CFOs see brighter economic prospects: survey
CFO Dive
AUGUST 2, 2023
Optimism in the economic outlook is far stronger in North America than in Europe and Asia, according to two accounting organizations.
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CFO Dive
AUGUST 2, 2023
Optimism in the economic outlook is far stronger in North America than in Europe and Asia, according to two accounting organizations.
CFO Talks
SEPTEMBER 7, 2023
Finding enlightenment in Indian While attending last year’s International Federation of Accountants conference in India, Nicolaas van Wyk, CIBA’s CEO, came across an enlightening idea. “There were about 30 to 40 000 accountants, mostly from India. We want to move the focus of the CFO towards Africa. It was like a mantra.
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Future CFO
APRIL 14, 2024
Economic confidence among chief financial officers declined moderately in the first quarter of 2024 and is slightly below its historical average, according to a recent study by the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA).
CFO News Room
JANUARY 23, 2023
based company on Monday said Patrick Hallinan will become CFO, effective April 6. Mr. Hallinan will remain CFO at Fortune Brands until March 2. the previous CFO, was elevated to chief executive officer. Stanley Black & Decker Inc. appointed the chief financial officer of Fortune Brands Innovations Inc.
Future CFO
FEBRUARY 27, 2024
For the accountancy profession, transformation has always been a part of the process, let alone the manner of life. For Harding, the accountancy profession, through its history, has continually adapted and seized future opportunities. “A
Future CFO
MARCH 24, 2024
Last year, Finance Minister Lawrence Wong highlighted that the number of people pursuing accounting degrees has dropped by over 10 per cent over the past five years, and fewer accounting graduates go on to take up careers in the profession. Is the accounting profession losing its appeal? In fact, they can be heroes too.
Future CFO
DECEMBER 3, 2023
The IDC InfoBrief, The Evolving Role of the CFO in 2023 , revealed that more than 80% of manufacturing and distribution organisations surveyed agreed that today’s economic uncertainty has "significantly" elevated the importance of the CFO in driving strategy and technology optimization initiatives.
Future CFO
JANUARY 1, 2024
The study, which asked 200 manufacturing and distribution organisations with revenues between US$100 million and US$1 billion, revealed that more than 80% of the respondents believe today's economic uncertainty has significantly elevated the importance of the CFO in bringing in strategies and technology optimisation initiatives.
Future CFO
JANUARY 20, 2022
Economic confidence among finance and accounting professionals fell by 12 points in Q4 2021, due to the rapid spread of the Omicron Covid-19 strain, said ACCA recently when releasing a survey jointly conducted with the Institute of Management Accountants (IMA). Survey highlights.
Jedox Finance
APRIL 16, 2020
Dean Boyer as a guest to the Jedox Blog for our series on “Managing Uncertainty” Mr. Boyer is a Director of Technology Services at Marks Paneth LLP, a premier accounting firm based in the United States. He shares his expertise on how an EPM solution supports managing economic uncertainty, particularly in times of crisis.
CFO Talks
OCTOBER 25, 2023
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. Transitioning from CA to CFO The transition from CA to CFO is not just about acquiring new skills but also about evolving one’s mindset.
Future CFO
JUNE 5, 2023
The CFO role continues to evolve, with the new generation of finance leaders driving broader view of business performance and purpose, said ACCA recently. To be successful and sustainable, businesses and other organisations increasingly need to combine economic, environmental and social equity, said ACCA.
CFO News Room
FEBRUARY 2, 2023
Investing in a guaranteed interest account is a great way to secure your money, as there is very little risk. Guaranteed interest accounts provide reliable, consistent returns and can be used for short-term savings or to supplement other investments in your portfolio. Guaranteed interest accounts offer a stable rate of return.
The Finance Weekly
JANUARY 18, 2024
The traditional definition of a CFO is that he or she is the senior manager of all things financial for a company or corporation. The CFO monitors the company’s cash flow, analyzes its financial health, suggests recommendations for possible improvement, and oversees the company’s financial accounting, including timely and accurate reporting.
Future CFO
JANUARY 22, 2024
The accounting industry is undergoing profound transformation due to rapid technological advancements across all sectors in the market. Changes from manual record-keeping to sophisticated software solutions has undeniably shifted the accounting landscape, bringing in an era of heightened efficiency and accuracy.
Future CFO
JUNE 27, 2023
The global economic outlook is improving though recovery is expected to be weak, said OECD recently. According to the OECD’s latest Economic Outlook, a moderation of global GDP growth from 3.3% Global economic outlook highlights Headline inflation in the OECD is projected to decline from 9.4% in 2022 to 2.7% in 2022 to 6.6%
Future CFO
FEBRUARY 11, 2024
As a result of ongoing inflation, economic disruption, and the lowest growth project from The International Monetary Fund (IMF) since 1990, many Accounts Payable (AP) departments are being tasked with driving cost reductions and improving operational efficiency to increase company profitability and workforce productivity.
The Finance Weekly
MAY 4, 2023
Now, more than ever, the decisions made by the CFO are likely to affect the performance of the entire organization. In this article, we have compiled a list of some of the CFO moves that took place in April. CFO Pros on the Move April 2023 Jiajia Wu | Hyzon Motors , Jiajia Wu has been appointed as the interim CFO at Hyzon Motors.
CFO Thought Leader
MAY 21, 2023
While chief accountant for the SEC’s investment management division, Alison Staloch reports, she found herself being greeted by a degree of inclusive enthusiasm that she had seldom encountered before. Says Staloch: “At the time, I still had thoughts about going back to public accounting. I thought to myself, ‘Wow!—this
Future CFO
JANUARY 21, 2024
Cost pressure amid global economic shifts has become a top concern for 58% of SMEs as they also face workforce challenges, said ACCA recently when releasing results of a survey. “As It also encourages SMEs to develop and retain top talent through continuous learning and development opportunities, the accountancy body added.
CFO Leadership
AUGUST 12, 2021
The CFO Leadership Council proudly highlights our very first ten Diversity, Equity, and Inclusion Ascend Honorees! The Ascend program is an opportunity for Senior Finance Executives from underrepresented groups to join The CFO Leadership Council. Fisher Senior VP & CFO American Hospital Association. Christina Y. Christina Y.
Future CFO
JANUARY 29, 2020
Economic crime costs the world $3.5 Economic growth flourishes on technological advances while criminal activity also responds and reacts and the opportunity that criminals exploit creates challenges for regulators, legitimate businesses and their customers, auditors and advisers alike,” he said.
CFO News Room
NOVEMBER 11, 2022
That skewing can affect valuation and pricing judgments about these firms, and correcting accounting inconsistencies is a key step towards leveling the playing field. I am not an accountant, and have no desire to be one, but I have used their output (accounting statements) as raw material in valuation and corporate finance.
Future CFO
APRIL 23, 2023
Economic confidence rises as clear signs of business improvement emerge, said ACCA recently. While the accountancy body’s Q1 2023 Global Economic Conditions Survey (GECS) shows confidence lower than a year ago, it rose for the third consecutive quarter as fears fade over the prospects of a recession in 2023.
Future CFO
JANUARY 26, 2024
The outcome is boosted efficiency, increased accuracy, cost reduction, and stronger supplier relationships—a game-changer in Accounts Payable that allows finance leaders to navigate uncertain economic conditions and elections with confidence. The post Transforming accounts payable operations through AI appeared first on FutureCFO.
CFO Share
AUGUST 8, 2023
The Chief Financial Officer (CFO) acts as your seasoned mountaineer, guiding your business towards its financial peak. This is where an outsourced CFO (aka fractional CFO) steps in, keeping your expedition moving toward the summit without delay. What are the Duties of an Outsourced CFO?
Future CFO
FEBRUARY 11, 2024
David W Duffy To set the baseline straight, the Corporate Governance Institute (CGI) defines sustainability as a holistic approach that considers the interplay between the three dimensions of environmental, social, and economic impacts. CFO and Chief Sustainability Officers can access micro-sector-specific tools as well as guidebooks.
CFO News
DECEMBER 14, 2023
With her sixth Budget presentation scheduled for February—a vote-on-account ahead of the 2024 general elections—the groundwork for sustained growth and resilience in the next fiscal hinges on current economic dynamics.
VCFO
MAY 14, 2022
The vcfo team continues to expand with the recent addition of Consulting CFO Elbert Johnson. Prior to joining vcfo, Elbert’s career includes Controller, CFO, and Vice President positions for organizations such as NBG Home, Premier Designs, Inc., Missouri Walnut, and Advanced Sleep. About vcfo.
CFO Thought Leader
MAY 23, 2023
Read More So a portion of my team, our disclosure, were disclosure, review accountants, and under the Sarbanes Oxley act, regulators are required to review the financial statements of every issue, or every three years. And this included the portfolio of registrants and their data that my office was assigned to review.
Future CFO
APRIL 6, 2022
Finance and accounting professionals are worried about operating costs, said ACCA and IMA recently when releasing the latest edition of the Global Economic Conditions Survey (GECS). Other economic activity indicators, such as employment and capital spending improved.
VCFO
JULY 22, 2022
ASC 842 is a new accounting standard set forth by the Financial Accounting Standards Board (FASB). These impacts will include major changes to accounting practices and financial reporting, as well as increased scrutiny of contracts, service agreements, and all leases starting now and moving forward. A Lease or Not a Lease?
CFO Thought Leader
MAY 23, 2023
In the end, the client rewarded Healy with the project, a feat that speaks highly of Healy’s ability not only to pitch, but also to negotiate—which the CFO admits may well be his greatest skillset. As you probably know, cement and concrete production accounts for approximately 8% of worldwide carbon emissions. Think about this: 8%!
CFO News
MAY 31, 2023
Enthused by higher than expected GDP number in the fourth quarter of FY23, Chief Economic Adviser V Anantha Nageswaran on Wednesday said India can look for another year of solid economic performance. per cent on account of better performance by agriculture, manufacturing, mining and construction sectors.
CFO Thought Leader
AUGUST 14, 2023
If Paystand CFO Scott Bennion were to break his three-decade-long finance career into different chapters, the software finance leader would likely agree that he and many of his peers have recently opened a new one. and the Hands of Time | Scott Bennion, CFO, Paystand appeared first on CFO THOUGHT LEADER, CFO, Finance, Leadership, CPA.
Future CFO
FEBRUARY 19, 2020
There are three major long-term global economic issues, said ACCA , which recently published a related report together with the Institute of Management Accountants. But it has not been a success - it has failed to deliver the real economic convergence among its members claimed for it at the outset, the accountancy body pointed out.
CFO Selections
AUGUST 16, 2023
Last year had been dubbed The Year of the Controller by financial recruiters because demand for the position dramatically increased amid uncertain economic times and increased accounting needs at many organizations.
CFO Thought Leader
JUNE 27, 2023
–Jack Swee ney “CFOs tend to be finance or accounting specialists—which is logical—but once you’re in the seat, you realize that it is a much more operationally oriented role. ” – Chuck Fisher, CFO, Turo CFOTL: Tell us about Turo … what does this company do, and what are its offerings today?
CFO Thought Leader
OCTOBER 1, 2023
“I was involved in some of the diligence, so I was aware of what was going down several months in advance,” explains Leet, who had joined ExactTarget in 2006, as he vividly recalls for us the company’s impressive climb upward—along with its disappointing 2007 decision to pull its IPO due to Wall Street’s economic collapse.
The Finance Weekly
MARCH 25, 2024
Big companies used to hog all the CFO action, but now even small and medium-sized businesses are jumping on the bandwagon. Why the sudden CFO craze? In a nutshell, companies are starting to view CFOs as smart investments rather than just expenses. Highest Paid CFOs in the World in 2024 1. AMRSQ) stock valued at over $8.
Future CFO
OCTOBER 17, 2022
The global economic growth prediction has been revised downward by 0.2 percentage points to 2.7%, said IMF recently when releasing its World Economic Outlook October 2022. Overall, this year’s shocks will re-open economic wounds that were only partially healed post-pandemic. Outlook highlights. percent in 2023.
CFO Share
APRIL 2, 2024
You may find yourself at a crossroads: should you hire an in-house finance manager or an outsourced Chief Financial Officer (CFO)? What are Outsourced CFOs? CFO outsourcing can cover all tasks an in-house CFO, Finance Director, Controller and accounting team might perform for a small business. In-house Finance Mgr.
CFO Thought Leader
JUNE 10, 2023
In the ensuing months at Redbox, Aronson dug into the numbers and began to educate others on the true economics of Blu-ray versus SD and the practices that optimized the buying and allocation of Blu-ray discs at Redbox. She would subsequently join Redbox’s strategy team after having completed an MBA degree.
PYMNTS
JANUARY 15, 2021
15) that showed the impact from the pandemic and economic headwinds were not as bad as might have been feared earlier in the year – but caution is still warranted. But the bank, as noted in statements by CEO Jamie Dimon, is positioning itself for significant near-term economic uncertainty. billion that accrued to the bottom line.
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