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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Top industry leaders hail PM Modi's vision for digital governance

CFO News

Top industry leaders on Tuesday lauded Prime Minister Narendra Modi for his visionary leadership, which has catalysed India's remarkable digital transformation, hailing the government's support towards reforms, innovation, and collaboration.

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Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

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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.

More Trending

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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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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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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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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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Travel and Expense Policy Success: Your Essential Checklist

Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.

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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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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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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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If It Aint Broke, Don’t Fix It: A Dangerous Mindset

Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

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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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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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#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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Navigating Corporate Travel Changes Post-Pandemic

Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

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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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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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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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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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4 Things Great Companies Do to Improve Cash Flow

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

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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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India needs to step up manufacturing to meet Viksit Bharat goal: Volvo Grp India MD

CFO News

​​Speaking at a symposium organised by the Indian Foundation for Quality Management, he said the country needs to cash in on the opportunity of $ 3 trillion worth of manufacturing shifting from "our neighbour to other geographies" by focusing on quality.

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The Financial Leaders Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.