Future CFO

MARCH 1, 2023

Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporate finance function manages its strategy, processes, internal controls, and financial reporting. Industry benchmarks : Benchmarking data from similar organisations can help provide context for the metrics being measured.

Finance 91

Finance Benchmarking Compliance SAP 91

CFO Leadership

OCTOBER 10, 2023

The latter, for example, is an offering that Bloomberg says can “ bring the full potential of AI to the financial domain ” and create entirely new workflows, economic analyses and financial benchmarks for its customers. The post Preparing Your Finance Organization for the New Era of AI first appeared on CFO Leadership.

Financial Planning and Analysis (FP&A) 115

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

Future CFO

MAY 1, 2024

It’s also the risk management part of the role that keeps the role exciting, crucial, and a continuous growth area,” Ramon adds. Regulatory hurdles Geronimo concedes that the most challenging part of the controller role in 2023 was the changing regulatory guidelines that were impacting financials. “Due

Leadership 98

Leadership IFRS Finance Communication 98

Future CFO

MARCH 8, 2021

The decision follows a consultation in Dec 2020 led by ICE Benchmark Administration, which compiles and oversees the daily rate. According to the FCA, banks will have time — until June 2023 — to extricate themselves from US$200 trillion of contracts tied to Libor. Hong Kong is also developing an alternative rate.

Benchmarking 52

Benchmarking Currencies Risk Management Banking 52

Future CFO

APRIL 24, 2023

There are nine security trends that CFOs need to be aware when working with CISOs and security and risk management leaders. Security and risk management leaders must encourage active board participation and engagement in cybersecurity decision making,” said Addiscott.

Securities 52

Securities Risk Management Benchmarking Restructuring 52

Future CFO

AUGUST 20, 2019

It takes three to 12 months to respond to security breaches, according to the annual Vendor Risk Management (VRM) Benchmark Study from Shared Assessments Program and Protiviti that surveyed 554 risk management practitioners and C-level executives.

Securities 40

Securities Risk Management Benchmarking Forecasting 40

Future CFO

AUGUST 14, 2023

“This reflects both the rapid growth of public awareness and usage of generative AI tools, as well as the breadth of potential use cases, and therefore potential risks, that these tools engender.”

Concentration 52

Concentration Benchmarking Auditing Leadership 52

Future CFO

FEBRUARY 27, 2024

Choosing the appropriate benchmarks to assess progress and gauge relative impact becomes a complex navigation exercise. Data collection and management : ESG data often resides in a plethora of departments and systems across the organisation, making it challenging to gather and consolidate effectively.

Leadership 98

Leadership Compliance Financial Reporting Economics 98

Future CFO

JULY 19, 2021

Companies and organisations that can integrate their CG and ESG practices and reporting from the perspectives of, for instance, organisational structure, risk management and internal control, and the shareholder/ stakeholder communication and engagement, are more likely to enjoy a long-term sustainable future,” she explained.

Benchmarking 52

Benchmarking Leadership Risk Management Communication 52

CFO Leadership

APRIL 10, 2023

With increased risk comes the need for increased duty of care. A realistic duty of care policy goes hand-in-hand with effective travel risk management. That risk varies based on an organization’s size, industry, and scope of business travel. And setting a high bar for duty of care means actively tracking employees.

Risk Management 97

Risk Management Communication Leadership Benchmarking 97

The Charity CFO

APRIL 27, 2022

I’ve found that if you create goals and benchmarks that you wanna hit, now, they might be wrong. Then you get enough data to actually measure what should my benchmark be? So again, everything is a science, everything’s a, you know, financial model here at the charity, CFO, not just our accounting, but marketing, right.

Nonprofit 98

Nonprofit Communication Accounting Advertising 98