CFO News

JULY 25, 2023

accounting watchdog flags growing number of audit deficiencies.

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CFO Talks

NOVEMBER 29, 2024

This early encouragement played a key role in shaping my future, as it introduced me to the world of business and numbers. 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. The sense of relief and pride was overwhelming.

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CFO Talks

APRIL 15, 2025

Someone who knows the numbers inside out, can explain the movements, and understand what those numbers mean for the business. Youll hear things like, Ops didnt send their numbers in time, or Thats not my line, I just posted what I was given. Automated workflows, audit trails, and shared dashboards all create transparency.

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PYMNTS

MAY 1, 2020

Before the forgiveness … comes the audit. And audits, as we all know, strike fear into the hearts of, well, pretty much everyone, whether financial wrongdoing has been in the cards or not. As we found in the latest “ Main Street on Lockdown ” study, a growing number of SMBs are opting to apply for funds.

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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.

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https://trustedcfosolutions.com/feed/

FEBRUARY 9, 2023

Getting audited isn’t something businesses look forward to. Audits cost your business hundreds and thousands of dollars, taking up countless hours researching transactions and data logs, or painstakingly tracking down supporting documentation. Here’s how: Next-Level Efficiency: Streamlining the Audit Feel prepared for your next audit.

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Auditing CFO Compliance Accounting 57

The Charity CFO

MAY 6, 2022

Those numbers may be skewed by some outliers, like education, but, regardless, there is still a lot of federal money up for grabs. You have an active Employer Identification Number (EIN), which would be issued and maintained by the IRS. You have been issued a DUNS number (Data Universal Numbering System).

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CFO Talks

MARCH 26, 2025

The professionals you really want the ones who understand both compliance and strategy, who can hold their own in front of auditors, and who arent afraid to challenge the numbers theyre in demand. They can work anywhere. So why would they choose you? The companies attracting (and keeping) top financial talent arent just paying well.

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CFO Talks

APRIL 8, 2025

Julius shares his career journey, from his early passion for numbers to his experiences working across borders. My passion for numbers and the accounting profession motivated me to join finance. Yes, I worked in Rwanda as an audit assistant, auditor, and later accountant. 0600hrs How do you spend the first hour of your day?

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Future CFO

MARCH 27, 2024

Despite concerted efforts, the accountancy profession is struggling to attract and retain talent , and at the same time is facing declining number of entrants, a joint study by the Association of Chartered Certified Accountants and the Chartered Accountants Australia and New Zealand finds. Career ladder and variety of work.

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CFO Talks

MARCH 25, 2025

The Real Cost of Dirty Data Lets say your monthly numbers are off because someone pulled figures from the wrong version of a spreadsheet. You spend hours reconciling, re-checking, and trying to figure out which number to trust. CEOs trust finance leaders who consistently deliver reliable numbers.

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CFO Talks

NOVEMBER 12, 2024

From strategic leadership lessons to tips for aspiring CFOs, join us as we delve into the story of a finance professional who is not only driven by numbers but also by a passion for growth, mentoring, and global expansion. Fascination with numbers and financial markets.

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CFO Corporate Finance Auditing Leadership 52

CFO Talks

APRIL 10, 2025

Using tools like Power BI, IDEA, or even Excel with pivot tables, you can identify: Duplicate payments Payments outside business hours Transactions near internal control thresholds Inconsistent vendor banking details Round number patterns (e.g. They understand that fraud risk isnt a threat to be buried in an audit report.

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Leadership Auditing CFO Reconciliations 52

CFO Talks

MARCH 5, 2025

If there are differences, it can lead to problems during audits or inspections. If the data is incorrect or unclear, the company may face penalties or extra audits. Double-check numbers before submission Errors in financial reports can lead to legal issues, so its important to check everything carefully.

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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.

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Nonprofit Auditing Compliance Education 52

PYMNTS

AUGUST 7, 2020

In addition, as the number of digital transactions rises, so do disputes. The 2019 audit found that the personal data held by the nation’s primary digital payments system, which is operated by the RuPay card network, was vulnerable. In response, NPCI said it routinely conducts audits and fixes any vulnerabilities.

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CFO Thought Leader

DECEMBER 10, 2024

Precision involves rigorous financial processesclean audits, timely closes, and granular understanding of key metrics. But numbers alone dont drive results. Ultimately, our approach is about solving genuine pain points and delivering real value, not just chasing a large market number.

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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. . The number of people who interact with us who say their problems are causing them stress or anxiety is extremely high.” .

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E78 Partners

SEPTEMBER 28, 2023

A large number of professionals are leaving their current roles for work life balance and increased compensation despite tenure and growth potential in their current roles. The post Interim Solutions for Enhanced Budgeting, Year-End, and Audit Preparation in a Competitive Talent Market appeared first on E78 Partners.

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Future CFO

JUNE 24, 2024

Yes, in the sense that there are a lot of analyses that can now be handled by Gen AI and No, because it transforms accountants from number crunchers to strategic advisors. This will be an ongoing challenge with AI as there should always be a means to review and audit the system and results. Yes and No.

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CFO Thought Leader

OCTOBER 29, 2024

Looking back, Gronen tells us his involvment with M&A began during his time at Alltel, where he contributed to a number of M&A transactions. During financial audits, Yooz makes it easy to retrieve invoices and provide documentation to auditors. Another key advantage is traceability.

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

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. This will reside somewhere in your company’s operational IT system.

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CFO Talks

NOVEMBER 21, 2024

The ability to analyze numbers and translate them into actionable strategies has always intrigued me. Early in my career, I realized that finance is not just about managing numbers—it’s about empowering organizations to make informed decisions, optimize resources, and achieve long-term goals.

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CFO News Room

JANUARY 6, 2023

We also have a number of articles on practice management: Why the most successful firms in the coming years might be those who dominate individual market segments rather than those that are ‘overdiversified’. How a ‘time audit’ can help an individual spend more time on their most important personal and professional activities.

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Accountancy Today

JULY 15, 2022

UK company insolvencies have jumped 70%, from 11,261 to 19,191 in the last year according to Mazars, the international audit, tax and advisory firm. Mazars said that businesses are finding it “increasingly difficult” to refinance their debts at a competitive rate and the number of businesses that go into insolvency is expected to rise.

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Construction Auditing Economics Numbers 124

Nerd's Eye View

JULY 31, 2024

First, the SEC will request information on the firm itself, including organizational charts, employee roles and responsibilities, financial statements, and/or any legal action against the firm that is pending or settled.

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CFO Talks

APRIL 9, 2025

A failed audit. Boards and CEOs are actively looking for finance leaders who can think beyond numbers and offer real strategic foresight. A CFO who can confidently guide the business through uncertainty is more than a number-crunchertheyre an indispensable asset. A tax penalty. A failed vendor.

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CFO Talks

MARCH 13, 2025

These systems automatically flag discrepancies, reducing the chance of financial penalties and improving audit readiness. This means department heads can check their budgets, track spending, and make informed financial decisions without needing an accountant to explain the numbers.

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CFO News

AUGUST 13, 2024

The National Financial Reporting Authority (NFRA) has identified preliminary audit quality issues in its ongoing inspections of major audit firms. The NFRA is inspecting seven audit firms this year, with plans to increase the number further.

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Auditing Communication Financial Reporting Numbers 40

PYMNTS

DECEMBER 3, 2020

The Compounder team swapped the safe and audited Strategy contracts and replaced them with malicious ‘Evil Strategy’ contracts that allowed them to steal users funds,” Solidity Finance, who audited Compounder, told CoinDesk. “. They were able to steal $5 million dai, $4.8

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PYMNTS

SEPTEMBER 29, 2020

The German payments company filed for bankruptcy protection in June and is already facing an investigation by APAS, the body that oversees auditing firms in Germany. An audit by KPMG , a global auditing firm, criticized Wirecard’s lack of transparency. EY was Wirecard’s auditor for more than a decade.

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Auditing Accounting Firms Accounting Sales 75

CS Lucas

NOVEMBER 25, 2024

The CS Lucas microservice solves that: Real-Time Data at Your Fingertips: A quick OTP login refreshes your dashboards with the latest treasury data—no manual imports, no outdated numbers. Compliance Made Easy: Audit trails and data controls are built in, ensuring accuracy and accountability without extra effort.

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Treasury Compliance Auditing Accounting 52

Nerd's Eye View

FEBRUARY 24, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the SEC’s proposed “Safeguarding Rule” would significantly increase the number of investment advisers deemed to have custody of client assets and increase paperwork requirements for advisers (..)

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CFO Talks

DECEMBER 12, 2024

I enjoy numbers and finances; and I loved accounting at school. Then I have a cold shower and protein smoothie before my workday starts. What sparked your interest in finance? I wanted to become a CA since I can remember. Both my parents have a background in finance. I haven’t regretted becoming a CA for one minute though.

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Leadership CFO Prioritization Education 98

CFO Leadership

OCTOBER 10, 2023

They’re not very good at mathematics or dealing with numbers in general. 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.

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The Charity CFO

APRIL 5, 2022

Though both systems use the same numbers, looking at those numbers differently can give you a very different perspective on the state of your finances. Do you need to undergo an audit? . The rules governing independent financial audits for nonprofits can be complex, so do your research. You want to apply for a loan.

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CFO Talks

JANUARY 22, 2025

With over two decades of professional experience spanning finance, accounting, and leadership, Henk’s journey began in high school, where his passion for numbers was ignited by managing his own small business and assisting with his fathers bookkeeping. Johannes Hendrik Bothma CEO/ Director, Darling Romery (Pty) Ltd and subsidiaries.

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