E78 Partners

NOVEMBER 22, 2024

Effective technology expense management is essential for companies looking to optimize budgets and stay competitive in today’s fast-paced digital landscape. Businesses must manage their technology expenses effectively to optimize their budget and ensure efficient resource utilization.

Technology 59

Technology Budgeting Forecasting Investments 59

Centage

JULY 25, 2023

Though some businesses rely on Excel for budgeting and financial management needs, the software has some notable disadvantages that may make it a less-than-optimal solution for your business. If a member of your team accidentally enters inaccurate data, this could throw off your company’s entire budget.

Budgeting 98

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

The Charity CFO

DECEMBER 18, 2024

Organizations that expend over $750,000 in federal funds (increasing to $1 million in 2025) are subject to a single audit. This audit goes beyond typical financial audits and examines programmatic compliance as well. Are you ready to expand? Federal funding can provide valuable resources for nonprofits to expand their impact.

Nonprofit 52

Nonprofit Auditing Compliance Budgeting 52

E78 Partners

SEPTEMBER 28, 2023

Leveraging Interim Solutions Interim solutions emerge as a strategic response to this talent shortage, particularly during the critical period of budgeting and planning and year-end season. The post Interim Solutions for Enhanced Budgeting, Year-End, and Audit Preparation in a Competitive Talent Market appeared first on E78 Partners.

Auditing 59

Auditing Budgeting Marketing Leverage 59

Future CFO

JUNE 27, 2024

Finance leaders are now seeing generative artificial intelligence to have the most immediate impact on explaining forecast amd budget variances, according to Gartner, Inc. Finally, CFOs should audit critical data with respective owners before implementation, to decide what modifications must be implemented for use by a GenAI model.

Forecasting 75

Forecasting Budgeting Finance Auditing 75

CFO Talks

APRIL 15, 2025

Are decisions challenged when forecasts dont match operational realities, or is the budget treated as sacred regardless of whats changing on the ground? Similarly, preparing a budget isnt just about compiling figures and applying inflation assumptions. Automated workflows, audit trails, and shared dashboards all create transparency.

Accounting 52

Accounting Forecasting Auditing Compliance 52

The Charity CFO

MARCH 13, 2025

This ensures accountability and makes audits or donor inquiries easier to manage. Master Your Budgeting Process Know exactly what your grants and funding coverand what they dont. Maintain strict budget oversight and ensure spending aligns with your organizations mission and restrictions. Download it for later.

Nonprofit 52

Nonprofit Auditing Compliance Leadership 52

CFO Talks

NOVEMBER 6, 2024

Inflation Rates : Rising inflation affects everything from material costs to employee salaries, so tracking it can help anticipate cost increases and plan budget adjustments. Build Scenarios, Not Just Budgets Traditional budgeting has its limits when the market shifts.

Finance 52

Finance Marketing Auditing Budgeting 52

E78 Partners

DECEMBER 20, 2024

Enable predictive analytics to anticipate future spending needs and align budgets accordingly. Establish Budgets and Automated Alerts Set precise budgets at the project or departmental level. Use automated alerts to flag potential overspending in real time.

Cost Management 52

Cost Management Budgeting Leverage Auditing 52

Future CFO

MARCH 28, 2021

The internal audit function faced both declining budgets and a significantly expanded workload in 2020, according to Gartner survey of 299 internal audit organisations in 2020. The obvious implication, if the picture doesn’t become more balanced, is that audit leaders will have to make tough coverage trade-off decisions.”

Auditing 52

Auditing Budgeting Banking Securities 52

PYMNTS

APRIL 29, 2020

Any small business getting an emergency coronavirus loan from the Small Business Administration (SBA) greater than $2 million will be subject to an audit, Treasury Secretary Steven Mnuchin said. Conducting audits of so many businesses could prove to be a near-impossible undertaking.

Auditing 61

Auditing Treasury Budgeting Banking 61

CFO Talks

MARCH 26, 2025

You dont need a big budget to build a strong employer brand. And in a world where financial scrutiny is rising from every angle SARS, audit committees, regulators, boards the strength of your team is a strategic asset. You need clarity, consistency, and credibility. You dont just need people to fill roles.

Finance 52

Finance Leadership Auditing Compliance 52

Generation CFO

FEBRUARY 4, 2022

Josh, former auditor at the National Audit Office and former management finance professional at environmental leadership group C40, is big on change – but not the sudden, dramatic kind. . We’ve successfully implemented a new reporting, budgeting & forecasting tool and are now looking at the next systems change.” .

Financial Systems 233

Financial Systems Finance Auditing Accounting 233

CFO Talks

APRIL 8, 2025

Yes, I worked in Rwanda as an audit assistant, auditor, and later accountant. I mentor young professionals, support CPD budgeting, and encourage aspiring accountants to join the profession. I also want to mentor young professionals, helping them navigate the evolving finance industry. What are your interests outside of work?

CFO 52

CFO Leadership Auditing Finance 52

The Charity CFO

AUGUST 23, 2024

Download the Article For nonprofits, audits are more than just a regulatory requirement–they’re a tool for safeguarding the organization’s mission and financial health. An audit helps improve an organization’s financial transparency, builds donor trust, and ensures compliance with regulations. Why is Your Nonprofit Being Audited?

Nonprofit 52

Nonprofit Auditing Compliance CFO 52

The Charity CFO

FEBRUARY 8, 2024

Does the idea of a financial audit on your nonprofit leave you feeling nervous? For many nonprofits, a full financial audit can help ensure the accuracy of their financial recordkeeping. Luckily, not all financial situations require an audit. In some cases, a state may have no requirement for an audit.

Auditing 52

Auditing Nonprofit Compliance CFO 52

The Charity CFO

FEBRUARY 27, 2024

Budget tracking is the process of monitoring your nonprofit’s income and expenses to ensure they stay within your planned budget. Effective budget tracking is essential to financial transparency, efficient resource allocation, and strategic planning for your nonprofit. But your budget shouldn’t be a “set it and forget it” plan.

Nonprofit 52

Nonprofit Budgeting Profit and Loss CFO 52

Spreadym

MARCH 9, 2023

Microsoft Excel is a widely used tool for budgeting and corporate planning, but it has several limitations and potential issues when used for these purposes. This can lead to inconsistencies and inaccuracies in the data, which can negatively impact the accuracy of your budgeting and planning. Here are some of the most common issues.

Budgeting 52

Budgeting Planning Auditing Data Analysis 52

Centage

SEPTEMBER 6, 2022

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. Microsoft Excel is not designed to be a central hub for all of a business’s inventory, budgeting, and accounting needs.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

E78 Partners

FEBRUARY 10, 2025

With our expertise in technology expense management (TEM) , we empower organizations to control budgets, ensure compliance, and optimize technology investments. Managing software licenses is a critical aspect of modern IT and financial management, and E78 is here to help.

Compliance 52

Compliance Budgeting Cost Management Leverage 52

Future CFO

JUNE 24, 2024

The budget and forecast should reflect the Company’s plans, visions, expectations and educated guesses on the market trends. This will be an ongoing challenge with AI as there should always be a means to review and audit the system and results. Results should be traceable to specific data and decision-making logic.

Auditing 111

Auditing Financial Analysis Forecasting Reconciliations 111

The Charity CFO

MAY 18, 2022

Your board should be involved in reviewing and approving the annual operating budget. If your nonprofit requires an audit, the board should engage directly with the audit firm. Review annual audit . Spearheading communication with the audit firm and reviewing the audit prior to bringing it to the rest of the board.

Nonprofit 105

Nonprofit Auditing Compliance Budgeting 105

Future CFO

DECEMBER 8, 2024

As companies pan into the new year, budget planning for 2025 comes along. A return to the office puts pressure on budgets to go further As employees return to the office in droves, we expect business travel volume to increase. Automations will handle mundane tasks and help travel managers deliver in-depth audits with ease.

SAP 52

SAP Budgeting Compliance Auditing 52

E78 Partners

DECEMBER 5, 2024

While we can all agree that AIs impact on IT is significant and will continue to grow, are organizations prepared to manage the growing costs on their IT budgets? Estimates suggest that AI projects could take up to 10% of IT budgets yearly, and this figure is likely to increase. Data Pipes. appeared first on E78 Partners.

Budgeting 52

Budgeting Benchmarking Auditing Cost Management 52

Future CFO

NOVEMBER 24, 2024

As finance leaders navigate the ever-changing landscape of digitalisation, it is important to take note of how enterprises in the region move for better budget planning and to drive growth. Governing AI models and tools is also vital to meet evolving AI regulations. To succeed, enterprises need a unified and open governance approach.

Auditing 52

Auditing Budgeting Technology Investments 52

CFO Thought Leader

DECEMBER 10, 2024

Precision involves rigorous financial processesclean audits, timely closes, and granular understanding of key metrics. He understands the pain and challenges of IT and security professionals who deal with exponential growth in machine datadata that expands at a 28% CAGR while budgets remain flat.

CFO 52

CFO Leadership Prioritization Auditing 52

CFO Talks

MARCH 25, 2025

Think of automated exception reports, audit trails, or simple dashboards that flag mismatches between systems. Budgeting processes where the numbers make sense the first time around because standardised inputs are used across all departments. No more random updates to customer accounts or GL codes.

CFO 52

CFO Reconciliations Finance Auditing 52

CFO Talks

MARCH 13, 2025

These systems automatically flag discrepancies, reducing the chance of financial penalties and improving audit readiness. This means department heads can check their budgets, track spending, and make informed financial decisions without needing an accountant to explain the numbers.

Financial Reporting 52

Financial Reporting IFRS Compliance Problem Solving 52

Corporate Financial Weekly Digest

MAY 28, 2021

The Financial Industry Regulatory Authority (FINRA) has published its 2021 Annual Budget Summary (Budget Summary), which outlines how FINRA plans to deploy resources in 2021 to meet its various regulatory responsibilities. As described in the summary, the 2021 budget also includes $83.4 FINRA 2021 Annual Budget Summary.

Budgeting 40

Budgeting Auditing Compliance Numbers 40

The Charity CFO

MAY 31, 2022

You can see how much revenue comes into an organization and how they spend that money by looking at the Statement of Activities (also called the Income Statement) or an updated Budget report (also referred to as the Budget vs. Actual report). In most cases, these include an annual audit and federal tax return.

Nonprofit 98

Nonprofit Finance Auditing Accounts Payable 98

PYMNTS

OCTOBER 25, 2019

Treasury Inspector General for Tax Administration is calling into question the Internal Revenue Service’s corporate auditing performance. But according to the report, the IRS rarely uses this new method and is not examining past audits in order to more efficiently prioritize which cases to more closely examine, Bloomberg said.

Auditing 40

Auditing Treasury Compliance Prioritization 40

The Charity CFO

APRIL 5, 2022

And it may be the right choice for small nonprofits that don’t have experience with accounting, the budget to hire help, or time to learn. Do you need to undergo an audit? . The rules governing independent financial audits for nonprofits can be complex, so do your research. Accurate Budgeting for Your Nonprofit.

Nonprofit 98

Nonprofit Accounting GAAP Auditing 98

The Charity CFO

MARCH 16, 2022

Theresa is an experienced leader in accounting and financial reporting, budgeting, and analysis, with an extensive finance career in the healthcare supply chain industry. Theresa serves on the Board of Directors for Easterseals Midwest, where she is the Audit Committee Chair and is also a member of the Government Relations Committee.

CFO 98

CFO Accounting Nonprofit Auditing 98

CFO Talks

APRIL 9, 2025

A failed audit. This kind of prioritisation doesnt require a big-budget consulting firm. The challenge for finance leaders isnt just recognising these threats, knowing how to respond in a way that keeps the business steady and stakeholders confident. A tax penalty. A failed vendor.

CFO 52

CFO Leadership Communication Risk Management 52

Spreadym

MAY 26, 2023

Budgeting software is an application designed to assist businesses in creating, managing, and tracking their budgets. It helps automate and streamline the budgeting process by providing tools and features to input financial data, allocate funds to different categories, monitor expenses, and generate reports.

Budgeting 52

Budgeting Forecasting Financial Modeling SAP 52

CFO Talks

FEBRUARY 10, 2023

By Jeff Ryan , MD of AWCape, a Platinum Sage business partner for HR, payroll and financial solutions South Africa’s Budget Speech for 2023 is an eagerly anticipated event for CFOs and financial leaders alike, as it provides insight into the government’s economic priorities and plans for the year ahead.

Budgeting 52

Budgeting Profit and Loss Forecasting Economics 52

CFO News

MARCH 5, 2025

Based on the recommendation by the audit committee, the board has approved the borrowing budget aggregate to Rs 1,22,500 crore for financial year 2025-2026, the company said in a stock exchange filing.

Budgeting 40

Budgeting Auditing Finance 40