CFO Leadership

OCTOBER 10, 2023

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

Finance Accounting Auditing IFRS 95

Future CFO

MAY 5, 2024

ACCA urges finance professionals to ensure that AI governance and AI risk management is in place, beginning with investing in AI literacy and skills development. Financial leaders must also collaborate via cross-functional teams, as finance professionals should actively engage with IT, data science, legal and risk management teams.

Risk Management 52

Risk Management Leadership Auditing Finance 52

Planful

MAY 24, 2017

This was the focus of the New Jersey Chapter of the CFO Leadership Council at its May 2017 panel discussion titled “How Much Risk Is in Your Risk Management?” Moderated by Angela Tise of the CFO Leadership Council, the panel included Claire Doherty, Director of the Risk Consulting Practice at KPMG, Brian J.

Risk Management 40

Risk Management Prioritization CFO Leadership 40

PYMNTS

JUNE 29, 2020

According to emails seen by WSJ, the auditing firm knew of and had questions about the arrangements and was signing off on Wirecard’s financial results for years anyway. Wirecard explained that the money was kept that way for risk management, saying it could be saved to provide refunds or chargebacks if needed.

Auditing 130

Auditing Risk Management Accounting Banking 130

Beacon CFO Plus

NOVEMBER 30, 2023

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.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

Future CFO

DECEMBER 31, 2019

As organisations continue to collect customer and employee data, chief audit executives (CAEs) are increasingly concerned about how to govern and protect it, noted Gartner. Despite the vast access these outside parties have to important business data, organisations are generally in a poor position to manage them.

Auditing 52

Auditing Risk Management Budgeting Compliance 52

CFO Leadership

OCTOBER 18, 2023

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

Finance Accounting Auditing IFRS 52

Future CFO

OCTOBER 12, 2022

Goh joined the bank as a management trainee in 1988 and was named head of group audit in 2013, having stints across different divisions in the bank including corporate planning, investment research, asset management, risk management, and global treasury, OCBC Bank said.

CFO 52

CFO Banking Auditing Treasury 52

CFO Talks

MARCH 20, 2024

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

CFO Accounts Payable Financial Analysis Auditing 52

VCFO

FEBRUARY 15, 2023

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.

Auditing 52

Auditing CFO Risk Management Budgeting 52

PYMNTS

APRIL 26, 2017

Instead of operating like a programmer, the end user can use Kyriba like an iPad — the intelligence is built into the solution, and regulatory requirements and audit trails are all there so that reports can be generated automatically. This is a game changer for the industry.

Risk Management 40

Risk Management Treasury Auditing Securities 40

Future CFO

DECEMBER 10, 2023

In making sure they are available and prepared, the organisation should: make the case for investing in people for end-to-end development, implementation, reporting, assurance and use of sustainability-related information establish who is accountable and responsible for delivery as outlined in the earlier stage related to the RACI matrix create awareness (..)

CFO 52

CFO Auditing Education Risk Management 52

PYMNTS

SEPTEMBER 2, 2020

Growth equity firm TCV has acquired spend management tech firm Oversight , according to a press release emailed to PYMNTS, and will help Oversight expand its product innovation for enterprise risk management solutions.

Risk Management 60

Risk Management Auditing Investments Technology 60

Future CFO

AUGUST 23, 2022

“A CFO can drive sustainability agenda in these four key areas: Sustainable Financing – incorporating “sustainability’ metrics into fundraising, budgeting, sustainable procurement and risk reporting which is incorporating ESG metrics into risk management,” said Lim. Where to begin.

CFO 98

CFO Auditing Finance Treasury 98

PYMNTS

AUGUST 5, 2019

Australia’s four biggest banks, along with large accounting firms, have joined forces to defend the use of independent audit firms as consultants. That news led to a Senate vote for the Parliamentary Joint Committee on Corporations and Financial Services to investigate conflicts of interest in auditing firms.

Auditing 43

Auditing Banking Accounting Firms Risk Management 43

CFO Talks

MARCH 14, 2024

They play a crucial role in strategic planning, risk management, and driving innovation, extending their influence far beyond the finance department. Risk Management: Given the CFO’s role in identifying and mitigating risks, tasks related to safeguarding the company’s assets and financial health are critical.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

The Finance Weekly

APRIL 21, 2024

Communicate with clients, investors, senior management, and stakeholders. Facilitate risk management, audits, and research. They Manage to Simplify Reporting Process Do we really have to do detailed accruals every month like we're doing a year-end audit? Spot investment and financial planning prospects.

CFO 52

CFO Budgeting Auditing Accounting Principles 52

PYMNTS

JANUARY 7, 2021

We have rigorous, multilayered monitoring and independent risk-management processes in place, which we continuously review and enhance to ensure that all sales activities conform with our values, internal policies and regulatory requirements,” a representative said at the time said, as per WSJ. “We

Sales 97

Sales Treasury Auditing Risk Management 97

Future CFO

SEPTEMBER 7, 2022

Examples of preparers of financial reporting include CFOs , finance managers, and internal auditors, ISCA said. . Assurance service providers include audit professionals from accounting firms who help companies identify their reporting parameters, according to the organisation.

Finance 52

Finance Auditing Corporate Finance Accounting 52

Future CFO

APRIL 4, 2022

As AI regulations proliferate globally, they are mandating certain auditable practices that ensure trust, transparency and consumer protection. The 2022 trends in this category include: connected governance, AI risk management, vendor and region ecosystems, and expansion to the edge.

Auditing 98

Auditing Risk Management Leverage Technology 98

The Charity CFO

JULY 10, 2022

Finance or Risk Management Committee. Meanwhile, audits, financial management, and risk mitigation fall under the purview of the Finance or Risk Management Committee. Meanwhile, audits, financial management, and risk mitigation fall under the purview of the Finance or Risk Management Committee.

Nonprofit 97

Nonprofit Auditing Communication Risk Management 97

The Finance Weekly

JANUARY 22, 2024

Manage cash flow and plan for financial needs. Assist with risk management, audits, and research. Collaborate with other executives and department heads on budget creation and management. Acquire Risk Management Skills In recent years, businesses have faced significant challenges like a global pandemic and war.

CFO 52

CFO Education Communication Leadership 52

CFO Talks

OCTOBER 26, 2022

Before joining the Western Cape Liquor Authority, he was the Financial Manager of the Saldanha Bay Municipality and an Assistant Audit Manager at the Auditor-General of South Africa. Did your experience with the Auditor-General assist you to actually get the financials of that municipality in shape?

CFO 98

CFO Auditing Leadership Budgeting 98

Future CFO

FEBRUARY 11, 2024

Our Board committee charters include responsibilities related to ESG oversight as applicable to each of our Audit, Compensation, and Nominating and Governance committees. It includes: General oversight by and accountability to the Nomination and Governance Committee of the company’s Board of Directors (the “Board”).

Net Present Value (NPV) 98

Net Present Value (NPV) CFO Compliance Economics 98

Future CFO

MAY 21, 2020

A Dow Jones Intelligence survey of 500 finance executives affirm what we know today – there is greater demand on the CFO to participate in strategic business decision-making, as well as a more diverse types of business and operational risk management.

CFO 52

CFO Auditing Risk Management Budgeting 52

Future CFO

MAY 1, 2024

As they assist in compliance audits and the monitoring of internal controls to ensure that everyone within the company does their job correctly, they are also expected to thrive and flourish amid the challenges along the way for the benefit of the organisation.

Leadership 98

Leadership IFRS Finance Communication 98

VCFO

APRIL 21, 2022

He is particularly skilled in strategic planning, resource management, operations management, forecasting, credit and collections, due diligence, financial reporting and documentation, private equity, bank financing, risk management, compliance, and banking relationships. Gary is also a Certified Public Accountant.

CFO 52

CFO Strategic Planning Auditing Leadership 52

Future CFO

JUNE 30, 2020

In addition, initiatives where risks are not surfaced and mitigated in a timely fashion are delayed by an average of five weeks per year, the research firm noted. In a related survey of 111 emerging risk management (ERM) leaders, only 6% felt that their organisation’s risk response was timely during strategic initiatives, Gartner pointed out.

Risk Management 52

Risk Management Auditing Accounting 52

Future CFO

NOVEMBER 29, 2023

Another significant milestone was my stint as the chief audit and control officer based in Zurich, Switzerland. This role broadened my understanding of the intricacies of financial oversight and enterprise risk management.

Finance 52

Finance Leadership Auditing Math 52

Future CFO

AUGUST 15, 2021

The survey data partly reflect a global inflection point as ESG disclosures move from voluntary to required,” said Matt Shinkman, vice president with the Gartner Risk and Audit Practice. The report is based on results of a survey of 153 senior executives in the second quarter of 2021.

Risk Management 52

Risk Management Auditing Banking 52

Boston Startup CFO

APRIL 3, 2023

If you lack knowledge in accounting principles, you open yourself up to many potential risks, including inaccurate financial statements which can hinder your ability to make informed decisions. Additionally, you open yourself up to compliance and audit issues, and you’ll potentially decrease your chances of securing funding and financing.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

PYMNTS

NOVEMBER 16, 2020

That aims to boost their risk management and contract governance, transformation and remedial activities.

Data Analysis 67

Data Analysis Auditing Risk Management Accounting Firms 67

Future CFO

AUGUST 14, 2023

“Generative AI was the second most-frequently named risk in our second quarter survey, appearing in the top 10 for the first time,” said Ran Xu director, research in the Gartner Risk & Audit Practice.

Concentration 52

Concentration Benchmarking Auditing Leadership 52

PYMNTS

AUGUST 6, 2019

IBM has rolled out a new blockchain-powered solution aimed at mitigating supply chain risk. Third-party data validators including RapidRatings and Dun & Bradstreet have also signed onto the platform to provide external audit and data verification services on the network.

Vendor Management 46

Vendor Management Auditing Risk Management Securities 46

Future CFO

FEBRUARY 18, 2021

At the launch of a recent report examining the effectiveness of financial fraud risk management, Julie Bell Lindsay - the Executive Director at the Center for Audit Quality — was quoted as saying that “the risk of financial statement fraud at public companies is real, and that risk has only increased during the pandemic.”.

Risk Management 52

Risk Management Auditing CFO Accounting 52

PYMNTS

MARCH 1, 2020

“We have rigorous, multilayered monitoring and independent risk-management processes in place, which we continuously review and enhance to ensure that all sales activities conform with our values, internal policies and regulatory requirements,” the spokesman said. “We

Sales 60

Sales Auditing Startups Risk Management 60

PYMNTS

JULY 19, 2018

The need is there for a comprehensive approach for risk management, which in turn means that both FinTechs and FIs need a strong, consistent strategy and roadmap from the very start of collaborations. Thus, risk management must evaluate compatibility not just of tech platforms in place, but must also take a cue from strategic goals.

Banking 42

Banking Risk Management Auditing Compliance 42