The Charity CFO

MARCH 31, 2023

The word audit can invoke instant fear and dread. Whether it’s an IRS audit, external audit, or even an internal audit, the process can feel burdensome and worrying. Contrary to popular belief, most audits are not conducted to detect a problem. Should My Nonprofit Obtain an Independent Audit?

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Nonprofit Auditing Compliance CFO 98

CFO Talks

APRIL 9, 2025

What Every CFO Should Know to Protect the Business (and Their Career) You dont need to be an actuary or compliance expert to understand risk. While many executives associate risk with compliance departments or specialist consultants, CFOs dont have the luxury of passing the buck. A failed audit. A tax penalty.

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CFO Leadership Communication Risk Management 52

CFO Talks

NOVEMBER 21, 2024

Members’ Profile: Anne-Marie de Bruin In this edition of CFO Club Africa’s Members Spotlight, we are introducing Anne-Marie de Bruin, a highly experienced finance professional and the freelance Financial Manager at AM Cross Country Consulting. Leadership and communication skills are equally important.

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CFO Leadership Communication Problem Solving 98

The Charity CFO

APRIL 29, 2022

Many nonprofit organizations both large and small need to undergo a financial statement audit every year. Preparing for a nonprofit audit can be overwhelming and anxiety-filled, especially if it’s your first audit or you don’t have a strong and experienced financial team. What is a financial statement audit?

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Nonprofit Auditing General Ledger Reconciliations 105

CFO News

DECEMBER 20, 2024

The NFRA's recent audit inspections of BSR & Co. LLP have exposed significant lapses in related party transactions, audit documentation, and independence controls. Both firms have acknowledged these issues and committed to implementing corrective actions to enhance their audit practices and regulatory compliance.

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Auditing Compliance 49

CFO Plans

APRIL 14, 2025

CFO Tax Recovery Strategies: Your Financial Lifeline Implementing robust tax recovery strategies is essential for a swift return to stability. Consider conducting a thorough financial audit to pinpoint areas for improvement. Discover more CFO Tax Recovery Strategies to secure your financial future.

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Auditing Compliance CFO Financial Reporting 52

CFO Talks

APRIL 16, 2025

As a CFO, youre not just crunching numbers. So, what does good governance really mean, and how can you leverage it not just for compliance, but for control, credibility, and competitive edge? It shifts governance from compliance to outcomes. The CFOs Governance Agenda: Three Strategic Priorities 1. but Did it work?

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Auditing Compliance CFO Leadership 52

CFO Plans

NOVEMBER 25, 2024

In today’s fast-paced digital landscape, the role of a Chief Financial Officer (CFO) in the financial services industry has evolved significantly. No longer confined to traditional financial management, CFOs now play a pivotal role in safeguarding their organizations against increasingly sophisticated cyber threats.

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Prioritization Compliance Financial Data CFO 52

The Charity CFO

DECEMBER 30, 2021

Contrary to what many people envision, a nonprofit audit doesn’t usually start with a letter from the IRS. Instead, an independent nonprofit audit is something you choose to build trust in your nonprofit organization. An audit can be a critical step for a growing nonprofit that needs to raise increasing amounts of funds.

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Nonprofit Auditing GAAP Accounting Principles 98

CFO Talks

APRIL 15, 2025

Without it, even the most brilliant CFO will find themselves patching up avoidable errors, defending late reports, and wasting energy on workarounds. Accountability Is More Than Compliance Finance professionals are trained to be cautious. Compliance is non-negotiable, of course. But accountability goes a step further.

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Accounting Forecasting Auditing Compliance 52

The Charity CFO

DECEMBER 18, 2024

Compliance and Regulatory Requirements One of the most significant impacts of receiving federal funding is the increased scrutiny and compliance requirements. Organizations that expend over $750,000 in federal funds (increasing to $1 million in 2025) are subject to a single audit. Get the free guide!

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Nonprofit Auditing Compliance Budgeting 52

CFO Talks

MARCH 26, 2025

The professionals you really want the ones who understand both compliance and strategy, who can hold their own in front of auditors, and who arent afraid to challenge the numbers theyre in demand. The Role of the CFO in Employer Branding Heres the part most people miss: this isnt just an HR function. Especially in finance.

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Finance Leadership Auditing Compliance 52

CFO Share

JULY 16, 2024

When building your back office, you may consider whether you need a financial controller or a CFO. The skills and responsibilities of these roles overlap, and to make matters more confusing, an underqualified CFO (yes, there are plenty out there) will perform similar to or worse than an excellent controller.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) CFO General Ledger Compliance 98

https://trustedcfosolutions.com/feed/

AUGUST 12, 2022

At its core, SOX compliance helps to ensure the accuracy of a company’s financial statements and protects the business from fraud, cyber-attacks, lawsuits, and more. The post Sage Intacct For SOX Compliance appeared first on. This means no single user can initiate and approve a transaction.

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Compliance Reconciliations Securities Auditing 109

CFO Share

JUNE 27, 2024

How a CFO Ensures Compliance in Financial Reporting Reliable financial statements are crucial for business management, but ensuring compliance may feel like a luxury in the resource-constrained world of small business. How can a small business ensure compliance in reporting without overspending on accounting staff and audits?

Financial Reporting 52

Financial Reporting Compliance CFO Auditing 52

The Charity CFO

MARCH 13, 2025

From federal grant compliance to donor transparency expectations, nonprofits must meet a growing list of financial integrity standards. This not only builds trust but also prevents ethical and compliance issues that could put your funding at risk. This ensures accountability and makes audits or donor inquiries easier to manage.

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Nonprofit Auditing Compliance Leadership 52

Future CFO

APRIL 9, 2025

Compliance with standards like ASC 606 and IFRS 15 is still crucial, but the focus has shifted to optimising operations for growth. RightRev says financial leaders regularly struggle with non-standard contracts, audit risks, process inefficiencies, and a lack of automation, all of which create friction in properly recognising revenue.

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IFRS Auditing Forecasting Compliance 52

CFO Talks

AUGUST 28, 2024

Navigating South Africa’s Reporting Maze: What Every CFO Needs to Know Navigating the complex landscape of regulatory reporting in South Africa can be daunting, especially for CFOs who bear the responsibility of ensuring compliance while also driving strategic financial decisions.

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CFO Auditing Compliance IFRS 83

CFO Share

JUNE 6, 2024

The Role of a CFO in Financial Risk Management Managing financial risks is crucial to ensuring long-term business success. This is where a Chief Financial Officer (CFO) becomes indispensable: disciplined, deliberative, and concrete. A deliberative CFO balances the entrepreneur by providing a more cautious and analytical perspective.

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Risk Management CFO Foreign Exchange Credit Risk 105

Future CFO

FEBRUARY 14, 2025

Cloud-based financial systems have improved collaboration, making data more accessible while ensuring compliance with evolving regulations." Understanding automation tools is also essential, as AI is reshaping processes such as financial planning, risk management, and audit compliance."

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Cash Flow Forecasting Compliance Leverage Reconciliations 78

CFO News

OCTOBER 2, 2023

The Income Tax Department's e-filing portal received over 30 lakh audit reports by September 30, according to the tax authority of India. The department expressed gratitude to taxpayers and tax experts for their timely compliance.

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Auditing Compliance 97

CFO Thought Leader

OCTOBER 15, 2024

She had excelled quickly, so much so that she was assigned to a leadership role in a major audit project just 2 years into her career. From consulting with clients to eventually becoming the company’s CFO, Pineda found her career full of unexpected turns. Read More But life had other plans.

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Leadership CFO Auditing Compliance 98

CFO News

FEBRUARY 16, 2024

The regulator will also gauge the Big Five's compliance with the suggestions made in its December 2023 reports in which it had flagged deficiencies in their work processes, including on non-audit services that they provide to the same companies of which they are the statutory auditors, one of the persons said.

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Auditing Compliance 98

CFO News Room

NOVEMBER 2, 2022

Chris Stanley is the Founding Principal of Beach Street Legal LLC, a law practice and compliance consultancy whose sole purpose is to help entrepreneurial investment advisers and financial planners succeed. Compliance policies and procedures manual. Author: Chris Stanley. Guest Contributor. Net capital worksheet. Surety bond.

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Compliance GAAP Investments Advertising 130

Future CFO

MARCH 16, 2022

Companies are estimated to reduce annual compliance training by 50% by 2025, said Gartner recently. Many compliance leaders are dissatisfied with the effectiveness of their existing program activities,” said Chris Audet, senior director, research in the Gartner Legal, Risk & Compliance practice.

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Compliance Budgeting Leverage Numbers 98

CFO Talks

MARCH 13, 2025

Now, picture the opposite: instant access to real-time financial insights, automated compliance checks, and AI-driven forecasts guiding your next move. Reducing Errors and Ensuring Compliance Mistakes in financial reporting can be costly. This is the power of Financial Information Systems (FIS).

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Financial Reporting IFRS Compliance Problem Solving 52

CFO Talks

APRIL 10, 2025

As CFO, you’re not just managing the numbersyou’re the last line of defense between your organisation and reputational, regulatory, or even criminal fallout. If you’re managing a fraud investigation internally, maintain a timeline and audit trail. As CFO, your job is to make sure they stay real.

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Leadership Auditing CFO Reconciliations 52

CFO News

MAY 3, 2024

Corporate Affairs Ministry highlights the importance of cost audits in preventing manipulation by companies, such as misleading banks and evading taxes like GST. Compliance with the Companies Act, 2013 is crucial for monitoring cost records.

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Auditing Compliance Banking 81

CFO Talks

MARCH 5, 2025

Knowing the specific rules for your industry helps you prepare in advance and avoid compliance issues. If there are differences, it can lead to problems during audits or inspections. Keep track of reporting deadlines Use a compliance calendar so you never miss a submission.

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IFRS Auditing Compliance Financial Data 52

CFO Talks

MARCH 25, 2025

Think of automated exception reports, audit trails, or simple dashboards that flag mismatches between systems. And as CFO, its your job to make sure your systems dont just capture datathey protect it. And in a world where compliance failures, bad calls, and poor forecasting can cost you your job, it gives you cover and confidence.

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CFO Reconciliations Finance Auditing 52

The Charity CFO

MAY 6, 2022

The Uniform Grant Guidance (UCG) outlines these rules that recipients of federal grants must follow to maintain compliance; and penalties for non compliance can be severe. Do I need an audit to secure federal grant funds? No, you don’t always need a nonprofit audit in order to qualify for federal grant funding. .

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Nonprofit Auditing Financial Systems CFO 119

Future CFO

MAY 15, 2024

Asia’s ESG journey BlackLine regional vice-president for Asia, Nikhil Parambath , says Asia's business leaders are focusing on strategic initiatives for long-term growth, with an increasing emphasis on ESG compliance to build trust among stakeholders.

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Finance Auditing Compliance Leverage 98

CFO News

OCTOBER 1, 2024

On October 1, marking the sixth anniversary of the NFRA, Chairman Ajay Bhushan Pandey spoke exclusively with ETCFO, addressing how India's auditing standards meet global requirements, investor protection, claims of pressure on auditors, debarment orders, and the organisation’s ongoing commitment to audit quality and compliance.

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Auditing Compliance 75

CFO News

OCTOBER 9, 2024

lakh audit reports, including approximately 34.09 lakh Tax Audit Reports (TARs), were filed for AY 2024-25 by October 7. Extensive outreach and helpdesk support facilitated taxpayers in timely compliance, with the helpdesk handling 1.23 The finance ministry reported over 34.84 This marks a 4.8% increase from the previous year.

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Auditing Compliance Finance 74

CFO Leadership

AUGUST 12, 2021

The CFO Leadership Council proudly highlights our very first ten Diversity, Equity, and Inclusion Ascend Honorees! The Ascend program is an opportunity for Senior Finance Executives from underrepresented groups to join The CFO Leadership Council. Fisher Senior VP & CFO American Hospital Association. Christina Y. Christina Y.

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Leadership CFO Financial Planning and Analysis (FP&A) Finance 98

The Charity CFO

APRIL 5, 2023

In order to confidently run your organization, it’s important to have a strong understanding of nonprofit compliance requirements. In addition to the many struggles of running a business, nonprofits have additional hurdles to overcome as it relates to their mission, employment strategy, accounting, and compliance.

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Nonprofit Compliance Auditing Accounting 52

CFO News

SEPTEMBER 13, 2024

Balasubramaniam R brings nearly 30 years of expertise across various sectors, with a focus on finance, accounting, auditing, statutory compliances, and management information systems (MIS).

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Auditing CFO Compliance Finance 75