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Flood of financial data, how not to be overwhelmed?

Simply Treasury

Sometimes starting from scratch is easier than renovating, as in the construction of a building." A Cornelian dilemma, but the only way to quickly claim to make use of its data. Sometimes starting from scratch and from a blank sheet of paper is easier than renovating, as in the construction of a building.

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How to Prepare Your Finance Team for Growth 

CFO Talks

Constructive feedback is equally important. If someone struggles with presenting financial data, offer tips, resources, or even a mentor to help them improve. Ask questions like, What skills would you like to develop? or Where do you see yourself in the next few years?

Finance 52
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Members’ Profile: Rofhiwa Irene Singo

CFO Talks

Learning to analyse financial data with a strategic lens, understanding broader business impacts, and identifying potential risks are essential skills for any future CFO. While I do engage in formal mentorship, I find that offering direct, constructive feedback on work submitted to me is equally impactful.

CFO 95
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Navigating South Africa’s Reporting Maze: What Every CFO Needs to Know

CFO Talks

Practical Example: A medium-sized manufacturing company with a public interest score of 350 must ensure that its AFS is audited and submitted to the Companies and Intellectual Property Commission (CIPC) within six months of the financial year-end. Failure to comply can lead to penalties and reputational damage.

CFO 83
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Number of U.K. Firms In Significant Financial Distress Jumps

PYMNTS

“Our Red Flag research shows that a recent loss of momentum in the economy is putting increased financial pressure on U.K. Researchers at the firm deploy the company’s proprietary algorithm to measure corporate financial distress, factoring in legal and financial data from an array of sources, it explained. Meanwhile, 13.2

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Do Nonprofits Use Cash or Accrual Accounting?

The Charity CFO

Also, revenue must be recorded when it is actually or “constructively” received. Income is constructively received when an amount is credited to your account or made available to you without restriction, regardless of whether or not it’s been deposited in your bank account. Don't hire the wrong accountant for your nonprofit!

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The Future of Financial Leadership: Aligning Operational and Strategic CFOs

The Finance Weekly

An operational CFO optimizes performance by combining data from various departments with financial data. Although the concepts may seem straightforward, the process of analyzing costs and constructing adaptable financial models can be quite time-consuming.