Remove Compliance Remove IFRS Remove Risk Management Remove Technology
article thumbnail

Hedge Accounting: 3 Key Benefits of IFRS 9

Reval

IFRS 9 is changing hedge accounting forever. Companies in the European Union have only begun to kick off their IFRS 9 initiatives since the European Commission endorsed the standard in November 2016. IFRS 9 Advantages in a Nutshell. Finance professionals had to hedge for all risks, rather than for just the aluminum component.

IFRS 52
article thumbnail

Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

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? With a large and diverse enough data set (e.g.

Finance 95
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

Turning challenges into opportunities: being a financial controller in 2024

Future CFO

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.

article thumbnail

EY: Southeast Asia businesses fall short on climate strategy

Future CFO

Sectors exposed to the greatest climate risk unsurprisingly have the most detailed plans, and these include energy (78%), mining (29%), transport (42%), and telecommunications and technology (43%). Agriculture, however, falls behind, with 47% of those surveyed in that sector disclosing any form of transition plan.

IFRS 52
article thumbnail

TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

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? With a large and diverse enough data set (e.g.

Finance 52
article thumbnail

Mapping Out Successful FP&A Management In the Face of Adversity

The Finance Weekly

Effective practices in this indispensable aspect of business can be defined by 4 categories; personal leadership, technological leadership, operational understanding, financial competency and strategic capacity. Technological leadership. 5 Leadership Competencies for CFOs 1.

article thumbnail

Latest Updates and Insights on SAP RISE and GROW

Bramasol

In combination with the SAP Business Technology Platform, the core cloud ERP has access to a wide range of applications and third-party extensions that help clients differentiate their businesses with technologies such as machine learning, process automation and artificial intelligence (AI), such as Joule.

SAP 59