The Finance Weekly

DECEMBER 1, 2024

Regulatory Compliance - Accurate records are essential for meeting legal and regulatory requirements, especially for publicly traded companies. This creates an audit trail and ensures transparency. Compliance - Stay informed about regulatory requirements to avoid costly mistakes. Make any necessary adjustments to your records.

Reconciliations 52

Reconciliations Accounting General Ledger Invoicing 52

E78 Partners

SEPTEMBER 27, 2024

Our recent achievement of SOC 2 compliance underscores our commitment to providing clients with the highest level of data security and privacy. This is why SOC 2 compliance is critical. Key Lessons from a SOC 2 Compliance Journey The path to SOC 2 compliance is both challenging and rewarding.

Compliance 59

Compliance Securities Leadership Prioritization 59

CFO Plans

OCTOBER 9, 2024

As businesses expand, especially within the financial services sector, the intricacies of tax compliance can become a formidable challenge. The stakes are high, with severe repercussions for non-compliance, but these challenges also present immense opportunities for optimization.

Compliance 52

Compliance Tax Planning CFO Concentration 52

E78 Partners

SEPTEMBER 27, 2024

Our recent achievement of SOC 2 compliance underscores our commitment to providing clients with the highest level of data security and privacy. This is why SOC 2 compliance is critical. Key Lessons from a SOC 2 Compliance Journey The path to SOC 2 compliance is both challenging and rewarding.

Compliance 52

Compliance Securities Leadership Prioritization 52

Nerd's Eye View

JUNE 28, 2024

Also in industry news this week: How the SEC could target dually registered firms for enforcement of their duties to care for and manage conflicts of interest under Regulation Best Interest and the Investment Advisers Act to send a message to the industry and to clarify its expectations for these "dual-hatted" firms and their advisors Why a shift in (..)

Concentration 75

Concentration Prioritization Auditing Compliance 75

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. Prioritizing family, she made the unexpected decision to leave the city and relocate to the countryside, where her son could be raised near his grandparents. Read More But life had other plans.

Leadership 98

Leadership CFO Auditing Compliance 98

PYMNTS

OCTOBER 25, 2019

Treasury Inspector General for Tax Administration is calling into question the Internal Revenue Service’s corporate auditing performance. But according to the report, the IRS rarely uses this new method and is not examining past audits in order to more efficiently prioritize which cases to more closely examine, Bloomberg said.

Auditing 40

Auditing Treasury Compliance Prioritization 40

Bramasol

OCTOBER 2, 2024

Prioritizing education and skills development is necessary to remain resilient in a rapidly changing world and help bridge the digital divide in under-resourced communities. These include carbon taxes and ETF trading schemes, emphasizing the urgency to meet data and compliance standards.

SAP 81

SAP Prioritization Education Compliance 81

CFO Talks

NOVEMBER 11, 2024

Once I have a clear picture, I prioritize the challenges based on their impact and urgency. Newly qualified accountants should familiarize themselves with risk assessment frameworks and compliance regulations. Prioritize Tasks: Use tools like to-do lists or digital planners to prioritize tasks based on urgency and importance.

CFO 52

CFO Leadership Problem Solving Communication 52

Future CFO

MAY 31, 2023

These allow us to be able to provide the types of financial reporting services ranging from general ledger, accounting, reporting, audit and compliances. Of the many technologies being introduced – AI, data analytics, automation, etc – which do you see are the ones finance will prioritize in the short-term, mid-term and long-term?

Finance 98

Finance General Ledger Prioritization Auditing 98

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

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. ” Speed and regulation rarely go hand-in-hand.

Banking 75

Banking Compliance Prioritization Auditing 75

Global Finance

JUNE 14, 2024

Banks are now prioritizing four key areas: liquidity management with a balanced portfolio view including commercial real estate (CRE), enterprise protection with anti-fraud and cybersecurity, operational resiliency and sustainability with climate risk and green products. AI offers capabilities to assess credit, market, and operational risks.

Leverage 93

Leverage Risk Management Concentration Compliance 93

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. Data Security and Privacy: Both the CFO and the accounting firm should prioritize data security and privacy.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

CFO News

MAY 29, 2024

The RBI has ramped up supervision to curb systemic risks and ensure compliance. Swaminathan urged ARC boards to prioritize assurance functions like risk management and internal audit to identify and mitigate risks effectively. RBI Deputy Governor Swaminathan J.

Prioritization 40

Prioritization Auditing Risk Management Compliance 40

CFO Plans

MAY 2, 2024

Evaluating Security and Compliance When it comes to financial data, security and compliance are non-negotiable. Your accounting partner should have robust measures in place to protect your sensitive information, including encrypted data storage, secure communication channels, and regular security audits.

Accounting 52

Accounting Problem Solving Communication Compliance 52

CFO Leadership

OCTOBER 10, 2023

Many have since advanced to intelligent process automation (IPA) — RPA amplified with artificial intelligence (AI) — to streamline and improve more complex work, from tax and compliance reporting to financial statement reconciliation. 1] Robert Half and Protiviti are members of the Microsoft AI Cloud Partner Program.

Financial Planning and Analysis (FP&A) 115

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

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

E78 Partners

MAY 8, 2024

Incident Management: ServiceNow ITSM includes robust incident management capabilities for logging, categorizing, prioritizing, and resolving IT issues and service disruptions efficiently. It provides dashboards and reports for tracking SLA compliance and performance metrics.

Leverage 52

Leverage Compliance Auditing Invoicing 52

Spreadym

JULY 6, 2023

It includes analyzing the likelihood and impact of various risks and prioritizing them based on their severity. By assessing the potential consequences of disruptions to these key elements, organizations can prioritize their recovery efforts and allocate resources accordingly.

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. Stay Informed About Regulatory Changes Regulatory compliance is a key aspect of risk management. Stay informed about changes in regulations that could impact on your business and ensure that your compliance programs are up to date.

Risk Management 52

Risk Management CFO Compliance Communication 52

PYMNTS

AUGUST 14, 2018

No, not just in homeownership, but in business, too – and especially when it comes to upstart FinTech firms grappling with an ever-onerous compliance landscape. In the world of transaction monitoring for compliance, the spreadsheet becomes the all in all: a ledger, analytics, tracking, case management and auditing tool.

Compliance 40

Compliance Auditing Risk Analysis Prioritization 40

Michigan CFO

SEPTEMBER 29, 2021

For businesses that must adhere to specific data security compliance standards, going digital can help simplify the process with the help of a CFO to ensure accuracy. However, if your CFO possesses deep manufacturing experience, then you can better prioritize investments that provide tangible business benefits.

Manufacturing 52

Manufacturing CFO Compliance Forecasting 52

CFO Talks

MARCH 14, 2024

No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making. Prioritizing Tasks and Responsibilities In the face of the CFO role’s expansion, effective task prioritization becomes paramount.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

The Charity CFO

MARCH 2, 2022

You used to audit nonprofit organizations back in the day, similar to me, but while I was the CFO of a nonprofit, you were my auditor. Um, so that we can ensure we get through audits and then just kind of balancing all of those things together. And comparing things to the audit is always the first step that I take.

Nonprofit 98

Nonprofit Auditing Reconciliations Accounting 98

The Charity CFO

JULY 31, 2023

It is essential to ensure that all directors and stakeholders thoroughly understand the policy’s provisions, their responsibilities, and the possible consequences of non-compliance. How Does the Board Come into Play? The board of directors plays a crucial role in managing conflicts of interest within a nonprofit organization.

Nonprofit 52

Nonprofit Prioritization Compliance Accounting 52

The Finance Weekly

JUNE 5, 2024

8) Security Top-tier security and compliance measures, including BYOK, role-based access control, user management, SSO support, and data encryption at rest. This makes it easier to find new growth areas and prioritize market strategies. It also has great auditability, tracking all edits from both the front and back ends.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Forecasting Auditing Microsoft Office 52

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. Compliance Like traditional accounting positions, nonprofit accountants have to ensure compliance with tax laws and regulations. Audits Nonprofits are not exempt from audits.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

The Finance Weekly

JULY 19, 2022

Ensuring that the company's accounts and finances are audit-ready at closing. Specific capabilities include financial planning and analysis, integrated business planning, financial reporting, regulatory compliance reporting, and financial close management. Proactive budgeting with an expert understanding of company finances.

Financial Planning and Analysis (FP&A) 96

Financial Planning and Analysis (FP&A) Forecasting Budgeting Planning 96

CFO Talks

FEBRUARY 10, 2023

SARS has already announced its Vision 2024 embracing technology specifically artificial intelligence, to ease the burden of detecting non-compliance amongst taxpayers. If caught, the taxpayer will face a dual audit with the active participation of both SARS and the revenue overseas authority where the assets are situated.

Budgeting 52

Budgeting Profit and Loss Forecasting Economics 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

Collectiv

FEBRUARY 2, 2022

By prioritizing adoption and the employee experience, Power BI helps enterprise teams optimize operations, increase profits, and see incremental ROI year after year. Neglecting adoption as part of your implementation plan makes it difficult to integrate Power BI use into the company culture and realize the company’s initial investment.

Education 52

Education Benchmarking Data Analysis Prioritization 52

BlueLight

AUGUST 21, 2020

I expanded our service offering to include outsourced finance, accounting, HR and compliance. Compliance ?—?We Staggering cost cuts is an approach that allows you to prioritize what and when you will cut based on different scenarios playing out. Ultimately, doing a spend audit is a particularly good exercise for any startup.

Planning 52

Planning Startups Marketing CFO 52

Barry Ritholtz

NOVEMBER 14, 2023

There are a few people in the world who are more knowledgeable about the management of asset managers and what it’s like to actually run a global organization and interact with lots of aspects of the business of finance, whether that’s acquisitions or compliance, or dealing with all the legalities of multi-jurisdictional regulations.

Math 52

Math Investments Leadership Entertainment 52

Bramasol

JULY 22, 2023

Global ESG Regulatory Requirements One of the major ESG compliance developments to watch is the US Securities and Exchange Commission (SEC) proposed regulation on Climate-Related Disclosures and ESG Investing.

IFRS 81

IFRS Accounting SAP Compliance 81

Planful

OCTOBER 19, 2021

How well are we meeting our compliance requirements? With our cloud-based FP&A platform, Planful has native data access controls such as role-based security and workflows, audit logs and trails, and point-and-click security setup. CFOs are in the ideal position to lead ESG efforts through standardized, audited ESG reporting.

Financial Planning and Analysis (FP&A) 40

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

CFO Talks

OCTOBER 1, 2024

They need to determine how to capitalize intangible assets and ensure compliance with local and international accounting standards (e.g., Regulatory and Compliance Considerations: CFOs must navigate regulatory landscapes and ensure compliance with laws such as South Africa’s POPI Act. IFRS, US GAAP).

Leverage 52

Leverage Investments Economics Accounting 52