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IFRS 17: Huge work required before delivery success

Future CFO

Insurers have reported that there is still a huge amount of work to complete in order to successfully deliver IFRS 17 ahead of the 2023 deadline, said WTW recently. According to WTW’s latest survey, entitled ‘IFRS 17: Will we make it?’, insurers report material progress has been made since WTW’s previous IFRS 17 poll in 2021.

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Cash-Flow Forecasting remains KING

Simply Treasury

“If you have to forecast, forecast often” (Edgar R. Need for reliable forecasts. Nobody could deny the importance of having accurate and reliable Cash-Flow Forecasts (CFF). Managing cash is easier than forecasting cash. Managing cash is easier than forecasting cash. So, what are the keys to good forecasting?

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Family Office Financial Management

https://trustedcfosolutions.com/feed/

Financial governance allows your organization to meet compliance requirements, such as IFRS and GAAP updates, by having the right financial controls in place. Investing in multiple asset classes and across multiple entities can be complex if the right systems aren’t in place.

GAAP 116
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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

With the pending release of ChatGPT plugins that can do everything from browse the internet to write computer code, an array of additional functionalities such as real-time analytics, advanced forecasting, and intelligent customer service are coming in the very near future.

Finance 95
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TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

With the pending release of ChatGPT plugins that can do everything from browse the internet to write computer code, an array of additional functionalities such as real-time analytics, advanced forecasting, and intelligent customer service are coming in the very near future.

Finance 52
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34 Competencies required to become a CFO(SA)

CFO Talks

Competencies include: Working knowledge of risk management, budget, and forecasting tools. Investment and credit risk knowledge. Accounting knowledge (IFRS and taxation). Treasury and investment management. Information quality and control rationalisation are top-of-mind issues for the Steward. Project management.

CFO 52
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Navigating uncertainty: Manage the impact of inflation

Future CFO

They can also gain full cash visibility across the enterprise and predict cash flow with AI-enabled forecasting capabilities, optimising liquidity, accelerating cash flow, and simulating future outcomes. Acting quickly and proactively. Preparing for what's next.

IFRS 52