CFO Talks

NOVEMBER 29, 2024

Members’ Profile: Rofhiwa Irene Singo In this edition of our CFO Spotlight series, we are featuring Rofhiwa Irene Singo, an accomplished finance leader whose journey is a testament to resilience, adaptability, and impactful leadership. Share your favorite leadership lesson.

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CFO Auditing Leadership Finance 95

CFO Talks

OCTOBER 25, 2023

The journey from a Chartered Accountant (CA) to a Chief Financial Officer (CFO) is a transformative one, requiring a shift from technical expertise to strategic leadership. The Certified Financial Officer (SA) designation offered by CIBA provides a comprehensive competency framework to guide this transition.

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CFO Leadership Risk Management Strategic Planning 52

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. The post Preparing Your Finance Organization for the New Era of AI first appeared on CFO Leadership.

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Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

Centage

JUNE 7, 2022

However, these days, chief financial officers do a great deal more than financial reporting. Along with tracking cash flow and providing timely information, the best CFOs are strategizers, analyzing a company’s strengths and weaknesses from a financial perspective and helping direct decision making.

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CFO Talks

JUNE 7, 2022

In developing the CFO(SA) designation, we identified 34 competencies and four pillars that the Modern CFO needs to fulfill to excel in their leadership position. Steward Role & Competencies: Accounting, control, risk management and asset preservation are the proficiencies of the Steward. Strategic risk management.

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CFO IFRS Leadership Risk Management 52

Future CFO

MAY 5, 2024

Boardroom leadership, including chief financial officers, needs to manage artificial intelligence risks to drive trust, according to the Association of Chartered Certified Accountants. Financial leaders and controllers will have to be confident about the adequacy of oversight and controls of AI systems.

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Risk Management Leadership Auditing Finance 52

CFO News Room

DECEMBER 16, 2022

The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and risk management. CFOs are some of the highest-paid finance professionals because they have experience and networks and excel at financial leadership.

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The Finance Weekly

JANUARY 31, 2022

However, there have been many organizations that have successfully persevered through the challenges posed by the past couple of years, and among the differentiating factors between such businesses is leadership. Leadership across business departments is a foundational element of success. 5 Leadership Competencies for CFOs 1.

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Financial Planning and Analysis (FP&A) Leadership IFRS Budgeting 52

CFO Plans

JUNE 14, 2024

Discover how our strategic accounting services can embolden your financial strategy and risk management. Cloud-Based Accounting Software for Future Financial Management Gone are the days of manual bookkeeping and cumbersome spreadsheets.

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Accounting Manufacturing CFO Tax Planning 52

CFO Talks

AUGUST 14, 2024

For CFOs, this responsibility extends to ensuring transparency, integrity, and accountability in financial reporting and decision-making processes. Strengthening the Tone at the Top The tone at the top refers to the ethical climate set by the organization’s leadership, particularly the board of directors and executive management.

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CFO Leadership Risk Management Communication 52

The Finance Weekly

DECEMBER 2, 2024

Some 41% of finance teams have issues Identifying and correcting errors, 31% have problems finding and gathering necessary data, 24% have challenging questions on sources of data, 23% face challenges tracking multiple Excel versions, 20% have a bugbear of broken formulas, 19% are far from confident presenting this data to non-finance leadership.

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Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 52

Future CFO

JANUARY 25, 2024

Ronald Wong Such involves providing actionable insights on the opportunities and risks associated with climate change, as well as the potential financial impacts. The regulatory landscape is also becoming increasingly complex, according to Wong, with frequent updates and changes in financial reporting requirements.

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CFO Finance Leadership Investments 94

The Finance Weekly

JANUARY 22, 2024

Assist with risk management, audits, and research. Identify investment and financial planning opportunities. Collaborate with other executives and department heads on budget creation and management. Attend board meetings and provide detailed financial reports and recommendations to company leadership.

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VCFO

APRIL 21, 2022

Gary takes pride in his aptitude for organizational development, has significant experience as a senior advisor to leadership, and excels in formulating strategies to facilitate the attainment of business targets.

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CFO Strategic Planning Auditing Finance 52

Beacon CFO Plus

NOVEMBER 15, 2023

Cash Flow Management: Managing cash flow is critical for SMEs. Fractional CFOs help monitor and optimize cash flow to ensure your company’s financial stability and growth. Financial Reporting: They prepare and analyze financial reports, providing valuable insights into your company’s financial health.

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CFO Budgeting Financial Analysis Strategic Planning 52

Future CFO

AUGUST 23, 2022

These days, at least in Asia, sustainability responsibilities appear to be more closely associated with a Chief Financial Officer (CFO). Lim opined that with the level of scrutiny over ‘non-financial’ and ‘financial’ reporting on the rise, corporates need buy-in and support from the Board to push the sustainability agenda.

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Auditing CFO Finance Treasury 98

Future CFO

MARCH 1, 2023

Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporate finance function manages its strategy, processes, internal controls, and financial reporting.

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Finance Benchmarking Compliance SAP 91

CFO Talks

OCTOBER 22, 2024

Regulatory Risk : The South African regulatory environment is evolving, and staying compliant with changing laws is essential. Make sure you’re up to date with any changes to tax, labor, or financial reporting regulations. Assessing the Reward Every risk has the potential for a reward.

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Future CFO

JULY 23, 2024

This is the view of Georgeta Elena Precup (Moran), CPA,CGMA , Operating Partner - Acting CFO, Advisory at Beyond Podiatry , emphasising how CFOs occupy a unique vantage point, overseeing not only financial health but also strategic planning , risk management, and corporate governance.

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Auditing Communication CFO Strategic Planning 59

CFO Thought Leader

JULY 31, 2024

White’s ongoing involvement with organizations such as COSO (Committee of Sponsoring Organizations of the Treadway Commission), where he works on internal controls and enterprise risk management, underscores his commitment to advancing the field.

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Finance General Ledger Education Accounting Standards 52

The Finance Weekly

OCTOBER 13, 2021

Compliance: Abide by laws regarding environmental regulations, financial reporting, etc. Internal: Employee experience and quality of company management. It should be noted that people often mix up Human Performance Management (HPM) and CPM. A collaborative approach can also vastly improve risk management.

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Financial Planning and Analysis (FP&A) Leverage Communication Strategic Planning 52

Future CFO

FEBRUARY 11, 2024

62% of executives strongly agree their companies apply the same diligence to ESG reporting as they do to financial reporting. Just 32% of managers say the same Technology access is going to be key to unlocking value in ESG/Sustainability. There is a disconnect between executives and employees.

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Net Present Value (NPV) CFO Compliance Economics 98

Michigan CFO

JUNE 7, 2023

Understanding the Role of a CFO A CFO is a high-level executive responsible for overseeing the financial activities of an organization. Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team.

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CFO Leadership

OCTOBER 18, 2023

AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

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Accounting Finance Auditing IFRS 52

The Charity CFO

JULY 19, 2024

Thus, the nonprofit CFO carries the most significant responsibility out of the three by overseeing the entire financial strategy and management of the nonprofit. They’ll need to provide strategic planning, financial forecasting, and risk management while working with the board of directors. Get the free guide!

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CFO Accounting Nonprofit General Ledger 52

The Charity CFO

DECEMBER 23, 2024

Human Resources Management : Assistance with hiring, onboarding, performance management, and compliance. Risk Management and Compliance : Help with workers’ compensation, safety programs, and staying compliant with labor laws. Do You Struggle to Make Sense of Your Financial Statements? Get the free guide!

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Nonprofit Compliance CFO Risk Management 52

Bramasol

MARCH 24, 2022

Climate-related risks and their actual or likely material impacts on the registrant’s business, strategy, and outlook; ? The registrant’s governance of climate-related risks and relevant risk management processes; ? ISSB was established by the IFRS Foundation in response to the Glasgow COP 26 conference in November 2021.

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Accounting SAP Analyzing Data IFRS 75

The Finance Weekly

APRIL 21, 2024

Facilitate risk management, audits, and research. Spot investment and financial planning prospects. Participate in board meetings and furnish comprehensive financial reports and suggestions to company leadership. Supervise and provide recommendations for the finance department.

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CFO Auditing Budgeting Accounting Principles 52

CFO Talks

MARCH 14, 2024

The position of Chief Financial Officer has evolved significantly over the past few decades. No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making. Delegation and Empowerment: No CFO can do it all alone.

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Prioritization CFO Leverage Risk Management 52

CFO Talks

MARCH 14, 2024

The CFO must review existing controls, identify any gaps, and implement improvements to safeguard the company’s assets and ensure accurate financial reporting. Understand and Mitigate Risks: A CFO must have a comprehensive understanding of the various risks the company faces, including operational, financial, and strategic risks.

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CFO Performance Measuring Benchmarking Restructuring 40

Future CFO

SEPTEMBER 14, 2020

Hence, there is a need to embrace technology and not see it as a risk, a need to develop and adapt skill sets, knowledge, and understanding in data analytics, synthesis, artificial intelligence, robotics, intelligent process automation, and other similar technology.

Accounting 40

Accounting Leadership Finance Profit and Loss 40

The Finance Weekly

JANUARY 21, 2024

Some: 41% of finance teams have Issues Identifying and correcting errors, 31% have problems finding and gathering necessary data, 24% have challenging questions on sources of data, 23% face challenges tracking multiple Excel versions, 20% have a bugbear of broken formulas, 19% are far from confident presenting this data to non-finance leadership.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 40

Future CFO

SEPTEMBER 3, 2019

Aged 57, she will be responsible for the group’s financial functions including accounting, financial and management reporting, taxation, internal controls, and risk management.

Corporate Finance 40

Corporate Finance CFO Risk Management Compliance 40

The Charity CFO

AUGUST 28, 2023

However, financially-minded folks are crucial for a variety of reasons. They can provide guidance on: Budgeting Investments Risk management Complex compliance and legal issue All are necessary for keeping the lights on and charting the organization’s path ahead. Do You Struggle to Make Sense of Your Financial Statements?

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The Finance Weekly

OCTOBER 13, 2021

To alleviate this concern, finance teams should employ scenario modeling and financial planning tools to compare the immediate expense of the move to the long-term income potential. Make a financial reporting strategy. When it comes to something as vital as risk management, though, best practices must be followed: 1.

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Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52

Future CFO

SEPTEMBER 7, 2022

The study identified additional skills required for preparers of financial reporting and assurance service providers. Examples of preparers of financial reporting include CFOs , finance managers, and internal auditors, ISCA said. .

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Finance Auditing Corporate Finance Accounting 52

The Charity CFO

JANUARY 5, 2023

Maintaining healthy financial management is critical for the organization’s sustainability, stability, and flexibility, now and in the future. Without a good grasp of your finances, your nonprofit risks: Exposure to fraud. Poor financial reporting. Risk management strategies. Interdependence.

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