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Supporting finance teams' risk management processes

Future CFO

Providing support to an organisation's finance team is a must in intensifying the focus on risk management. In the Association of Chartered Certified Accountants' Rethinking Public Financial Management report, 73.4% of respondents believed risks to their organisations would increase in the future.

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Digital acceleration to drive finance leadership in 2022

Future CFO

In these regards, CFOs will seek people with traditional financial skills, in addition to interpersonal skills like leadership, empathy, and adaptability, and cognitive skills like critical thinking, project management and decision-making. The post Digital acceleration to drive finance leadership in 2022 appeared first on FutureCFO.

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From CA to CFO: Navigating the competency framework

CFO Talks

The journey from a Chartered Accountant (CA) to a Chief Financial Officer (CFO) is a transformative one, requiring a shift from technical expertise to strategic leadership. It identifies 34 competencies structured within the four general roles of a CFO: Steward This role focuses on accounting, control, risk management, and asset preservation.

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How to Improve Risk Management Through Scenario Planning

The Finance Weekly

Don’t let scenarios muddy communications: Leaders can use scenarios without abdicating their leadership responsibilities but should not communicate with the organization via scenarios. Anyone in an executive position in an organization must provide clear and inspiring leadership.

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CFOs as overseers of digital transformation

Future CFO

Jackson Ng Ng thinks the CFO oversees the implementation of robust financial controls and risk management strategies to safeguard the organisation throughout the transformation journey. Overlooking cybersecurity risks or neglecting to implement adequate safeguards can expose the company to potential threats,” Ng says.

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Turning challenges into opportunities: being a financial controller in 2024

Future CFO

The Coffee Bean & Tea Leaf ), says the appeal of the financial controller position lies in blending analytical depth with visionary leadership, overseeing financial strategies across sectors. It’s also the risk management part of the role that keeps the role exciting, crucial, and a continuous growth area,” Ramon adds.

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ACCA: CFOs must build trust in AI

Future CFO

Boardroom leadership, including chief financial officers, needs to manage artificial intelligence risks to drive trust, according to the Association of Chartered Certified Accountants. Financial leaders and controllers will have to be confident about the adequacy of oversight and controls of AI systems.