The Finance Weekly

APRIL 27, 2022

Finance leaders can and should take a leadership role cultivating their company’s ethical competencies and addressing its unique challenges. Document Your Policies: Policies all require clarity, communication, and consistency. Tackling the Issue of Ethics. Doing so as a CFO requires the following actions: 1.

Leadership 52

Leadership Financial Planning and Analysis (FP&A) CFO Communication 52

CFO Leadership

OCTOBER 18, 2023

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. As AI permeates finance, questions about its compliance with audits and financial governance will arise.

Finance 52

Finance Accounting Auditing IFRS 52

Future CFO

MARCH 27, 2024

Over half of the survey respondents for the study , which gathered insights from over 6,500 respondents, were Gen Y/Millennials aged 25-42, with 37% current auditors, 33% former auditors and the rest considering audit as a future career. On reporting the report recommends: Stakeholders should improve how they communicate audit’s purpose.

Numbers 52

Numbers Accounting Auditing Communication 52

Future CFO

FEBRUARY 1, 2024

"It is absolutely critical businesses implement an accounting and reporting system for their ESG data that is as auditable, transparent, and reliable as their financial data accounting," Hasenoehrl says, "2024 is the year we have to start treating enterprise carbon data the same way we treat financial data."

Finance 52

Finance SAP Auditing IFRS 52

VCFO

APRIL 27, 2023

He provides exceptional leadership, communication, and mentoring skills, proven effective across multiple business platforms and company cultures. After he graduated, he went to work as an audit manager for Deloitte, Haskins & Sells (now Deloitte). He earned his CPA license and was promoted twice in four years.

CFO 52

CFO GAAP Nonprofit Auditing 52

The Finance Weekly

JANUARY 22, 2024

Communicate with clients, investors, company leaders, and stakeholders. Assist with risk management, audits, and research. Attend board meetings and provide detailed financial reports and recommendations to company leadership. Leadership Skills This involves delegation, motivation, honesty, and integrity.

CFO 52

CFO Education Communication Leadership 52

The Finance Weekly

APRIL 21, 2024

Communicate with clients, investors, senior management, and stakeholders. Facilitate risk management, audits, and research. Participate in board meetings and furnish comprehensive financial reports and suggestions to company leadership. Address accounting and finance issues. Spot investment and financial planning prospects.

CFO 52

CFO Budgeting Auditing Accounting Principles 52

CFO Thought Leader

MARCH 20, 2024

From his initial misgivings about audit work at Deloitte to his transformative years at Amgen, where he thrived in a culture of leadership development and diversity, CFO Purcell’s journey was anything but linear. It was a patchwork of decisions and strategic moves, each building on the last.

CFO 52

CFO Leadership Auditing Finance 52

Fpanda Club

SEPTEMBER 2, 2021

Performance management is a range of practices which a company uses to measure its performance and communicate results. However, interpersonal and communication skills are equally important, especially today when we are witnessing a huge shift of the FP&A organization towards business partnership model.

Financial Planning and Analysis (FP&A) 130

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

Future CFO

MAY 10, 2022

CFOs in China are expected to play broader roles when it comes to sustainability, as a result of the country’s green finance market expansion and the increasing demand for corporate carbon emissions audit, said Deloitte recently when releasing results of its China CFO Survey.

Auditing 98

Auditing CFO Communication Finance 98

CFO Talks

NOVEMBER 24, 2022

A study by researchers from the University of Kentucky on the effects of working from home on audit quality during the pandemic found: “On average, working from home results in a 1.3 The authors note that they “expect the positive effect of working from home on audit quality would hold in the long term.”. Seeing is believing.

Auditing 52

Auditing Communication Leadership CFO 52

The Charity CFO

MAY 11, 2023

Many organizations are close to the heart of their leadership, and letting go can be difficult. Make sure that you find a partner in your service provider and ensure that your access and communication channels are clearly defined. Timeliness and Accessibility Access is another common fear.

Nonprofit 52

Nonprofit Communication Auditing GAAP 52

The Charity CFO

JULY 10, 2022

Meanwhile, audits, financial management, and risk mitigation fall under the purview of the Finance or Risk Management Committee. Communication Committee. For example, the board may charge this committee with things like: Overseeing financial details (including audits, investments, and acquisitions). Communications.

Nonprofit 97

Nonprofit Auditing Communication Risk Management 97

Future CFO

JUNE 26, 2023

The shift towards remote work has increased reliance on digital communication and collaboration tools, exposing organisations to new security risks as cybercriminals exploit vulnerabilities in remote access systems and unsecured access points within the home. Strengthen cybersecurity leadership.

Leadership 52

Leadership Manufacturing Education Securities 52

Future CFO

NOVEMBER 15, 2023

This includes establishing clear data entry standards, validation rules, and periodic data audits. Collaboration and Communication CFOs should invest in collaboration platforms that allow multiple stakeholders to work on spreadsheets simultaneously while maintaining data security and version control.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

CFO Talks

JUNE 7, 2022

Today the CFO has moved into a more direct leadership role and requires new skills and tools to work alongside the CEO. Following numerous business scandals involving the audit function over the past few years, CFOs are expected to usher in a new area of ethical accounting. Be a person of integrity. Be an empowering leader.

CFO 52

CFO Communication Leadership Finance 52

Future CFO

AUGUST 21, 2023

Compliance and regulatory : Use classification models to analyse new regulations to understand new obligations or build audit plans by analysing the risk environment and operational metrics. Fraud and waste : Use Machine Learning (ML) to detect fraudulent patterns. Given what we understand of Generative AI, is it a reliable tool today?

Finance 98

Finance Compliance Data Analysis Leverage 98

CFO Leadership

OCTOBER 10, 2023

Create and communicate a well-defined plan for how you intend to bring advanced AI tools into your organization and use them for transformation. Your company’s technology specialists are an obvious choice, but also consider consulting with leaders from functions like internal audit and compliance.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

Future CFO

JANUARY 11, 2023

She has leveraged technology to increase competitiveness, and has extensive experience in effective, transparent communication with stakeholders and investors, and in managing complex M&A, audit and risk, the company added. More People Moves stories The post EY announces global CFO appointment appeared first on FutureCFO.

CFO 52

CFO Auditing Communication Leverage 52

The Charity CFO

APRIL 9, 2024

The expectation of these two roles, whether separate people, (or one person in smaller organizations) is to be able to communicate the financial health of the organization quickly and effectively while in a presentation or board meeting. Simply put, it’s important to know where everything is.

Nonprofit 52

Nonprofit Finance CFO Accounting 52

CFO News Room

DECEMBER 16, 2022

CFOs are some of the highest-paid finance professionals because they have experience and networks and excel at financial leadership. Because much of an advisor’s job revolves around talking to clients and seeking new investment opportunities, excellent communication skills are essential in this role. Communication Skills.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

CFO Talks

MARCH 14, 2024

We emphasized the importance of communication, setting priorities, and the initial avoidance of hasty decisions. This involves regular communication, mutual respect for expertise, and an open-door policy for discussing challenges and opportunities. Technology Audit: List current technologies and data analytics tools in use.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO News Room

NOVEMBER 1, 2022

We’re talking about the share of women and women of color in leadership ranks in business. And in the workplace, you, you mentioned some of the statistics about women not holding large percentages of leadership role, CEO roles and, and organizations. But we often don’t talk about that. But what we’re doing is changing the culture.

Leadership 100

Leadership Construction Budgeting Planning 100

The Charity CFO

DECEMBER 14, 2022

This can help with internal communication, problem-solving, conflict resolution, and growth acceleration. These diagrams can include information about job titles, responsibilities, job roles, reporting relationships, and communication channels between different departments or divisions. Functional org chart.

Nonprofit 52

Nonprofit CFO Communication Microsoft Office 52

The Charity CFO

NOVEMBER 23, 2022

CFAs are best known for investment analysis and wealth planning, CPAs for tax preparation and financial statement auditing, and CFPs for financial planning. Excellent Communication Skills. The ability for communication, with various stakeholders, is essential for the finance director role. Leadership And Management Skills.

Nonprofit 52

Nonprofit Finance Strategic Planning Budgeting 52

Bramasol

NOVEMBER 8, 2021

However, for the past couple of decades, ESG has typically consisted of producing an annual glossy Corporate Responsibility Report that discussed various initiatives in descriptive terms across areas such as energy usage, waste stream mitigation, labor practices, community programs, charitable giving, etc.

Compliance 85

Compliance Accounting SAP IFRS 85

The Charity CFO

AUGUST 15, 2023

One key differentiator is that what is recorded following GAAP is what will show up on the audit and may not show up on the IRS tax form, Federal Form 990. In some cases, they’ll also be responsible for communicating with grantors. Audits Nonprofits are not exempt from audits.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

Future CFO

MARCH 8, 2020

The Deloitte report, Journey to CFO: What’s changed for women in 2017 , recounts that women earn more than half of college degrees in accounting; and hold more than half of accounting and auditing positions in the US. A global study by DDI revealed that having women in top leadership roles leads to increased company performance.

Finance 52

Finance Leadership CFO Auditing 52

The Charity CFO

JUNE 19, 2023

And in the event of an audit (whether it’s the IRS, another external group, or even an internal one), your advisor will have your organization prepared and guide you through the process. This means open communication and collaboration, with regular check-ins to make sure things are on track for both sides.

Nonprofit 52

Nonprofit Communication CFO Auditing 52

CFO Talks

NOVEMBER 10, 2022

We are very intentional about being compliant and getting a clean audit’. The other one is being a great communicator, then you have to deal with corporate budgets, with treasury, there are a whole lot of stakeholders involved when you’re an accountant and it’s not just the financial side to it. Let’s take communication for example.

CFO 52

CFO Budgeting Communication Problem Solving 52

Future CFO

SEPTEMBER 6, 2022

She shared with FutureCFO her career journey and how theatre inspires her work life in an interview for FutureCFO’s Female Leadership in Finance series. As an executive within a company, you need to make a conscious, concerted effort to ensure constant communication between all departments. How has your dream evolved in your career?

Finance 52

Finance Auditing Leadership Numbers 52

The Finance Weekly

JUNE 21, 2022

At the , CFO Leadership Conference in Boston earlier this month, , Mike Ellis , who was named by the , Boston Business Journal CFO of the Year , offered an inside look into how a CFO prepares a company for an initial public offering and life as a public company. This is especially true for CFOs who are planning to take their company public.

CFO 52

CFO Communication Auditing Finance 52

Future CFO

AUGUST 30, 2021

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. What makes for a sought-after chief finance professional (CFO)? These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Problem Solving 52

The Charity CFO

JANUARY 5, 2023

It also involves staying up to date on the latest auditing standards, tax regulations, and IRS filing requirements. This can be achieved by conducting periodic internal audits, appointing a CFO or finance officer to oversee the financial health of your organization, and adhering to GAAP best practices in nonprofit accounting.

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52

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. The experience of working in the US in particular enhanced my leadership skills and informed my working style.

CFO 52

CFO Leadership Finance Problem Solving 52

Planful

DECEMBER 16, 2015

The CFO Leadership Council’s NYC chapter held a panel discussion on this topic titled “Inside and Outside the Boardroom: Managing and Working with Boards.” The panelists included James Green, CEO of Magnetic; William Kraut, Lead Board Director and Audit Committee Chair for InTest; and Ellen McClain, CFO at Year Up.

CFO 40

CFO Auditing Communication Risk Management 40

CFO Talks

APRIL 11, 2022

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. ‘ Our purpose is to protect and promote possibility for our clients’. CFO Talks is a brand of the South African Institute of Business Accountants.

CFO 40

CFO Leadership Communication Accounting 40