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Syria’s Finance Minister: Country Ready For Return To Normalcy

Global Finance

With a doctorate in accounting and auditing from Frances Universite Paul Verlaine, trilingual in Arabic, French and English, Raouf returned home to teach at Damascus University. According to the World Bank, Syrias economy has shrunk by 85% since its civil war broke out in 2011. Raoufs longer-term challenges are more than daunting.

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What is Account Reconciliation?

The Finance Weekly

The idea is to compare two sets of records—your internal records (like your company’s general ledger) and external ones (like bank statements or vendor invoices). For example, if your internal records say your bank account has $10,000, but your bank statement shows $9,800, you’ve got a discrepancy.

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Members’ Profile: Rofhiwa Irene Singo

CFO Talks

My career journey began at the age of 20, working in banking shortly after finishing my studies. This opportunity allowed me to audit clients like the South African Revenue Service and South African Tourism, as well as manage accounts for Mastercard South Africa. on the last day of the audit, was unforgettable.

CFO
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Lebanon On The Path To Reform

Global Finance

Since the 2019 financial collapse that brought the war-torn country to its knees, banking sector reform has been a prerequisite for obtaining help from multilateral lending institutions. The new law allows entities, including independent auditors, to directly access banking records from the past decade.

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NUCFDC and IIA India partner to elevate governance in UCBs

CFO News

NUCFDC has partnered with IIA India to enhance governance and internal audit standards in Urban Cooperative Banks (UCBs). The alliance will help UCBs adopt globally benchmarked audit frameworks and improve risk management capabilities.

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12 Steps to Ensure Your Company Is Audit Ready

CFO Strategic Partners

A Year-Round Audit Strategy Is A Great Place To Start Insights from Acclarity Accredited to Small-to Medium Business Leader: Michele Himes For all but one day of the year, the end of your financial year is always approaching — sometimes year-end is still months away, other times year-end is right around the corner. Month-End Close.

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Sebi expands scope of unpublished price sensitive information

CFO News

Sebi expands the scope of Unpublished Price Sensitive Information (UPSI) to include proposed fundraising activities, restructuring plans, and one-time bank settlements. New rules categorize various activities, including fraud or defaults, forensic audits, and regulatory actions, under UPSI to minimize litigation and appeals.