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ACCA: CFOs must build trust in AI

Future CFO

CFOS can do this by taking steps in their organisations to manage the associated risks with AI, as it plays a greater role in the accounting and financial reporting of businesses. Financial leaders and controllers will have to be confident about the adequacy of oversight and controls of AI systems.

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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. As AI permeates finance, questions about its compliance with audits and financial governance will arise.

Finance 95
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From Controller to CFO: What Changes?

CFO Talks

Example: When it’s time for an audit, the Controller is hands-on, working directly with the auditors, showing them the books, and explaining the details. The CFO, on the other hand, talks strategy with the audit partner and handles any big issues that pop up.

CFO 52
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5 Habits of Highly Effective CFOs

The Finance Weekly

What could go wrong if your Chief Financial Officer (CFO) is not effective in their job? They could steer your company towards poor financial decisions, like risky investments, inaccurate budgeting, or insufficient cost control. Facilitate risk management, audits, and research.

CFO 52
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Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

The position of Chief Financial Officer has evolved significantly over the past few decades. No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making. Delegation and Empowerment: No CFO can do it all alone.

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TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. As AI permeates finance, questions about its compliance with audits and financial governance will arise.

Finance 52
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PodChats for FutureCFO: How STT GDC is driving ESG

Future CFO

These days, at least in Asia, sustainability responsibilities appear to be more closely associated with a Chief Financial Officer (CFO). Lim opined that with the level of scrutiny over ‘non-financial’ and ‘financialreporting on the rise, corporates need buy-in and support from the Board to push the sustainability agenda.

CFO 98