Tue.Oct 15, 2024

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Accountants face new ethical challenges, research finds

Future CFO

Accountants are now facing a new era of ethical challenges, as a recent research by the Association of Chartered Certified Accountants found that leadership, culture, and sustainability are the top three areas of concern. According to the study, ethical dilemmas are becoming more complex amid a rise in business scandals and evolving expectations. Sixty-eight percent of respondents in Asia Pacific said that ethical dilemmas have become more difficult to resolve in the past three years.

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Using Predictive Analytics in Risk Management

CFO Talks

Using Predictive Analytics in Risk Management In today’s fast-paced business environment, managing risks effectively is more critical than ever. CFOs are tasked with not only safeguarding the financial health of their organisations but also navigating uncertainties that could impact business performance. One powerful tool that is transforming how businesses approach risk management is predictive analytics.

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How hasty digital transformations can backfire

CFO Dive

The stakes are high as companies race to adopt cutting-edge technologies like artificial intelligence and look to avoid falling behind competitors.

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1,043: Career Redefined: A CFO’s Move from Corporate Promise to Start-up Leadership | Aira Pineda, CFO, Scrubbed

CFO Thought Leader

As Aira Pineda stared out from her new office at a seemingly endless rice field, a voice inside her asked, ‘What are you doing here?” Only a year or two earlier, Pineda had been among the young urban professionals populating the bustling Philippine offices of accounting house KPMG. She had excelled quickly, so much so that she was assigned to a leadership role in a major audit project just 2 years into her career.

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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

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A CFO roadmap for successful and safe AI implementation

CFO Dive

Teams must ensure that proper data governance and management policies are in place before even considering AI adoption, writes AvePoint’s Jim Caci.

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Most accountants see ethical challenges increasing: ACCA

CFO Dive

Two-out-of-five accountants said they most frequently face ethical challenges at work because of weaknesses in company leadership and culture, the ACCA said.

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Accountants see leadership, sustainability, and AI as top ethical concerns: ACCA

CFO News

A recent ACCA report highlights growing ethical challenges for accounting professionals, with leadership culture (40%), sustainability (30%), and AI ethics (32%) emerging as top concerns. How can accountants navigate these increasing dilemmas? What role does ethical leadership play, and how should the profession adapt to these evolving demands?

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Companies to shift 9% more nearshoring to Mexico

CFO Dive

Mexico is poised to replace Canada as the second-most popular country for nearshoring, as its share of U.S.-serving supply chains is expected to rise to 36%.

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Audit quality: Regulatory bodies set for tussle

CFO News

The Institute of Chartered Accountants of India (ICAI) released a new Standard of Quality Management (SQM), potentially clashing with the National Financial Reporting Authority (NFRA). NFRA, regulator for auditors of listed and large companies, insists on government notification and argues for alignment with global norms to prevent financial discrepancies.

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Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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S&P Global swipes State Street CFO for finance chief

CFO Dive

The credit ratings firm will pay State Street CFO Eric Aboaf a $2.4 million signing bonus when he takes their top financial seat in February.

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Inspiring leadership: Hispanic and Latino colleagues on what it takes to succeed in finance

Bank of the West

As we celebrate Hispanic Heritage Month, we honor the vibrant histories, diverse cultures, contributions and influence of Hispanic and Latino Americans. Here are the voices of inspiring Latino leaders and… Read more The post Inspiring leadership: Hispanic and Latino colleagues on what it takes to succeed in finance appeared first on About BMO.

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Cybersecurity And Innovation: The Twin Pillars Of Modern Payments

Global Finance

Legacy systems feed rising fraud threats Legacy systems feed rising fraud threats Customers of banks and payment providers are increasingly falling victim to scams. In 2023, nearly 36% of all banking customers in the US experienced some form of fraud, with over $10 billion lost, up three times on 2020. Scammers exploit vulnerabilities in outdated systems using phishing, account takeover, and payment diversion techniques.

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Transcript: Joe Lonsdale, 8VC

Barry Ritholtz

The transcript from this week’s, MiB: Joe Lonsdale of 8VC, Palantir, Adapar & Opto , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ This is Masters in business with Barry Riol on Bloomberg Radio 00:00:16 [Speaker Changed] This week on the podcast.

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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Anaplan AI review and alternatives [2024]

Cube Software

Key takeaways Anaplan AI uses artificial intelligence and machine learning to provide practical insight into a company’s data. Anaplan has three AI solutions: PlanIQ, Optimizer, and predictive insights. Some top Anaplan AI alternatives include Cube, IBM Planning & Analytics, and Jedox. What is Anaplan? Anaplan is a business planning, forecasting , and performance management software platform that enables businesses to connect their financial, strategic, and operational planning in real-time.

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EY: APAC IPO market stabilises in Q3

Future CFO

The Asia-Pacific region has seen a notable turnaround in the IPO market in the third quarter of 2024, according to Ernst & Young. By overcoming earlier declines, Asia-Pacific has contributed to an 11% quarter-on-quarter increase in global IPO numbers. This rebound, EY says, was marked by increased activity in mainland China, Indonesia, Malaysia and South Korea and has brought in confidence into the global market amid times of heightened uncertainty.

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India's Gen Z set to drive $1.8 trillion worth direct spend by 2035

CFO News

India is a young nation with 377 million Gen Z population and they will be the biggest contributor to the country's consumption growth, driving $1.8 trillion worth of direct spend by 2035, a report showed on Wednesday.

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Transforming Financial Strategy: From Static Budgets to Dynamic Planning

CFO Thought Leader

Revvity CFO Max Krakowiak emphasizes three core areas of focus at Revvity: improving budgeting processes, optimizing working capital performance, and increasing internal investment. Recognizing the inefficiencies of static budgeting, he aimed to create flexibility for unexpected needs throughout the year. Additionally, he prioritized improving free cash flow conversion, which historically lagged at PerkinElmer, by addressing working capital issues.

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Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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Maha govt brings ordinance on Stamp Duty Act, expects to generate additional Rs 2,000 cr annually

CFO News

The MahaYuti government has released an ordinance to amend the Maharashtra Stamp Act, 1958 proposing the increase in stamp duty on affidavits, agreements and related documents to Rs 500 from the present Rs 100. The stamp duty on share capital has been increased to Rs 1 crore from Rs 50 lakh.

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#FASuccess Ep 407: Building Retirement Portfolios With A Liability-Driven-Investing Approach To Manage Sequence Of Return Risk, With Mark Asaro

Nerd's Eye View

Welcome everyone! Welcome to the 407th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Mark Asaro. Mark is the Chief Investment Officer of Noble Wealth Management, an RIA based in Greenwood Village, Colorado, that oversees $320 million in assets under management for 160 client households. What's unique about Mark, though, is how he uses a liability-driven-investing approach to build retirement portfolios and manage sequence of return risk, with a particular focu

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Key Considerations for Small Business Financial Regulation

CFO Plans

In the ever-evolving world of financial services, small businesses often find themselves grappling with the intricate web of financial regulations. Navigating these rules is not just a mandatory task but a strategic move crucial for success and growth. Get Expert Financial Guidance to ensure your business excels in a regulated environment. Understanding the Complexities of Financial Regulation for Small Businesses Financial regulations are crafted to uphold the integrity and stability of the fin

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How India may shape up as a global semiconductor manufacturing hub?

CFO News

The government announced 50% financial support for companies setting up such facilities, leading to investment commitments worth Rs 1.5 trillion in a short span.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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S&P Global appoints Eric Aboaf as CFO

CFO News

​​Prior to his role at State Street as CFO and Vice Chairman, Aboaf was CFO of Citizens Financial Group and held finance roles at Citigroup, including Treasurer. Earlier in his career, Aboaf was a partner at Bain & Company, co-leading its US financial services consulting practice.

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"Our government has recognized importance of digital connectivity": Kumar Mangalam Birla

CFO News

At the International Telecommunication Union World Telecommunication Standardization Assembly, Kumar Mangalam Birla, Chairman of the Aditya Birla Group, praised the Indian government for its commitment to digital connectivity and highlighted the need for the nation's small businesses to be part of the digital transformation.

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Mahindra Finance partners with Salesforce to enhance MSME lending

CFO News

The Salesforce Platform will enable Mahindra Finance to build secure, future-ready solutions, integrating enterprise data, AI, security, analytics, automation, and low-code development.

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India Inc too riding GCC wave

CFO News

Legacy companies are also recognising the need for a robust, centralised tech strategy and talent in a world where rapid evaluation of technology is disrupting and transforming businesses, say experts.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.