The accounting department may not be the most glamorous of finance functions, but it is arguably the most vital to a business’s success. CFOs certainly understand this and know that a good accounting strategy can make or break an enterprise’s plans for the future. And with the emergence of more powerful accounting tools that can either eliminate or elevate current ERP systems in order to better provide up-to-the-minute data and insights, this has never been more true.
With new options come tough decisions, and CFOs are often left wondering which systems and tools are worth the investment. Which ERP systems are in need an overhaul and which are running adequately without an expensive upgrade? Similarly, what are the benefits of data analytics software, and is it a necessary expense for internal auditors?
In addition to questions about budget allocation, this eBook will address other accounting-related concerns that CFOs face. For example, what is the current status of FASB regulations and what other potential impact can Congress have on accounting standards? Also finance chiefs should certainly keep abreast of recent SEC developments, as well as “what not to do” lessons that have made headlines.
This eBook will cover all these topics and more in order to help CFOs keep their accounting departments running smoothly and strategically. Understanding the accounting environment today, as well as the tools at your disposal, can help to make you a better accounting leader for the future.
Topics covered in this CFO eBook include:
How new accounting technology can help you and your finance team to more easily keep up with compliance standards;
How to calculate the ROI of replacing your current ERP systems;
How internal auditors can benefit from the visibility and capabilities of data analytics;
Recent accounting-fraud developments and news about the SEC;
The hiring practices you need to implement within your accounting department in order to attract and retain the best and brightest; and
Recent developments from the FASB and what they could mean for your company.