Barry Ritholtz

NOVEMBER 4, 2023

He is the author of Number Go Up: Inside Crypto’s Wild Rise and Staggering Fall. His research found that there have been huge losses through scams and hacks. 5% makes Tether one of the world’s most profitable companies. Today, it’s trading at $0.069, down >99%. trillion in client assets. _

Numbers 75

Numbers Profit and Loss Treasury Accounting 75

The Charity CFO

JANUARY 13, 2022

But accounting for in-kind donations presents its own unique challenges. In this article, we’ll dig into how to account for in-kind donations on your nonprofit’s books. Why accounting for in-kind donations matters. Accounting for in-kind donations isn’t just important; it’s required for many nonprofit organizations. .

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Nonprofit Accounting GAAP Accounting Principles 98

PYMNTS

JULY 28, 2020

bank profits are at double the risk for loan losses than their European counterparts, according to the Financial Times on Tuesday (July 28). According to consultants with Accenture , European banks are already preparing to follow American ones in massive second-quarter loan loss reporting related to the pandemic. Swiss and E.U.

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Profit and Loss Banking Numbers Accounting 60

PYMNTS

APRIL 8, 2019

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. Yet, once a company starts to churn a profit, business owners rarely consider their strategy of an eventual exit or sale.

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Profit and Loss Accounting Financial Data Valuation 111

The Charity CFO

MARCH 24, 2022

Fraud losses in the charitable industry destroy an organization’s reputation, future financing opportunities, and capacity to carry out its mission. They lacked evidence to explain a significant spike in the number of community locations Feeding Our Future claimed to support. . 3 Common Types of Fraud in Non-profits .

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Nonprofit Profit and Loss Auditing Leadership 98

PYMNTS

FEBRUARY 26, 2018

Here are the numbers: 1.8 billion | Number of adults in the world who do not have bank accounts and may not have government-issued IDs but do have mobile phones. Here are the numbers: 1.8 billion | Number of adults in the world who do not have bank accounts and may not have government-issued IDs but do have mobile phones.

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Accounts Payable Accounting Profit and Loss Restructuring 40

PYMNTS

FEBRUARY 15, 2019

In the run-up to its IPO later this year, Uber put up a mixed bag in terms of numbers for the last quarter of 2018. But revenue growth clocked in at only 2 percent between Q3 and Q4 — leading some investors to question the ridesharing firm’s future prospects for profitability in the future. By the numbers, Uber brought in $11.3

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Profit and Loss Leadership Numbers Finance 53

CFO News Room

JANUARY 19, 2023

These protections help safeguard investors’ funds and securities in the event of a brokerage firm’s failure or other financial losses. In addition to this protection, Robinhood has implemented measures to monitor suspicious activity and protect users from financial loss due to fraudulent activity. Is Robinhood Safe to Use?

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Profit and Loss Securities Nonprofit Investments 130

CFO Share

NOVEMBER 18, 2023

To most small business owners, accounting best practices feel like an annoyance and distraction. However, common mistakes can create an accounting mess and impede growth. Solution : Accounting best practices require financials to close by the 15 th each month. If you do not know what that means, you are likely a culprit.

Accounting 52

Accounting Profit and Loss Financial Data Compliance 52

CFO Simplified

AUGUST 14, 2022

It will take a number of months to show them that you’ve changed the way you’re working with them and that things are going to be better going forward. You don’t want to be showing a large profit one month and a large loss the next month—even if over a period of time that balances itself out.

Banking 98

Banking Profit and Loss Financial Reporting CFO 98

CFO Share

JULY 20, 2021

What does a Forensic Accountant Do? Is your small business not making as much profit as you expect? Are you earning profits but always falling short on cash? Since internal accountants are the most likely employee to be stealing from the company, businesses rely on forensic accounting consultants to investigate potential fraud.

Accounting 52

Accounting Profit and Loss Auditing Invoicing 52

CFO News Room

DECEMBER 24, 2022

A new merchandising leader undertook a review of brand profitability and saw that the company was actually losing money on its La Perla sales. The company debated whether it was worth carrying a brand that consistently created losses. What do these two examples have in common? What is a Customer-Base Audit?

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Profit and Loss Auditing Planning Sales 130

PYMNTS

JANUARY 21, 2020

As Aronica highlighted, this strategy also impacts the bottom line due to the high costs associated with manual accounts receivable (AR) practices. “The reason I say ‘hidden cost’ is because there is no line item on a profit and loss statement that says ‘invoice processing cost,'” he explained.

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Invoicing Accounting Profit and Loss B2B 64

PYMNTS

NOVEMBER 17, 2020

This overwhelming reliance on smartphones has generated record profits for major telecommunications companies, including AT&T , Sprint and Verizon , with the industry generating $610 billion in revenue in 2019. Telecommunications companies face a number of challenges in their day-to-day operations, however.

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Profit and Loss Numbers Securities Accounting 107

CFO Talks

NOVEMBER 20, 2024

For example, while South African companies follow International Financial Reporting Standards (IFRS), the US requires compliance with its Generally Accepted Accounting Principles (GAAP). Missing a deadline isn’t just embarrassing; it can lead to penalties, delisting threats, or a loss of investor confidence.

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IFRS GAAP Currencies CFO 98

PYMNTS

MARCH 1, 2017

There’s a war going on in the digital world, one that most consumers are unaware of, despite the impact it could have on their money and their privacy — a battle between fraudsters and security providers over account takeovers. Account takeovers accounted for more than $2.3 billion in losses last year.

Accounting 56

Accounting Profit and Loss Securities Numbers 56

Musings on Markets

NOVEMBER 1, 2023

As the price dropped below $200 today (October 30,2023), I decided that it was time for me to revisit and revalue the company, taking into account the news, financial and other, that has come out since my last valuation in January 2023, and to understand the dueling stories that are emerging about the company. billion on revenues of $95.9

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PYMNTS

MARCH 2, 2020

As innovators drive forward, however, they can sometimes forget who’s really at the user-end of their technologies designed to combat business payments pain: the accountant. In the current fast-moving climate, accountants have struggled with the manual processes involved with managing their business client’s funds,” he told PYMNTS. “In

Accounting 56

Accounting Reconciliations Profit and Loss B2B 56

Centage

SEPTEMBER 13, 2022

Profit and loss statement: Also known as an income statement, a profit and loss statement summarizes your company’s costs, expenses, and revenues incurred in a certain period, such as throughout the fiscal year or during a specific quarter.

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Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 98

Musings on Markets

FEBRUARY 8, 2024

To understand how much these stocks meant for overall market performance, recognize that these seven companies accounted for more than 50% of the increase in market capitalization of the the entire US equity market (which included 6658 listed companies in 2023).

Marketing 120

Marketing Valuation Profit and Loss Advertising 120

The Charity CFO

FEBRUARY 2, 2022

In fact, as a nonprofit organization, the expectations for transparency and accountability are higher than those for for-profit businesses. It’s a tool for ensuring transparency, disclosure, and accountability to the public. Federal Employee ID Number (EIN). Full accounting of income, expenses, and donors.

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Nonprofit Profit and Loss Auditing Accounting 98

Musings on Markets

DECEMBER 10, 2023

We will end with a discussion of how enterprises try, with mixed effects, to build protections against the loss of key personnel. and that effect, as I have noted in my earlier discussions of narrative and numbers, can be all encompassing. Who is a key person?

Valuation 118

Valuation Profit and Loss Entertainment Investments 118

PYMNTS

JULY 10, 2020

“The nCino Bank operating system is a single, multi-tenant cloud platform that digitizes client onboarding, loan origination and deposit account opening across commercial, small business and retail lines of business. But nCino has yet to earn a profit. The company recorded net losses in fiscal 2018, 2019 and 2020 of $18.6

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Profit and Loss Compliance Startups Securities 79

PYMNTS

APRIL 30, 2020

The banks, combined, have set aside $66 billion for the prospect, which is likely due to the number of corporations that may have to default due to the virus’ economic destruction. banks have tended to be more profitable than their European counterparts, perhaps able to afford a significant hit. bank Citi has set aside $7 billion.

Banking 75

Banking Profit and Loss Accounting Standards Economics 75

Musings on Markets

OCTOBER 6, 2023

The Value of Intangible Assets Accounting has historically done a poor job dealing with intangible assets, and as the economy has transitioned away from a manufacturing-dominated twentieth century to the technology and services focused economy of the twenty first century, that failure has become more apparent.

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Valuation Profit and Loss Accounting Investments 109

PYMNTS

AUGUST 6, 2020

percent of its risk-weighted assets to guard against potential losses. Before the rule change, Monzo was required to have capital worth at 9 percent of its risk-weighted assets as a shield against losses. FT reported a check of recent regulatory filings revealed the number was increased by more than half. the newspaper reported.

Banking 78

Banking Profit and Loss Auditing Startups 78

The Finance Weekly

FEBRUARY 23, 2022

billion is the first number that came out of the research and this represents the total amount of money lost by manual financial work. This number represents how much of an economic uplift could occur “if FP&A departments hit a conservative 0.1% As we learned from Lego, this can propel profits to a whole new level.

Financial Planning and Analysis (FP&A) 83

Financial Planning and Analysis (FP&A) Profit and Loss Budgeting Math 83

CFO News Room

NOVEMBER 25, 2022

This may give the loss-plagued, scandal-tarnished lender just enough of a financial cushion to overcome what is almost certainly the biggest existential crisis of its 166-year existence. But that number will fall markedly once CS confirms its entire net loss for this year. billion of losses. And not until 2025.

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Profit and Loss Banking Restructuring Planning 100

The Finance Weekly

JANUARY 13, 2025

Return on Equity (ROE) is one of those go-to metrics that financial leaders and investors love to use when figuring out how well a company turns shareholders' equity into profits. At its core, ROE measures how efficiently a company uses its net assets (shareholders' equity) to generate profit. What Is Return on Equity (ROE)?

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Profit and Loss Benchmarking Investments Financial Analyst 52

PYMNTS

DECEMBER 4, 2020

The number of shares and the pricing have not yet been released. . Pets are anticipated to stay popular, with the number of households with pets going up 4 percent in 2020 alone. New pet owners account for about $4 billion in fresh demand for food and accessories. It has also narrowed its losses by 77 percent to $20.3

Profit and Loss 66

Profit and Loss Valuation Sales Retail 66

Jedox Finance

JANUARY 19, 2023

Kevin Alansky: In the push to build a plan, it’s easy to forget you aren’t just plugging in numbers to meet a deadline; you’re telling the story of a business and the people in it. A plan should transcend numbers and serve as a road map to success. Simply put: a great plan empowers you to shape the future.

Profit and Loss 98

Profit and Loss SAP Planning Forecasting 98

CFO Talks

NOVEMBER 25, 2024

Identifying and Overcoming Ethical Dilemmas in Business In the corporate world, numbers might drive decisions, but values define leadership. It’s when you’re forced to weigh conflicting priorities—profit versus integrity, loyalty versus legality, or personal values versus organisational goals. What is an Ethical Dilemma?

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Leadership Auditing Profit and Loss Compliance 98

Global Finance

OCTOBER 11, 2024

The banks “failed as a result of a combination of unrealized interest rate losses from their long-term, fixed-rate assets and the loss of the low-rate deposits that had funded these assets,” Larry Wall, research center executive director of the Atlanta Fed’s Center for Financial Innovation and Stability, explained in a blog post.

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Banking Foreign Exchange Profit and Loss Finance 105

PYMNTS

AUGUST 29, 2016

Blowing around last week was the revelation that Uber is good at lots of things, but as of yet, turning a profit isn’t quite one of them. Uber: Lots Of Patrons, Still Looking For A Profit. Gupta has reportedly told investors that second quarter losses are up, even in the U.S., where the firm reported a Q1 profit.

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Profit and Loss Advertising Accounting Securities 40

PYMNTS

OCTOBER 23, 2017

Can fraudsters still take over her accounts? “Of Of course we can,” Ersell claimed with an eerie confidence, “but you’ve made yourself a more difficult target, which reduces your chances of being hit and the severity of potential loss.” They’re using weak passwords – oftentimes, the same weak password for all of their online accounts.

Accounting 53

Accounting eCommerce Profit and Loss Securities 53

PYMNTS

FEBRUARY 28, 2019

When Square released its Q4 financial results, the company reported that bitcoin sales accounted for $166 million of its revenue last year, according to reports. The actual amount of bitcoin sales was $166,571,000, and the cost of buying the coin was around $165 million, which gave Square a net profit of $1.69

Sales 64

Sales Profit and Loss Numbers Securities 64

CFO News Room

JANUARY 19, 2023

trillion in market cap, accounting for all of the recovery in US stocks during that period. Updating the Numbers In the eighteen months since I valued these companies, much has happened, to the economy, to US equities collectively, and to these six companies, in specific. Clearly, much has happened since these valuations.

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Valuation Profit and Loss Numbers Advertising 130