This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
As a CFO your influence extends beyond financialreports and budgets. How to Handle It: Stand firm on ethical accounting practices and remind decision-makers of the long-term implications of financial misrepresentation. Propose additional governance measures, such as third-party audits, to demonstrate transparency.
This opportunity allowed me to audit clients like the South African Revenue Service and South African Tourism, as well as manage accounts for Mastercard South Africa. When you’re young, focus on deeply understanding the core accounting principles, financialreporting, and regulatory compliance.
Transportation costs. Depreciation and amortization reported for tax purposes in excess of that reported in financialreports. IRS guidance ultimately defers to how you keep your financialreports so long as those reports follow GAAP. According to IRS memorandum no. Interest expense.
It makes any query and audit way easier than before. I am now able to improve financialreporting and be innovative with bringing the business numbers to life so business owners can make better decisions. The idea of “real-time accounting” seemed unreal to me! All of this is then saved securely on the cloud.
We’re referring to transport, of course – and tourism , sporting events and one-off gatherings that are now shuttering. Those mounting costs could make it challenging to meet ongoing operating goals, in a ripple effect that may extend well beyond supply chains , dependent as they are on people gathering together.
We don’t know what do we need to do to make sure we pass our next audit? So, you mentioned earlier the SEC, and I think I brought up audits, pre-pandemic, the rule of thumb was, hey, expect an audit every three years, and then the pandemic happened, and for three years, you know, everybody was sort of frozen.
We organize all of the trending information in your field so you don't have to. Join 39,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content