Remove Communication Remove Education Remove Financial Reporting Remove Risk Management
article thumbnail

ACCA: CFOs must build trust in AI

Future CFO

CFOS can do this by taking steps in their organisations to manage the associated risks with AI, as it plays a greater role in the accounting and financial reporting of businesses. Financial leaders and controllers will have to be confident about the adequacy of oversight and controls of AI systems.

article thumbnail

From CA to CFO: Navigating the competency framework

CFO Talks

It identifies 34 competencies structured within the four general roles of a CFO: Steward This role focuses on accounting, control, risk management, and asset preservation. With 9 competencies, this role focuses on leadership, communication, corporate governance, and change management.

CFO 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How to Earn Big as a CFO?

The Finance Weekly

Communicate with clients, investors, company leaders, and stakeholders. Manage cash flow and plan for financial needs. Supervise and offer suggestions for the financial department. Assist with risk management, audits, and research. Identify investment and financial planning opportunities.

CFO 52
article thumbnail

12 Best Paying Jobs in Finance in 2023

CFO News Room

As a financial executive, the chief financial officer (CFO) is responsible for the financial health of an organization. The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and risk management. Senior Accountants.

Finance 130
article thumbnail

How to Find the Best FP&A Candidates for Your Team

Spreadym

FP&A candidates typically have a background in finance, accounting, or a related field and possess a combination of skills and knowledge in financial analysis, modeling, and strategic planning. Many candidates also hold advanced degrees like a Master's in Business Administration (MBA) or a Chartered Financial Analyst (CFA) designation.

article thumbnail

The AI CFO: Understanding the impact of AI on the role of CFOs

CFO Share

AI-powered software can extract data from ERPs or accounting software, and automatically generate financial reports, including balance sheets, income statements, cash flow statements, and management discussion and analysis. Most bookkeepers do not have the education to run or quality check an AI engine.

CFO 40
article thumbnail

Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

We emphasized the importance of communication, setting priorities, and the initial avoidance of hasty decisions. The position of Chief Financial Officer has evolved significantly over the past few decades. This includes not just financial risks but also operational, regulatory, and strategic risks.