Future CFO

NOVEMBER 28, 2023

Good audit equates to less time wasted, as some leaders recount that 'time is money'. Moreover, results from the audit process should be released in a timely manner. Auditing with agility also brings in greater efficiency and better alignment between the audit work and the organisation's value.

Auditing 52

Auditing Leverage Marketing Compliance 52

Future CFO

AUGUST 5, 2024

A new study from the Chinese University of Hong Kong (CUHK) Business School found that the smart contract audit market is thriving, with new technical audit firms leading this. The research provides valuable insights into the factors driving the growth of this market and the role of audits in mitigating risks for investors.

Auditing 52

Auditing Marketing Education Finance 52

Future CFO

SEPTEMBER 1, 2021

Audit functions that fail to adapt well to hybrid auditing risk a loss of effectiveness and influence at a time when real-time assurance has never been more vital to the wider organisation, said Gartner recently. Below are some of the best practices.

Auditing 52

Auditing Communication Construction Technology 52

The Charity CFO

MARCH 13, 2025

This ensures accountability and makes audits or donor inquiries easier to manage. Pro Tip: Leverage expense approval tools to ensure all vendor invoices and credit card transactions are reviewed and approved at the appropriate levels. It allows for individual spending cards, built-in approvals, and easy receipt tracking.

Nonprofit 52

Nonprofit Auditing Compliance Leadership 52

E78 Partners

DECEMBER 5, 2024

Proven Process for Financial Success Technology Expense Management teams that are collaborative and account for overall IT strategy deliver measurable results through three structured phases: Inventory Validation & Historical Audit: Accurate inventory management, carrier dispute resolution, and establishing a utilization baseline.

Budgeting 52

Budgeting Benchmarking Auditing Cost Management 52

PYMNTS

AUGUST 19, 2019

Firms auditing expenses through manual processes and outdated technologies risk missing the chance to flag erroneous or fraudulent submissions from vendors and employees. Deploying technology — especially artificial intelligence (AI) — can streamline the auditing process and boost cost savings significantly.

Auditing 56

Auditing Accounts Payable Invoicing Healthcare 56

Future CFO

NOVEMBER 7, 2023

In today's fast-paced world, creating an effective audit procedure is critical for companies to remain competitive and adhere to evolving regulations. Through this, companies can be certain their audits are completed accurately and quickly.

Auditing 52

Auditing Finance Compliance Construction 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

E78 Partners

SEPTEMBER 28, 2023

Leveraging Interim Solutions Interim solutions emerge as a strategic response to this talent shortage, particularly during the critical period of budgeting and planning and year-end season. Organizations can allocate funds more strategically, leveraging interim support when and where it’s needed most.

Auditing 59

Auditing Budgeting Marketing Leverage 59

Future CFO

OCTOBER 25, 2023

With the rampant incidents of frauds and scams related to finance, machine learning can be leveraged to detect and prevent financial fraud, allowing a company or an organisation to respond in real-time. The post Leveraging machine learning to detect financial fraud appeared first on FutureCFO.

Leverage 52

Leverage Auditing Finance Financial Data 52

Future CFO

AUGUST 10, 2021

The growing audit control gaps can result in higher organisational risk, said Gartner recently when releasing results of its survey of 200 audit business partners in February. For audit leaders, the real problem is not the change itself,” said Ian Beale vice president, advisory at Gartner. Survey highlights. Survey highlights.

Auditing 52

Auditing Leverage Planning 52

E78 Partners

NOVEMBER 15, 2024

The following strategies can help organizations optimize their operations and achieve better outcomes: Conduct Regular Process Audits: Assess current workflows and processes to identify inefficiencies and areas for improvement. Our expertise extends to M&A integration , which is commonly referred to as post-merger integration or PMI.

Investments 52

Investments Prioritization Strategic Planning Leverage 52

Future CFO

MAY 15, 2024

They are standardising KPIs to better compare ESG performance across different organisations, leveraging technology for complex operations and supply chain visibility, and actively engaging with regulators and governments to optimise reporting practices,” she continues.

Finance 98

Finance Auditing Compliance Leverage 98

CFO Talks

MARCH 13, 2025

Whether you’re a finance professional, business owner, or decision-maker, understanding how to leverage FIS can mean the difference between reactive problem-solving and proactive success. These systems automatically flag discrepancies, reducing the chance of financial penalties and improving audit readiness.

Financial Reporting 52

Financial Reporting IFRS Compliance Problem Solving 52

PYMNTS

JUNE 5, 2020

The new announcement will bring together CaseWare PBC Requests, CaseWare ReviewCompTax, CaseWare Audit and CaseWare AnalyticsAI as one product suite, allowing accountants to take their services entirely to the cloud in bulk. And errors are done away with through automatic updates of information, the press release states.

Auditing 52

Auditing Accounting Leverage Numbers 52

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. The post Climate risks as a consideration in audit processes appeared first on FutureCFO.

Auditing 52

Auditing Financial Reporting Finance Leverage 52

Global Finance

DECEMBER 6, 2024

This includes regular security audits, investing in advanced technologies, and educating themselves and their teams about best practices. By leveraging data and analytics, we can offer more personalized and effective solutions, ensuring that we remain at the forefront of the industry. GF: How do you communicate that to clients?

Banking 52

Banking Communication Strategic Planning Leverage 52

CFO Thought Leader

OCTOBER 29, 2024

During financial audits, Yooz makes it easy to retrieve invoices and provide documentation to auditors. The system creates a clear record of each invoice’s journey—submission, coding, and approval—ensuring smoother audits with fewer errors. We also reduce human error by leveraging machine learning.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) CFO Finance Profit and Loss 52

E78 Partners

MAY 8, 2024

Compliance and Audit: ServiceNow helps in ensuring compliance with regulatory requirements and internal policies related to telecom expenses. Audit trails and documentation are maintained to track changes, approvals, and actions taken to manage telecom costs effectively.

Leverage 52

Leverage Compliance Auditing Invoicing 52

E78 Partners

DECEMBER 20, 2024

Track and Analyze Cloud Usage Leverage advanced cloud resource management tools to monitor usage patterns, detect inefficiencies, and identify underutilized resources. Perform Regular Audits: Schedule periodic evaluations of your cloud infrastructure to identify inefficiencies and opportunities for improvement.

Cost Management 52

Cost Management Budgeting Leverage Auditing 52

CFO Plans

APRIL 1, 2025

Leverage Technology: Utilize platforms that automate compliance processes, ensuring efficiency and accuracy in monitoring regulatory changes. Invest in Compliance Training for Employees: Equip your team with essential knowledge, fostering a culture of compliance that drives sustainable growth.

Compliance 52

Compliance Startups Risk Management CFO 52

E78 Partners

FEBRUARY 10, 2025

By adopting best practices and leveraging E78’s solutions, businesses can achieve immediate savings while maintaining the efficiency and flexibility needed for long-term success. Negotiate Contracts: Leverage your business size and loyalty to negotiate better terms and volume discounts.

Compliance 52

Compliance Budgeting Cost Management Leverage 52

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. The investment now will save you in the future.

Nonprofit 52

Nonprofit Auditing Compliance Education 52

Future CFO

JANUARY 5, 2025

My background as an external auditor granted me exposure to these individuals, but as a recruitment consultant, I leverage this access to identify and align the right talent with my clients' business objectivesthis is particularly important in finance, which is increasingly vital to business dynamics.

Leadership 52

Leadership Auditing Finance Leverage 52

CFO Thought Leader

DECEMBER 10, 2024

Precision involves rigorous financial processesclean audits, timely closes, and granular understanding of key metrics. So, how can we give these teams more leverage? That experience taught Johnson how to deconstruct challenges into measurable components that teams could understand and act upon.

CFO 52

CFO Leadership Prioritization Auditing 52

Planful

APRIL 5, 2017

Can audits help improve business performance? In addition, 70 percent of C-suite executives and 79 percent of audit committee members believe that financial statement audits provide valuable business insights.”. Per Deloitte, audit insights that may prompt companies to take action include; Comments about the industry and market.

Auditing 40

Auditing Leverage Accounting Marketing 40

CFO News

JUNE 19, 2024

The Institute of Internal Auditors (IIA) National Conference 2024 focused on 'Leveraging AI and Technology in Internal Audit,' highlighting their transformative potential in enhancing audit processes and ethical considerations.

Auditing 40

Auditing Leverage Technology 40

CFO Thought Leader

DECEMBER 16, 2024

Egorov began his career in audit at PwC Moscow, building an understanding of financial fundamentals before transitioning into more high-stakes investment banking. Were (going) to leverage our technologies across a range of applications, helping transform the entire clean aviation ecosystem.

CFO 52

CFO Finance Pharmaceutical Leadership 52

CFO Share

JULY 16, 2024

For small businesses employing a fractional CFO , understanding the core responsibilities of a CFO can help leverage their expertise effectively. They regularly audit processes to maintain the integrity of financial operations. Summary of differences between a controller vs CFO What Are the Key Responsibilities of a CFO?

Financial Planning and Analysis (FP&A) 98

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

Nerd's Eye View

OCTOBER 27, 2023

Also in industry news this week: A survey indicates that while financial advisors remain the most trusted source of financial advice, they might increasingly encounter client questions and ideas that originated from social media Following the transition of advisors and clients from TD Ameritrade and amid competition from competing RIA custodians, Charles (..)

Tax Planning 98

Tax Planning Auditing Leverage Investments 98

The Finance Weekly

DECEMBER 1, 2024

This creates an audit trail and ensures transparency. Leverage Automation - Invest in software that can handle the heavy lifting for you. Step 4 - Investigate and Adjust Once you’ve identified a discrepancy, dig deeper to understand the cause. Make any necessary adjustments to your records. They might catch something you missed!

Reconciliations 52

Reconciliations Accounting General Ledger Invoicing 52

Nerd's Eye View

DECEMBER 30, 2022

A new study shows that there is a wide gap between firms leveraging technology to enhance the client experience and those that do not treat their tech stack as a priority. 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.

Auditing 98

Auditing Planning Leverage Investments 98

Fpanda Club

MARCH 27, 2023

Moving into FP&A from other fields of finance, such as accounting and audit, has recently become very trendy. FP&A roles require to stay up to date with the latest trends and technological advancements which can be leveraged by the function. LinkedIn is full of advice, courses and trainings focused on this transition.

Finance 130

Finance Auditing Compliance Communication 130

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. Looking ahead, I am excited about the opportunity to manage a business and lead it towards sustained prosperity.

CFO 98

CFO Leadership Communication Problem Solving 98

CFO News Room

JANUARY 18, 2023

Leveraging alternate methods, such as alumni networks and gig workers, to bring in workers with specific skills for high-priority tasks when new headcount is not an option. As more organizations leverage AI in recruiting, the ethical implications of these practices have become more urgent.

Prioritization 130

Prioritization Auditing Education Communication 130

https://trustedcfosolutions.com/feed/

JULY 19, 2022

Sage Intacct has completed SSAE 18 SOC 1 Type II, SOC 2 Type II, and ISO27001 audits. Manage multiple currencies and leverage automated compliance processes for your financial regulations. It is PCI certified because Sage understands that you’re entrusting us with your business’s most private, most critical data.

Accounts Payable 113

Accounts Payable Auditing Accounting Securities 113