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5 Excel-heavy Pain Points still Dragging down finance teams in 2025

The Finance Weekly

A finance director at a large niche pharmaceutical company told us: “We have a lot of manual processes and inputting and that type of stuff which I am trying to get away from. One workaround found in cumbersome financial reporting processes includes using old legacy Excel-based financial models.

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Chinese Study highlights limitations on IAS 38, accounting for intangible assets

CFO Talks

The study found that many firms in China’s emerging high-tech markets are forced to expense their R&D entirely, which can stunt their growth and distort financial reports. This inconsistency further clouds the financial reporting and makes it difficult for investors to assess the true value of companies.

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TNFD Releases Final Recommendations on Nature-Related Risk Management

Future CFO

The Taskforce on Nature-related Financial Disclosures on Sept. 18 released its final recommendations on nature-related risk management and disclosure, aligned with existing Global Reporting Initiative (GRI) and International Financial Reporting Standards (IFRS) and Kunming-Montreal Biodiversity Framework requirements.

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Why IAS 38 is Hindering South Africa’s Growth: A Call for Change

CFO Talks

Similarly the South African Financial Reporting Standards Council (FRSC) has adopted a blanked adoption approach to IFRS and IAS with very little effort to consider if the standards will contribute to local economic growth and employment. As a developing nation, we cannot afford to stifle our innovation.

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Futuristic Finance: Strategic Thinking for Tomorrow’s CFO

CFO Talks

Example: A multinational corporation recently integrated AI to streamline their financial reporting process. The AI system was trained to extract relevant financial data from various departments, standardize it according to the company’s reporting format, and develop preliminary financial reports.

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Essentials to successful finance transformation

Future CFO

Gartner surveys looking to 2022 show that CFOs, controllers and heads of financial planning and analysis (FP&A) are all focused on digital initiatives that will lay critical groundwork for an autonomous future. Cedric Assaouloff , digital and innovation lead at R&D finance pharmaceutical company F.

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CFO Pros on the Move: March

The Finance Weekly

It's worth noting that the misconduct was unrelated to Root's financials or financial reporting. She has worked as a corporate controller for a number of businesses, including Tracx, WeddingWire, and Vanda Pharmaceuticals. Levine has been the company's corporate controller since 2018.

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