit 98

Nonprofit Finance Auditing Accounts Payable 98

Musings on Markets

JANUARY 11, 2024

The Language of Finance : Much as I take issue with the rigidity of accounting rules and the incapacity of accounting to be imaginative, the data that we use in finance is expressed in accounting terms. Watching an 80-minute session online is not easy, especially in a world of TikTok and short YouTube videos.

Corporate Finance 145

Corporate Finance Valuation Finance Investments 145

CFO News Room

JANUARY 25, 2023

With each of my classes, I am sure that purists in each of these areas would blanch not just at my choice of topics that matter, but also at my sloppiness in description, but I will let you be the judge of content. The place to start is with accounting. Along the way, I emphasize what I believe to be long standing truths about valuation.

Marketing 130

Marketing Corporate Finance Valuation Finance 130

CFO Share

APRIL 8, 2024

If you can keep your cool and understand why businesses fail financially , you will be able to spot these 8 early warning signs of financial trouble in your business. What are the early warning signals in financial statements? The quick ration requires no complex financial analysis – just simple arithmetic on the balance sheet.

Financial Analysis 102

Financial Analysis Sales Manufacturing CFO 102

The Finance Weekly

NOVEMBER 21, 2024

Let's go over a few of them: Scenario mode ling - ability to create multi-scenario financial analysis for better decision-making. Vena Cons Pricing - Vena is an expensive choice when it comes to FP&A software (can run over $60,000 for the first year when taking into account implementation fees).

Financial Planning and Analysis (FP&A) 52

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

Centage

JANUARY 3, 2023

Businesses across industries use spreadsheet formulas daily to accomplish a diverse task range, from cost accounting to bookkeeping to project management. Discover why many businesses continue to choose our software to improve their accounting processes. Although Excel is useful for some tasks, it has limitations.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) General Ledger Budgeting Forecasting 98

Musings on Markets

DECEMBER 21, 2022

Pre-game Prep If there is a lesson be learnt from the last few years of market mayhem, it is that far too many investors, professional as well as retail, seem to have lost their moorings (or never had them in the first place), when it comes to the basics of accounting, finance and statistics.

Valuation 99

Valuation Corporate Finance Finance Financial Analysis 99

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.

Investments 130

Investments Education Accounting Finance 130

CFO Network

SEPTEMBER 17, 2021

Have the proper CFO for your company can often be the difference between whether or not you are able to accurately implement your financial analysis. However, it’s not uncommon for a business to not have the resources to keep a CFO in-house. Instead, companies often work with an outsourced CFO to fill this role.

CFO 96

CFO Financial Analysis Budgeting Forecasting 96

CFO Talks

DECEMBER 5, 2024

With over 15 years of experience in financial management, she has held key roles at Nedbank, Imperial Bank, and Regiments Capital, where she developed expertise in corporate finance, reporting, and business strategy. What key skills should a newly qualified accountant develop on their path to becoming a CFO?

CFO 52

CFO Finance Accounting Communication 52

Future CFO

MAY 1, 2024

For this year’s FutureCFO Awards, we discussed matters of interest and importance with three outstanding financial controllers in their respective industries, asking them what is of significance for and in the role.

Leadership 98

Leadership IFRS Finance Communication 98

PYMNTS

DECEMBER 17, 2018

New analysis from corporate payments firm Bill.com suggests ACH payments are dominating the accounts payable department. “Payments are rapidly evolving for accounting firms, as digital payments are now more often used than paper checks,” said Bill.com Senior Vice President of Engineering Vinay Pai in a statement.

B2B 63

B2B Accounts Payable Invoicing Reconciliations 63

Spreadym

OCTOBER 3, 2023

FP&A candidates typically have a background in finance, accounting, or a related field and possess a combination of skills and knowledge in financial analysis, modeling, and strategic planning. Experience: FP&A candidates may have prior experience in financial analysis, accounting, or related roles.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Financial Analysis Financial Modeling Budgeting 59

PYMNTS

NOVEMBER 10, 2020

Corporates, too, need access to transaction data for reconciliation, confirmation of payment and their own financial analysis, opening up the door for financial service providers to develop value-added services around those workflows.

B2B 117

B2B Banking B2C Reconciliations 117