Nerd's Eye View

APRIL 7, 2023

Also in industry news this week: FINRA has announced that, on the heels of its first enforcement action under the Reg BI rules, it will be ramping up its examinations of broker-dealers for potential violations (after a long period of relative leniency when firms were still determining how best to comply with the rule) A recent study from Ameriprise (..)

Prioritization 95

Prioritization Practice Management Auditing Communication 95

CFO Talks

NOVEMBER 21, 2024

I believe in breaking challenges down into manageable tasks, which makes them less overwhelming and easier to address systematically. I also rely on open communication and collaboration, particularly when the challenge involves a team.

CFO 98

CFO Leadership Problem Solving Communication 98

The Charity CFO

JULY 10, 2022

Meanwhile, audits, financial management, and risk mitigation fall under the purview of the Finance or Risk Management Committee. The Executive Committee handles time-sensitive issues that come up between meetings and prioritizes the agendas for meetings of the full board of directors. Communication Committee. Communications.

Nonprofit 97

Nonprofit Auditing Communication Risk Management 97

CFO Talks

DECEMBER 12, 2024

Communication, conflict management, time management, attention to detail. We have developed the ‘Rat Race Rebel’ program where we guide and coach people to create a better work-life balance – be high-performers while still prioritizing their holistic well-being. Resilience, dedication, loyalty, reliability.

Leadership 88

Leadership CFO Prioritization Education 88

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

CFO Talks

OCTOBER 31, 2024

Collaboration and open communication are also central to how I tackle difficulties. Working across borders requires not only expertise in financial and operational strategies but also the ability to navigate cultural nuances, communication styles, and varied business practices. Finally, strong communication skills are indispensable.

CFO 77

CFO Leadership Communication Problem Solving 77

The Finance Weekly

DECEMBER 15, 2024

Step 1: Conduct a Marketing Audit Why Start with an Audit? A marketing audit provides a snapshot of your current position and helps identify areas that need improvement. Key Activities in a Marketing Audit SWOT Analysis: Assess your internal strengths and weaknesses, as well as external opportunities and threats.

Planning 52

Planning Marketing Budgeting Auditing 52

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.

Accounting 52

Accounting Problem Solving Communication Compliance 52

The Charity CFO

JULY 2, 2024

The first thing you need to do to modernize your operations is assess your current processes and policies with an operations audit. During your audit, take a look at your current systems, workflows, and procedures to identify areas that are working well–and those that need improvement.

Nonprofit 52

Nonprofit Auditing Prioritization CFO 52

Bramasol

JULY 22, 2023

IFRS S1 requires companies to communicate the sustainability risks and opportunities they face over the short, medium, and long term. By prioritizing ESG and adopting proactive strategies, large enterprises can enhance their reputation, resilience, and value in an increasingly ESG-focused business landscape.

IFRS 81

IFRS Accounting SAP Compliance 81

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

CFO Thought Leader

APRIL 16, 2024

Kicking off his career fresh out of school, Udit Tibrewal joined the audit practice of PricewaterhouseCoopers (PwC) in New Delhi, where he set about learning the intricate workings of financial compliance. Cultivate strong communication skills, foster collaboration across teams, and always prioritize integrity in decision-making.

CFO 52

CFO Auditing Compliance Prioritization 52

CFO Talks

NOVEMBER 11, 2024

Once I have a clear picture, I prioritize the challenges based on their impact and urgency. Additionally, I learned the importance of cultural sensitivity and effective communication. Communicate these boundaries to colleagues and family to minimize interruptions during personal time.

CFO 52

CFO Leadership Problem Solving Communication 52

PYMNTS

SEPTEMBER 22, 2016

“It’s really about the competitive advantage and time to transaction, plus auditability and consistency,” Khosla said of banks’ need to onboard corporate clients quickly, while remaining compliant — one of the largest pain points, she added, for financial institutions. .

Banking 75

Banking Compliance Prioritization Auditing 75

E78 Partners

NOVEMBER 15, 2024

By prioritizing operational efficiency, we uncover opportunities for improvement and growth, enhancing value for our clients and stakeholders. Foster Cross-Department Collaboration: Encourage departmental communication and collaboration to streamline processes and reduce redundancy.

Investments 52

Investments Prioritization Strategic Planning Leverage 52

CFO Talks

MARCH 14, 2024

We emphasized the importance of communication, setting priorities, and the initial avoidance of hasty decisions. This follow-up article delves into how CFOs can effectively manage their diverse responsibilities, from prioritizing tasks to fostering innovation and leading their companies through transformational change.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

E78 Partners

NOVEMBER 15, 2024

By prioritizing operational efficiency, we uncover opportunities for improvement and growth, enhancing value for our clients and stakeholders. Foster Cross-Department Collaboration: Encourage departmental communication and collaboration to streamline processes and reduce redundancy.

Investments 52

Investments Prioritization Strategic Planning Leverage 52

E78 Partners

NOVEMBER 15, 2024

By prioritizing operational efficiency, we uncover opportunities for improvement and growth, enhancing value for our clients and stakeholders. Foster Cross-Department Collaboration: Encourage departmental communication and collaboration to streamline processes and reduce redundancy.

Investments 52

Investments Prioritization Strategic Planning Leverage 52

Spreadym

JULY 6, 2023

This includes establishing alternate work locations, data backups and recovery plans, communication protocols, and guidelines for resuming normal operations. It includes analyzing the likelihood and impact of various risks and prioritizing them based on their severity.

Planning 52

Planning Prioritization Compliance Communication 52

CFO Talks

JULY 23, 2024

The goal is to prioritize risks that have the highest potential impact on the organization. This requires a robust risk management framework and regular communication with key stakeholders. 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 Leadership

OCTOBER 10, 2023

Create and communicate a well-defined plan for how you intend to bring advanced AI tools into your organization and use them for transformation. Your company’s technology specialists are an obvious choice, but also consider consulting with leaders from functions like internal audit and compliance.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

The Charity CFO

JULY 1, 2024

There’s a wide range of accounting services your organization might need, including: Bookkeeping Financial reporting Tax preparation Audit support These key services are vital to maintaining the financial health of your organization. You should also choose nonprofit accounting services that prioritize nonprofit data privacy.

Nonprofit 52

Nonprofit Accounting Budgeting Accounting Firms 52

PYMNTS

OCTOBER 17, 2018

defense plans for communication in the nuclear age influenced that. Just look at the logistical lessons learned during World War II that were applied to post-war industry, or even the development of the internet and how U.S. Just a few days ago, in fact, The Washington Post reported that “all of the U.S.

Prioritization 67

Prioritization Auditing Communication Securities 67

The Finance Weekly

APRIL 27, 2022

Set Firm Organizational Standards: As a leader, you have the power to define the company’s operational approach, values, and standards of conduct, expressing the expectations in value statements, company policies, ethical codes, and communications. Document Your Policies: Policies all require clarity, communication, and consistency.

Leadership 52

Leadership Financial Planning and Analysis (FP&A) Communication Reconciliations 52

The Charity CFO

JULY 31, 2023

Open communication within the organization guarantees that conflicts are managed appropriately, helping to uphold the nonprofit’s mission and maintain the confidence of donors, beneficiaries, and the public. The board of directors plays a crucial role in managing conflicts of interest within a nonprofit organization.

Nonprofit 52

Nonprofit Prioritization Compliance Accounting 52

Planful

MAY 24, 2017

It starts with defining the goals, objectives, and strategy of the business and, as part of that, identifying enterprise risks and prioritizing them as a team. There’s no magic number – it’s more important to align to the strategy, prioritize risks, and focus efforts on the most critical areas. Where Does Risk Management Report?

Risk Management 40

Risk Management Prioritization CFO Leadership 40

The Charity CFO

AUGUST 15, 2023

One key differentiator is that what is recorded following GAAP is what will show up on the audit and may not show up on the IRS tax form, Federal Form 990. In some cases, they’ll also be responsible for communicating with grantors. Audits Nonprofits are not exempt from audits.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

The Finance Weekly

MAY 14, 2024

For example, TMP013-4101_EP is an internal SKU that’s coded to communicate specific information for an office supply store. Regularly Monitor Inventory Levels Inventory-driven businesses typically do this thing called an audit once a year to keep the tax department happy. So, prioritize those inventory receipts in your plan.

Forecasting 52

Forecasting Profit and Loss Prioritization Sales 52

BlueLight

AUGUST 21, 2020

Communicate multiple runway scenarios. When the nationwide shelter in place happened, we advised our clients to immediately send out communication and prepare for the next board meeting as it would not be business as usual. Cash is king, so preparation and communication is the first thing you do.

Planning 52

Planning Startups Marketing CFO 52

PYMNTS

OCTOBER 17, 2018

defense plans for communication in the nuclear age influenced that. Just look at the logistical lessons learned during World War II that were applied to post-war industry, or even the development of the Internet and how U.S. Just a few days ago, in fact, the Washington Post reported that “all of the U.S.

Prioritization 40

Prioritization Auditing Communication Technology 40

CFO News Room

NOVEMBER 1, 2022

We are going to thoroughly analyze this organization from top to bottom, left to right, race, by gender, by division, and we’re going to do a pay audit or an equity pay. So there are specific people in the organization. So that’s what I mean by bottom up because there is sort of a, a cautionary tale.

Leadership 100

Leadership Construction Budgeting Planning 100

The Finance Weekly

AUGUST 7, 2024

Its key features include data import, consolidation, and validation, budget creation and formulas, a native Excel interface, a generative AI chatbot called FP&A Genius ; automated dashboards and reports , and custom dashboards with detailed drill-down and audit trails. Vena, in contrast, prioritizes enhancing collaboration within teams.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Marketing Forecasting Budgeting 52

Planful

OCTOBER 19, 2021

According to Nabil Hannan , managing director at NetSpi, CFOs can quantify and communicate the ROI of secure systems to the C-suite by collaborating with chief information security officers ( CISO). Organizations that don’t prioritize net-zero transition run the risk of having BlackRock voting against management and selling its shares.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) CFO Auditing Communication 40

The Finance Weekly

JULY 31, 2023

His expertise spans financial analysis , budgeting, business partnering, financial storytelling, excel, and audit. This broader conversation between humans and machines is facilitated by chat interfaces, which enable more natural communication. The way we communicate may be new, but it is here to stay.

Corporate Finance 52

Corporate Finance Finance Leverage Accounts Payable 52

CFO Talks

NOVEMBER 1, 2024

I also prioritize clear communication and collaboration, seeking input from colleagues or experts when needed. A key strategy that has helped me succeed is maintaining adaptability—being open to change and learning from setbacks. Set Clear Boundaries: Communicate your availability to colleagues and clients to manage expectations.

Prioritization 86

Prioritization CFO Leadership Communication 86

CFO Talks

OCTOBER 30, 2024

Early in my career, I had the privilege of working under an audit partner who recognised my potential and introduced me to my first business book, Rich Dad Poor Dad by Robert Kiyosaki. Effective communication and collaboration with my team have been essential to overcoming obstacles. What sparked your interest in finance?

CFO 52

CFO Leadership Problem Solving Finance 52