By Paul Karr There is a common misconception that accounting policy is something that controllers can do in their spare time. Midsize firms especially can fall into the same trap: We’ve always had a small team, and everyone has to complete a lot of work, and we can’t afford another resource. Your controller already has… Continue reading What Bank CFOs Are Missing From Their Finance Team
Author: cfomanage
SEC Quality Review (Publicly Traded Community Bank)
Industry: Community Bank (Financial Services) Client Overview A publicly traded community bank wants a comprehensive and objective “internal” quality assessment of its SEC 10-K and 10-Q documents. Challenge The bank’s finance team is already busy with the day-to-day operations. Preparation of quarterly earnings release documents and Form 10-Q and 10-K filings are “complex quarterly projects”… Continue reading SEC Quality Review (Publicly Traded Community Bank)
Partner Beta
How CFOs Can Make Crypto Less Cryptic, More ‘Boring’
(This story originally appeared on CFO.com.) By Eric Segal The recent bankruptcy of FTX, one of the world’s largest cryptocurrency exchanges, underscores the need for companies in the fintech/crypto industry to develop and install robust internal controls and finance processes. FTX, led by 30-year-old Sam Bankman-Fried who has since resigned, was once valued at $32… Continue reading How CFOs Can Make Crypto Less Cryptic, More ‘Boring’
Audit Readiness: Choose Reward Over Risk This Year
Are you ready for the audit season? We advise our clients all the time to profit from our experience by helping them prepare annual financial statements, notes and work papers in advance of an audit. Being prepared for your next audit is part of our sage advice. With our Audit Readiness service, we can help… Continue reading Audit Readiness: Choose Reward Over Risk This Year
CFO’s Q4 Checklist: 6 Things To Clean Up
(This story originally appeared on CFO magazine’s website.) By Eric Segal For a CFO, the fourth quarter brings a lot of stress not normally felt throughout the year. First, there’s the budget for next year, and then, the year-end close, and completing any tax driven transactions. But there’s one item, which is often given short… Continue reading CFO’s Q4 Checklist: 6 Things To Clean Up