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The End of Accounting? Sustaining Financial Reporting

CFA Institute

The explanatory power of the financial information reported to investors for market valuation has plummeted in recent decades.

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IFRS 17 disclosures improvements needed: FRC

Future CFO

The Financial Reporting Council (FRC) calls for IFRS 17 disclosures improvements in its recently published IFRS 17 'Insurance Contracts' thematic review.

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A Practical Guide for the New CFO

CFO Talks

The CFO must review existing controls, identify any gaps, and implement improvements to safeguard the company’s assets and ensure accurate financial reporting. Understand and Mitigate Risks: A CFO must have a comprehensive understanding of the various risks the company faces, including operational, financial, and strategic risks.

CFO 40
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The modern CFO: Guardian, Change-maker, Manager, Planner

CFO Talks

Steward (Guardian): Safeguarding Assets and Compliance This role is vital for maintaining trust with stakeholders and ensuring the financial health of the organization. This involves managing risks, ensuring compliance with financial reporting requirements, and mitigating operational and fraud risks.

CFO 52
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From Controller to CFO: What Changes?

CFO Talks

Key Differences in Everyday Tasks: Reporting: The Controller prepares financial reports; the CFO reviews these reports and uses them to make decisions or plan strategies. Financial Reporting and Management: The Controller is entrusted with maintaining the chart of accounts and overseeing outsourced functions.

CFO 52
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What is Financial Planning and Analysis (FP&A)?

Spreadym

This includes analyzing revenue and expense trends, profitability, cost drivers, key performance indicators (KPIs), and financial ratios. Financial Modeling: FP&A professionals utilize financial modeling techniques to create dynamic and scenario-based financial models.

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What Is a CFO?

Michigan CFO

Financial Reporting. One of the great challenges business owners face is that they don’t know how to measure their business’s health. A CFO can create financial reports that simplify the bookkeeper or accountant numbers into informative metrics that a business owner can act upon. Financial Forecasting.

CFO 40