CFO News Room

JANUARY 18, 2023

Organizations will do this by removing formal education and experience requirements from job postings and instead reaching out directly to internal or external candidates from nontraditional backgrounds who may not have access to certain professional opportunities, or even be aware of them.

Prioritization 130

Prioritization Auditing Education Communication 130

CFO Share

JUNE 6, 2024

A CFO can develop contingency plans, conduct regular audits, and ensure robust internal controls to mitigate these risk. CFOs implement controls procedures, password management policies, and continuing education for employees to ensure cybercriminals do not take advantage of your company. Effective Communication.

Risk Management 105

Risk Management CFO Foreign Exchange Credit Risk 105

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

CFO Talks

JANUARY 22, 2025

The obvious choice for tertiary Education for me was a BCompt degree. At the age of 28 Ive acquired more than 10 years work experience in accounting, auditing, taxation, statutory and secretarial. Johannes Hendrik Bothma CEO/ Director, Darling Romery (Pty) Ltd and subsidiaries. Lead your department / company by example.

CFO 52

CFO Leadership Manufacturing Auditing 52

The Charity CFO

MAY 18, 2022

If your nonprofit requires an audit, the board should engage directly with the audit firm. Instead, it’s your responsibility to educate yourself on the basics of financial management and oversight. Review annual audit . Compliance. Your board should review and approve the annual tax return ( IRS Form 990 ).

Nonprofit 105

Nonprofit Auditing Compliance Budgeting 105

CFO Leadership

OCTOBER 10, 2023

This makes them versatile tools in various fields such as education, customer service, and even creative writing. 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.

Accounting 95

Accounting Finance Auditing IFRS 95

PYMNTS

NOVEMBER 20, 2020

For Andy Brown , CFO at education technology company Chegg , there was a plethora of opportunities to embrace by collaborating with third-party FinTech partners. For Chegg and many other firms, that means the first time going through a virtual audit, and going through quarterly reviews with auditors via virtual communication platforms.

CFO 87

CFO Education Auditing Communication 87

CFO News Room

DECEMBER 2, 2022

I needed to feel confident that if someone did come in to audit us, those numbers were solid and credible. When you’re presenting to the whole company, you need to bear in mind there will be many people with no financial experience, so you adjust your tone, and how you communicate with them,” says Frances. . The results of her changes.

Technology 130

Technology CFO Benchmarking Numbers 130

The Charity CFO

JULY 10, 2022

They also educate the rest of the board on their duties and responsibilities to the organization. . Meanwhile, audits, financial management, and risk mitigation fall under the purview of the Finance or Risk Management Committee. Communication Committee. Communications. Investment Committee. Programs Committee.

Nonprofit 97

Nonprofit Auditing Communication Risk Management 97

CFO News Room

DECEMBER 16, 2022

They also often guide major life events, like saving for retirement or a college education. Because much of an advisor’s job revolves around talking to clients and seeking new investment opportunities, excellent communication skills are essential in this role. Communication Skills. Senior Accountants. Budget Analyst.

Finance 130

Finance Budgeting Financial Analyst Compliance 130

Future CFO

AUGUST 6, 2024

As the focus has started to shift to re-education on what neurodiversity is, and how to provide support for these individuals, organisations are now faced with the task of considering design principles for business processes that are inclusive for all – regardless of their neurotype. Education is key.

Finance 52

Finance Communication Leadership Education 52

The Charity CFO

APRIL 19, 2022

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. Has the Department of Labor audited your organization for misclassifying contractors as employees?

Nonprofit 98

Nonprofit Compliance Auditing Accounting 98

CFO News Room

DECEMBER 30, 2022

Why it is important for advisory firms to conduct an audit of their tech stack and the steps they can take to conduct the exercise. For instance, 46% of Innovators said client communication tools deliver strong Return On Investment (ROI) for their firm, while 36% of Operators and 34% of laggards reported the same.

Planning 130

Planning Auditing Investments Securities 130

PYMNTS

NOVEMBER 29, 2019

There may or may not be near-term proactivity by states to embrace such databases and educational efforts, said Peterson. But as it stands now, education is a hit-or-miss proposition. Audits may increase as states share data with one another about smaller firms that log sales in several locations. Then the scrambling begins.

eCommerce 53

eCommerce Auditing Sales Education 53

CFO Share

APRIL 11, 2024

Reputable outsourced CFO firms adhere to best practices and technologies that elevate financial security, such as separation of duties, best-in-class password management, and continuous fraud education. This often involves direct communication with management and the use of secure, authenticated communication channels.

Securities 52

Securities CFO Invoicing Education 52

VCFO

MARCH 21, 2024

For example, generative AI can be used to create design mockups, improve customer service communications, or summarize lengthy and complex documents or datasets. Educate employees about the ethical considerations associated with AI technologies and encourage them to uphold high standards of conduct in their use of these AI tools.

Microsoft Office 77

Microsoft Office Compliance Auditing Education 77

The Finance Weekly

JANUARY 22, 2024

Communicate with clients, investors, company leaders, and stakeholders. Assist with risk management, audits, and research. Training To prepare for this role, individuals typically undergo a combination of formal education and on-the-job training in lower-level positions. Resolve accounting and finance problems.

CFO 52

CFO Education Communication Risk Management 52

The Charity CFO

NOVEMBER 10, 2022

Whether you are an educational, charitable, religious, sports, or other public-benefit organization, you need to have a good handle on your finances in order to make the most impact. As a result, the organization might not adhere to Generally Accepted Accounting Principles (GAAP), which can trip them up come tax time or during an audit.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

The Charity CFO

APRIL 13, 2023

In order to successfully manage the financial health of your nonprofit organization, here are 7 key concepts you should understand: Compliance and Audit Requirements Compliance is the act of ensuring the public that nonprofits are abiding by the rules that allow them to take advantage of tax exempt status and other financial incentives.

Nonprofit 52

Nonprofit Accounting Standards Compliance Budgeting 52

PYMNTS

NOVEMBER 26, 2019

Cross-communication, in real time, can minimize losses. One best practice financial institutions can deploy is to audit their call center user authentication processes to ensure that proper protections are in place. Another line of defense lies with vigilant consumers, said Srinivasan.

Education 61

Education Securities Construction Credit Risk 61

Future CFO

MAY 5, 2024

Finance professionals must invest in education and training to critically evaluate AI outputs, communicate clearly with key stakeholders, and make informed decisions. ACCA urges finance professionals to ensure that AI governance and AI risk management is in place, beginning with investing in AI literacy and skills development.

Risk Management 52

Risk Management Leadership Auditing Finance 52

CFO Simplified

DECEMBER 26, 2021

As you audit your accounting and finance departments, you may find there are some key roles missing from your business that could be negatively impacting your company’s bottom line. Plus, with the additional education and experience, a CFO brings a strategic financial view to the company. Roles and Responsibilities. Bookkeeper.

Finance 52

Finance General Ledger CFO Auditing 52

PYMNTS

MAY 2, 2016

During a recent conversation with PYMNTS, Ayub shared his perspective on how the role of CRO is becoming more integral throughout the ecosystem and the importance of cross-departmental communication as a tool in risk management towards a more successful commercial enterprise.

Risk Management 41

Risk Management Compliance Auditing Communication 41

The Charity CFO

APRIL 2, 2024

They’ll also work to eliminate inaccuracies within your data, so you can make data-driven decisions you trust and avoid accounting mistakes that might come up in an audit. Strong Communication and Accessibility Your nonprofit accountant can only provide expert advice and accurate reporting if you can easily get in touch with them.

Nonprofit 52

Nonprofit Accounting Accounting Firms Communication 52

CFO Leadership

OCTOBER 18, 2023

This makes them versatile tools in various fields such as education, customer service, and even creative writing. 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.

Accounting 52

Accounting Finance Auditing IFRS 52

The Charity CFO

DECEMBER 8, 2022

Because accurate nonprofit accounting can help with reporting and auditing requirements, and ensure that the funds are being used in accordance with the grantor’s wishes. Establishing clear roles and communication protocols can help ensure that all team members are in alignment when it comes to grant accounting. Conduct regular audits.

Accounting 52

Accounting Nonprofit Auditing Compliance 52

CFO Talks

JULY 23, 2024

This requires a robust risk management framework and regular communication with key stakeholders. This involves educating employees about the importance of risk management and encouraging them to report potential risks. Conduct regular audits and provide training to employees to reinforce the importance of adhering to these controls.

Risk Management 52

Risk Management CFO Compliance Communication 52

CFO Talks

OCTOBER 22, 2024

This includes having clear approval processes, regular audits, and transparent financial reporting. Training and Education : Provide training to your teams on the basics of risk management. Open Communication : Foster an environment where staff feel comfortable discussing risks.

CFO 52

CFO Risk Management Education Communication 52

CFO Talks

JUNE 2, 2022

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. Prior to that, he was a senior manager at Ernst & Young with deep roots into the audit business. Welcome Dean, where are you at the moment?

Auditing 52

Auditing Education Investments Construction 52

CFO News Room

NOVEMBER 22, 2022

” It’s constant communication through the year. How Matthew Communicated His Transition And Migrated Clients [29:08]. Michael: So, share with me a little more just how you communicated this. I know our education plan is on track for retirement.” Here you go. You’re good for next year.”

Planning 130

Planning Communication Profit and Loss Education 130

Future CFO

JUNE 26, 2023

The shift towards remote work has increased reliance on digital communication and collaboration tools, exposing organisations to new security risks as cybercriminals exploit vulnerabilities in remote access systems and unsecured access points within the home. Greater awareness and education.

Leadership 52

Leadership Manufacturing Education Securities 52

Centage

MAY 8, 2023

You communicate with your CEO and know his or her thoughts and strategies. You then have your financial statements – cash flows, performance, budgets and audits. Susan has worked for organizations focused on healthcare, mental health, special education, human rights, youth development, elder services and social justice.

Nonprofit 98

Nonprofit Budgeting Finance CFO 98

PYMNTS

AUGUST 19, 2016

Inter-company accounting , says Deloitte, is suffering from a lack of transparency and accuracy, and Tom Toppen from Deloitte’s inter-company accounting team informed PYMNTS how the negative implications of this go beyond a troublesome audit. It requires various units in the enterprise to get connected and communicate.

Foreign Exchange 40

Foreign Exchange Auditing Treasury Accounts Payable 40

The Charity CFO

NOVEMBER 23, 2022

This is the minimum educational requirement for most nonprofit finance director positions. The best way to verify that a candidate has the necessary educational qualifications is to request a certified copy of their transcript from their college or university. Excellent Communication Skills. How to verify. How to verify.

Nonprofit 52

Nonprofit Finance Strategic Planning Budgeting 52

The CFO College

MAY 12, 2021

” View yourself as a business owner, which will increase your confidence in communicating with clients and the value you provide. Viewing education as a cost and not an investment. Staying informed and sharp through investment in education is essential. Worried about education investment?

Education 52

Education CFO Investments Accounting 52

PYMNTS

MARCH 11, 2020

Buying a car is a considered purchase, so we’ve taken an omnichannel approach that spans the messaging journey from awareness, to education, all the way to word-of-mouth/advocacy of our customers,” said Keeton. “We

Auditing 52

Auditing Advertising Education Retail 52

CFO Talks

JUNE 2, 2022

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. Prior to that, he was a senior manager at Ernst & Young with deep roots into the audit business. Welcome Dean, where are you at the moment?

Auditing 40

Auditing Education Investments Construction 40