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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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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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The Relationship Between a Fractional CFO and Your Public Accounting Firm

Beacon CFO Plus

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively.

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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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BlackLine launches Journals Risk Analyser for finance leaders

Future CFO

launched its generative artificial intelligence -powered Journals Risk Analyser, empowering finance and accounting leaders with anomaly detection. The new technological advancement paves way for powerful insights and trends to help out finance professionals to streamline audits and boost risk management and compliance.

Finance 52
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What are top concerns of auditors in 2023?

Future CFO

Cyberthreats and IT governance are among the top concerns of auditors in 2023, said Gartner recently when releasing the Gartner 2023 Audit Plan Hot Spots Report. Third-party risk management. Workforce management. According to Gartner, the top concerns of auditors are as follows: • Cyberthreats. • IT governance.

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Financial Accounting Hierarchy - By JP Puchulu

Boston Startup CFO

Financial accounting: A topic that can easily disorient even the most driven entrepreneurs. Fortunately, we present you with a compass – a diagram that demystifies the functions of financial accounting. In this tier, a double-entry accounting system is employed to ensure the accurate recording of all transactions.