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Beyond the numbers – accounting is still a great career for young talent

Future CFO

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?

Numbers 98
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AI unlikely to destroy significant numbers of jobs, ACCA says

Future CFO

Not a threat In the accountancy profession, ACCA views that AI is unlikely to destroy significant numbers of jobs. Smaller models built for specific domains – such as accountancy – may be more interesting, for adopters, than fine-tuning a general model. These considerations will, in part, determine the immediacy of AI’s impact.

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Accountants optimistic on digital transformation

Future CFO

Accountants are optimistic about digital transformation, including artificial intelligence, according to a survey by the Association of Chartered Certified Accountants (ACCA). The post Accountants optimistic on digital transformation appeared first on FutureCFO.

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MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

This new post provides a deeper look at how the leasing of medical equipment along with other bundled services or products presents particular challenges for meshing contracts and lessor accounting with DSE management and revenue recognition. According to Allied Market Research, "The global medical equipment rental market was valued at $56.0

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Why the old-school CFO’s days are numbered

Future CFO

The numbers don’t lie -- or so the saying goes – but they rarely tell the whole story either, just like how the Chief Financial Officer (CFO) encompasses more than just finance and accounting. It used to be pretty much all about the numbers – but the narrative has changed. There I was, a CFO at 40 years old.

Numbers 52
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Deep Dive: Why Leveraging Biometrics Can Ease FIs’ $4B ATO Problem

PYMNTS

Account takeovers (ATOs) are a growing source of pain for financial institutions (FIs) and their customers, with losses from these attacks rising 164 percent in 2018. Some of these attacks see bots entering random words and numbers, while others involve entering common usernames and passwords. Understanding ATOs.

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Weekend Reading For Financial Planners (May 4-5)

Nerd's Eye View

At the same time, the study found that potential breakaway brokers view the operational and compliance requirements of transitioning to and doing business as an RIA as a major concern, which could lead some of them to either leverage the growing number of service providers available to RIAs, or perhaps join an existing corporate RIA platform to take (..)