Future CFO

FEBRUARY 19, 2025

He says cross-border virtual CFOs can be of aid to businesses in navigating regulatory environments, tax structures, currency fluctuations, and financial reporting requirements.

CFO 52

CFO Compliance Leadership Currencies 52

The Finance Weekly

DECEMBER 1, 2024

This process isn’t just about catching mistakes; it’s also a critical tool for ensuring the integrity of your financial reporting. Reconciliation helps you figure out why that difference exists and fix it if needed. Variations of Account Reconciliation Account reconciliation isn’t a one-size-fits-all process.

Reconciliations 52

Reconciliations Accounting General Ledger Invoicing 52

https://trustedcfosolutions.com/feed/

JUNE 29, 2022

It isn’t easy keeping track of the financial performance of each branch, franchise, or entity within your organization. The more your company grows, the more complex your financial reporting becomes. Consolidation makes it easy and helps you build and scale your business smartly.

Budgeting 104

Budgeting Currencies Forecasting Accounting 104

Future CFO

SEPTEMBER 2, 2024

The convergence of AI and ERP offers the potential to overcome traditional barriers to efficiency and accuracy in financial management, enabling Asian companies to compete more effectively on a global scale.

Compliance 116

Compliance Leverage Forecasting Risk Management 116

PYMNTS

AUGUST 11, 2020

The firms noted in a statement that the effort would let clients “view transaction records, track whether invoices are paid or outstanding, quickly record bills and expenses, and automatically create great financial reports.”.

Accounting 65

Accounting Foreign Exchange Invoicing Currencies 65

Future CFO

APRIL 18, 2022

Click on the link to download to discover in detail a list of the benefits that IBM Cognos Controller provide for finance teams: Data collection and validation Reconciliations Workflow and tasks to improve the close cycle Currency conversion Minority interest calculations Inter-company eliminations Group closing adjustments Management adjustments Allocations (..)

Finance 52

Finance IFRS GAAP Accounting Principles 52

https://trustedcfosolutions.com/feed/

FEBRUARY 3, 2023

Their financial operations are more complex, as each location or brand’s transactions, currency, and decentralized payables need to be accessible to the parent company. Accounting is one area that multi-entity businesses should approach differently than those with singular locations. Seem like a tall task? What is Sage Intacct?

Accounting 52

Accounting Currencies Financial Reporting Banking 52

The Finance Weekly

OCTOBER 29, 2024

This provides a complete picture of the financial health of the entire group as if it were a single entity. Companies, especially those that are publicly traded or have multiple subsidiaries, use this method to: Create consistent financial reports, handle tax filings, and meet regulatory requirements.

Financial Modeling 52

Financial Modeling Mergers and Acquisitions (M&A) Budgeting Forecasting 52

PYMNTS

JUNE 10, 2019

” The committee also suggested in its letter that standards approach cryptocurrency accounting the same way they would for a corporation holding and using foreign currencies. Reports noted that Facebook is expected to introduce its own stablecoin with an array of global currencies. GAAP,” the letter stated.

Accounting 51

Accounting IFRS GAAP Accounting Standards 51

PYMNTS

MARCH 10, 2020

This is even more imperative when it concerns their multi-currency financial reporting as there is no room for errors.”. “An An integration with Xero is one of the most requested integrations from our customers,” Zhang added. SMBs can also open accounts in the U.S., and EU on Airwallex. “As

Reconciliations 52

Reconciliations Foreign Exchange Currencies Accounting 52

PYMNTS

OCTOBER 15, 2018

The report also noted that virtual currency exchange and transmission was 9.4 In a written response interview with PYMNTS, Matthew Lambert, senior director and non-depository Counsel at CSBS, noted that “this report is new for 2017, so we won’t be able to speak to trends until the 2018 numbers are final next year.”

Concentration 68

Concentration Currencies Numbers Leverage 68

Centage

JULY 25, 2023

Our solution can also streamline the consolidation of entities with intercompany transactions, multiple currencies, journal entry adjustments, and complex allocation schemes. Quick report generation: Planning Maestro allows you to quickly and easily build and distribute consolidated financial reports.

Budgeting 98

Budgeting Financial Planning and Analysis (FP&A) General Ledger Forecasting 98

Spreadym

APRIL 27, 2023

Financial reporting: These tools generate financial reports, including income statements, balance sheets, and cash flow statements. It can be important that FA&P software can generate financial reports by several standards.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

PYMNTS

AUGUST 29, 2018

And the Venezuela President Nicol á s Maduro is making every bank in the country accept the ‘Petro’ cryptocurrency, The Next Web reported. Already, private and public banks have to use the digital currency in their financial reports.

Banking 40

Banking Currencies Investments Securities 40

PYMNTS

APRIL 5, 2019

That makes the phone function as a hardware digital currency wallet that can also store private keys,” the report said, adding that HTC is marketing the privacy aspects of the mobile device. Not only that, but Taiwan-based HTC late last year included a cryptocurrency wallet, Zion, on the company’s new Exodus 1 phone.

Currencies 55

Currencies Startups Financial Reporting Marketing 55

The Charity CFO

JANUARY 25, 2022

On the Statement of Financial Position, your assets break down into current assets, fixed assets, and other assets. Current assets are cash or assets you can reasonably expect to convert to currency within a year. Examples include bank balances, accounts receivable, pledged donations, investments, and prepaid expenses.

Nonprofit 98

Nonprofit Auditing Accounting CFO 98

PYMNTS

MARCH 16, 2016

Reports said their partnership means Bosch can make both domestic and cross-border payments in its local RMB currency, as well as foreign currencies, all on a single banking platform. “We Deutsche Bank has been operating across Asia for 30 years, according to reports.

Cash Management 40

Cash Management Banking Treasury Corporate Finance 40

Future CFO

AUGUST 7, 2024

We all know data is the new currency but having an effective data analytics function setup can be the difference from getting value from data or not," Ho says. Ho says leveraging their financial expertise to provide IT with a clear business case for technology initiatives can help to maximise the return on these investments. "We

Data Analysis 98

Data Analysis CFO Budgeting Performance Measuring 98

PYMNTS

MAY 31, 2016

Bartercard provides its own digital currency so businesses don’t have to use cash reserves, the company explains. coincided with BPS Technology’s latest financial report. The solution was first available to businesses in Australia, New Zealand, the U.K., News of the expansion across the U.S. million, a 7.3

B2B 40

B2B Currencies eCommerce Financial Reporting 40

Planful

SEPTEMBER 14, 2021

Steinway & Sons covered how it uses Planful to automate reports, ease monthly manufacturing analysis, and generate granular unit sales forecasts. Imagen Dental Partners explained how it overcame financial reporting friction with the help of CFO Solutions and Planful. Watch the customer session recordings here.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Accounting Finance Planning 40

CFO Talks

AUGUST 21, 2024

Inflation rates can change rapidly, currencies can lose value quickly, and access to money can become difficult. Following local tax laws, international financial reporting standards (IFRS), and other rules is essential but challenging.

Corporate Finance 52

Corporate Finance Finance Cash Flow Forecasting IFRS 52

The Finance Weekly

NOVEMBER 8, 2022

There are employee time tracking sheets, payroll management, customer accounts, and even the ability to generate basic financial reports. Great for processing multiple global payments and currencies. Pros: • Stripe accepts 135 different currencies. Cons: • Pricing. Pros: • Live customer support. 24/7 phone support.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

PYMNTS

NOVEMBER 20, 2018

The tool will also support real-time access to data to enhance financial reporting and cash flow management. The release of the Payments API follows Cashplus’ launch of its Account API and Application API as the company builds out its suite of integrations that target business currency accounts.

Reconciliations 43

Reconciliations Currencies Accounting Banking 43

PYMNTS

MARCH 6, 2020

The British audit regulator, the Financial Reporting Council (FRC), announced plans this week to break up the dominance of the largest four accounting firms: PwC, EY, Deloitte and KPMG. Libra’s Stumbles, Coronavirus Gains Show Pitfalls of a ‘Global’ Currency. UK Moves Closer to Big Four Accountancy Breakup.

Treasury 52

Treasury Auditing eCommerce Cash Management 52

The Finance Weekly

APRIL 13, 2024

The finance industry employs a multitude of software solutions to facilitate budget creation, and financial reporting, and to assist financial analysts and investors with financial planning and forecasting. However, with the abundance of finance software available today, selecting the right one can feel overwhelming.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Invoicing Budgeting 52

The Finance Weekly

OCTOBER 8, 2023

Some software can even integrate with accounting systems to further streamline financial management. These type software provides various functions like forecasting, , financial reporting , managing cash flow, and analyzing differences in planned versus actual expenses.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Financial Modeling Forecasting 52

CFO Talks

OCTOBER 22, 2024

Make sure you’re up to date with any changes to tax, labor, or financial reporting regulations. Hedging : A practical example of hedging is locking in exchange rates for imports or exports to protect against currency fluctuations. Assessing the Reward Every risk has the potential for a reward.

CFO 52

CFO Risk Management Education Communication 52

Bramasol

SEPTEMBER 8, 2024

Universal Parallel Accounting (UPA) Universal Parallel Accounting (UPA) provides a harmonized architecture for ledgers and currencies, which enables a foundation for not only calculating and posting values per ledger and currency along end-to-end processes, but also provides the baseline for future innovations in finance.

SAP 59

SAP General Ledger Compliance Accounting Standards 59

Planful

FEBRUARY 16, 2017

You’ll also learn about the steps one company took to transform its financial close and reporting process into a smooth and painless procedure. High-Quality Data: The Linchpin to a Smoother Financial Close. The biggest obstacle to accurate financial reporting is not having a single source for reliable financial results.

Numbers 40

Numbers General Ledger (GL) General Ledger Financial Reporting 40

PYMNTS

JUNE 21, 2019

The aim is to create “an online system where digital currency could be sent and received.” According to the report, State Treasurer Zach Conine “likened the system to gift cards or digital wallet apps, such as Venmo , and said the program would not include broader banking services like loans.”.

Sales 54

Sales Retail Banking Currencies 54

Planful

JUNE 22, 2017

Consolidating the data following specific financial accounting rules and guidelines, such as U.S. GAAP or International Financial Reporting Standards (IFRS). Reporting results to internal and external stakeholders. This includes the following: Foreign currency translation. Adjusting journal entries.

Accounting 40

Accounting General Ledger IFRS GAAP 40

Spreadym

MAY 15, 2023

Vena’s features include financial planning and analysis, integrated business planning, financial reporting, regulatory compliance reporting, and financial close management. Finance teams can benefit from the spreadsheets and financial models of Excel while automating their financial reporting and planning.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Financial Modeling 52

Creative CFP

OCTOBER 2, 2020

There is an automatic link to XE.com , so multi-currency transactions are converted automatically to your reporting currency. I am now able to improve financial reporting and be innovative with bringing the business numbers to life so business owners can make better decisions.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

CFO Share

JULY 11, 2024

Without proper controls, financial reporting compliance issues will inevitably arise. Financial negligence also enables other forms of mistakes such as blunders and fraud. Sometimes this negligence is a form of laziness and sometimes it is due to a lack of resources (common with accounting teams who were recently downsized.)

CFO 52

CFO Forecasting Communication Education 52

Planful

JUNE 3, 2021

A 2017 study on Business Intelligence in Consolidation of Financial Statements showed that while spreadsheets can be adequate for a simple consolidation “involving few entities, single-level, and currency,” it’s best to implement a “dedicated consolidation software” for a complex structure of businesses.

Compliance 40

Compliance Reconciliations Currencies Finance 40

PYMNTS

JULY 26, 2018

Facebook ‘s stock price plunged Wednesday (July 25) after the social media operator’s Q2 financial report showed missed targets on revenue and users, and the ongoing costs of the privacy and data scandals to hit the company gained clarity. Privacy will have a major role in that, according to one analyst quoted by Reuters.

Advertising 40

Advertising Profit and Loss Securities Currencies 40

PYMNTS

FEBRUARY 16, 2018

After headlines (and yes, even we) breathlessly tracked the swoons that ballooned in bitcoin and its peer digital currencies, a rebound seemed in the offing. Rally Here, Rally There…Rally, Really? Rallying prices in cryptos? Who’da thunk it?

Leverage 46

Leverage Education Currencies Financial Reporting 46