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Climate risks as a consideration in audit processes

Future CFO

A finance leader must be able to fully understand the trends in sustainability and the challenges associated with climate change, incorporating such practices in the organisation's overall audit process. Risk Assessment A business leader must start conducting a comprehensive risk assessment that includes climate risks.

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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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The Relationship Between a Fractional CFO and Your Public Accounting Firm

Beacon CFO Plus

Define Roles and Responsibilities: The CFO typically focuses on financial strategy, planning, and management, while the accounting firm handles compliance, audits, and financial reporting. The CFO should work closely with the accounting firm to provide the necessary information for audits and reporting.

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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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Lee Ann James Joins vcfo Houston Team

VCFO

She is highly effective at executing finance function strategically, establishing financial and risk controls, and overseeing capital structure. Lee Ann’s depth and breadth of expertise includes board reporting, audit preparation, business plan development, market research and analysis, risk management, and capital requirements.

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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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5 Habits of Highly Effective CFOs

The Finance Weekly

Facilitate risk management, audits, and research. Spot investment and financial planning prospects. Participate in board meetings and furnish comprehensive financial reports and suggestions to company leadership. Supervise and provide recommendations for the finance department.

CFO 52