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financialreporting leaders indicated in a KPMG study that ethical concerns, such as bias or misinformation, are a barrier to AI adoption — down from 48% in 2023. financialreporting leaders reported that risks from using algorithms without human oversight are a barrier — down from over half (51%) in 2023.
Artificial intelligence (AI) is changing financialplanning and how industries operate. According to NVIDIA, 91% of financial companies are already using or testing AI. This helps businesses allocate resources efficiently and plan for long-term growth. What is AI in FinancialPlanning?
Did you know that 35% of organizations identify data quality and timeliness as significant barriers to effective financialplanning and analysis (FP&A)? This issue hampers forecasting accuracy, riskmanagement, and resource allocation. Gain Approval - Present the plan to management with expected benefits.
Strengthening Internal Controls and RiskManagement Internal controls form the backbone of audit readiness. Take a critical look at areas prone to audit issues—such as revenue recognition, procurement, impairment, and financialreporting—ensuring that controls in these high-risk areas meet compliance standards.
Whether through guiding a company through periods of expansion or navigating complex challenges, I am motivated by the potential to make a significant impact. Additionally, I plan to stay engaged in continuous learning, ensuring I remain adaptable and well-versed in the latest business trends and technologies.
Fiserv said in June it will incorporate Circle’s technology for its planned digital assets platform and stablecoin, dubbed FIUSD. On July 28, FIS and Circle said they’ll partner to allow financial institutions an option to let consumers make stablecoin payments with Circle’s currency. You can unsubscribe at anytime. TechTarget, Inc.s
Despite these favorable conditions, successful IPOs require meticulous preparation, robust financialreporting, and a governance framework that instills investor confidence. Companies must ensure they are operationally, financially, and strategically ready for the transition to public markets.
Repetitive tasks, such as financialreporting, are increasingly being automated, freeing up finance professionals to focus on strategic initiatives. A recent report by McKinsey estimates that automation could potentially displace up to 30% of work activities in finance and accounting.
As businesses aim for growth, astute financialmanagement becomes essential. Join us as we explore unique perspectives on financialreporting and data analysis, offering actionable insights for hospitality business owners seeking growth opportunities without a dedicated financial strategist.
Addressing such gaps is crucial for the organisation, including the Finance function, as it can impact cost planning and decision-making processes. Cloud-based financial systems have improved collaboration, making data more accessible while ensuring compliance with evolving regulations."
I was particularly impressed with how organised and meticulous the Chinese are in their planning and how they receive their guests. When you’re young, focus on deeply understanding the core accounting principles, financialreporting, and regulatory compliance. How do you balance your personal and professional life?
Under this familiar process, financial personnel export data from their organization's software, typically the company's Enterprise Resource Planning (ERP) system. One workaround found in cumbersome financialreporting processes includes using old legacy Excel-based financial models.
What to Consider Before Crossing the Border If your business is planning to expand internationally or already operates in multiple regions, here are critical areas that require your attention: 1. Before setting up shop, understand: Which financialreporting standards apply (e.g. IFRS, local GAAP)? Never assume.
You can unsubscribe at anytime. tariffs since the 1930s will stoke just short-term price pressures. Bowman said she anticipates three, quarter-point cuts by the end of 2025, leaving the main rate between 3.5% Futures traders see 44% odds of such an outcome. Registered in England and Wales. TechTarget, Inc.s registered office is 275 Grove St.
Leading unstructured work should not come at the cost of financialreporting, compliance, or riskmanagement. And perhaps most importantly, make sure the core responsibilities of finance remain protected. These are not side projects. They are key parts of the business’s future.
Scenario planning, diversification, and embracing technology like AI are vital strategies. Financial leaders must combine human-centered skills with strategic foresight to thrive in uncertain times. In the whole of Africa, that’s what we contribute to the funds that set the standards that we all use to apply financial statements.
Deep Dive Opinion Library Events Press Releases Topics Subscribe Search Subscribe Search Strategy & Operations FinancialReporting Compliance Technology Treasury RiskManagement Leadership An article from Sponsored How CFOs can win the finance talent war with AI-assisted planning Published Aug. The result?
That environment can easily lead to paralysis, with business leaders waiting for more information before undertaking planning actions. However, proactive planning can be a crucial tool that helps businesses to find stability within a challenging environment. What can a business do to plan for continually shifting tax rules?
Among other recommendations, the working group’s report also lays out a plan of action for the CFTC and the Securities and Exchange Commission, noting the two agencies should utilize their authority to help enable digital asset trading at the federal level. You can unsubscribe at anytime. Please select at least one newsletter.
Ensure auditable reporting and compliance The CFO needs to work with other functions like corporate financialreporting, regulatory compliance, tax, treasury, and legal to ensure timely, auditable reporting and financial accounting. You can unsubscribe at anytime.
You need systems that can: Flag classification risk before an invoice gets paid Forecast regulatory exposure in shifting markets Spot gaps in onboarding or missing documentation Detect changes in payment behavior or FX volatility At Papaya Global, AI helps us bring all of this into view. Not as a report next quarter, but as a signal today.
Higher oil prices exacerbate the ongoing stagflation shock stemming from tariffs and immigration restrictions,” Sløk said, referring to how plans by President Donald Trump to deport undocumented workers would reduce the labor supply. You can unsubscribe at anytime. The price of West Texas Intermediate crude oil surged to $77.68
Poroch’s appointment is “another example of the strong, deep leadership bench we have built here at Southern Company and a testament to our robust, long-term succession planning,” CEO Chris Womack said in a statement included in the Friday release. “We million in non-equity incentive plan compensation, according to the company’s latest proxy.
You can unsubscribe at anytime. Please select at least one newsletter. Registered in England and Wales. TechTarget, Inc.s registered office is 275 Grove St. Newton, MA 02466.
You can unsubscribe at anytime. We need to catch up with other states.” Penny Vaillancourt, director of Maine’s OPOR, in written testimony provided before a public hearing on May 7 said the OPOR was neither for or against the provisions of the bill that amended the education experience required for licensure. Registered in England and Wales.
Editors picks Zach Gibson via Getty Images House committee votes to scuttle PCAOB, make SEC auditor watchdog Democrats on the Financial Services Committee condemned efforts to eliminate the PCAOB, quoting Republicans who championed creation of the board in 2002. You can unsubscribe at anytime. You can unsubscribe at anytime. TechTarget, Inc.s
Last month Kirkland’s said it is going forward with plans to consolidate real estate and then treat about 290 of its locations “as the foundational footprint for Kirkland’s Home, Bed Bath & Beyond Home, and Overstock.” You can unsubscribe at anytime. The tie-ups are not just operational: These brands are also enmeshed to varying degrees.
Implementation planning for the organization should include: Documenting and Analyzing the Current State: Your current state involves the entire ecosystem you are working within, including your end-to-end technology stack and integrations, data cleanliness, business processes, and policies. You can unsubscribe at anytime. TechTarget, Inc.s
You can unsubscribe at anytime. In exchange, the U.S. will walk back threats to revoke visas for students from China, among other provisions. gain in shelter prices “was the primary factor” behind the monthly gain in CPI, the BLS said. Registered in England and Wales. TechTarget, Inc.s registered office is 275 Grove St. Newton, MA 02466.
Company executives also outlined the plans for Global Blue — a Swiss hospitality payment services provider that Shift4 finished acquiring in July — in Tuesdays earnings call. You can unsubscribe at anytime. A Shift4 spokesperson declined to comment on the CFO transition and the senior Isaacmans decision to step off the board. TechTarget, Inc.s
You can unsubscribe at anytime. We are putting together a very good list of candidates,” Bessent said, adding that Powell would break with tradition if he remains on the Fed’s policymaking body until his tenure as a governor expires in 2028. It would be “highly unusual for a chair to stay on,” Bessent said in a CNBC interview. TechTarget, Inc.s
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. Deloitte polled 200 CFOs in the U.S., Canada and Mexico last month.
The one bright spot in IT leaders’ plans is their ongoing commitment to AI,” BCG said in a report on the findings. Despite the current uncertainty, fully half say that they plan to expand their supplier base for this key technology in the near term.” You can unsubscribe at anytime. Registered in England and Wales.
According to Grant Thornton’s report, most executives (93%) plan to increase their tech investments this year, but the “competitive edge is no longer in large, monolithic systems.” Modern tech allows for modularized deployment,” Grant Thornton Technology Modernization Principal Tony Dinola said in the report. TechTarget, Inc.s
Published July 28, 2025 Jim Tyson Senior Reporter post share post print email license Business people wait for a job interview. Registered in England and Wales. TechTarget, Inc.s registered office is 275 Grove St. Newton, MA 02466.
Instead, a voluntary standard—based on European FinancialReporting Advisory Group's ( EFRAG) December 2024 guidance for non-listed SMEs—will be made available for companies outside the CSRD’s scope. For those who haven’t completed a DMA, consider starting with a focused financial materiality exercise.
The interim CEO appointment comes as Renault looks to strengthen its cost reduction plan, after announcing it would be implementing additional measures to cut expenses in its first quarter earnings report in April, according to company releases. Renault plans to announce its H1 2025 results on July 31. billion, a 2.5%
You have a riskmanagement problem. Thats why one of the foundational principles of The Charity CFO Financial Blueprint is Accounting Team : Every organization needs a skilled accounting team , minimally consisting of an accounting associate or bookkeeper and a CFO or finance director. You have a decision-making problem.
Andrew Harnik via Getty Images The White House on Wednesday released a long-awaited artificial intelligence action plan that called for removing regulations that could hinder innovation in the emerging space, among other steps. agencies to take appropriate action.
Deep Dive Opinion Library Events Press Releases Topics Subscribe Search Subscribe Search Strategy & Operations FinancialReporting Compliance Technology Treasury RiskManagement Leadership An article from Dive Brief Netflix taps Airbnb CFO Mertz for board The Airbnb executive previously served in various finance roles at Netflix.
Editors picks Zach Gibson via Getty Images House committee votes to scuttle PCAOB, make SEC auditor watchdog Democrats on the Financial Services Committee condemned efforts to eliminate the PCAOB, quoting Republicans who championed creation of the board in 2002. You can unsubscribe at anytime. Please select at least one newsletter.
Editors picks Zach Gibson via Getty Images House committee votes to scuttle PCAOB, make SEC auditor watchdog Democrats on the Financial Services Committee condemned efforts to eliminate the PCAOB, quoting Republicans who championed creation of the board in 2002. You can unsubscribe at anytime. EY polled 500 U.S. TechTarget, Inc.s
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