Future CFO

JULY 21, 2024

The finance team can make this possible through the management of associated risks with AI, as it plays a greater role in the accounting and financial reporting of businesses. AI can also uncover hidden trends and potential risks in vast datasets, enhancing decision-making and financial controls," Abrol notes.

Finance 104

Finance Accounting Principles Problem Solving Accounting 104

Future CFO

MAY 1, 2024

As the person responsible for preparing an organisation’s financial reports, which include balance sheets and income statements, the role of a finance controller is anything but ordinary. A controller is a pivotal role in the organisation which allows one to showcase both technical and soft skills,” Geronimo says. “Due

Leadership 98

Leadership IFRS Finance Communication 98

CFO Talks

AUGUST 15, 2024

Example: A multinational corporation recently integrated AI to streamline their financial reporting process. The AI system was trained to extract relevant financial data from various departments, standardize it according to the company’s reporting format, and develop preliminary financial reports.

CFO 52

CFO Finance Problem Solving Budgeting 52

CFO Talks

AUGUST 13, 2024

As a CFO, your role goes beyond crunching numbers— it’s about creating a team that’s dynamic, cohesive, and ready to tackle the financial challenges of today and tomorrow. This includes technical skills like accounting and financial analysis and soft skills like communication and problem-solving.

Finance 52

Finance CFO Problem Solving Communication 52

The Charity CFO

NOVEMBER 20, 2023

Finally, when it comes to proactively planning for Giving Tuesday, numbers matter. When the script is flipped and one begins to think in the shoes of a donor, the true problem-solving method kicks in. Do You Struggle to Make Sense of Your Financial Statements? Michelle gives some data points about raising money.

Nonprofit 52

Nonprofit Problem Solving Education CFO 52

The Charity CFO

MARCH 2, 2022

A couple things actually, number one, that we’ve alluded to transition in leadership. You, and really oftentimes it’s an understanding of the compliance needs issue, um, and a skillset, frankly, rather than, rather than a… a number of bodies issue. I don’t know if my financial reports are inaccurate.

Nonprofit 94

Nonprofit Auditing Reconciliations Accounting 94

The Charity CFO

APRIL 23, 2024

If you haven’t picked up on it yet, we can learn so much from Tamela’s leadership perspective which is just as essential to an organization and its culture as the numbers and quantitative aspects. Many times, problem solving takes place in the moment and never on paper, so there can be missing items from the actual workflow/process.

Nonprofit 52

Nonprofit Leadership Problem Solving Education 52

Planful

JANUARY 11, 2022

As technology crunches the growing volumes of data, soft skills like critical thinking, problem-solving, and communication will become crucial for Finance to succeed. #1 Without AI, employees are burdened with hours of monotonous tasks like reporting and data reconciliation. 1 – Let AI do the heavy lifting.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

CFO Talks

NOVEMBER 1, 2024

My interest in finance was sparked by a deep fascination with numbers and their ability to tell stories about businesses and economies. These experiences have enriched my understanding of how different cultures approach collaboration and problem-solving. Key areas include: 1.

Prioritization 98

Prioritization CFO Leadership Communication 98