CFO Leadership

OCTOBER 18, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. 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.

Finance 52

Finance Accounting Auditing IFRS 52

Spreadym

AUGUST 17, 2023

A financial reporting dashboard is a visual representation of financial data and key performance indicators (KPIs) presented in a consolidated and easily digestible format. This allows for a personalized view of the financial data. This helps users stay informed about critical changes in financial metrics.

Financial Reporting 52

Financial Reporting CFO Cash Flow Forecasting Budgeting 52

Michigan CFO

AUGUST 1, 2021

This frustration always leads to the question: is it better to hire a controller vs. a CFO ? More importantly, what is the difference between a controller vs. a CFO ? Knowing the answer to this question is essential for the financial future of your company. CFOs most often have an accounting and finance background.

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CFO Leadership Accounting Finance 52

The Finance Weekly

NOVEMBER 6, 2022

CFOs are well experienced finance professionals who know how to lead their team and the finance company through many different scenarios. Supposing a CFO has a couple years of experience, they have been through many ups and downs, uncertainties, and market changes that would have left them prepared for future challenges.

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CFO Communication Finance Leadership 98

Future CFO

FEBRUARY 15, 2021

BlackLine recently published a report titled, Finance & Accounting: in a Post-COVID World: Navigating the Changing Landscape. At a recent roundtable, one CFO commented she can’t recall a period in recent years where her team had done so many “what if” analysis than in 2020. The visibility conundrum. Thinking automation is passe. “We

Financial Data 52

Financial Data Finance Benchmarking CFO 52

Michigan CFO

JUNE 7, 2023

In today’s ever-evolving business landscape, the role of the Chief Financial Officer (CFO) has become crucial for effective financial management and decision-making. However, not all businesses have the resources or the need for a full-time, in-house CFO. This is where virtual CFOs come into play.

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CFO Problem Solving Budgeting Communication 52

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? Well, CEOs are cluing in on the fact that having a financial expert on board can steer their ship in the right direction and spur business growth. AMRSQ) stock valued at over $8.

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CFO Finance Forecasting GAAP 97

Future CFO

NOVEMBER 8, 2023

For companies starting out in the business, some resort to hiring fractional chief financial officers to share their expertise in finance, strategic planning, and other CFO-related activities. Data presented as trends and patterns The best CFOs don't just provide accurate data for your review.

CFO 52

CFO Strategic Planning Forecasting Planning 52

Future CFO

FEBRUARY 4, 2024

While the idea of using data automation and predictive analytics for business transformation is not new, what sets GenAI apart from other data technologies is its ability to generate personalised recommendations and content based on the real-time analysis of large, unstructured datasets.

Finance 98

Finance CFO Leadership Risk Management 98

The CFO College

AUGUST 31, 2021

If company owners don’t have a realistic view of their financials and are not set up for capital raising, reports, and tax prep, their dream may fade away before they ever get a chance to open their doors. As an accountant or bookkeeper, you can help prevent startups from going under or losing profitability. And much more.

Startups 81

Startups Accounting General Ledger Forecasting 81

The Charity CFO

AUGUST 15, 2023

Myths of Nonprofit Accounting and Why They Matter to Job Seekers Unfortunately, many job seekers fall victim to the stereotypes and believe the myths surrounding nonprofit accounting. In this section, we will debunk the three most common nonprofit accounting myths. Ready to dive deep into this exciting realm?

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

CFO Talks

JUNE 8, 2022

Over the last few years, the role of the CFO has undergone a profound shift. The CFO of today and tomorrow should be able to take financial data and use it to influence operational decision-making and strategy. . “ It’s a much broader role and that’s probably why you see CFOs getting ready to step into the role as CEO.”

CFO 52

CFO Budgeting Construction Leadership 52

Future CFO

JANUARY 25, 2024

Ronald Wong , ASEAN financial accounting services leader at Ernst & Young , said that in a rapidly changing business landscape, chief financial officers face the challenge of meeting contradictory demands amid market shifts, competition, and cost pressures. The last one relates to the evolving role of the CFO.

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CFO Finance Leadership Investments 94

Future CFO

OCTOBER 20, 2021

The CFO role requires certain traits and skills, said Woranat Dumrongsiri (pictured), Country CFO, Deloitte Thailand and Deloitte Laos during an interview with FutureCFO for the publication’s Female Leadership in Finance Series. Woranat Dumrongsiri, Country CFO, Deloitte Thailand and Deloitte Laos.

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CFO Leadership Finance Problem Solving 52

CFO Leadership

JANUARY 25, 2024

Automate Finance Fundamentals Particularly as businesses grapple with the accountant shortage , automation is key to get the work done and, just as importantly, attract and retain talent. High-impact areas to automate include invoice processing, the financial close, and internal controls. Here’s a sampling.

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CFO Invoicing Cash Management Forecasting 52

Bramasol

SEPTEMBER 29, 2023

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

IFRS Technology SAP Compliance 94

The Charity CFO

FEBRUARY 27, 2023

First things first: Treasurers aren’t accountants. A position to oversee finances may sound a lot like an accountant, but there are important distinctions between the two. Many nonprofits do not have in-house accountants and choose to outsource instead. Strategy involves using financial data and reports to make sound decisions.

Nonprofit 52

Nonprofit Compliance CFO Leadership 52

Jedox Finance

SEPTEMBER 10, 2020

It provides CFOs the line of sight to maximize top-line and limit discretionary spending, which is something an annual budget cannot achieve. This allows CFOs to stay laser-focused on triggers and initiatives that account for most of their business value. The post Unshackling the CFO From a Legacy appeared first on Jedox.

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CFO Forecasting Budgeting Financial Modeling 69

Future CFO

DECEMBER 18, 2022

In the coming year, CFOs will be expected to focus on helping their companies build resilience – whether through critical decision-making backed by a real-time view of financial data, or ensuring competitive advantage with digital transformation and sustainability initiatives. Driving sustainability reporting and accountability.

Economics 98

Economics CFO Leadership Financial Data 98

Future CFO

JUNE 13, 2022

Grace Lim (pictured), CFO at KK Women's & Children's Hospital (KKH) in Singapore shared with FutureCFO audiences how female finance executives could become CFOs. This article is part of FutureCFO's Female Leadership in Finance Series. Grace Lim, CFO, KK Women's & Children's Hospital.

Healthcare 52

Healthcare CFO Leadership Finance 52

Fpanda Club

SEPTEMBER 2, 2021

Planning, budgeting and forecasting are linked together forming financial planning processes. Financial analysis is a type of economic analysis based on the financial data and focused on the assessment of stability and evaluation of profitability of a company, business or project.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Budgeting 130

The Charity CFO

MAY 11, 2023

When utilizing outsourced accounting services, you only pay for the services you need and you may have access to more premium software than you could purchase on your in-house budget. Outsourced bookkeeping can provide peace of mind knowing experts are on top of the accounting so your staff can focus on what matters most.

Nonprofit 52

Nonprofit Communication Auditing GAAP 52

The Finance Weekly

FEBRUARY 8, 2023

The past month has seen a flurry of , CFO moves , indicating these executives' critical role in steering organizations toward stability and success. With this in mind, it's important for CFOs to stay ahead of the curve and adapt to , new trends and , challenges. Holscott previously served as CFO at Warner Media.

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CFO Prioritization Finance Communication 52

Future CFO

DECEMBER 8, 2022

An EY study reveals that up to 70% of financial controllers and CFOs in Singapore found an increase in demand for financial analysis and forecasts as stakeholders are increasingly interested in including non-financial data for corporate reporting. There’s also some failure around cultivating the right data culture.

Finance 98

Finance CFO Forecasting Leadership 98

Centage

MAY 8, 2023

Lowe, CPA, CGMA As a nonprofit finance leader, you are accountable to many stakeholders – especially your Board of Directors. Your role is critical and complex as you know and understand the financial operations of your organization inside and out – and are ultimately responsible. and “what is it you want us to do about it?”

Nonprofit 98

Nonprofit Budgeting CFO Finance 98

CFO News Room

DECEMBER 16, 2022

Chief Financial Officer. As a financial executive, the chief financial officer (CFO) is responsible for the financial health of an organization. The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and risk management.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

The Charity CFO

MAY 2, 2022

Reading this section of a 990 pulls back the curtain on the inner workings of your leadership team. So to start telling your story, you need reliable, accurate, and timely financial data. The Charity CFO provides expert financial guidance and streamlined and efficient accounting services to 150+ nonprofits throughout the USA.

Nonprofit 105

Nonprofit GAAP CFO Accounting 105

Future CFO

AUGUST 21, 2023

FutureCFO spoke to Robert E Parker , CFO for IBM Asia Pacific, for his perspective on how finance teams can and should take interest in the potential of AI, and arguably that waiting for the technology may not be in the best interests of the function and the company. Fraud and waste : Use Machine Learning (ML) to detect fraudulent patterns.

Finance 98

Finance Compliance Data Analysis Leverage 98

Future CFO

AUGUST 6, 2020

Dynamic forecasting gives CFOs the line of sight to maximize top-line and limit discretionary spending – something an annual budget cannot achieve. This allows CFOs to stay laser-focused on triggers and initiatives that account for most of the business value. And they did, during the first weeks of the crisis.

CFO 40

CFO Forecasting Budgeting Financial Modeling 40

Future CFO

APRIL 3, 2023

The Covid-19 pandemic showed that one of the most valuable aspects of digital transformation is how it can support the CFO in navigating the current volatile landscape through increased agility. More broadly, there is a growing expectation that the CFO can analyse any major change or risk and its impact on the business.

Finance 96

Finance Forecasting CFO Leverage 96

Future CFO

APRIL 7, 2024

Editor’s note: Wei Zheng (pictured), Finance Director, Hays Asia shed light on what matters when it comes to leadership, how you can progress to become a leader, and the biggest challenge facing finance leaders today. This interview is part of FutureCFO’s Female Leadership in Finance Series. What’s your career goal now?

Finance 52

Finance Leadership Leverage Cost Management 52

The Charity CFO

NOVEMBER 23, 2022

Financial managers often work closely with the organization’s executive director to ensure that the organization’s financial needs are met and help drive best financial practices within the organization. They handle all payroll and accounting functions and manage investments and fundraising efforts.

Nonprofit 52

Nonprofit Finance Strategic Planning Budgeting 52

Future CFO

MAY 20, 2024

FutureCFO: What excites you the most when you work with CFOs and finance functions? VW: What excites me the most is the constant evolution of the role of the CFO and the finance function—from value protection towards value creation. These are huge undertakings that need a high level of collaboration across a business.

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CFO Management Consulting Finance Communication 52

Future CFO

SEPTEMBER 8, 2022

Acknowledging the many responsibilities that a CFO already has on his or her shoulders, Quentin Fouesnant , managing director for Asia-Pacific at FiscalNote ESG Solutions , there is a synergy to having ESG as one more responsibility. The CFO needs to make sure the company is financially sound and attractive to investors.

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CFO Finance Compliance Financial Data 98

Future CFO

MARCH 11, 2021

The Women in Leadership report by Wharton noted that women occupy a significant proportion of management roles but are scarce in executive and C-Suite roles. According to Statista , women faired better at 15% in the CFOs function compared to CEO (3%) and COO (4%) in the aviation industry.

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Finance Leadership CFO Communication 52

Collectiv

DECEMBER 5, 2022

You’ll need to be able to take complex financial data and make it digestible for your clients and peers. As part of an FP&A team, you’ll regularly need to share data with clients, management, and other key stakeholders in your business. Effective communication skills are important for success in any FP&A role.

Communication 52

Communication Financial Data Finance Leadership 52

Future CFO

NOVEMBER 27, 2022

Sanjay Patil , executive partner for finance and supply chain transformation at IBM Consulting , ASEAN, says the CFO role is evolving and is now aligned with the priorities of the CEO for the organisation including improved efficiencies and customer experience. You get this whole new level of streamlined accounting and compliance processes.

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Finance CFO Compliance Auditing 52