CFO Share

AUGUST 5, 2021

Your strategic business forecasting must include proper considerations for section 280E – this is essential to planning cash flow and avoiding catastrophic tax bills at year-end. Hence you need good cannabis accounting to defend yourself in audit. How do I forecast for the 280E tax code? What is IRS section 280E?

Forecasting 96

Forecasting GAAP Profit and Loss Accounting Principles 96

Future CFO

FEBRUARY 14, 2025

He concedes that AI has significantly transformed finance teams by automating processes, improving forecasting, and enhancing risk management, but he notes that its effectiveness depends on access to up-to-date data. Regular skills audits can help finance leaders understand where gaps exist," he says.

Cash Flow Forecasting 78

Cash Flow Forecasting Compliance Leverage Reconciliations 78

Centage

OCTOBER 3, 2022

This accessible program can accomplish various tasks, such as financial forecasting and budgeting. If your business has used Excel for financial forecasting, you may have found some challenges with the program. However, there can be some disadvantages to using Excel for your company’s financial forecasting.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

Future CFO

JUNE 27, 2024

Finance leaders are now seeing generative artificial intelligence to have the most immediate impact on explaining forecast amd budget variances, according to Gartner, Inc. Finally, CFOs should audit critical data with respective owners before implementation, to decide what modifications must be implemented for use by a GenAI model.

Forecasting 75

Forecasting Budgeting Finance Auditing 75

CFO Thought Leader

APRIL 9, 2025

Tony Jarjoura, now CFO of Gigamon, found himself surrounded by audit committee members as a dense, highly technical tax strategy unraveled before them. So being able to forecast accuratelyand then measure against that forecastis absolutely critical.

CFO 59

CFO Finance Auditing Forecasting 59

CFO Talks

MARCH 13, 2025

Now, picture the opposite: instant access to real-time financial insights, automated compliance checks, and AI-driven forecasts guiding your next move. Predictive analytics can also help companies forecast future trends, allowing them to prepare for risks and opportunities ahead of time.

Financial Reporting 52

Financial Reporting IFRS Compliance Problem Solving 52

Future CFO

JUNE 24, 2024

The budget and forecast should reflect the Company’s plans, visions, expectations and educated guesses on the market trends. For finance leaders, Gen AI can help in cash flow projections, impact analysis for tax strategies, forecast outcomes for mergers and acquisitions and even various scenarios of capital planning.

Auditing 111

Auditing Financial Analysis Forecasting Reconciliations 111

E78 Partners

NOVEMBER 12, 2024

Preparing for a financial audit can be a daunting task, especially for private equity-backed firms where accuracy and efficiency are paramount. This article provides a deeper look at the steps CFOs can take to create a seamless, streamlined audit experience.

Auditing 52

Auditing Financial Planning and Analysis (FP&A) GAAP Compliance 52

E78 Partners

NOVEMBER 12, 2024

Preparing for a financial audit can be a daunting task, especially for private equity-backed firms where accuracy and efficiency are paramount. This article provides a deeper look at the steps CFOs can take to create a seamless, streamlined audit experience.

Auditing 52

Auditing Financial Planning and Analysis (FP&A) GAAP Compliance 52

E78 Partners

NOVEMBER 19, 2024

Audit season presents a set of unique challenges for private equity-backed companies, particularly those that must balance the expectations of investors with the demands of compliance. Ensure that impairment analyses are completed according to audit priorities, with asset groupings and forecast data that align with GAAP standards.

Auditing 52

Auditing GAAP Restructuring Compliance 52

E78 Partners

NOVEMBER 19, 2024

Audit season presents a set of unique challenges for private equity-backed companies, particularly those that must balance the expectations of investors with the demands of compliance. Ensure that impairment analyses are completed according to audit priorities, with asset groupings and forecast data that align with GAAP standards.

Auditing 52

Auditing GAAP Restructuring Compliance 52

E78 Partners

NOVEMBER 22, 2024

Inadequate Budgeting and Forecasting Another common pitfall is inadequate budgeting and forecasting. Regularly performing audits on technology investments can help pinpoint genuinely advantageous tools and those that may not be worth the cost.

Technology 59

Technology Budgeting Forecasting Investments 59

Generation CFO

FEBRUARY 4, 2022

Josh, former auditor at the National Audit Office and former management finance professional at environmental leadership group C40, is big on change – but not the sudden, dramatic kind. . We’ve successfully implemented a new reporting, budgeting & forecasting tool and are now looking at the next systems change.” .

Financial Systems 233

Financial Systems Finance Auditing Accounting 233

Centage

NOVEMBER 21, 2023

Having a solid grip on your cash flow forecast and reporting is one of the most important factors for any business to track. For many businesses, having an accurate cash flow forecast can help to avoid potential cash flow problems, predict end of year profits (or debt), and set realistic goals for the upcoming quarters and year.

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Budgeting Sales 52

CFO Talks

NOVEMBER 21, 2024

First and foremost is financial acumen—understanding financial reporting, budgeting, forecasting, and compliance is foundational. It would combine the best aspects of financial forecasting and strategic planning, helping companies stay ahead in a constantly evolving landscape.

CFO 98

CFO Leadership Communication Problem Solving 98

CFO Thought Leader

DECEMBER 10, 2024

Precision involves rigorous financial processesclean audits, timely closes, and granular understanding of key metrics. Predictability means setting realistic forecasts, tightening pipeline management, and increasing confidence in decision-making.

CFO 52

CFO Leadership Prioritization Auditing 52

CFO Talks

MARCH 25, 2025

Think of automated exception reports, audit trails, or simple dashboards that flag mismatches between systems. And in a world where compliance failures, bad calls, and poor forecasting can cost you your job, it gives you cover and confidence. No more random updates to customer accounts or GL codes. It makes your reports more credible.

CFO 52

CFO Reconciliations Finance Auditing 52

Centage

SEPTEMBER 6, 2022

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. Excel does not have audit trail capabilities, so it is difficult to prevent fraud as numbers, and other financial data can easily be changed by any user.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

CFO Share

JULY 16, 2024

Strategic Planning and Forecasting CFOs create long-term financial plans and forecasts. They regularly audit processes to maintain the integrity of financial operations. For small businesses employing a fractional CFO , understanding the core responsibilities of a CFO can help leverage their expertise effectively.

Financial Planning and Analysis (FP&A) 98

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

CFO Talks

APRIL 9, 2025

Its what threatens your forecasts, shakes investor confidence, and puts your reputation on the line. A failed audit. The Real Meaning of Risk for CFOs Too often, risk is described in abstract or technical termsterms that mean very little when youre trying to meet payroll, manage cash flow, and keep the auditors happy. A tax penalty.

CFO 52

CFO Leadership Communication Risk Management 52

CFO Leadership

OCTOBER 10, 2023

AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. As AI permeates finance, questions about its compliance with audits and financial governance will arise. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

Accounting 95

Accounting Finance Auditing IFRS 95

CFO News Room

DECEMBER 24, 2022

We have found that performing a customer-base audit is a fundamental catalyst for change. What is a Customer-Base Audit? A customer-base audit is a systematic review of the buying behavior of a firm’s customers using data captured by its transaction systems. We are interested in understanding their actual buying behavior.

Profit and Loss 130

Profit and Loss Auditing Planning Sales 130

CFO News Room

DECEMBER 16, 2022

Adobe maintained its forecast for the new fiscal year, while announcing a plan to buy hot startup Figma in the quarter. gained access to necessary audit documents. Darden Restaurants — Darden Restaurants dropped 4% despite delivering an earnings and revenue beat for its fiscal 2023 second quarter. exchanges rose Friday.

Technology 130

Technology Auditing Advertising Forecasting 130

PYMNTS

JUNE 11, 2020

In the near term, corporates are looking to mitigate the negative impacts stemming from the global pandemic; in the longer-term, they’re seeking reliable forecasts to plan for a future in a market in which certainty remains painfully low. “All of this has come into play in the last couple of months.”

Economics 77

Economics Accounting Auditing Forecasting 77

CFO Talks

JANUARY 29, 2025

These roles allowed her to spearhead key financial initiatives, such as implementing an Oracle asset management module, which revolutionized asset management for the organization and streamlined audits. An area that had been a head for the organization for a very long time resulting in delayed audits.

CFO 52

CFO Auditing Leadership Finance 52

Centage

OCTOBER 3, 2022

This accessible program can accomplish various tasks, such as financial forecasting and budgeting. If your business has used Excel for financial forecasting, you may have found some challenges with the program. Why Businesses Use Spreadsheets for Financial Forecasting. Disadvantages of Excel for Financial Forecasting.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52

Fpanda Club

SEPTEMBER 2, 2021

The list of typical FP&A activities usually includes planning, budgeting, forecasting, analysis, management reporting and performance management. Forecasting is the practice of making regular predictions about the company’s expected future results based on the past and present data as well as on the anticipated future events.

Financial Planning and Analysis (FP&A) 130

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

Future CFO

FEBRUARY 2, 2025

Moreover, Cheah says predictive analytics uses historical data and Machine Learning (ML) to forecast cash flow, identify trends in payment delays , and predict future spending patterns. It's also essential to have a comprehensive audit trail for all AI decisions to ensure transparency and accountability," Cheah adds.

Accounts Payable 52

Accounts Payable Accounting Invoicing CFO 52

CFO Talks

NOVEMBER 11, 2024

The challenge of financial forecasts based on quantitative data was both stimulating and rewarding. This includes proficiency in budgeting, forecasting, and financial modelling to make informed strategic decisions. I found great satisfaction in deciphering financial statements and understanding market trends.

CFO 52

CFO Leadership Problem Solving Communication 52

CFO Talks

OCTOBER 15, 2024

Financial Risk Forecasting Predictive models can analyse your company’s financial data—such as revenue patterns, cash flow, and expenses—to identify potential financial risks. Start by leveraging data from your accounting systems and working with your finance team to create simple forecasting models.

Risk Management 95

Risk Management Compliance Forecasting Credit Risk 95

Future CFO

MAY 31, 2023

S&P forecasts that Asia-Pacific will achieve real growth of 3.5% These allow us to be able to provide the types of financial reporting services ranging from general ledger, accounting, reporting, audit and compliances. in 2023 while Europe and the U.S. will likely face recession.

Finance 98

Finance General Ledger Prioritization Auditing 98

Simply Treasury

JUNE 15, 2020

We are asked to do a kind of introspection, to do "mini audits" of the treasury (third parties can help) and how to generate value for the rest of the company. Dedicated tools for FX hedging, forecasting and WorkCap mgt. The list is too long to be disclosed. Embracing a new reality. I am convinced that Open Banking, A.I.

Treasury 130

Treasury Cash Flow Forecasting Forecasting Auditing 130

PYMNTS

JANUARY 20, 2021

Manual invoicing is your worst enemy,” said Ramachandran, highlighting its risks and challenges related to fraud, errors and inefficient auditing. Among the largest is the ongoing use of paper and manual workflows like invoice processing.

B2B 125

B2B Invoicing Prioritization Corporate Finance 125

PYMNTS

DECEMBER 28, 2020

In a worst-case scenario forecast, according to commercial real estate firm CBRE, the take will be much lower at about $70.5 One of the things we do with new clients is conduct a returns audit for them,” Vitarello said. It’s basically an audit of their customer journey and it usually stops at the sale.

Retail 86

Retail eCommerce Auditing Forecasting 86

VCFO

JANUARY 18, 2024

Another important element of dialogue can come via audits. While some may shudder at the thought of audits, an audit team can actually be a helpful sounding board for business decisions related to deferred revenue. Audits can discover previously unseen issues and instill confidence in the company’s strategy.

Auditing 79

Auditing Leadership Construction Invoicing 79

The Finance Weekly

JULY 19, 2022

FP&A software assists CFOs, finance leaders, and FP&A experts in ensuring the financial health of their organization by tracking and analyzing current outcomes and forecasting future performance. It’s the budgeting, financial forecasting, financial analysis, and decision-making that support an organization's health and strategy.

Financial Planning and Analysis (FP&A) 96

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

The CFO College

AUGUST 31, 2021

Using a rolling cash forecast is a value-add service you can provide to assist in cash forecasting. A rolling cash forecast will normally look forward 6 or 9 months, and each month the oldest month is removed and a new month added. The rolling cash forecast is one of many CFO-level skills we teach in our program.

Startups 81

Startups Accounting General Ledger Forecasting 81