The Charity CFO

JULY 2, 2024

If this feels relatable, this article will walk you through the steps you need to modernize your nonprofit operations–from adopting technology solutions to improving data security. The first thing you need to do to modernize your operations is assess your current processes and policies with an operations audit.

Nonprofit 52

Nonprofit Auditing Prioritization CFO 52

CFO Talks

OCTOBER 31, 2024

Securing our first major client was a particularly defining moment—it validated our model and set the foundation for long term sustainable growth. Collaboration and open communication are also central to how I tackle difficulties. Another memorable experience was working with KPMG’s internal audit team in Zimbabwe for three weeks.

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CFO Leadership Communication Problem Solving 97

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

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. Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns.

Accounting 95

Accounting Finance Auditing IFRS 95

E78 Partners

JULY 8, 2024

By looking at the details of the CDK cyberattack and understanding, what a software supply chain attack entails, we can identify best practices for ensuring your organization’s security. Address any vulnerabilities and adhere to industry best practices for security and quality.

Auditing 52

Auditing Securities Communication Planning 52

Spreadym

MARCH 9, 2023

Reporting and Visualization Excel provides limited reporting and visualization capabilities, which can make it difficult to effectively communicate the result of your budgeting and planning to stakeholders.

Budgeting 52

Budgeting Planning Auditing Data Analysis 52

Jedox Finance

DECEMBER 4, 2022

release: Enhanced security and audit capabilities so organizations can minimize operational risk and maintain elevated compliance and governance standards. release provides adaptable and integrated tools for global organizations to more easily communicate the insights that are the foundation of confident decision-making.

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Auditing Communication Compliance Securities 52

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

Nerd's Eye View

APRIL 7, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the T3/Inside Information Software Survey is available, providing insights into which technology tools advisors use and their level of satisfaction with them, which highlighted the continued rise of specialized financial planning (..)

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Prioritization Auditing Practice Management Communication 88

CFO News Room

DECEMBER 30, 2022

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the passage of “SECURE Act 2.0” 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. To start, SECURE 2.0

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Planning Auditing Investments Securities 130

Spreadym

OCTOBER 24, 2023

Data integrity is a critical aspect of data management and is essential for maintaining the trustworthiness of data for various purposes, including decision-making, compliance, and security. Security: Data integrity is closely related to data security. It ensures that data is not altered or tampered with during transmission.

Auditing 59

Auditing Compliance Securities Healthcare 59

CFO Leadership

OCTOBER 18, 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. Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns.

Accounting 52

Accounting Finance Auditing IFRS 52

CFO Talks

MARCH 20, 2024

Example: When it’s time for an audit, the Controller is hands-on, working directly with the auditors, showing them the books, and explaining the details. The CFO, on the other hand, talks strategy with the audit partner and handles any big issues that pop up. Leave the daily grind to the Controller and trust your team.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

PYMNTS

APRIL 24, 2017

McGurk agreed, noting why the first lesson of information security — the first consideration before one gets to technology or process — is humility. You can’t get overconfident in information security,” he said. We have third parties and internal audits that are performed against various security processes each year.

Securities 46

Securities Compliance Concentration Auditing 46

Collectiv

JULY 17, 2023

President and CFO Brian Lewis was involved in an initiative to develop new audit automation software. While auditors are comfortable interpreting output in this layout, it doesn’t tell a compelling data story to stakeholders like audit committees, senior management, and outside parties.

Auditing 52

Auditing Communication Leverage Budgeting 52

The Charity CFO

MAY 11, 2023

Make sure that you find a partner in your service provider and ensure that your access and communication channels are clearly defined. Security Concerns The financial data of an organization is incredibly sensitive. Ensure that your provider has proper security measures in place and ask to see these in action before proceeding.

Nonprofit 52

Nonprofit Communication Auditing GAAP 52

CFO Talks

SEPTEMBER 12, 2024

Actionable Steps: Conduct an audit of your current cost structure and identify areas where fixed costs can be converted to variable costs (e.g., These relationships can offer leverage when it comes to renegotiating contracts, securing better payment terms, or accessing lines of credit.

Leverage 52

Leverage Forecasting Communication Economics 52

CFO News Room

DECEMBER 16, 2022

Job security is always a concern when choosing a career, but some fields are more recession-proof than others. 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.

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Finance Budgeting Compliance Financial Analyst 130

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. Transparency and Communication Accountants often work with sensitive financial data.

Nonprofit 52

Nonprofit Accounting Budgeting Communication 52

Future CFO

AUGUST 30, 2023

This has created a continued demand for tech skills on all levels, particularly in Business Transformation, Cyber Security and Data Analytics. Effective communication skills, strategic thinking and adaptability were seen as key to candidates looking to succeed in these roles. Data Analysts remain highly coveted for this reason.

Data Analysis 52

Data Analysis Auditing Communication Finance 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

KG Virtual CFO

OCTOBER 7, 2020

Neglecting to save receipts Although keeping them in a folder or box is still necessary in the case of an audit, most online and digital accounting programs like QuickBooks Online and Xero have accompanying apps that allow you to snap a picture of your receipt and associate them with the appropriate expense entry. We're here to help!

Communication 52

Communication CFO Auditing Budgeting 52

Future CFO

JUNE 26, 2023

The increased number of sophisticated attacks in the region gives real cause for concern, as seen in the case of the popular 3CX phone service application which was turned into a trojan as part of a supply attack, said Vivek Gullapalli, Chief Information Security Officer, APAC, Check Point Software Technologies. A new generation of users.

Leadership 52

Leadership Manufacturing Education Securities 52

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. Some firms may also simply wish to avoid the cost and distraction of conducting regular PCI audits.

Compliance 82

Compliance Securities Auditing Retail 82

PYMNTS

JANUARY 8, 2019

The goal of the process is to improve the safety and security of payments. The bank has offered permission for the process using all types of payment services and methods, including near-field communication (NFC), magnetic secure transmission (MST), in-app payment methods and cloud services.

Auditing 56

Auditing Securities Communication Banking 56

Future CFO

NOVEMBER 15, 2023

This includes establishing clear data entry standards, validation rules, and periodic data audits. Collaboration and Communication CFOs should invest in collaboration platforms that allow multiple stakeholders to work on spreadsheets simultaneously while maintaining data security and version control.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

CFO Talks

NOVEMBER 10, 2022

We are very intentional about being compliant and getting a clean audit’. My guest today is Shené Groep, she’s currently the Head of Finance of the City of Cape Town’s Directorate of Safety and Security and she’s been working for the metro since 2012 in various financial and managerial positions. Let’s take communication for example.

CFO 52

CFO Budgeting Communication Problem Solving 52

The Charity CFO

APRIL 18, 2024

These challenges include financial issues, data security compliance, and talent retention problems. Financial Sustainability For nonprofits, financial sustainability means the financial security to cover expenses and advance your mission. Implement staff and volunteer training on security best practices.

Nonprofit 52

Nonprofit Compliance CFO Leverage 52

Collectiv

SEPTEMBER 28, 2021

For example, the CoE takes ownership of defining role-level and report-level security standards, ensuring reports and dashboards are only visible to authorized users. The CoE also manages tools like Power BI Sentinel , which audits reports, supports disaster recovery, and offers governance support.

Communication 59

Communication Auditing Securities 59

Future CFO

AUGUST 21, 2023

Compliance and regulatory : Use classification models to analyse new regulations to understand new obligations or build audit plans by analysing the risk environment and operational metrics. Fraud and waste : Use Machine Learning (ML) to detect fraudulent patterns. To make generative AI reliable, it must be accurate, scalable, and adaptable.

Finance 98

Finance Compliance Data Analysis Leverage 98

PYMNTS

FEBRUARY 6, 2020

According to the release, “TRAFEC provides an authenticated, electronic channel of communication between commodity traders and their banks. TRAFEC also has a clear audit track, and approaches managing exchanges in a standardized way to make it easier to facilitate trade finance operations. . .

Auditing 52

Auditing Finance Communication Investments 52

The Charity CFO

MARCH 25, 2024

However, learning grant writing skills can help your organization secure new funding sources and earn more grants. If you apply for grants that don’t align with your mission, you’re unlikely to secure funds. Being open, honest, and transparent in your grant application can go a long way in securing funding.

Nonprofit 52

Nonprofit CFO Auditing Securities 52

PYMNTS

MARCH 27, 2019

If a developer’s app uses Twitter’s API to mention a user or call up a user’s tweets more than 100,000 times a day, Twitter will now audit the app to identify if there is prohibited behavior taking place. Meanwhile, telecommunications provider AT&T is launching its own API marketplace. Inside HSBC’s PSD2 Developer Portal.

B2B 49

B2B Communication Auditing Securities 49

PYMNTS

JUNE 27, 2017

Companies and investment funds are adding an extra layer of scrutiny to mergers and acquisitions by hiring cybersecurity experts to screen targets for security risks. hack affected about 500 million accounts, damaging the company’s reputation and leading Verizon Communications Inc. to cut its offer to buy the company by $350 million.

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Mergers and Acquisitions (M&A) Auditing Valuation Communication 43

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

PYMNTS

DECEMBER 11, 2020

The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities. India-based B2B eCommerce company SOLV secured an investment from SC Ventures , the companies announced this week, although they did not reveal the value of the funding. Modularbank. the company said.

B2B 77

B2B eCommerce Banking Healthcare 77

Planful

DECEMBER 16, 2015

The panelists included James Green, CEO of Magnetic; William Kraut, Lead Board Director and Audit Committee Chair for InTest; and Ellen McClain, CFO at Year Up. Risk management is also becoming a big focus for boards, especially IT and information security risk. Bad news needs to get communicated quickly to the CEO and the board.

CFO 40

CFO Auditing Communication Risk Management 40