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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals. However, they still have a place in corporate finance and accounting.

Finance 95
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IFRS 16: How to enable a smooth transition

Future CFO

IFRS 16, published by the International Accounting Standards Board (IABS), came into effect on January 1, 2019. Most organizations operating in Asia Pacific are aware of this new standard but may not be aware of a better way to make the transition.

IFRS 52
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The Changing Role of CFOs in a Technology-Driven World

Bramasol

Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economy™ (DSE), carbon-accounting mandates, a rising emphasis on artificial intelligence, and other disruptive trends, the role of Chief Financial Officer (CFO) is undergoing radical transformation too.

IFRS 94
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TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals. However, they still have a place in corporate finance and accounting.

Finance 52
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How to Prepare for a Financial Audit

CFO Share

This article includes small business accounting tips to prepare for an audit while minimizing its expenses and findings. An audit evaluates: Compliance with accounting standards (GAAP or IFRS.) Consider them accounting tips from unbiased outsiders customized for your business. What Do Financial Auditors Look For?

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Closing The Books, With An Eye On Process And Automation

PYMNTS

In a survey conducted by the Institute of Management Accountants (IMA), and sponsored by Blackline, titled “Process Automation in Accounting and Finance,” examining the attitudes and concerns of 750 financial professionals surrounding accounting and month-end closing processes, manual activities remain prevalent — at the cost of time and money.

IFRS 74