Future CFO

NOVEMBER 28, 2023

A finance leader must be able to fully understand the trends in sustainability and the challenges associated with climate change, incorporating such practices in the organisation's overall audit process. This includes disclosing climate risks in the company’s financial statements and other public disclosures.

Auditing 52

Auditing Financial Reporting Finance Leverage 52

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

JULY 16, 2024

In contrast, a CFO is a more strategic financial professional, focusing on long-term planning, investor relations, and overarching financial strategy. Purpose of the Role The controller ensures financial reporting compliance and accuracy while preventing and detecting fraud.

Financial Planning and Analysis (FP&A) 98

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

The Charity CFO

NOVEMBER 30, 2023

Does the idea of an audit from the IRS leave you with sweaty palms? Most nonprofit leaders aren’t accountants and the thought of getting audited is a sizable fear. Luckily, being prepared can help you avoid accounting mistakes that could come up in a nonprofit audit. Do You Struggle to Make Sense of Your Financial Statements?

Nonprofit 52

Nonprofit Auditing Compliance Education 52

Spreadym

AUGUST 10, 2023

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have. What is financial reporting software?

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) Accounting Standards CFO 52

The Finance Weekly

DECEMBER 1, 2024

This process isn’t just about catching mistakes; it’s also a critical tool for ensuring the integrity of your financial reporting. This creates an audit trail and ensures transparency. Step 7 - Report Findings Share your reconciliation results with relevant stakeholders and save the documentation for future reference.

Reconciliations 52

Reconciliations Accounting General Ledger Invoicing 52

CFO Plans

APRIL 14, 2025

CFO Tax Recovery Strategies: Your Financial Lifeline Implementing robust tax recovery strategies is essential for a swift return to stability. Consider conducting a thorough financial audit to pinpoint areas for improvement. Learn the importance of Emergency Financial Reporting to stay informed.

52

52

CFO Talks

NOVEMBER 21, 2024

My goal is to leverage my experience and skills in finance and strategic management to drive growth, operational efficiency, and long-term success for an organization. First and foremost is financial acumen—understanding financial reporting, budgeting, forecasting, and compliance is foundational.

CFO 98

CFO Leadership Communication Problem Solving 98

PYMNTS

JUNE 11, 2020

. “[Corporates] are not only looking at compliance, but how to forecast the cost of [the] coronavirus, how to deal with the different impacts on audits, what needs to be audited, and what will be the impact of financial reporting that a corporation needs to put out,” noted Hampton. ”

Economics 77

Economics Accounting Auditing Forecasting 77

PYMNTS

APRIL 15, 2019

Users will see a detailed overview of each item, like description, price and tax info, which will help companies track expenses and streamline auditing of expense reports. Our collaboration with Amazon Business streamlines financial reporting and cuts down on time spent reconciling transactions against statements.

Auditing 70

Auditing B2B Leverage Banking 70

CFO Talks

SEPTEMBER 26, 2024

These include tax laws, financial reporting standards, labor laws, industry-specific regulations, and corporate governance codes. Complex Reporting Standards: Adhering to both International Financial Reporting Standards (IFRS) and local regulations can complicate financial reporting.

IFRS 52

IFRS Compliance Auditing Financial Reporting 52

The Charity CFO

APRIL 28, 2023

This system should then be able to support your organization in maintaining accurate records of each fund, tracking revenue and expenses, and preparing financial reports that show how each fund is performing. Accounting firms that specialize in nonprofits can help your organization with financial management and reporting.

Nonprofit 52

Nonprofit Accounting Firms Accounting Auditing 52

CFO Talks

OCTOBER 15, 2024

Start by leveraging data from your accounting systems and working with your finance team to create simple forecasting models. Implement analytics tools that monitor your financial transactions in real-time and alert you to any outliers. Regularly review these reports with your internal audit or risk teams.

Risk Management 95

Risk Management Compliance Forecasting Credit Risk 95

Future CFO

MARCH 27, 2025

Many CFOs are now leveraging AI-powered spend analytics to detect cost inefficiencies and identify savings opportunities across procurement, logistics, and operational expenditures." Joseph points out that AI doesn't just crunch numbers, but rather it actively helps finance leaders see around corners.

Compliance 52

Compliance Financial Planning and Analysis (FP&A) Forecasting Financial Analysis 52

Future CFO

AUGUST 22, 2024

AI adoption is still gathering pace and will impact how accountants carry out financial reporting, auditing and analysis – accelerating the need for a new set of data-centric skills and tools.

Finance 52

Finance Auditing Accounting Risk Management 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. Get the free guide!

Nonprofit 52

Nonprofit Auditing Prioritization CFO 52

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting.

Financial Planning and Analysis (FP&A) 115

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

CFO Plans

JULY 5, 2024

Manufacturing companies face unique challenges that necessitate precise and efficient financial management. As we move further into 2024, leveraging SaaS-based accounting software has become not just a trend but a necessity for manufacturing firms aiming to streamline their operations and enhance financial accuracy.

Manufacturing 52

Manufacturing Accounting CFO Leverage 52

Future CFO

FEBRUARY 11, 2024

62% of executives strongly agree their companies apply the same diligence to ESG reporting as they do to financial reporting. Our Board committee charters include responsibilities related to ESG oversight as applicable to each of our Audit, Compensation, and Nominating and Governance committees.

Net Present Value (NPV) 98

Net Present Value (NPV) CFO Compliance Economics 98

Boston Startup CFO

APRIL 12, 2024

409A / Valuations Leveraging our expertise and industry knowledge, we will conduct thorough assessments to determine the fair market value of your company, ensuring compliance with regulations and helping you make informed decisions related to stock options, equity compensation, and financial reporting.

Corporate Finance 40

Corporate Finance Finance Auditing Compliance 40

CFO Plans

SEPTEMBER 24, 2024

In today’s dynamic business environment, small businesses face a myriad of financial challenges. The need for strategic financial planning and real-time financial reporting has never been more critical. According to a recent survey, 82% of businesses that fail do so because of cash flow problems.

CFO 52

CFO Startups Tax Planning Accounting 52

Bramasol

MARCH 24, 2022

Certain climate-related financial statement metrics and related disclosures in a note to its audited financial statements; and ? From a global perspective, the International Sustainability Standards Board (ISSB) is also working on developing uniform financial reporting rules.

Accounting 76

Accounting SAP Analyzing Data IFRS 76

Bramasol

JULY 26, 2024

As shown below, everything that is needed can be combined within a unified architecture that leverages the inherent scalability of S/4HANA Public Cloud and SAP Business Technology Platform (BTP). GAAP, IFRS) for various countries and ensuring accuracy in financial reporting can add significant complexity and time to the close process.

SAP 80

SAP IFRS GAAP Compliance 80

Fpanda Club

SEPTEMBER 2, 2021

The growing variety and complexity of tasks within the finance function has resulted in the creation of a discipline that is supposed to become a bridge between the finance and business to support decision-making process by leveraging data and technology. This relates to FP&A which stands for financial planning and analysis.

Financial Planning and Analysis (FP&A) 130

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

Bramasol

JULY 22, 2023

The CSRD is intended to revamp and expand information that was already required to be reported since 2017 under the EU’s existing Non-Financial Reporting Directive (NFRD). Leveraging Regulatory Compliance - by attracting investment from funds and individuals who view ESG as a core value and by avoiding fines and sanctions.

IFRS 82

IFRS Accounting SAP Compliance 82

CFO Share

DECEMBER 13, 2023

Opportunities missed from late financial reporting. Leverage technology. CFOshare’s team approach includes supervision and internal audits to reduce fraud risk. The true cost of in-house bookkeeping isn’t just monetary—it’s the missed opportunities and the time lost. Stress and uncertainty due to unreliable data.

Auditing 52

Auditing Communication Leverage Accounting 52

Planful

MAY 27, 2015

Here’s some of the key points that panelists highlighted: Governance : Adopt public company standards – regular board meetings, financial reporting, auditing. How to drive operations improvements: Focus and leverage the “catalyst” in the business, focus on driving growth.

CFO 40

CFO Auditing Data Analysis Forecasting 40

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., Leverage Technology and Data Analytics Data-driven decision-making is key to navigating financial uncertainty with confidence.

Leverage 52

Leverage Forecasting Communication Economics 52

CFO Talks

MARCH 14, 2024

The position of Chief Financial Officer has evolved significantly over the past few decades. 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.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

Future CFO

FEBRUARY 22, 2024

Additionally, CFOs are now required to oversee compliance beyond traditional financial reporting, which extends to new areas such as ESG," Chee adds. AI-Powered Insights : The new EPM needs to leverage the power of embedded AI for predictive analytics and proactive decision-making.

Financial Planning and Analysis (FP&A) 97

Financial Planning and Analysis (FP&A) Finance Compliance SAP 97

PYMNTS

JUNE 12, 2019

At the same time, Goodwill can manage item listings, product images, shipping, financial reporting, auditing and order management. Employees of Goodwill will be able to track inventory and provide real-time insights into the flow of finances, data and products through one interface.

eCommerce 58

eCommerce Prioritization Auditing Sales 58

E78 Partners

NOVEMBER 11, 2024

Preparing for an IPO or Major Fundraising: If your company is preparing to go public or raise capital, an interim CFO can help with compliance, financial reporting, and investor relations. By leveraging these services, organizations can navigate complex financial landscapes effectively and position themselves for long-term success.

Leadership 52

Leadership CFO Restructuring Strategic Planning 52

E78 Partners

NOVEMBER 11, 2024

Preparing for an IPO or Major Fundraising: If your company is preparing to go public or raise capital, an interim CFO can help with compliance, financial reporting, and investor relations. By leveraging these services, organizations can navigate complex financial landscapes effectively and position themselves for long-term success.

Leadership 52

Leadership CFO Restructuring Strategic Planning 52

Future CFO

MAY 2, 2024

The third annual 2024 ESG Practitioner Survey polled more than 2,000 people involved in corporate reporting, including finance and accounting, sustainability, risk, and internal audit professionals across North America, Europe, and Asia. “The

Compliance 52

Compliance Auditing Budgeting Leverage 52

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. When compared to Planful , the differentiation becomes clearer.

Financial Planning and Analysis (FP&A) 52

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

Spreadym

SEPTEMBER 27, 2023

Spreadym Spreadym is a corporate performance management (CPM) software designed to optimize various facets of performance management within a company, including planning, budgeting, forecasting, and financial reporting.

SAP 59

SAP Budgeting Forecasting Auditing 59

Future CFO

JUNE 3, 2024

"By adopting advanced solutions and embracing proactive data management strategies, CFOs can ensure compliance, transparency, and success in this evolving era of reporting." Wood notes that Workiva leverages a suite of security measures, including internal tools and external tests, to maintain a secure environment.

Finance 40

Finance Compliance Auditing Leverage 40