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5 Excel-heavy Pain Points still Dragging down finance teams in 2025

The Finance Weekly

A finance director at a large niche pharmaceutical company told us: “We have a lot of manual processes and inputting and that type of stuff which I am trying to get away from. One workaround found in cumbersome financial reporting processes includes using old legacy Excel-based financial models.

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The CFO’s New Mandate: Scott Farrell’s take on Emotional Intelligence, Leadership, and Judgement in a Complex World 

CFO Talks

Farrell describes the modern CFO as a risk officer, operations expert, digital transformation agent, and negotiator, a sentiment echoed in recent global research from Deloittes 2024 CFO Signals Survey, which noted that over 70% of CFOs now spend the majority of their time on strategy and operations, rather than financial reporting.

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CFOs ‘getting more risk averse’ in Trump economy

CFO Dive

On Tuesday, the president said he was planning to introduce tariffs of 50% on copper imports and levies “at a very, very high rate, like 200%” on pharmaceutical products, as reported by CFO Dive sister publication Supply Chain Dive. You can unsubscribe at anytime. Informa PLCs registered office is 5 Howick Place, London SW1P 1WG.

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Chinese Study highlights limitations on IAS 38, accounting for intangible assets

CFO Talks

The study found that many firms in China’s emerging high-tech markets are forced to expense their R&D entirely, which can stunt their growth and distort financial reports. This inconsistency further clouds the financial reporting and makes it difficult for investors to assess the true value of companies.

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TNFD Releases Final Recommendations on Nature-Related Risk Management

Future CFO

The Taskforce on Nature-related Financial Disclosures on Sept. 18 released its final recommendations on nature-related risk management and disclosure, aligned with existing Global Reporting Initiative (GRI) and International Financial Reporting Standards (IFRS) and Kunming-Montreal Biodiversity Framework requirements.

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Why IAS 38 is Hindering South Africa’s Growth: A Call for Change

CFO Talks

Similarly the South African Financial Reporting Standards Council (FRSC) has adopted a blanked adoption approach to IFRS and IAS with very little effort to consider if the standards will contribute to local economic growth and employment. As a developing nation, we cannot afford to stifle our innovation.

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Futuristic Finance: Strategic Thinking for Tomorrow’s CFO

CFO Talks

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.

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