CFO News

MAY 5, 2023

Mayank Khandelwal says the company has created five pillars – commercial and business finance, financial planning & analysis (FP&A), treasury and cash, controllership/ compliance, and IT – and all finance regions will be aligned with these capabilities.

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CFO Talks

JUNE 7, 2022

Due to this unique position, we need to ensure that the Finance Executive that earns our acclaimed CFO(SA) designation , is ready for the future of finance. In developing the CFO(SA) designation, we identified 34 competencies and four pillars that the Modern CFO needs to fulfill to excel in their leadership position.

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CFO IFRS Leadership Risk Management 52

Future CFO

APRIL 17, 2023

Singapore-listed Yamada Green Resources Limited announced recently the appointment of Leyng Thai Weng as CFO. In his new role, Leyng, aged 41, is in charge of the financial matters of the group and oversees the group’s financial reporting and compliance with post-listing obligations.

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CFO Treasury Compliance Financial Reporting 52

The Finance Weekly

MARCH 1, 2023

It has been said that change is the only constant, and in the corporate world, this is especially true when it comes to the , CFO position. CFO moves often spark internal and external rumors and can draw the attention of investors and short-sellers. Kennedy was previously the CFO at Canadian retailer Roots since 2020.

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CFO Financial Planning and Analysis (FP&A) Leadership Finance 52

Future CFO

OCTOBER 18, 2020

TMF Group is a global provider of critical compliance and administrative services, with some 7,800 in-house experts across 80-plus jurisdictions. The CFO’s guide to compliant accounting and tax reporting during Covid-19 was compiled in response to rapidly changing financial compliance requirements across the globe.

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PYMNTS

JUNE 18, 2019

Swedbank announced that it has suspended the CEO and CFO of its Estonian branch after an investigation into compliance with money-laundering rules at the bank. Swedbank then admitted in April that it had failed to prevent the laundering and announced an internal investigation.

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CFO Compliance Treasury Communication 40

Future CFO

MAY 21, 2020

COVID-19 doesn’t give CFOs much room to manoeuvre – no idea how long the pandemic will last or which businesses across the supply chain will be impacted first and how fast the disruption will spread. The post CFO guide to thriving with risk appeared first on FutureCFO.

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CFO Simplified

MARCH 7, 2024

The CTA seeks to pull smaller shell companies and holding companies into the regulatory framework, which means the brunt of CTA compliance falls on smaller businesses. LP has formed the CTA Task Force to consult on these burgeoning issues of FinCEN compliance and complexities of beneficial ownership.

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Tax Planning Compliance Restructuring Treasury 59

Future CFO

MAY 26, 2022

There will be intercompany transactions that happen between them, and it gets very complex when businesses are international – whether it's regulation or taxation, foreign exchange rates, or compliance. He suggested that the settlement procedure be automated, and integrated into the treasury management system.

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Mergers and Acquisitions (M&A) Accounting Foreign Exchange Compliance 98

CFO News Room

JANUARY 18, 2023

The Treasury Department designated Bitzlato under a section of the USA Patriot Act, a law used to combat money laundering and terrorist financing, for allegedly laundering illicit funds for ransomware actors based in Russia. WSJ | Risk and Compliance Journal. Deputy Treasury Secretary. Concurrent with the U.S. Wally Adeyemo.

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Treasury Compliance Financial Systems Finance 100

CFO News Room

JANUARY 13, 2023

FINRA has released its enforcement priorities for 2023, including a continued focus on compliance with Regulation Best Interest as well as several new priority topics, such as manipulative trading, fixed-income pricing, and trading in fractional shares.

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CFO Simplified

MARCH 7, 2024

The CTA seeks to pull smaller shell companies and holding companies into the regulatory framework, which means the brunt of CTA compliance falls on smaller businesses. LP has formed the CTA Task Force to consult on these burgeoning issues of FinCEN compliance and complexities of beneficial ownership.

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Tax Planning Compliance Restructuring Treasury 52

Future CFO

AUGUST 18, 2021

announced recently the appointment of Liu Xu as CFO. He also served as the CFO of a joint venture company of Sino-Ocean Group, Shanghai Xinzheng Finance and Economy Information Consulting Co., assistant to general manager of asset management centre and deputy CFO of customer service department of Sino-Ocean Group.

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CFO Treasury Compliance Finance 40

Future CFO

MAY 23, 2021

But no, control and compliance aren’t out of reach. DOWNLOAD NOW The post Cost and compliance. Yes, it’s always been a struggle. And yes, the struggle is currently more acute. Click on the link and download this e-book from SAP Concur to find out more. Two things you can still control appeared first on FutureCFO.

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Compliance SAP Budgeting Technology 40

Future CFO

AUGUST 23, 2022

Just as important, how can CFOs help address sustainability objectives as part of their overall ESG initiatives? Nelson Lim , group CFO of ST Telemedia Global Data Centres (STT GDC) , spoke to FutureCFO to elaborate on how STT GDC is addressing calls for greater emphasis on sustainability in the drive for growth. Nelson Lim.

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CFO Auditing Finance Treasury 98

Future CFO

FEBRUARY 13, 2023

Having an experienced succession of crises since the beginning of 2020, FutureCFO asked two finance leaders their views on the challenges facing treasury and cash management during the pandemic and coming out of it. What is the biggest change to the Treasury and Cash Management (TCM) function brought about by the pandemic?

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Treasury Cash Management Restructuring Accounts Payable 98

Future CFO

NOVEMBER 27, 2022

Sanjay Patil , executive partner for finance and supply chain transformation at IBM Consulting , ASEAN, says the CFO role is evolving and is now aligned with the priorities of the CEO for the organisation including improved efficiencies and customer experience. You get this whole new level of streamlined accounting and compliance processes.

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Finance CFO Compliance Auditing 52

Future CFO

FEBRUARY 28, 2023

Winners of FutureCFO Excellence Awards 2023 in different categories Leadership Practice Awards CFO of the Year: Tay Siang Leng - QBE Asia Controller of the Year: Ravishankar Ambalaparambil - Hindustan Unilever Limited FP&A Lead of the Year: Nobuaki Hojo - SAP Australia Pty Ltd.

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Financial Planning and Analysis (FP&A) Finance Leadership SAP 52

The Finance Weekly

APRIL 25, 2022

But this terrible war has huge implications — both immediate and longer-term — that are making every CFO sit up and take notice. That puts the onus on the CFO to manage treasury risks and closely monitor the company’s international contracts. Treasury sanctions across the globe. They can start by checking the U.S.

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Finance Forecasting Treasury Concentration 107

Future CFO

SEPTEMBER 20, 2023

The survey questioned 355 senior executives of corporate treasury departments of large corporates, the firm added. By simplifying the inherent complexity of their own operating and IT models, banks and payment firms can boost productivity and performance to manage client treasury needs.”

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Cash Management Treasury Credit Risk Compliance 52

CFO Talks

AUGUST 10, 2022

Welcome to this SAIBA CFO podcast, SAIBA is the South African Institute of Business Accountants, it has more than 12 000 members in the country and specialises in a wide range of disciplines such as accountancy and tax, training and development, career enhancement, legislation and financial reporting.

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Auditing CFO Compliance Accounting 52

Future CFO

AUGUST 24, 2020

At the time of this crisis, where uncertainty takes centre stage, organisations are looking at the CFO to ensure business continuity. There’s an expectation from technology to have agile sourcing models, new supplier risk, maintain trade compliance and assess impact of duties and tariffs. You can find his bio below.

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SAP Treasury CFO Credit Risk 40

Michigan CFO

JUNE 14, 2022

They all play vital roles in the financial industry, overseeing revenue estimation, accounting, tax collection, treasury, etc. Comptrollers report to the Chief Financial Officer (CFO). Financial controllers report to the CFO of their organizations. Comptroller and Controller vs. CFO. CFO for Manufacturing Companies.

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General Ledger CFO Budgeting Accounts Payable 40

CFO Talks

OCTOBER 10, 2022

Welcome to the CFO Club Africa podcast, where we interview leading CFOs from Africa and beyond. CFO Club Africa is a division of the Chartered Institute of Business Accountants, the professional body for business accountants, financial managers and chief financial officers. I think the role of the CFO is changing.

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CFO Transportation Education Accounting 52

CFO Talks

NOVEMBER 10, 2022

Welcome to the CFO Club Africa podcast, where we interview leading CFOs from Africa and beyond. CFO Club Africa is a division of the Chartered Institute of Business Accountants, the professional body for business accountants, financial managers and chief financial officers. Go to www.cfoclub.co.za

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CFO Budgeting Communication Problem Solving 52

CFO News Room

NOVEMBER 30, 2022

And yet, despite the prominent role of taxes in financial planning, advisors are often prohibited by their compliance departments from making recommendations for a specific course of action on a certain tax strategy.

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Tax Planning Compliance Planning Communication 130

Future CFO

JANUARY 22, 2020

It aims to streamline repetitive and time–consuming compliance process for corporates, Lim noted, adding that it’d help to standardise the document regardless of where the banks are located. This means that compliance teams are being pushed to ensure their businesses remain competitive, as well as staying compliant.

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Compliance Treasury Banking Securities 52

PYMNTS

MARCH 30, 2017

For a few years now, analysts have pointed to the evolution of chief financial officer (CFO) as a strategic member of the organization. Finding a solution to competing demands on the CFO presents an opportunity for innovation,” he said in a statement. In short: The role of the CFO is more important than ever.”.

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CFO Strategic Planning Corporate Finance Risk Management 51

CFO Simplified

OCTOBER 10, 2023

Think in terms of Treasury Management. It’s important that you understand the measures that the bank will use to determine if you are in compliance — meeting the bank’s requirements. The post The Fear of Changing Banks appeared first on CFO Simplified. Be aware that services from banks are changing almost monthly.

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Banking Cash Flow Forecasting Forecasting Treasury 52

PYMNTS

NOVEMBER 3, 2020

The $20 trillion in corporate payments done through paper checks represents a staggeringly large greenfield opportunity – and there is any number of ways to modernize B2B interactions (and corporate treasury activities in lockstep). That sort of thing really does get the attention of the treasurer or CFO.”.

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B2B Treasury Accounts Payable Communication 82

Future CFO

FEBRUARY 10, 2021

The lively discussion highlighted the rising value of data in the CFO organization, the humanization of the role, and how CFO teams are becoming business partners. We replaced our entire treasury system in five months remotely,” he described. So, CFOs need to look for future-proofed technologies. New priorities.

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CFO Finance Auditing Treasury 52

Future CFO

MAY 26, 2020

Against the backdrop of economic and legal implications of non-compliance, companies are mandating self-isolation and work from home. She noted that the CFO function is at an inflection point. These tend to provide you with more credibility along with your ability to deliver your KPIs as CFO (for example).

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Financial Planning and Analysis (FP&A) Finance Treasury Education 52

Future CFO

DECEMBER 11, 2023

Why real-time payment matters to the CFO The 2023 U.S. Bank CFO Insights Report revealed that among 1,400 senior finance professionals in the US, cost control within the finance function and across the entire business ranked as the top priorities in 2023. The payment landscape is no exception.

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Banking Finance CFO Leverage 98

PYMNTS

OCTOBER 28, 2020

Panelists included Ariel Cohen , CEO of travel management firm TripActions ; Bob Youakim , CEO of Passport , which focuses on transportation management software; Chris Ward , head of Products and Innovation, Treasury Management at PNC ; and Sunil Sharma , chief technology officer and chief product officer at freight management firm Cargomatic.

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PYMNTS

OCTOBER 6, 2016

Reports also highlighted the shift in regulatory and compliance pressures when moving from for-profit companies to nonprofits. One of the largest challenges, analysts said, is the requirement for CFOs at nonprofits to report annually to the IRS. There is often a lack of resources offered to the CFO at a nonprofit firm, reports added.

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Nonprofit CFO Compliance Numbers 68

Future CFO

MARCH 7, 2021

Sereen Teoh , CFO at BIG Loyalty. The program works by enabling staff to elect what type of mentor they are looking for — for instance a manager or CFO — who meets with them at minimum once a quarter. I’m honoured to be working at Microsoft Hong Kong where the CEO, CFO and COO are all female, which is very rare in the tech industry.

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Finance SAP Leadership CFO 52

CFO News Room

NOVEMBER 13, 2022

The G-7 plans are likely to send oil prices higher (despite US Treasury Secretary Janet Yellen claiming the opposite ) and reduce tanker availability, both of which will threaten India’s energy security and hurt its economy as India is the third-largest consumer and importer of oil worldwide.

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