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From a Press Release dated July 31, 2025, Costa Mesa, California Experian recently announced the launch of the Experian Assistant for Model RiskManagement , an AI-powered solution designed to help financial institutions manage and govern their models more efficiently throughout the entire model development lifecycle.
financialreporting leaders indicated in a KPMG study that ethical concerns, such as bias or misinformation, are a barrier to AI adoption — down from 48% in 2023. financialreporting leaders reported that risks from using algorithms without human oversight are a barrier — down from over half (51%) in 2023.
I then applied for a Junior Accountant position and pursued further studies to support that career shift. I was quickly promoted to Finance Manager, which challenged me to adapt rapidly as I found myself navigating complex responsibilities. My career began as an admin clerk and bookkeeper, roles that left me feeling unfulfilled.
Deep Dive Opinion Library Events Press Releases Topics Subscribe Search Subscribe Search Strategy & Operations FinancialReporting Compliance Technology Treasury RiskManagement Leadership An article from Instant paychecks pose moral dilemma for Yooz CFO The accounts payable software company may offer earned wage access benefits to employees.
Did you know that 35% of organizations identify data quality and timeliness as significant barriers to effective financial planning and analysis (FP&A)? This issue hampers forecasting accuracy, riskmanagement, and resource allocation. Why this matters: Improves expense tracking and financial forecasting.
While AI automates routine tasks such as reconciliation and reporting, it does not eliminate the need for finance professionals—it redefines it. This shifts accountability back to finance teams, who must now master data governance, predictive analytics, and data integrity.
These experiences introduced me to the broader business world and significantly accelerated my career. Following my articles, I moved into the corporate sector as a Group Accountant at Datacentrix, gaining insight into private sector finance. What key skills should a newly qualified accountant develop on their path to becoming a CFO?
Start with high-priority items like accounts receivable (A/R) aging, inventory details, and accrued liabilities—elements that form the basis of early audit steps. Strengthening Internal Controls and RiskManagement Internal controls form the backbone of audit readiness.
By 2025, the traditional image of number-crunching accountants confined to back offices will be a relic of the past. CFOs, controllers, and managementaccountants must embrace agility and foresight to thrive in this dynamic environment. This doesn't necessarily translate to job losses, but rather a shift in required skills.
Brown via Getty Images Opinion The Ben Affleck accounting shortage hack “The Accountant” movie from 2016 is loved by many CPAs. Will the new sequel and the franchise’s drama help attract more young people to the accounting profession? You can unsubscribe at anytime.
When you’re making small-talk with someone who isn’t in finance or accounting about how work is going, and they answer with “busy,” do you ever question how hard it really is? They have a five person accounting team who spend an unwieldy amount of time dumping data from NetSuite into Excel. All involving Excel data manipulation.
Establishing Financial Credibility as a Foundation The first step in rebuilding market confidence is to restore the reliability of financial information. If the scandal involved misreporting, aggressive accounting policies, or deliberate manipulation of results, the damage to the organisation’s credibility will be severe.
Despite these favorable conditions, successful IPOs require meticulous preparation, robust financialreporting, and a governance framework that instills investor confidence. Companies must ensure they are operationally, financially, and strategically ready for the transition to public markets.
But in the back of your mind, you know the hard work starts now, because you, as CFO, are the one who must bring order to financial chaos in a world that speaks many accounting languages, follows different rules, and operates on different calendars. Before setting up shop, understand: Which financialreporting standards apply (e.g.
This means leading by example, ensuring policies reflect ethical principles, and holding everyone accountable to high moral standards. Businesses that engage in unethical practices may gain short-term profits, but they risk losing their reputation, which can take years to rebuild. They ensure that their actions match their words.
RiskManagement: Identifying and mitigating ESG-related risks, which are increasingly recognized as indicators of potential business vulnerabilities. Transparent Reporting: Overseeing the development of robust ESG reporting mechanisms to ensure transparency and compliance with evolving regulatory frameworks.
Tax Withholding and Reporting : Managing federal, state, and local tax withholdings and filings. Basic Reporting : Providing payroll reports for your accounting and record-keeping needs. Human Resources Management : Assistance with hiring, onboarding, performance management, and compliance.
Deep Dive Opinion Library Events Press Releases Topics Subscribe Search Subscribe Search Strategy & Operations FinancialReporting Compliance Technology Treasury RiskManagement Leadership An article from Sponsored How CFOs can win the finance talent war with AI-assisted planning Published Aug. TechTarget, Inc.s
Optimizing operations with real-time AI Edge AI is transforming customer touchpoints and powering better internal operations across the financial sector. Real-time AI-driven models can detect fraud within milliseconds, reducing losses and keeping accounts safe. You can unsubscribe at anytime. Registered in England and Wales.
You can unsubscribe at anytime. With this renewed momentum, we remain optimistic about the remainder of 2025, assuming broader economic indicators remain stable,” Gerring said. Registered in England and Wales. TechTarget, Inc.s registered office is 275 Grove St. Newton, MA 02466.
expiration dates), and likely congressional action into account. You can unsubscribe at anytime. Implement a process for systematic tax planning on a quarterly basis, which takes existing rules, scheduled changes (e.g., Registered in England and Wales. TechTarget, Inc.s registered office is 275 Grove St. Newton, MA 02466.
Although the GENIUS Act helped to establish clear guidelines for stablecoin issuance, questions regarding cryptocurrency accounting and compliance still linger for CFOs. With the Trump administration embracing digital assets, finance leaders need to get educated on the potential risk and reward of cryptocurrencies and stablecoins.
Brown via Getty Images Opinion The Ben Affleck accounting shortage hack “The Accountant” movie from 2016 is loved by many CPAs. Will the new sequel and the franchise’s drama help attract more young people to the accounting profession? You can unsubscribe at anytime. Please select at least one newsletter.
M&A transactions in January through the end of May was 4,535, comparable to the year-earlier period, which saw 4,515 deals, according to the Big Four accounting firm. The report, issued before Congress passed Trump’s megabill, concluded that an M&A upswing will require more policy clarity and stability.
Ensure auditable reporting and compliance The CFO needs to work with other functions like corporate financialreporting, regulatory compliance, tax, treasury, and legal to ensure timely, auditable reporting and financialaccounting. You can unsubscribe at anytime. Registered in England and Wales.
Published July 30, 2025 Alexei Alexis Reporter post share post print email license courtneyk via Getty Images Dive Brief: Recruitment remains a pressing challenge in the accounting industry, with eight in 10 companies struggling to hire skilled professionals, according to survey results released Wednesday by finance software firm Intuit.
Brown via Getty Images Opinion The Ben Affleck accounting shortage hack “The Accountant” movie from 2016 is loved by many CPAs. Will the new sequel and the franchise’s drama help attract more young people to the accounting profession? You can unsubscribe at anytime. By Jim Tyson • May 1, 2025 Frederick M.
By CFO Dive staff • Updated July 2, 2025 Latest in FinancialReporting US corporate bankruptcies hit 15-year high in H1: S&P By Maura Webber Sadovi Southern Company names comptroller as next finance chief By Grace Noto Tariffs, meat to drive inflation, Conagra CFO says By Maura Webber Sadovi Tesla CFO offloads another $1.7M
Yet state and local government, rather than the private sector, accounted for roughly half of the hiring. Brown via Getty Images Opinion The Ben Affleck accounting shortage hack “The Accountant” movie from 2016 is loved by many CPAs. You can unsubscribe at anytime. Unemployment eased last month to 4.1% in May as U.S.
You can unsubscribe at anytime. Janet Mills, center in blue jacket, joins the Maine delegation on the second day of the Democratic National Convention at the United Center on Aug. 20, 2024 in Chicago, Illinois. Joe Raedle via Getty Images Dive Brief: Maine Gov. TechTarget, Inc.s registered office is 275 Grove St. Newton, MA 02466.
Published July 23, 2025 Jim Tyson Senior Reporter post share post print email license CFO Editorial Staff Dive Brief: T he Public Company Accounting Oversight Board sanctioned a Hong Kong accounting firm and its owner for disregarding rules and standards when auditing the books of Luckin Coffee and two other companies operating in China.
The team we are building brings a powerful mix of fresh perspectives and deep expertise, united by a clear mandate: move faster, lead with accountability and drive meaningful outcomes,” she said in a statement. “As Will the new sequel and the franchise’s drama help attract more young people to the accounting profession?
Editors picks Stringer via Getty Images Deep Dive 7 CFO tips for thriving despite ‘perma-crisis’ turmoil “Foundational rules for riskmanagement have been fundamentally altered forever,” the former CEO of the Institute of Internal Auditors said. You can unsubscribe at anytime. By Jim Tyson • June 17, 2025 Frederick M.
When youre running a nonprofit, its tempting to think of accounting as something you can get by withmaybe its a part-time admin, a volunteer with QuickBooks experience, or a reactive scramble at tax time. But heres the truth: If your organization doesnt have a skilled accounting team, you dont just have a bookkeeping problem.
Editors picks Zach Gibson via Getty Images House committee votes to scuttle PCAOB, make SEC auditor watchdog Democrats on the Financial Services Committee condemned efforts to eliminate the PCAOB, quoting Republicans who championed creation of the board in 2002. You can unsubscribe at anytime. Registered in England and Wales. TechTarget, Inc.s
Published July 8, 2025 Eric Geller Senior Reporter post share post print email license SolarWinds recently settled with the SEC over charges that it misled investors about its cyber vulnerabilities. “So So far, the SEC has not moved to rescind the rule requiring cybersecurity disclosures in annual and periodic reports,” he said.
The compromised data varied by customer and account, but may have included full names, email addresses, mailing addresses, phone numbers, social security numbers, dates of birth, and AT&T account numbers and passcodes, according to a set of frequently asked questions published by the company at the time. Editors picks Frederick M.
You can unsubscribe at anytime. Most Popular Autonomous finance will arrive within three years: Ramp CEO Fastly taps new CFO amid record revenue Peloton to shrink workforce by 6% in cost-cutting effort Voter confidence in U.S. Registered in England and Wales. TechTarget, Inc.s registered office is 275 Grove St. Newton, MA 02466.
Andrew Harnik via Getty Images Dive Brief: CFO confidence plummeted in the second quarter of the year amid economic headwinds and geopolitical uncertainty , according to a Deloitte report released Tuesday. You can unsubscribe at anytime. The number is at its lowest level since the third quarter of last year. Canada and Mexico last month.
Brown via Getty Images Opinion The Ben Affleck accounting shortage hack “The Accountant” movie from 2016 is loved by many CPAs. Will the new sequel and the franchise’s drama help attract more young people to the accounting profession? You can unsubscribe at anytime. Registered in England and Wales.
Brown via Getty Images Opinion The Ben Affleck accounting shortage hack “The Accountant” movie from 2016 is loved by many CPAs. Will the new sequel and the franchise’s drama help attract more young people to the accounting profession? You can unsubscribe at anytime. Registered in England and Wales.
Published July 22, 2025 Alexei Alexis Reporter post share post print email license Gorodenkoff via Getty Images Dive Brief: Most organizations still treat cybersecurity as an information technology concern, giving little weight to finance and other considerations, according to a recent study commissioned by cybersecurity firm Qualys.
Editors picks Stringer via Getty Images Deep Dive 7 CFO tips for thriving despite ‘perma-crisis’ turmoil “Foundational rules for riskmanagement have been fundamentally altered forever,” the former CEO of the Institute of Internal Auditors said. You can unsubscribe at anytime. million, according to the SEC filing.
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