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).

Financial Reporting 52

Financial Reporting IFRS Compliance Problem Solving 52

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. The board expects more.

CFO 52

CFO Leadership Communication Risk Management 52

Nerd's Eye View

JULY 31, 2024

Even firms with robust compliance programs that do a good job following their required policies and procedures can struggle with examinations if they don't have the information that examiners will ask for readily available.

Auditing 98

Auditing Compliance Advertising Communication 98

Bramasol

NOVEMBER 8, 2021

However, for the past couple of decades, ESG has typically consisted of producing an annual glossy Corporate Responsibility Report that discussed various initiatives in descriptive terms across areas such as energy usage, waste stream mitigation, labor practices, community programs, charitable giving, etc.

Compliance 77

Compliance Accounting SAP IFRS 77

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.

Finance 98

Finance Auditing Compliance Leverage 98

CFO Talks

APRIL 10, 2025

Internal communication must be managed carefully to protect whistleblowers and avoid tipping off suspects. If you’re managing a fraud investigation internally, maintain a timeline and audit trail. Fraud Prevention as a Leadership Strategy The best CFOs arent just compliance expertstheyre risk leaders.

Leadership 52

Leadership Auditing CFO Reconciliations 52

E78 Partners

NOVEMBER 12, 2024

Preparing for a financial audit can be a daunting task, especially for private equity-backed firms where accuracy and efficiency are paramount. This article provides a deeper look at the steps CFOs can take to create a seamless, streamlined audit experience.

Auditing 52

Auditing Financial Planning and Analysis (FP&A) GAAP Compliance 52

E78 Partners

NOVEMBER 12, 2024

Preparing for a financial audit can be a daunting task, especially for private equity-backed firms where accuracy and efficiency are paramount. This article provides a deeper look at the steps CFOs can take to create a seamless, streamlined audit experience.

Auditing 52

Auditing Financial Planning and Analysis (FP&A) GAAP Compliance 52

Future CFO

NOVEMBER 7, 2023

In today's fast-paced world, creating an effective audit procedure is critical for companies to remain competitive and adhere to evolving regulations. Through this, companies can be certain their audits are completed accurately and quickly. The post A finance leader's guide for successful audit appeared first on FutureCFO.

Auditing 52

Auditing Finance Compliance Construction 52

Future CFO

SEPTEMBER 1, 2021

Audit functions that fail to adapt well to hybrid auditing risk a loss of effectiveness and influence at a time when real-time assurance has never been more vital to the wider organisation, said Gartner recently. Below are some of the best practices.

Auditing 52

Auditing Communication Construction Technology 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.

CFO 83

CFO Auditing Compliance IFRS 83

CFO Share

JULY 16, 2024

A controller primarily oversees accounting processes, ensuring accurate financial records and compliance with regulations. Purpose of the Role The controller ensures financial reporting compliance and accuracy while preventing and detecting fraud. CFOs must also be excellent communicators.

Financial Planning and Analysis (FP&A) 98

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

Future CFO

JULY 8, 2024

Editor’s note: Audit is much more than a compliance requirement and is definitely not a declining industry, said Narissa Chen (pictured), Partner, Head of Audit & Assurance, Forvis Mazars in Singapore. She shared with FutureCFO what a career in audit offers and how female professionals can become audit leaders.

Auditing 52

Auditing Leadership Compliance Communication 52

CFO Share

APRIL 5, 2022

With audits ramping up and penalties exceeding $100,000, understanding sales and use tax is essential. The cost of sales tax non-compliance. Worst-case scenario, the state or municipality issues a tax audit and assessment, creating severe financial distress in the business. . Sales tax compliance services.

Sales 98

Sales Auditing Compliance Tax Planning 98

CFO Share

NOVEMBER 15, 2023

Embarking on your first financial audit can be nerve-wracking. This article includes small business accounting tips to prepare for an audit while minimizing its expenses and findings. An audit evaluates: Compliance with accounting standards (GAAP or IFRS.) Risks of fraud or non-compliance.

Auditing 52

Auditing IFRS GAAP Invoicing 52

E78 Partners

SEPTEMBER 21, 2023

Audits, while essential for maintaining the integrity and trustworthiness of an organization’s financial reporting, can be a daunting task. This is not just because of the intricacies and specificities required by the auditing standards but also due to the numerous challenges faced by organizations in the run-up to an audit.

Auditing 52

Auditing General Ledger Reconciliations Accounting Standards 52

The Charity CFO

MAY 18, 2022

Compliance. Compliance. If your nonprofit requires an audit, the board should engage directly with the audit firm. Finally, the board should be aware of significant compliance requirements the nonprofit is subject to and ensure a system of accountability is in place. Review annual audit . It’s very common.

Nonprofit 105

Nonprofit Auditing Compliance Budgeting 105

CFO Talks

NOVEMBER 11, 2024

Additionally, I learned the importance of cultural sensitivity and effective communication. Communication Skills: Effective communication is vital for conveying complex financial information to non-financial stakeholders, including the board of directors and investors.

CFO 52

CFO Leadership Problem Solving Communication 52

Fpanda Club

MARCH 27, 2023

Many finance professionals are starting to feel that they are too focused on historical data, reporting, compliance, etc. Moving into FP&A from other fields of finance, such as accounting and audit, has recently become very trendy. LinkedIn is full of advice, courses and trainings focused on this transition.

Finance 130

Finance Auditing Compliance Communication 130

CFO News Room

DECEMBER 16, 2022

Chief Compliance Officer. A chief compliance officer ensures financial institutions adhere to all applicable laws and regulations. To keep a business running smoothly and help avoid costly non-compliance fees, CCOs monitor company policy and compliance. Communication Skills. Average salary: $114,832 per year.

Finance 130

Finance Budgeting Financial Analyst Compliance 130

PYMNTS

OCTOBER 5, 2020

Maintaining compliance can be tricky for merchants, however, as they may struggle to comprehend all aspects of these rules or find cost-effective ways to adhere to them. Compliance Complexities. Compliance Complexities. Some firms may also simply wish to avoid the cost and distraction of conducting regular PCI audits.

Compliance 82

Compliance Securities Auditing Retail 82

CFO Share

JUNE 6, 2024

A CFO can develop contingency plans, conduct regular audits, and ensure robust internal controls to mitigate these risk. Some operational risks include: Supply chain risk Compliance risk Fraud risk Inventory risk Market Risks Fluctuations in market conditions, such as interest rates and FX rates, can affect revenues and profitability.

Risk Management 105

Risk Management CFO Foreign Exchange Credit Risk 105

CFO Leadership

OCTOBER 10, 2023

AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals. As AI permeates finance, questions about its compliance with audits and financial governance will arise.

Accounting 95

Accounting Finance Auditing IFRS 95

CFO Talks

OCTOBER 3, 2024

Actionable Preventive Steps: Establish Strong Governance : Set up an independent audit committee to oversee financial reporting and ensure that internal audits are performed regularly. Employee Verification : Periodically verify that all employees on the payroll are legitimate by cross-checking records with HR data.

Invoicing 98

Invoicing Auditing Benchmarking Reconciliations 98

Fpanda Club

SEPTEMBER 2, 2021

Performance management is a range of practices which a company uses to measure its performance and communicate results. However, interpersonal and communication skills are equally important, especially today when we are witnessing a huge shift of the FP&A organization towards business partnership model.

Financial Planning and Analysis (FP&A) 130

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

The Charity CFO

APRIL 19, 2022

Red Flag #2: Hidden Compliance Issues. When most nonprofits think about ‘accounting issues,’ they’re concerned about poorly prepared financial reports, bookkeeping errors, gaps in communication with funders, bad audits and a million more things in this vein. DO NOT let compliance issues linger.

Nonprofit 98

Nonprofit Compliance Auditing Accounting 98

Future CFO

FEBRUARY 2, 2025

E-invoicing mandate and ESG compliance add further complexity dimensions to the priorities and challenges faced by the Office of the CFO. Office of the CFO must navigate these varying regulations and ensure that AI solutions comply with local laws to avoid non-compliance and potential penalties.

Accounts Payable 52

Accounts Payable Accounting Invoicing CFO 52

Fpanda Club

FEBRUARY 5, 2024

Monthly closing, reporting, compliance and support in audit are among the most frequent responsibilities mentioned in the descriptions. When asking finance professionals how much time they actually spend on finance business partnering, one of the common anwers is “we don’t have time on that” or something along these lines.

Finance 130

Finance Analyzing Data Communication Benchmarking 130

Future CFO

NOVEMBER 10, 2021

The Gartner 2022 Audit Plan Hot Spots report also identified evolving societal expectations for enterprises, such as environmental, social and governance ( ESG ) risks, and operational resilience as top risk areas for 2022. The 2022 audit plan hot spots that Gartner identify are as follows. Ransomware. Data and Analytics Governance.

Auditing 75

Auditing Economics Communication Planning 75

Future CFO

MAY 1, 2024

As they assist in compliance audits and the monitoring of internal controls to ensure that everyone within the company does their job correctly, they are also expected to thrive and flourish amid the challenges along the way for the benefit of the organisation.

Leadership 98

Leadership IFRS Finance Communication 98

Bramasol

JULY 26, 2024

In this episode, we dive into five issues that are at the heart of optimizing Quote-to-Cash to Compliance with SAP Revenue Recognition and subscription management applications, including complex bundling scenarios. Closing and Reporting: How can we shorten our periodic closing cycles while assuring reporting and disclosure compliance?

SAP 80

SAP IFRS GAAP Compliance 80

Beacon CFO Plus

NOVEMBER 30, 2023

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

PYMNTS

SEPTEMBER 22, 2016

Part of the problem, says Pegasystems Senior Director of Risk, Compliance and Onboarding for Financial Services Reetu Khosla, is that KYC and other regulations change so frequently and are so numerous that it’s a major undertaking to remain compliant. On Tuesday (Sept. “Regulations aren’t going away,” stated Khosla.

Banking 75

Banking Compliance Prioritization Auditing 75

PYMNTS

SEPTEMBER 26, 2018

“Just as HTTPS, SMTP and SIP enabled free borderless information sharing and communications, crypto assets and blockchain technology will enable us to exchange value and transact with one another in a similar way: instantly, globally, securely and at low cost.”

Auditing 72

Auditing Compliance Communication Leverage 72

CFO Plans

MAY 2, 2024

Assessing Communication and Collaboration Effective communication and collaboration are key to a successful partnership. Look for an accounting partner that values open communication, responsiveness, and proactive problem-solving. Look for a partner that provides strategic advisory, financial planning, and performance analysis.

Accounting 52

Accounting Problem Solving Communication Compliance 52

CFO Talks

SEPTEMBER 26, 2024

It outlines compliance requirements such as annual financial statement submissions, director duties, and shareholder rights. CFOs must ensure compliance with various tax deadlines, proper record-keeping, and adherence to SARS guidelines to avoid penalties and interest charges.

IFRS 52

IFRS Compliance Auditing Financial Reporting 52

Future CFO

AUGUST 21, 2023

There are many areas where AI has been infused into finance processes to drive value so let me mention a few: Finance process optimisation : Building intelligent workflows to reduce manual effort and improve compliance. Fraud and waste : Use Machine Learning (ML) to detect fraudulent patterns.

Finance 98

Finance Compliance Data Analysis Leverage 98