Centage

JUNE 7, 2022

However, these days, chief financial officers do a great deal more than financial reporting. Along with tracking cash flow and providing timely information, the best CFOs are strategizers, analyzing a company’s strengths and weaknesses from a financial perspective and helping direct decision making.

CFO 97

CFO Forecasting Budgeting Data Analysis 97

The Finance Weekly

JANUARY 21, 2024

Problem 1: Using Old and Cumbersome Excel Models Many of us have developed a financial reporting process that uses workarounds for limitations in our ERP software and to ensure we can meet our deadlines without accidentally breaking something. All involving Excel data manipulation.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 40

Future CFO

FEBRUARY 11, 2020

South Korea life insurance firm Kyobo Life has implemented a high-performance computing platform for IFRS 17 and K-ICS financial reporting compliance, said AON recently. within 30 hours, with no significant impact on the calculation run-time even when the number of scenarios increased from 200 to 1,000, according to AON.

IFRS 40

IFRS Compliance Risk Management Economics 40

CFO Leadership

OCTOBER 18, 2023

They’re not very good at mathematics or dealing with numbers in general. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

Finance 52

Finance Accounting Auditing IFRS 52

PYMNTS

OCTOBER 29, 2018

Thirty-nine percent of CFOs said they are fully confident in managing top risks , meaning the majority lack the confidence they need. The number-one reason why, Workday found, is because CFOs are unable integrate finance and non-finance data to uncover and analyze their risks.

CFO 58

CFO Corporate Finance Finance Risk Management 58

Planful

JUNE 3, 2021

Your finance team’s scrambling to gather data from the various business units within the organization, dealing with an overwhelming number of spreadsheets, and creating multiple versions of the same consolidated financial statement to comply with different regulatory bodies. It’s close time. Sound familiar? The solution?

Compliance 40

Compliance Reconciliations Currencies Finance 40

The Finance Weekly

OCTOBER 13, 2021

Make a financial reporting strategy. One of the most difficult aspects of a merger or acquisition for finance experts is combining the financial data of two independent firms into one. When it comes to something as vital as risk management, though, best practices must be followed: 1. Secure a quick win.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52

CFO Talks

OCTOBER 19, 2022

When you have a mind that is focused on delivering results or goals for the organisation, your mindset around budgeting, around reporting, differs from when you are focused on just reporting. I think the responsibilities now are more strategic and have to do with the overall managing of the business.

CFO 52

CFO Education Finance Accounting 52

The Finance Weekly

JULY 19, 2022

FP&A teams are responsible for a variety of activities, including periodic financial close and consolidations, strategic and annual planning, monthly forecasting, cash flow forecasting, financial reporting, financial modeling, and what-if scenario planning and analysis. Risk Management.

Financial Planning and Analysis (FP&A) 96

Financial Planning and Analysis (FP&A) Budgeting Forecasting Finance 96

CFO Talks

DECEMBER 8, 2021

But in a nutshell, I’m within the finance team, particularly the regulatory reporting team within Citibank and as a regulatory accountant, one is tasked to ensure that accurate and timely regulatory reporting to the South African Reserve Bank. CIARAN RYAN: Are you based in Johannesburg or where is your head office in South Africa?

Auditing 72

Auditing Accounting Banking Risk Management 72

CFO Talks

FEBRUARY 20, 2024

An experienced CFO with a strong ack record in financial leadership and strategic planning, skilled in financial analysis, risk management, compliance , and financial reporting, a nd excels in team management and fostering a collaborative environment. And as I said, he’s a qualified CA.

CFO 52

CFO Leadership Accounting Finance 52

The Charity CFO

DECEMBER 22, 2021

And, and you, and I know we see, because we see the numbers, we, we see the financial situation of nonprofits and we certainly see that their own staff, the founders are otherwise. That’s the number thing, or they, they reach out to me and I respond. But it really is true. Like I am a service provider.

Nonprofit 90

Nonprofit Budgeting Accounting Planning 90

Barry Ritholtz

SEPTEMBER 12, 2022

I wasn’t that typical person that did a number of, you know, internships during the summer, had that …. BITTERLY MICHELL: … risk management. So obviously, we’re seeing some relief in the commodity sector, but more broadly it’s, you know, whether or not how quickly are we going to see that number come down.

Investments 116

Investments Marketing Profit and Loss Banking 116