CFO News

DECEMBER 18, 2023

Explore the expert guidance of CFO Chandra Chandragiri as he shares a strategic playbook for CFOs navigating uncertainties. Delve into actionable insights on value-driven risk management, the significance of ESG actions, and the pivotal role of trust in today's dynamic economic landscape.

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CFO Network

FEBRUARY 14, 2024

How a Fractional CFO Can Transform Your Financial Strategy! It’s not just about making money; it’s about managing it efficiently. One way to achieve this is by bringing a Fractional CFO (Chief Financial Officer) to your team. Cost-Efficiency One of the primary benefits of hiring a Fractional CFO is cost efficiency.

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Future CFO

DECEMBER 7, 2023

China is currently facing an economic slowdown following the pandemic, which have raised concerns among ratings agencies that led to a downgrade in the country’s debt outlook. In dealing with this situation, considering how big of a market China is, CFOs must consider the following practices: 1.Enhanced

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E78 Partners

AUGUST 24, 2023

Knowing when to bring in an Interim Chief Financial Officer (CFO) can be a strategic decision that significantly impacts a company’s trajectory. Unlike a permanent CFO, an interim professional is often engaged for specific projects, transitions, or critical periods of change.

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CFO Share

AUGUST 8, 2023

The Chief Financial Officer (CFO) acts as your seasoned mountaineer, guiding your business towards its financial peak. This is where an outsourced CFO (aka fractional CFO) steps in, keeping your expedition moving toward the summit without delay. What are the Duties of an Outsourced CFO?

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CFO Talks

MARCH 14, 2024

Beyond the Basics: 7 Key Focus Areas for New CFOs 1. Introduction to the Evolving Role of the CFO In our previous discussion, we outlined the critical first steps a newly appointed CFO should take to establish a solid foundation within their organization. Activities that directly impact these objectives should take precedence.

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Future CFO

FEBRUARY 11, 2024

David W Duffy To set the baseline straight, the Corporate Governance Institute (CGI) defines sustainability as a holistic approach that considers the interplay between the three dimensions of environmental, social, and economic impacts. CFO and Chief Sustainability Officers can access micro-sector-specific tools as well as guidebooks. “We

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Future CFO

JANUARY 31, 2024

Jonathan Ashworth "The lagged impact of past monetary tightening could lead to an even more pronounced slowing in growth, and geopolitical risks remain very heightened, while the busy political calendar adds a sizeable extra degree of uncertainty and potential volatility," says Ashworth.

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Future CFO

DECEMBER 6, 2023

Being a chief financial officer (CFO) pertains not just to a career progression but the initiation of a whole new game, demanding a unique set of mindsets and practices to ensure not just immediate success but sustained value creation. This may involve making bold bets that could reshape core business functions.

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Future CFO

MARCH 14, 2021

While CEOs are optimistic about economic recovery, they might not be very concerned about climate change. One year after COVID-19 was declared a pandemic, 76% of global business leaders predicting that economic growth will improve in 2021, said PwC recently.

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Future CFO

SEPTEMBER 26, 2023

More than 80% of respondents reported that their organisations are more vulnerable to cyber risk due to the expanded use of technology. The primary reasons cited for these plans were fears of recession and uncertainty in the economic environment (59% of respondents) and inflationary pressures (58%).

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Future CFO

NOVEMBER 14, 2023

According to results of the firm’s 2023 Global Risk Management Survey of about 3,000 risk managers, C-suite leaders and other executives from 61 countries and territories, "attracting and retaining top talent" ranked fourth globally, after not breaking the top 10 in 2021, demonstrating a shift in how risk managers are viewing human capital today.

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CFO Leadership

JANUARY 5, 2024

The intensity stems from the larger, more far-reaching implications of the make-or-break decisions CEOs and boards expect CFOs to make quickly. To support these activities, CFOs also are prioritizing investments that strengthen data models and data governance. Learn more about how we can help you achieve your business goals today.

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Future CFO

APRIL 2, 2024

Despite concerns on risks, one in four business executives say their organisations are moving ahead with test runs on generative artificial intelligence (GenAI) in their operations, according to a study by AICPA & CIMA. Half of those surveyed, however, said they have not begun to consider use of the tools yet.

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CFO Leadership

JANUARY 25, 2024

Research from Protiviti shows that CFO priorities are intensifying and converging. The intensity stems from the larger, more far-reaching implications of the make-or-break decisions CEOs and boards expect CFOs to make quickly.

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Future CFO

NOVEMBER 20, 2022

“Mitigation plans need to be revisited to reflect the evolution of the risk and prepare the organisation to meet increasingly stringent disclosure requirements in the event of a breach,” she advised. Third-party risk management. Workforce management. IT governance. Data governance. Organisational resilience. •

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PYMNTS

APRIL 10, 2019

chief financial officers and financial leaders suggests cyber and payments fraud aren’t necessarily on CFOs’ radars. “ But cyberattacks and data breaches represent just one piece of the risk profile pie — and according to researchers, today’s CFO is prioritizing other threats facing the enterprise today.

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Future CFO

OCTOBER 11, 2020

Risk Management. We’ve done scenario planning and stress tests to anticipate the impact on financials models, translating risks into recommendations to business actions. In terms of changes, on the predictive models, we have to make changes on some of the assumptions taking into considerations the market and economic factors.

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Future CFO

FEBRUARY 16, 2023

Cost cutting might be the first thing that comes to mind when there's economic uncertainty. Lee Thong Tan (pictured), CFO Practice Lead, Asia, Workday explained in an interview with FutureCFO why cost cutting is not an effective way to deal with that and what CFOs could do to combat existing challenges.

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Future CFO

OCTOBER 16, 2019

While priority setting is an issue facing everyone, a CFO who has multiple responsibilities at work and is a mother of young children must do it right to stay focused, committed, and efficient. Subjects such as economics and accounting resonate with me. FutureCFO: What are some of the biggest challenges facing you as a CFO today?

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CFO News Room

DECEMBER 16, 2022

And while there’s no guarantee that any job will be immune to cutbacks or layoffs, some industries weather economic storms better than others. After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes. The CFO primarily controls financial affairs.

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Future CFO

DECEMBER 14, 2023

Artificial intelligence can help financial leaders create the timely insights needed to unlock exponential natural, social and economic value, according to a research by Ernst & Young.

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PYMNTS

APRIL 14, 2016

Earlier this year, American Express and CFO Research released findings from its latest Global Business and Spending Monitor to gauge where Canadian financial executives position themselves in the current market climate. Why CFOs may remain hesitant in the 2016 global economy, however, varies depending on geographical market.

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Future CFO

APRIL 25, 2022

“Executives now face a spread of risks that are difficult to plan against, including contagion effects from war in Europe, aggressive central bank tightening, and continued COVID-19 pressure on growth in major global markets,” he noted. Until this quarter, an economic downturn had not surfaced as a top five emerging risk, Gartner said.

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Future CFO

JULY 29, 2020

FutureCFO: What is the CFO’s role in an organisation when it comes to cyber risk management? David Sajoto (DS): Cybersecurity is a top priority for every organisation and this issue is especially significant to a CFO. Firstly, a CFO is a stakeholder in a cybersecurity purchase.

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Future CFO

DECEMBER 11, 2023

When it comes the top risks for 2024, economic conditions and inflationary pressure emerge as the top near-term concerns for the year, said Protiviti recently when releasing results of a survey conducted together with the NC State University Poole College of Management's Enterprise Risk Management (ERM) Initiative.

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CFO News Room

NOVEMBER 12, 2022

In March 2022, the SEC issued a proposed rule titled Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure. Recent research we conducted with research partner Proofpoint showed that almost two thirds of board members believe the organization is at risk of a material cyber attack.

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CFO News Room

FEBRUARY 2, 2022

Bonuses Are Risk Management Tool. The more interesting portion of the conversation is about when you should sell a stock like Google, towards the back half of this. Source: Bloomberg , February 2, 2022. The post When Do You Sell Google? appeared first on The Big Picture. Source link.

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Beacon CFO Plus

JANUARY 9, 2024

From Market Uncertainty to the Risks of Generative AI Whenever we assess the challenges of any upcoming year, there are familiar faces on the list: Economic volatility. Talent management. Challenge: Market Uncertainty The current economic market requires CFOs to take a more neutral approach. Regulatory changes.

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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.

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Future CFO

MAY 10, 2023

According to the accountancy body, 57% of respondents said risk culture has changed for the better since the pandemic. Resist the danger of tunnel vision when faced with a multitude of risks. Don’t mistake a ‘tick the box’ compliance approach as true, value-added risk management.

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Future CFO

FEBRUARY 22, 2022

Siang Leng Tay , CFO and head of FP&A for QBE Asia , summed it up by adding that the biggest change is the need to respond quickly to rapidly changing economic conditions/business challenges as well as being the co-pilot to senior management and Boards for strategic decision making. “It 2020-2021: period of challenges.

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Future CFO

NOVEMBER 7, 2023

There’s a pinch of optimism in Asia despite global economic uncertainty. More than 50% of companies in the region revealed that they increased efforts to collect overdue B2B invoices during the past 12 months, a policy complemented in each market by specific credit risk management tactics, the firm said.

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Future CFO

JANUARY 15, 2024

As leaders of the finance function, chief financial officers must be on top of the topic for better decision-making and risk management. Organisations have to understand ESG not merely for compliance or risk management, but as an opportunity to explore new opportunities or adapt their business models.

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Future CFO

OCTOBER 2, 2023

AI is being adopted by Japanese industries to improve productivity, quality control, risk management and customer experiences, thereby driving economic growth and technological leadership. Meanwhile, Japan is expected to have a US$12 billion investment in AI by 2027, rising at a compound annual growth rate of 25%.

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PYMNTS

JUNE 27, 2018

According to Frey, the current economic climate is particularly affected by sudden policy shifts that may not necessarily be rooted in sound economic fundamentals. This can expose companies to risk, explained Frey — even firms that may assume they are immune to currency fluctuations.

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Future CFO

FEBRUARY 27, 2024

It encompasses environmental, social, and economic dimensions and involves the responsible use of resources, reducing waste and pollution, promoting social equity, and ensuring economic viability over the long term,” she put forward. ESG reporting will continue to change and be refined, given the challenges of sustainability goals.

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