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How You Can Set a Highly Ethical Example in Financial Leadership

The Finance Weekly

Finance leaders can and should take a leadership role cultivating their company’s ethical competencies and addressing its unique challenges. If formal policies are not in place, first prioritize where to start (i.e., You should also execute detailed reviews of the financial numbers, including variance analysis.

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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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Key Mistakes of Communication in Financial Teams

Spreadym

Poor Documentation: Failing to document financial processes, decisions, and discussions can create confusion and make it challenging to track and audit financial activities. Inadequate Reporting: Providing incomplete or inaccurate financial reports can mislead team members and decision-makers.

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Preparing Your Finance Organization for the New Era of AI

CFO Leadership

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. The post Preparing Your Finance Organization for the New Era of AI first appeared on CFO Leadership.

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A Fresh Look at Ongoing ESG and Carbon Accounting Developments

Bramasol

The CSRD is intended to revamp and expand information that was already required to be reported since 2017 under the EU’s existing Non-Financial Reporting Directive (NFRD). The CSRD is part of the EU’s European Green Deal and the Sustainable Finance Agenda.

IFRS 87
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CFO for Manufacturing Companies

Michigan CFO

However, if your CFO possesses deep manufacturing experience, then you can better prioritize investments that provide tangible business benefits. Business Strategy Leadership. Organizations can benefit from CFO leadership to become more proactive and less reactive with their business strategy.

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The Complete Guide to Nonprofit Accounting Careers

The Charity CFO

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. The IRS report only pays attention to tangible monetary value which means things like in-kind services or unrealized gains/losses on investments are excluded.