Future CFO

MAY 5, 2024

Boardroom leadership, including chief financial officers, needs to manage artificial intelligence risks to drive trust, according to the Association of Chartered Certified Accountants. says Alistair Brisbourne , head of technology research at ACCA. The post ACCA: CFOs must build trust in AI appeared first on FutureCFO.

Risk Management 52

Risk Management Leadership Auditing Finance 52

CFO Leadership

OCTOBER 18, 2023

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. What is Artificial Intelligence?

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

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

Future CFO

DECEMBER 10, 2023

This can be enabled by various factors, such as a good planning process , reliable technology, and people in the organisation. As part of the journey to better sustainable reporting in 2024, a chief financial officer must understand how he or she can properly navigate around its implementation.

CFO 52

CFO Auditing Education Risk Management 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

CFO Talks

MARCH 14, 2024

This transformation is driven by several factors, including rapid technological advancements, globalization, and an increasingly complex regulatory landscape. They play a crucial role in strategic planning, risk management, and driving innovation, extending their influence far beyond the finance department.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

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. The ESG balancing act at STT GDC.

CFO 98

CFO Auditing Finance Treasury 98

Future CFO

APRIL 4, 2022

This year’s top data and analytics (D&A) trends represent business, market and technology dynamics that will help organisations anticipate change and transform uncertainty into opportunity, both of which have come under the purview of the D&A leader,” said Rita Sallam, distinguished research vice president at Gartner.

Auditing 98

Auditing Risk Management Leverage Technology 98

PYMNTS

APRIL 26, 2017

At Kyriba we see technology as an enabler. 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

FEBRUARY 11, 2024

Just 32% of managers say the same Technology access is going to be key to unlocking value in ESG/Sustainability. 97% agree that access to technology and data will play an essential role in making decisions to advance ESG strategies in the future. There is a disconnect between executives and employees. million for organisations.

Net Present Value (NPV) 98

Net Present Value (NPV) CFO Compliance Economics 98

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. Oversight CEO Terrence McCrossan said the acquisition by TCV would be a boon for his company.

Risk Management 60

Risk Management Auditing Investments Technology 60

Future CFO

AUGUST 14, 2023

Emerging risks for enterprises now includes AI as technologies such as ChatGPT and Google Bard has become widely available, said Gartner recently. Mass generative AI availability Gartner has previously identified six risks of generative AI and four areas of AI regulation that are relevant to assurance functions.

Concentration 52

Concentration Benchmarking Auditing Leadership 52

The Finance Weekly

APRIL 21, 2024

Communicate with clients, investors, senior management, and stakeholders. Facilitate risk management, audits, and research. The focus on ethical behavior is important especially now that CFOs are handling more than just finances – they're involved in areas like human resources and information technology.

CFO 52

CFO Budgeting Auditing Accounting Principles 52

PYMNTS

NOVEMBER 16, 2020

PwC has spun out its technology for proprietary intelligent data capture to help create a new business, LIKEZERO , focused on next-generation data capture, a press release says. The new development comes from a management buyout by Souter Investments , a private equity-focused family investment office, and Manfield Partners Limited.

Data Analysis 67

Data Analysis Auditing Risk Management Accounting Firms 67

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

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

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 Leadership

OCTOBER 10, 2023

Financial analysts and others can use the technology to assemble insights in a range of formats — from bulleted lists to slide decks to summary reports — for various audiences to use for more accurate and timely business decision-making. But it’s a heavy lift and it requires skill sets you may not have in-house.

Financial Planning and Analysis (FP&A) 115

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

Boston Startup CFO

APRIL 3, 2023

Additionally, you open yourself up to compliance and audit issues, and you’ll potentially decrease your chances of securing funding and financing. Here, you’ll want to consider the implementation of efficient, scalable technology and processes to drive growth and maintain a competitive edge.

Accounting 52

Accounting Accounting Principles GAAP Startups 52

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

Future CFO

NOVEMBER 15, 2023

This includes establishing clear data entry standards, validation rules, and periodic data audits. Integration and Automation CFOs should integrate spreadsheets with other financial systems and applications to ensure seamless data flow and reduce the risk of errors during manual data transfers.

Financial Planning and Analysis (FP&A) 52

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

VCFO

AUGUST 25, 2022

This article was co-authored by Mike Wilfley , vcfo Chief Operating Officer and Executive Vice President, and Shane Gronniger, CEO for GCS Technologies. To understand the state of security and areas that needed shoring up, vcfo turned to GCS Technologies , a managed IT services provider that delivers enterprise-level security to SMBs.

Securities 79

Securities Prioritization Education Budgeting 79

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. Right now the focus is on the nuts and bolts of technology. Embracing a Multidisciplinary Approach.

Banking 42

Banking Risk Management Auditing Compliance 42

PYMNTS

SEPTEMBER 29, 2017

However, interest rates, FX, commodity and derivatives risk, as well as operational risk, should not be disregarded.”. Beaulande added that advanced analytics technology is now a must-have for banks to adequately manage these risks. Risk management, he continued, isn’t just about responding to threats.

Treasury 56

Treasury Banking Compliance Risk Management 56

PYMNTS

DECEMBER 21, 2020

More and more companies are starting to leverage payments technology with [virtual cards] because of the value to all players in the ecosystem,” Fenton said. Through invoice integration, the service boasts improvements to savings and offers a compliance audit feature that can help vendors cut spending.

B2B 79

B2B Healthcare Investments Auditing 79

PYMNTS

APRIL 21, 2017

Open source technology has become critical to companies that need solutions that fit right into their own operations. Applications built with open source technology enable corporate users of these tools to modify and customize tools — and in corporate processes, that can be hugely beneficial. Take Oro, for instance.

Auditing 43

Auditing Risk Analysis B2B Compliance 43

PYMNTS

MAY 2, 2016

In his position as Vice President of Global Risk Management for TNS , Umer Ayub understands this reality firsthand. At TNS, this includes managing compliance with regulatory requirements, such as PCI standards, card scheme rules and SSAE16 reports. We are often called on to mediate between technology operations and the business.

Risk Management 41

Risk Management Compliance Auditing Communication 41

PYMNTS

MAY 15, 2017

The management of third-party relationships is no longer “one and done,” she added, with sporadic risk assessments. The firm was in the midst of evolving its risk management program to meet the then-current expectations of bank management and regulators.

Risk Management 43

Risk Management Auditing Compliance Leverage 43

PYMNTS

SEPTEMBER 25, 2018

Enhanced data security and analytics are at the top of chief financial officers’ priority lists among both private and public companies, according to new data from auditing and advisory service provider Protiviti. In fact, the report found, some of these technologies are actually ranked lowest on CFOs’ priority lists.

Prioritization 67

Prioritization Corporate Finance Education Finance 67

The Charity CFO

JANUARY 5, 2023

When creating these policies, make sure they’re regularly reviewed and updated to keep up with changing circumstances, technological advances, and regulations. Here are some policies that your nonprofit should implement to maintain proper financial management practices: Gift acceptance policy. Risk management strategies.

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52

Future CFO

FEBRUARY 16, 2023

Lee Thong Tan, CFO Practice Lead, Asia, Workday (Photo: Workday) Future CFO: How can risk management help organisations build business resilience and ride through economic uncertainty? Why is there an increased need for the finance function to integrate with technology? Why cost cutting isn't the best way?

CFO 52

CFO Finance Economics Leverage 52

PYMNTS

JANUARY 10, 2018

“Through features like Repeat Offenders and Excessive Attendee insight, we are making financial auditing and risk management processes more efficient — as much as 80 percent faster than traditional methods,” Oversight Systems CEO Patrick Taylor said in a statement. “By

Auditing 40

Auditing B2B Risk Management Compliance 40

CFO News Room

DECEMBER 16, 2022

The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and risk management. Information Technology Auditor . Information technology auditors ensure that financial institutions have adequate controls to protect their information assets.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

The Finance Weekly

JANUARY 21, 2024

The rise and challenges of ERP systems Over the past 50 years, accounting and finance professionals have embraced existing and new technology, from using the first computers to implementing and using advanced ERP (Enterprise Resource Planning) systems. All involving Excel data manipulation.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 40

PYMNTS

NOVEMBER 6, 2018

Technology developed by Bloomberg is now being used by Shell ‘s Foreign Exchange Central Treasury unit to interconnect the fuel conglomerate’s operating units across 22 markets, the companies revealed Monday (Nov.

Treasury 53

Treasury Foreign Exchange Auditing Startups 53

Future CFO

APRIL 23, 2020

PA: In the recent ACCA’s Future ready accountancy careers in 2020 report , 79% of our members agreed that accountants will move into more diverse career paths and working lives will be reimagined as technology blurs the work divide between humans and machines. Being digitally-savvy is a competency that transcends across all roles and sectors.

Accounting 40

Accounting Finance Data Analysis Auditing 40