PYMNTS

DECEMBER 18, 2020

billion in revenue on an adjusted (non-GAAP) basis. Management said the company is not offering a fiscal 2021 earnings forecast, and noted that the capital spending outlook for the year stays at $5.1 For Q2 fiscal 2021, FedEx reported $4.83 in diluted earnings per share (EPS) on $20.6 Those results exceeded the $2.51

GAAP 105

GAAP Transportation eCommerce Forecasting 105

Future CFO

DECEMBER 31, 2021

According to Gartner , finance leaders anticipate a greater percentage of their time will be spent in improving flexibility of budgeting & forecasting (58%), closely followed by developing digital skills (56%) and redefining employee value proposition in hybrid environments. What does this mean to the finance and accounting team of 2022?

Leadership 98

Leadership Finance GAAP Forecasting 98

PYMNTS

MAY 7, 2020

non-GAAP EPS without credit reserves came in at $.83 83 — a 26 percent year-on-year increase, and ahead of pre-earnings forecasts of $.66 66 non-GAAP EPS. As for other Q1 results, PayPal reported $191 in TPV, a 19 percent year-on-year increase, but still slightly shy of analysts’ forecasts of $195.2 billion in revenue.

GAAP 99

GAAP Forecasting Economics Accounting 99

Centage

DECEMBER 19, 2023

Cash flow forecasting provides much needed insight when preparing for known unknowns — it’s the most effective way to start future-proofing your business for the year ahead. What is a cash flow forecast? Any of these issues can limit a thorough, accurate understanding of the forecasted cash position of the company.

Cash Flow Forecasting 52

Cash Flow Forecasting Financial Planning and Analysis (FP&A) Forecasting GAAP 52

Centage

AUGUST 15, 2022

For this reason, many companies opt to abandon Excel budgeting in favor of a tool that can handle driver-based planning and forecasting. Data Integrity Are you sure that your current forecasts are accurate? Driver-based planning lets businesses focus on key indicators while ignoring the noise.

Budgeting 105

Budgeting Planning Forecasting GAAP 105

Centage

JUNE 12, 2023

Key aspects of these solutions include: Automation where core budget and forecast processes are built in – routine tasks are performed faster, there are no broken links or formulas to maintain as is the case with spreadsheets. When it comes down to it, we know that business budgeting and forecasting aren’t one day events.

Financial Planning and Analysis (FP&A) 98

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

Centage

APRIL 28, 2022

affordable and intuitive, cloud-native platform that lets its clients easily budget, forecast financial performance, analyze results and share critical information across the organization quickly. Out of the gate, Planning Maestro offered companies of all sizes a better way to plan, budget, forecast and report their financial performance.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Finance Budgeting 98

Centage

DECEMBER 7, 2022

the maker of QuickBooks Online Advanced, to bring automated budgeting, forecasting, reporting and analytics capabilities to QuickBooks Online Advanced customers and mid-market organizations looking for more robust and streamlined budgeting capabilities. Key Priorities & Requirements for Finance in 2023. Seamless Integration.

Budgeting 98

Budgeting Planning Forecasting GAAP 98

Bramasol

JULY 31, 2023

For leasing, this means International Accounting Standards Board’s (IASB’s) IFRS 16 and US GAAP Financial Accounting Standards Board’s (FASB’s) ASC 842. In addition, global companies need the flexibility to comply and report according to multiple accounting standards. For revenue recognition, they also must comply with ASC 606 and IFRS 15.

Accounting 71

Accounting SAP GAAP IFRS 71

PYMNTS

FEBRUARY 20, 2020

As it sold more wearable devices and average selling price fell, which was driven by more affordable devices as well as higher promotions, Fitbit reported a non-GAAP net loss of $31 million for the fourth quarter. International revenue fell 7 percent year-over-year to arrive at $226 million. revenue dropped 16 percent to $276 million.

GAAP 52

GAAP Forecasting Retail Planning 52

E78 Partners

NOVEMBER 19, 2024

Ensure that impairment analyses are completed according to audit priorities, with asset groupings and forecast data that align with GAAP standards. For companies with diverse revenue streams, ensuring that revenue recognition is compliant with GAAP is critical.

Auditing 52

Auditing GAAP Restructuring Compliance 52

E78 Partners

NOVEMBER 19, 2024

Ensure that impairment analyses are completed according to audit priorities, with asset groupings and forecast data that align with GAAP standards. For companies with diverse revenue streams, ensuring that revenue recognition is compliant with GAAP is critical.

Auditing 52

Auditing GAAP Restructuring Compliance 52

PYMNTS

FEBRUARY 27, 2020

PayPal said that after thoroughly analyzing the evolving Coronavirus effect, it is anticipating about a 1 percent drop in its first-quarter 2020 revenue, closer to the lower end of the forecasted range of $4.78 The payments firm also said it was reaffirming first0quarter 2020 GAAP and non-GAAP EPS guidance. “At

GAAP 52

GAAP Manufacturing Currencies Forecasting 52

Bramasol

JULY 26, 2024

The Expected Cost Plus Margin method involves forecasting your company's expected costs for satisfying a performance obligation and then adding an appropriate margin for the good or service. GAAP, IFRS) for various countries and ensuring accuracy in financial reporting can add significant complexity and time to the close process.

SAP 80

SAP IFRS GAAP Compliance 80

PYMNTS

FEBRUARY 1, 2017

However, Vantiv did see a decrease in its net income per diluted share on a GAAP basis, dropping 6 percent to $0.29. Vantiv’s fourth-quarter profit was $47.8 million, and its total revenue hit $955 million, a 12 percent increase compared to the same period in 2015. It’s adjusted revenue was $502.4

Forecasting 40

Forecasting GAAP Investments 40

PYMNTS

JULY 17, 2017

In a press release late Friday announcing the news, Target said it now expects a modest increase in its second quarter comparable sales and that it anticipates reporting Q2 2017 GAAP and Adjusted EPS Target shares above the high end of its previous guidance range of $0.95 Both GAAP and Adjusted EPS are expected to reflect a $0.05

GAAP 40

GAAP Sales Forecasting Retail 40

PYMNTS

MARCH 13, 2020

Slack forecast billings at $970 million to $1 billion for the fiscal year, representing 27 percent to 31 percent year-over-year growth. But analysts had forecast an average estimate of $1.02 Despite the decline in the markets and its less-than-forecasted billing outlook, Slack reported total revenue of $181.9

GAAP 56

GAAP Forecasting Communication CFO 56

PYMNTS

APRIL 17, 2020

The company retracted its 2020 forecast for gross bookings, adjusted net revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA). It is also anticipating a GAAP revenue drop of $17-$22 million in the first quarter and $60-$80 million in the second quarter.

Profit and Loss 58

Profit and Loss GAAP Forecasting Economics 58

The Finance Weekly

MARCH 25, 2024

Specifically, here are some key corporate matters the CFO is in charge of: Forecasting One key thing to note is that CFOs do more than just report the current situation. The CFO's job is to decipher various departmental forecasts to create profit projections for the CEO and shareholders.

CFO 97

CFO Finance Forecasting GAAP 97

PYMNTS

MARCH 13, 2019

The company posted a 42 percent increase in subscription revenue growth year-over-year, with non-GAAP earnings of 18 cents per share. million GAAP operating loss (compared to $9.1 Yet the company posted a $14.7 million for the same period last year), with net losses at $16.6 million (up from $8.7 million a year prior).

GAAP 46

GAAP B2B Risk Management Leadership 46

The Finance Weekly

FEBRUARY 20, 2022

Cash flow forecasting provides you that much-needed knowledge and is the most efficient approach to begin future-proofing your company for the coming year. Whether you're dealing with one of these challenges or all of them, any of them can make it difficult to get a clear image of your company's forecasted cash position.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Cash Flow Forecasting Forecasting GAAP 52

CFO Leadership

OCTOBER 10, 2023

With the pending release of ChatGPT plugins that can do everything from browse the internet to write computer code, an array of additional functionalities such as real-time analytics, advanced forecasting, and intelligent customer service are coming in the very near future. With a large and diverse enough data set (e.g.

Accounting 95

Accounting Finance Auditing IFRS 95

PYMNTS

MARCH 3, 2020

billion and non-GAAP diluted earnings per share of $1.99. Analysts had forecast revenues of $6.5 “Beauty remains a large opportunity for Kohl’s, and we will share more of our plans at our investor day,” Gass said. Kohl’s fourth-quarter results exceeded analyst expectations, with revenues of $6.8 billion and earnings per share of $1.88

GAAP 60

GAAP Retail Leadership Forecasting 60

Centage

DECEMBER 21, 2023

Russell Taylor, Controller, Mountain View Hospital Centage saves our users hours (if not days) in budget and forecast creation, thanks in large part to our unique formula-free FP&A design. It became very evident that we needed one source of truth for all things budgeting and forecasting.”

Budgeting 52

Budgeting GAAP Forecasting CFO 52

PYMNTS

JANUARY 31, 2019

The revenue growth rate forecast remains in the low double digits on a nominal basis, and earnings per share growth on a mid-teens non-GAAP basis.

GAAP 67

GAAP B2B Forecasting CFO 67

Future CFO

APRIL 18, 2022

DOWNLOAD NOW. The post IBM Cognos Controller: Financial close management managed by the office of finance appeared first on FutureCFO.

Finance 52

Finance IFRS GAAP Accounting Principles 52

E78 Partners

NOVEMBER 12, 2024

Collaborating with the strategic FP&A team early in the process is particularly valuable, as their forecasts and financial models provide key inputs for impairment testing and other complex calculations.

Auditing 52

Auditing Financial Planning and Analysis (FP&A) GAAP Compliance 52

E78 Partners

NOVEMBER 12, 2024

Collaborating with the strategic FP&A team early in the process is particularly valuable, as their forecasts and financial models provide key inputs for impairment testing and other complex calculations.

Auditing 52

Auditing Financial Planning and Analysis (FP&A) GAAP Compliance 52

PYMNTS

DECEMBER 30, 2019

Grubhub’s stock is down about 35 percent year to date and third-quarter sales announced in October totaled $322 million, missing analysts’ forecasts of $330.5 30, Grubhub’s non-GAAP net earnings dropped to $77.5 For the nine months ending Sept. million from $135.7 million a year earlier despite a 35 percent uptick in sales. . “We

Profit and Loss 52

Profit and Loss GAAP Forecasting Sales 52

The Charity CFO

JULY 12, 2024

Additionally, the cash-basis method can make accurate forecasting and budgeting difficult. Adopting the accrual method ensures compliance with Generally Accepted Accounting Principles (GAAP) and other relevant standards. Say a nonprofit hosts a large fundraising event in the second quarter.

Nonprofit 52

Nonprofit Accounting Budgeting GAAP 52

Cube Software

MAY 11, 2023

Think of pro forma statements as a monetary crystal ball, a guiding financial forecast. The Securities and Exchange Commission (SEC) requires that discrepancies between pro forma and GAAP-compliant financial reports be explained when released to the public. A pro forma invoice is not a type of pro forma financial statement.

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40

Onplan

DECEMBER 16, 2021

According to GAAP standards , revenue can only be recognized once it is ‘earned’. They forecast revenue based on accurate pipeline data and continuously track the relationship between bookings, billings, and revenue. Companies that close a lot of yearly billing deals tend to have high deferred revenue.

GAAP 59

GAAP Invoicing Accounting Forecasting 59

The Charity CFO

JULY 19, 2024

Advanced analysis and reporting Budgeting and forecasting A nonprofit CFO oversees all financial operations to ensure the organization’s financial practices align with its long-term goals and mission. They’ll need to provide strategic planning, financial forecasting, and risk management while working with the board of directors.

CFO 52

CFO Accounting Nonprofit General Ledger 52

Centage

NOVEMBER 22, 2021

It’s all automated and GAAP compliant. With Planning Maestro , Centage offers the sophisticated features needed by small and mid-market organizations to integrate budgeting , forecasting , and deep data analysis within one easy-to-use, scalable SaaS solution. No programming. No formulas. No links and logic to maintain.

Financial Planning and Analysis (FP&A) 72

Financial Planning and Analysis (FP&A) Nonprofit Planning Finance 72

CFO Share

AUGUST 15, 2024

The three fractional CFO responsibilities in fundraising are: Building a pro forma and capital plan Evaluating the cost of capital Addressing due diligence Building a Pro Forma and Capital Plan The first step an outsourced CFO will take is to create a comprehensive pro forma forecast.

CFO 52

CFO Securities GAAP Startups 52

Boston Startup CFO

OCTOBER 29, 2012

Depending on your needs, a consulting CFO may be able to help with financial projections, cash forecasts, operating budgets, financial plans, pricing, reporting, debt management, M&A, equity and debt negotiations and liquidations. Overall, CFOs help you with business planning, providing your business plan with essential rigor.

Startups 52

Startups Mergers and Acquisitions (M&A) GAAP Accounting Principles 52

Strategic Treasurer

MARCH 6, 2023

I think those are those are key aspects because forecasting has to account for bank geography specific activity, forecasting your cash and it looks very different if you’re doing it from an FP&A perspective. And AR would hit a cash clearing account, now those cash clearing accounts are treated as cash for GAAP purposes.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Treasury GAAP 52