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For a robust finance team, well-rounded talent is a must: Leia CFO

CFO Dive

The newly-minted CFO will concentrate on FP&A and financial reporting this year, which requires finding finance employees that have a range of skill sets.

CFO 257
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Mexico: New President Pledges To ‘Fix’ Pemex

Global Finance

Due to our passive position in foreign currency, motivated by our current financing, an exchange loss of 130 billion pesos was recorded, Pemex announced in a financial report. All finances will be concentrated in a single entity: Pemex. Pemexs total sales were 7.7% lower than in third-quarter 2023. The company blamed a 6.8%

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What is Financial Reporting?

Centage

Financial reporting is a critical task for any organization. Understanding where your actual financials stand in relation to budgets and projections is important to keeping your business on track and in helping to create new projections and budgets. When using spreadsheets for financial reporting, these errors are amplified.

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What To Do if a Bank Tightens Up Your Advance Rates

CFO Simplified

Bank fatigue might mean that your bank feels like: Your financial reporting isn’t getting done on time. Your financial reporting is inconsistent. With regard to accounts receivable, one thing banks are always concerned about is customer concentration. Regarding Accounts Receivable.

Banking 98
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Members’ Profile: Anne-Marie de Bruin 

CFO Talks

First and foremost is financial acumen—understanding financial reporting, budgeting, forecasting, and compliance is foundational. My go-to strategy for staying productive during long workdays is playing calming focus music in the background, which helps me maintain concentration and a relaxed mindset.

CFO 98
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Members’ Profile: Rofhiwa Irene Singo

CFO Talks

When you’re young, focus on deeply understanding the core accounting principles, financial reporting, and regulatory compliance. For newly qualified accountants aspiring to become CFOs, mastering technical skills early on is essential. If you could relive one day from your professional career, which day would it be and why?

CFO 95
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NFRA and ICAI at odds over plan to sync audits with global norms

CFO News

The National Financial Reporting Authority and the Institute of Chartered Accountants of India are at odds over proposed changes to domestic audit standards. ICAI fears the changes could concentrate audit work among large firms, impacting smaller practitioners.