This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
From achieving clean audits in the public sector to leading diverse teams and mentoring the next generation of finance professionals, his journey is a testament to determination, faith, and the power of transformative leadership. I’m an early riser, usually up by 4 a.m. on weekdays. Before then, I was focused on becoming a social activist.
This opportunity allowed me to audit clients like the South African Revenue Service and South African Tourism, as well as manage accounts for Mastercard South Africa. When team members observe my approach to challenges and decision-making, they gain insights into effective problem-solving and professional standards.
Whether you’re a finance professional, business owner, or decision-maker, understanding how to leverage FIS can mean the difference between reactive problem-solving and proactive success. These systems automatically flag discrepancies, reducing the chance of financial penalties and improving audit readiness.
When facing professional challenges, my approach is centred around maintaining a problem-solving mindset and a proactive attitude. This helps in developing a well-informed strategy to tackle the problem. How do you handle professional challenges?
This broadened her skills and highlighted the importance of cultural sensitivity, teamwork, and innovative problem-solving. Each team member brought unique perspectives and approaches to problem-solving, which often led to innovative solutions that I had not previously considered.
Although hired as a Financial Manager, I found myself knee-deep in operations, problem-solving, and finding better ways to work. These experiences have taught me the importance of adaptability and respect for different perspectives in decision-making and problem-solving. He was not disappointed!
As they assist in compliance audits and the monitoring of internal controls to ensure that everyone within the company does their job correctly, they are also expected to thrive and flourish amid the challenges along the way for the benefit of the organisation. “Due
Look for an accounting partner that values open communication, responsiveness, and proactive problem-solving. Your accounting partner should have robust measures in place to protect your sensitive information, including encrypted data storage, secure communication channels, and regular security audits.
Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. HENK CRONJE: Yes, Ciaran, I think quite a lot and more often than people actually realise it, maybe just because they don’t see it as problem-solving issue.
CFOs typically have a deep understanding of economic theory and practice and strong analytical and problem-solving skills. IT auditors are responsible for conducting audits and should therefore be experts at this task, which may require financial institutions to appoint them. Financial Manager. Average salary: $134,180 per year.
You used to audit nonprofit organizations back in the day, similar to me, but while I was the CFO of a nonprofit, you were my auditor. Um, so that we can ensure we get through audits and then just kind of balancing all of those things together. And comparing things to the audit is always the first step that I take.
This includes technical skills like accounting and financial analysis and soft skills like communication and problem-solving. Structured Onboarding: Develop a comprehensive onboarding program that familiarizes new hires with company culture, processes, and expectations.
I also found that I love audit, being able to use professional skepticism to question the workpapers and ensure integrity in the financials. Besides hard skills, soft skills such as problem-solving, communication, and leadership skills as I mentioned earlier will be valuable for F&A professionals as well.
Having graduated from General Electric’s Financial Management program in 2001, the 20-something Conti had only recently been assigned to GE’s corporate audit staff when he was dispatched overseas for a 5-year tour of duty.
To fulfil these requirements, soft skills such as stakeholder management, relationship building, emotional intelligence, problemsolving and communication are crucial for finance professionals in 2021 alongside core technical capabilities such as financial planning, modelling and data analysis. .
In the accounting plus era, CPAs are moving into a wider range of businesses beyond the traditional accounting and auditing sectors,” said Patrick Law, President of HKICPA. Despite the economic uncertainty, accounting professionals remain in high-demand across Hong Kong for the diverse services they offer.
Starting my career in auditing, I found it interesting and amazing to understand how businesses operate and create values—that was when I began to accumulate knowledge around finance and how finance works in businesses. Cyndi Pei (CP): My interest in finance started to blossom in my junior college days.
‘ Give it grit and you can achieve whatever you want to achieve’ Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. CFO Talks is a brand of the South African Institute of Business Accountants.
Assist with risk management, audits, and research. Problem-Solving Skills CFOs tackle financial issues within an organization, requiring analytical, research, creative, and decision-making skills. Communicate with clients, investors, company leaders, and stakeholders. Manage cash flow and plan for financial needs.
This can help with internal communication, problem-solving, conflict resolution, and growth acceleration. We provide a comprehensive, affordable, and audit-ready financial management system to nonprofit organizations just like yours.
We are very intentional about being compliant and getting a clean audit’. The challenges would basically be problemsolving, coming up with solutions, understanding the business, understanding how everyone operates, what the requirements are and how to support that. What are the biggest challenges that you face every day?
During the fluctuating pandemic, skills in financial modelling that requires the incorporation of internal and external data including macroeconomic data as well as the skill of using AI and other predictive analytical tools in forecasting have become important on top of sophisticated accounting, auditing, and compliance.
I used to audit nonprofit organizations. Tosha Anderson: So, um, we talk to a lot of an individuals we help problemsolve. Those people though are not like the other 20% of accountants, which is more like strategy, problemsolving exactly. But, um, let’s just go ahead and dive right into the conversation.
And really, the adversity and the problemsolving is something I really…I don’t shy away from. We need paystubs, audit your tax withholdings. If we wanted to start doing video content, that’s fine, we have this process. I thrive from. Let’s discuss those goals. ” would just be an example.
Part of my studies was Business Information Systems, which contributed to my corporate technical issues problemsolving. Our work is mostly based on software and online applications. Being in the industry for over 10 years has also given me the opportunity to learn human behavior and people skills.
These experiences have enriched my understanding of how different cultures approach collaboration and problem-solving. In addition, I have worked in various countries, including Malawi, and I am currently based in South Africa.
My interest in finance was sparked by a passion for problem-solving and analysing numbers. Early in my career, I had the privilege of working under an audit partner who recognised my potential and introduced me to my first business book, Rich Dad Poor Dad by Robert Kiyosaki. What sparked your interest in finance?
We organize all of the trending information in your field so you don't have to. Join 39,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content