CFO Dive

APRIL 22, 2022

Companies hiring for jobs in accounting and finance increasingly value recent graduates with technological skills, AICPA said.

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CFO Plans

MAY 2, 2024

When it comes to revolutionizing your financial management, finding the right accounting partner is a critical decision. This introspection will guide you towards the ideal accounting partner that aligns with your unique needs. Look for an accounting partner that values open communication, responsiveness, and proactive problem-solving.

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Future CFO

APRIL 1, 2024

Embracing technology has been proven an imperative among firms to remain relevant in talent attraction and acquisition. This is among the findings of a joint survey by the Association of Chartered Certified Accountants and the Chartered Accountants Australia and New Zealand.

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Future CFO

FEBRUARY 26, 2024

Acceptance of new technology among accounting staff within organisations dramatically reduces error rates, according to Gartner Inc. This observation follows Gartner's recent survey which found that 18% of accountants make financial errors at least daily, and a third commit at least a few financial errors every week.

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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?

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Future CFO

MARCH 14, 2024

Talent shortage among accounting staff continues to persist in many parts of the world including Southeast Asia, with the issue being most felt by small accounting firms that struggle to compete with the big accounting firms: KPMG , PwC , Ernst & Young , and Deloitte.

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The Charity CFO

APRIL 1, 2024

Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. You’ll need to use the right technology systems to get these benefits.

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Future CFO

APRIL 28, 2024

One of the five agendas that the Association of Chartered Certified Accountants (ACCA) identified for finance professionals to create a a better, fairer, and more sustainable world is the importance of understanding the benefits of artificial intelligence in the accountancy profession.

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Future CFO

APRIL 18, 2024

The Institute of Singapore Chartered Accountants (ISCA) launched an Accelerated Pathway Programme (APP) for accountancy degree students to become a Chartered Accountant of Singapore [CA (Singapore)] through a fast-track route. The APP is one of the schemes which will support those who are keen to pursue accountancy.

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Future CFO

OCTOBER 22, 2023

Cloud accounting is rapidly gaining popularity among chartered accountants as digital technology advancements and the growth of cloud computing continue in today's world, posing opportunities for companies for innovation. Meanwhile, as with most advancements in technology, challenges come in along with the innovation.

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CFO Leadership

APRIL 2, 2024

The start of 2024 saw several high-profile accounting mistakes with companies having to publicly correct their quarterly earnings statements. While the specific causes of the errors were unclear, the incidents had many pointing the finger at a burgeoning risk factor: the shortage of certified public accountants.

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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.

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Future CFO

MARCH 27, 2024

Despite concerted efforts, the accountancy profession is struggling to attract and retain talent , and at the same time is facing declining number of entrants, a joint study by the Association of Chartered Certified Accountants and the Chartered Accountants Australia and New Zealand finds. Embrace technology to remain relevant.

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Future CFO

JANUARY 23, 2024

In the world we live in today, technological advancements play a crucial role in talent retention , even in the finance function. While it is not an obvious point to see at first, the finance team is impacted by the many shifts in technology hence the digital transformation that is transpiring within the function.

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The Charity CFO

APRIL 2, 2024

Managing a nonprofit can be complex, especially when it comes to nonprofit accounting. Finding the right accounting partner for your nonprofit is essential to the financial success of your nonprofit organization. That’s why you need a strong accounting partner who specializes in nonprofits.

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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.

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CFO Dive

AUGUST 28, 2023

Ever-evolving technology that can improve efficiencies while reducing risks and optimizing costs should be explored and exploited for their potential benefits to the organization.

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The Charity CFO

APRIL 20, 2023

How can nonprofit accounting software help your organization with efficiency? We’re in the age of technology, and it seems that for every process or transaction, there is a corresponding technological solution designed to make our lives easier and our work more efficient.

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https://trustedcfosolutions.com/feed/

MARCH 22, 2023

Are you tired of the countless hours spent managing your accounts payable (AP)? Do you want to streamline your accounting process to save the time and money spent on manual tasks on Quickbooks? With a growing business, it’s easy to outgrow the accounting systems you’ve relied on since the conception of your company.

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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.

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Future CFO

NOVEMBER 21, 2023

As new technology flourish in today's global business scene, there is an observed growing concern among traditional accounting and finance roles that finance leaders must address. The post Addressing finance role concerns amid technology adoption appeared first on FutureCFO.

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Future CFO

MARCH 4, 2024

s Modern Accounting Playbook (MAP) marked its 1,000th customer. The playbook's processes and practices enable organisations to streamline, control, and modernise their accounting operations and be up and running in as little as five days. Four years following its introduction, BlackLine, Inc. 's

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PYMNTS

JANUARY 25, 2021

Mastercard has applied new quantum-resistant technologies in order to develop a new kind of contactless payment, according to a press release emailed to PYMNTS. The new Enhanced Contactless (Ecos) specifications will come along with the demand for more efficient, safer products overall, the release stated.

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https://trustedcfosolutions.com/feed/

FEBRUARY 12, 2023

For finance specifically, things can become messy without the appropriate technology to view, track, and report on KPIs. That’s why dashboards are quickly becoming one of the most powerful and streamlined approaches to strong accounting. How Can a Dashboard Strengthen Accounting? What is a Dashboard?

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CFO Leadership

OCTOBER 10, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. 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.

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Future CFO

DECEMBER 3, 2023

What’re your 2024 predictions for finance and accounting? BlackLine said there are several major trends when releasing its 2024 predictions for finance and accounting. According to Nikhil Parambath, Regional Vice-President, Asia, BlackLin e , the company’s 2024 predictions for finance and accounting are as follows.

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Future CFO

OCTOBER 4, 2023

Accountants are optimistic about digital transformation, including artificial intelligence, according to a survey by the Association of Chartered Certified Accountants (ACCA). Additionally, cost remains the top challenge when adopting technology, but organisational culture also remains a critical factor in successful adoption.

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PYMNTS

AUGUST 1, 2018

A new survey from K2E Canada suggests small business accountants understand that technological disruption is a major challenge, yet few are addressing the issue. Specifically, workflow management is the area in which technology may be most disruptive for the profession in the coming years.

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Future CFO

JANUARY 2, 2024

With the fast pace of the world nowadays, financial leaders face challenges in maintaining and expanding revenue streams while contending with a growing shortage of skilled accountants. By outsourcing accounting functions specifically, businesses open the door to a variety of benefits beyond alleviating the immediate staffing shortage.

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CFO Simplified

JULY 24, 2022

How Does a Fractional CFO Work with a Remote Accounting Team? Technology and the business climate have dramatically affected how businesses function. But even with all of those changes, the accounting function has remained essentially the same. Managing a Remote Accounting Team. Its purpose? Activities, and .

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https://trustedcfosolutions.com/feed/

OCTOBER 20, 2022

Start doing what you love rather than burning the midnight oil by outsourcing your accounting. A small, in-house finance team may start to feel the pressures of a growing business, and if you are still doing your own accounting, you could be losing hours of time —and money. The Hidden Advantages of Outsourced Accounting.

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Future CFO

JULY 2, 2023

Technology spending in Asia Pacific will remain robust and grow by 5.8% In spite of challenges including fragile post-pandemic supply chains; a shortage of science, technology, and engineering workers; and questions around how quickly China can restart its economy, APAC’s technology spending will continue to grow by 6.8%

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CFO News Room

DECEMBER 28, 2022

accountants and auditors have left their jobs in the past two years, a 17% decline, and the dwindling number of college students coming into the field can’t fill the gap. . Recruiters who have been luring experienced accountants into new roles say they are often moving into jobs in finance and technology. More than 300,000 U.S.

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Future CFO

JANUARY 26, 2024

The technological advancement provides more than just automation and reshapes roles, empowering finance teams to zero in on strategic activities like data analysis, supplier negotiations, and decision-making. There are nine ways AI-powered systems can transform invoice processing in Accounts Payable (AP) departments.

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Future CFO

NOVEMBER 14, 2023

As open source, cloud-native computing , and other new-age cloud technologies prove to becoming more important as times go by in today's market, finance leaders must see to it that they have a good grasp of the situation. Innovation loves trying out ideas fast and cloud technology helps a lot by quickly making and testing virtual stuff.

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Future CFO

NOVEMBER 16, 2023

Accountants nowadays are expected to adapt and acquire new skills to stay ahead of the curve as the business environment rapidly changes. Among these skills is data analytics, which when mastered, can make a significant impact on an accountant’s career trajectory and professional growth. Gain hands-on experience.

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