Search Result for 'female finance leadership/feed/rss2/futurecfo.net'

...that different countries prioritise one group over the other, and one of the main challenges in achieving financial inclusion is ...

...COP26 pledging to achieve net-zero targets by 2050," says Lim. Lim Lay Wah "According to Climate Bonds Initiative, the Southeast ...

...at the start of the euphoria around ESG, FutureCFO observed that CFOs in Asia showed keen interest in leading their ...

Banking software system provider Temenos launched its financial processing solution, Temenos Positions, to transform banking operations for institutions with complex, ...

...there. As a reference, procurement, finance and IT leaders can use this research to support their acquisition strategies as they ...

...M&A. The interview is part of FutureCFO’s Female Leadership in Finance Series. FutureCFO: From your bio I learnt that you ...

The finance function, including finance professionals and their roles, has been evolving to keep up with the changes in the ...

Compensation, work/life balance, and location are among the top attraction drivers for finance function employees, according to a study by ...

The Institute of Singapore Chartered Accountants (ISCA) inked a Memorandum of Understanding with the Council for Board Diversity (CBD) in ...

The Association of Chartered Certified Accountants (ACCA) identified the importance of knowing how to navigate the sustainability agenda among finance ...

Boardroom leadership, including chief financial officers, needs to manage artificial intelligence risks to drive trust, according to the Association of ...

...work with CFOs and finance functions ? TK: Collaborating with CFOs and finance directors brings about a multitude of exciting ...

...by software-as-a-service company Workiva Inc. The third annual 2024 ESG Practitioner Survey polled more than 2,000 people involved in corporate ...

...the same category during the awards night ceremony at the Fullerton Hotel on 22 February 2024. * Editor's note: FutureCFO ...

...has made its way to the Finance function, imposing possible hurdles and challenges along the way which chief financial officers ...

...thrive into the future, and to help shape a better world, finance professionals will still need their traditional finance skills, ...

...has opened up between accounting and finance professionals who work as business partners and those who don’t. Sixty percent of ...

One of the five agendas that the Association of Chartered Certified Accountants (ACCA) identified for finance professionals to create a ...

From green bonds to transition finance, Asian markets are experiencing a surge in sustainable financing, according to BNP Paribas. The ...

...Year 2022 by Asian Banking and Finance and Most Innovative New SME Product of the Year 2022- Malaysia by International ...

The Association of Chartered Certified Accountants (ACCA) identified the importance of good ethics among finance professionals as one of the ...

Finance operations are not as simple and clear-cut as it was decades ago. Given the imperative to accelerate digital transformation ...

The automation of routine finance planning and analysis (FP&A) processes to create bandwidth for value-adding activities is unsustainable, a Gartner, ...

Finance roles have long been evolving to keep up with the requisites imposed by the business world, be it regulatory ...

...processes. Finance in sustainability Cheah believes that the Finance function will play a big part in sustainability and ESG, which ...

As it turns out, compliance culture is not the best way to address the most common situation leading to noncompliance, ...

...for the night, looking forward to the next fulfilling day. FutureCFO: What excites you the most when you work with ...

Organisations reported being victimised by attempted or actual payment fraud activities in 2023, according to a study by the Association ...

The Institute of Singapore Chartered Accountants (ISCA) launched an Accelerated Pathway Programme (APP) for accountancy degree students to become a ...

...power more sustainable business flows, tapping into automated reports to measure key data against internationally-recognised frameworks Users can now also ...

...in large part. For Ivan Phuah, Finance Transformation Partner, PwC South East Asia Consulting, finance transformation is increasingly important, not ...

BlackLine, Inc. launched its generative artificial intelligence-powered Journals Risk Analyser, empowering finance and accounting leaders with anomaly detection. The new ...

Economic confidence among chief financial officers declined moderately in the first quarter of 2024 and is slightly below its historical ...

...of leaders in our company.  Financial management is a domain not exclusive to finance teams. Future leaders need to have ...

Economic confidence among finance professionals hits highest level since the first quarter of 2023 , though cost concerns persist , ...

...financial and operational data across the front, middle, and back offices for improved decision-making. According to Workday, retail organisations need ...

...to disparities in remuneration across markets, even among audit firms within the same network. This inconsistency persists despite efforts to ...

...challenge facing finance leaders today. This interview is part of FutureCFO’s Female Leadership in Finance Series. FutureCFO: When did you ...

...model designed by the finance leadership team that clearly sets out which principles will guide decisions and trade-offs in the ...

...mandate of the finance team is rapidly expanding to help better define, enable, and articulate how their organisation creates and ...

...of working long hours on its own, such visibility can help employees plan their personal lives around this without being ...

It is a given: among the imperatives of today's business processes for the finance function and for chief financial officers ...

...business operations, and finance and strategy. Tom Hood Source: AICPA & CIMA Economic Outlook Survey “Our Future of Finance Leadership ...

Embracing technology has been proven an imperative among firms to remain relevant in talent attraction and acquisition. This is among ...

...them. FutureCFO: What does a typical day look like for you? Juvanus Tjandra (JT): At KPMG, I lead finance and ...

An interest in sustainability reporting and assurance presents talent opportunities among audit professionals, but may imply a lack of clear ...

...triggered a rebound in confidence against the backdrop of the current market situations. Injecting GenAI into digital transformation strategies, including ...

Despite concerted efforts, the accountancy profession is struggling to attract and retain talent, and at the same time is facing ...

Chief audit executives expect audit coverage of artificial intelligence-related risks will grow as organisations race to adopt the technological advancement, ...

...2023 Percentage of female board chairs (%) in 2023 Percentage of female Chief Executive Officers (%) in 2023 Indonesia 9.7 ...

Southeast Asians exhibit a strong appetite for investing, with stocks, fixed deposit plans, and mutual funds among the top three ...

...finance through digital transformation. The analyst forecasts that through 2025, more than 40% of finance roles will be either new ...

...finance leader and stay open-minded to new experiences in his career journey. FutureCFO: What does a typical day look like ...

Last year, Finance Minister Lawrence Wong highlighted that the number of people pursuing accounting degrees has dropped by over 10 ...

...top talent,” Bant says. Finance employee pay expectations also rising In the finance function, CFOs will also need to meet ...

...rates, opportunities can open as quickly as they close. While an IPO provides an infusion of capital, it’s not without ...

...establishment of a strong data foundation, it is expected that finance leaders look into strategies to not only succeed but ...

...almost 20 years, my finance journey has encompassed roles from controllership to commercial to business development, and I've seen finance ...

...difficult broaden the scope of analysis. The Solution After evaluating multiple CPM software providers, Toyota Finance chose to implement Wolters ...

...input as finance leaders consider how their company can best leverage the potential of embedded finance. FutureCFO: What emerging trend ...

...finance function. The evolution To be able to harness and maximise talent, it is important that finance leaders understand the ...

The role of chief financial officers continues to evolve beyond the finance function, according to a survey by leadership advisory ...

...and digital transformation. The central theme for CFOs is the need for finance leaders to primarily trust in their systems ...

Finance leaders are now being expected to lead with gratitude towards the workforce to boost staff engagement, according to Gartner, ...

A Forbes article suggests that 2024 will be tough for everyone. FutureCFO discourse with finance and business leaders echoes the ...

...Greater China, Stripe FutureCFO: What are the major challenges facing CFOs and the finance function in 2024 in terms of ...

...external economist networks, they are able to leverage micro-developments in the economic landscape to adaptively bolster capital or accelerate market ...

...costs associated with networks, systems and remote work have increased at 74% . Seventy-five percent (75%) of APAC institutions cited ...

Despite apparent advances in reporting, businesses fall short on climate strategy and action, according to a study by Ernst & ...

...ACCA says accountancy and finance professionals are at the heart of these transactional processes, bringing expertise and experience to quantifying ...

Four years following its introduction, BlackLine, Inc.'s Modern Accounting Playbook (MAP) marked its 1,000th customer. The bundled software and services ...

Editor’s note: ”A Day in the Life" is a series of interviews with finance leaders and business leaders that aims to ...

...for projects and initiatives. For this matter, Gartner found that finance employees are facing unprecedented levels of change and are ...

...the performance of digital investments across their organization,” says Alexander Bant, chief of research in the Gartner Finance practice. Alexander ...

...and sustainability initiatives. Many companies struggle to quantify their impact accurately and consistently. Rita N. Soni “To truly embrace ESG ...

...opportunity to adapt and upskill. “Continued innovation ensures the long-term resilience of the profession and organisations finance teams serve,” Harding ...

...with their ongoing responsibilities within the finance department. It is critical to have professionals in the finance department who are ...

...Gartner Finance practice. Mallory Barg Bulman “It’s better to have less technology with a workforce that accepts it than to ...

...developing people. Elif Kuralay Meanwhile, Blair Robinson, Partner, Business Consulting at Ernst & Young cites The 2023 EY DNA of the ...

...business needs. FutureCFO: Why do finance functions do agile budgeting? PS: Understanding the key tenets of agile budgeting will allow ...

...key characteristics: Finance-Owned: Look for EPM solutions designed and supported by finance teams, minimising reliance on IT and ensuring user ...

...also the Academic Director of Master of Science in Sustainable and Green Finance and Deputy Director of the Sustainable and ...

...health, as well as the cost-of-living crisis. Technology and finance professionals According to the report, a significant shift is underway ...

...surges in the coming years,” says Randeep Rathindran, distinguished vice president of research in the Gartner Finance practice.  Randeep Rathindran He ...

Editor’s note: ”A Day in the Life" is a series of interviews with finance leaders and business leaders that aims ...

The energy transition represents a transformative investment opportunity, with the world’s net-zero ambitions either coming to fruition or failing in ...

...percent of CFOs are projecting higher AI budgets for the new year, and none are planning a reduction, according to ...

...insight. CFOs are expected to provide their company insightful guidance during economic uncertainty. Beyond finance’s typical function of checks, balances ...

...which chronicles the journey and experiences of senior business, operations, finance and technology leaders in Asia in recent years. The ...

...practice leader, Deloitte Winning the net-zero race To win the race to net-zero, the world must invest wisely and identify ...

...CFOs, reveals that CFOs are keen to leading digital transformation efforts in the finance function in 2024. Improving finance metrics, ...

As a result of ongoing inflation, economic disruption, and the lowest growth project from The International Monetary Fund (IMF) since ...

The accounts payable (AP) department goes beyond just ensuring that all bills and invoices are cleared on time. By accurately ...

...may be occurring simultaneously. Sustainability and ESG: same but different But before diving deeper into the ESG challenges that lay ...

The year 2024 brings a landscape of unprecedented challenges and opportunities for corporate treasurers. From the ongoing global conflicts to ...

...finance function. In your view, which functions within finance are most challenging to fill/retain? For those looking to build a ...

As today's markets shift and financial leaders start to find their cost bases grow faster than assets under management, it ...

...the types and capabilities of models, which can be very helpful in the finance function. Recent breakthroughs have been made ...

...to the business. You may consider setting up a cross-functional team to bring together domain experts from finance and tech. ...

...optimise workflows, including data preparation. FPMs provide finance and accounting teams with a single source of truth to house financial ...

...medium, and long-term targets, and transparently and auditably report on progress using real ESG data." The future of finance and ...

...on companies to find innovative ways to manage their financial functions efficiently. In a report by non-profit research organisation APQC ...

...says Ashworth. In ACCA's recent and inaugural global economic outlook annual prospects report, William Tan Kwang Hwee, a member of ...

...its long-term average,” said Susie Duong, PhD, CMA, CPA, CIA, EA, senior director of research and thought leadership at IMA. ...

...capabilities. Demand for industrial electronics is also expected to grow rapidly over the medium term, helped by Industry 4.0, as ...

...consisting of employee training and awareness, network security, infrastructure security, application security, information security, cloud security and disaster recovery should ...

Global VC deals volume drops significantly, with investment sinking from US$531.4 billion across 51,894 deals in 2022 to $344 billion ...

Systems powered by artificial intelligence are without a doubt revolutionising invoice processing in finance departments. The technological advancement provides more ...

...same time, organisations need to support finance staff in reskilling or upskilling to gain capabilities in digital finance and AI. ...

...51%, those citing energy costs as a constraint is down two points to 52%, and those citing a shortage of ...

Embedding ESG is indeed a cross-functional endeavor within the organisation, as every department – from procurement to marketing to finance ...

...fresh look at finance’s vision and purpose, to building a more inclusive and diverse workforce. However, one key focus area ...

...those who feel their organisations are prepared, 89% attribute this to their leadership team’s understanding of AI and its capabilities. ...

...at first, the finance team is impacted by the many shifts in technology hence the digital transformation that is transpiring ...

There are five emerging global trade dynamics in the coming decade, said Boston Consulting Group (BCG) recently. Among these five ...

As finance chiefs, understanding the necessity of enterprise scalability in financial performance management should be included in their priorities list ...

Two audit firm solutions of Wolters Kluwer have been pre-approved by the Infocomm Media Development Authority (IMDA), a statutory board ...

...struggle to compete with the Big Four accounting firms. A Gartner survey of finance function employees revealed some interesting problems ...

The accounting industry is undergoing profound transformation due to rapid technological advancements across all sectors in the market. Changes from ...

...so bringing in senior leadership and have them promote the migration as hard as they can. 3. Evaluate old data ...

Cost pressure amid global economic shifts has become a top concern for 58% of SMEs as they also face workforce ...

Building a culture of cost consciousness within an organisation is undeniably part of being an effective finance leader. To effectively ...

Global M&A is set to grow again after losing steam in the final three months of 2023, said WTW recently. ...

Communicating the rationale for restructuring can be sound simple, but is actually requiring more than just a mere meeting with ...

Corporate credit trends would diverge by region though global credit metrics are generally expected to be stable to improving this ...

...it is important that finance leaders fully understand their roles in driving strategic imperatives within their organisations in 2024. Adam ...

For finance chiefs, a more compelling vision is required for the future of finance and reporting. According to Ernst & ...

Chief financial officers are now facing a conundrum as they plot the fiscal course of 2024’s business travel as it ...

In 2023, the top priority of CFOs was evaluating the finance function strategy, scope and design. Marko Horvat, vice president ...

Organisations that augment operations can unlock a 50% increase in worker efficiency, said IDC recently. According to the advisory firm’s ...

...is becoming louder and louder in the market. As leaders of the finance function, chief financial officers must be on ...

Fear of double taxation emerges among businesses amid global tax reform, said EY recently. Global tax reform, ineffective use of ...

...and finance leaders must be able to maximise such. Financial performance management platform Planful enumerated the benefits that cloud finance ...

Cost reduction initiatives can yield significant benefits for organisations and their employees when approached strategically and executed effectively. If finance ...

Business leaders are struggling to turn GenAI hype into reality, said Boston Consulting Group (BCB) recently. According to a survey ...

The digital transformation in all sectors across all departments has been evident over the last few years, especially following the ...

...1 – The case for change In the initial phase, finance leaders must make a compelling case for change and ...

...developed market (DM) banking sectors more than those in EMs, the firm added. “We expect net interest margins (NIMs) and ...

Although the new year has begun, trends in digital transformation seen in 2023 remain and finance leaders must have a ...

...when psychological safety is high, only 3% of employees are at risk of quitting. The empathetic leadership—a style of leadership ...

...challenges that finance leaders face in combatting payment fraud is finding and implementing the right technology. One approach has been ...

...finance leaders must be wary of the changes ahead to be able to strategise. China will be among those countries ...

...automation and the Internet of Things boosts rapidly growth in demand for industrial electronics. APAC auto manufacturing hubs are also ...

...on the cloud to support remote work and digital transformation initiatives. The rapid adoption of this technological advancement led to ...

Adopting an ESG strategy can be seen as more than just a tick-box exercise or a means of delivering on ...

...of Management Accountants and Co-Chair, Association of International Certified Professional Accountants. In this interview for FutureCFO’s Female Leadership in Finance ...

Agile planning makes room for development and progress from limited insight and hindsight to a good scenario planning among finance ...

...turn into opportunities for growth and profitability if managed right. The evolution in the role As the CFO role expands, ...

...CFOs and senior finance leaders believe there is still further to go in building an enhanced reporting model that encompasses ...

...and fundamentals. When 2023 drew to a close, it is an imperative for all finance leaders to reflect on the ...

Hong Kong exports are expected to grow by 4% to 6% next year—a sharp contrast to the 11% decline in ...

...region, making the transformation of the finance function a necessity. Achieving a deeper integration between finance, business, and technology is ...

...by a historically tight labour market. CFOs and finance leaders must understand how these can affect the organisation and the ...

...we expect policy rates to stand at 4.5% in the US, 3.5% in the Eurozone and 4.5% in the UK. ...

...funds or the people themselves, it is a business imperative for finance leaders and chief financial officers to determine whether ...

...as a secondary concern.​ Tech as a financial enabler: 53% of CFOs utilise technology for electronic invoicing, 48% for Robotic Process Automation, and 47% ...

IPOs in China are expected to maintain its pace in 2024 while the Hong Kong market would rebound when US ...

...the full-year net loss after interest and tax dropped 79% to RM344 million from RM1.65 billion a year ago. MAG ...

With the fast pace of the world nowadays, financial leaders face challenges in maintaining and expanding revenue streams while contending ...

...the importance of the CFO in bringing in strategies and technology optimisation initiatives. Respondents which comprise director-level and above, in ...

When it comes to support for future finance talent in the new year, the Institute of Singapore Chartered Accountants (ISCA) ...

...finance teams to better understand non-financial risks across the organisation and their impact. 5. Upskill the finance team to build ...

...Operating margins: Are they becoming thinner? Debt maturities, refinancing, and ability to raise capital: Under what terms can you refinance ...

...whole, to understand what risk means. Finance leaders and staff must share a clear understanding of the organisation’s priorities, according ...

When it comes to streamlining financial operations, Singapore shows strong optimism towards AI to improve business and financial resilience, said ...

...uncertainty. Allocating resources to training programs specifically designed to enhance emotional intelligence skills can help equip accountants with the tools ...

...and sell to the company leadership the importance of the finance team and the short- and long-term strategies, necessary investments ...

Asia Pacific consumers will likely have more to spend on discretionary items in 2024, said Mastercard Economics Institute (MEI) recently. ...

Starting the journey of accelerating sustainability with artificial intelligence may be tricky, let alone puzzling at times. AI can help ...

Finance leaders, including organisations' chief financial officers, are now required to have a firm grasp of technology, even if in ...

In addition to three 2024 predictions for finance from SAP Concur executives, today we have two more from the company ...

SAP Concur has revealed key 2024 predictions for finance by its executives. For the upcoming year, AI is the connecting ...

...with the impact of the said changes in the finance team of an organisation, Metzger thinks that real-time payments are ...

The integration of artificial intelligence in an organisation's finance function and accounting services has been proven to be a necessary ...

Augmenting people potential to democratise action on sustainability has become one of the more important things to consider as an ...

...involve CFOs and finance teams in in emissions reduction planning. What can CFOs and finance teams do? CFOs and their ...

...new products, new services, and new techniques. Resource stewardship: toward a net-zero planet The transition to a net-zero economy that ...

...network and growing base for EV R&D, as well as strong government support through policies and incentives to enable infrastructure ...

...the region have experienced cyber incidents due to insufficient cybersecurity budget in the last two years, the firm said. Insufficient ...

The role of artificial intelligence (AI) and machine learning (ML) in the organisation has expanded significantly, with the changes taking ...

When it comes to global business travel forecasts for 2024, the good news is that airfares look set to stabilise ...

Finance leaders must recognise the opportunity posed by automation in staff engagement and retention as this can be key for ...

The CFO role has been seeing shifts in the retail industry recently, as the position is seemingly no longer tied ...

...CFO The 2023 U.S. Bank CFO Insights Report revealed that among 1,400 senior finance professionals in the US, cost control ...

When it comes the top risks for 2024, economic conditions and inflationary pressure emerge as the top near-term concerns for ...

Undeniably, the role of the chief financial officer has evolved over the past few years as the market steers toward ...

...risk management and finance functions, the access to external specialist resources including capabilities for different sustainability-related matters and reporting regimes, ...

When it comes to real generative AI use cases, the number of enterprises that are in the experimentation and expansion ...

...of data over time stakeholders’ feedback on value of sustainability-related information dissemination of sustainability knowledge in the organisation and its ...

...monitor policy changes related to finance and debt, ensuring compliance to maintain smooth operations. 6. Comprehensive Scenario Planning: Developing various ...

Asia Pacific medical costs and healthcare benefit costs will continue to rise, said WTW recently when releasing results of its ...

...managing finances but actively contributing to the business’s growth through strategic financial leadership. It should be noted that a CFO’s ...

...transformation, PwC expects CFOs will be expected to bring together equal parts business, strategic insight and tech experience as they ...

...or outsourcing can be crucial as it is the first and most important step that will dictate the fate of ...

...respectively. The survey successfully collected responses from more than 3,900 business and risks leaders from the boardroom and C-suite, and ...

...ensure not just immediate success but sustained value creation. It is imperative that finance leaders must understand their way towards ...

Artificial intelligence and machine learning have been changing how things are being done in different industries. The duo basically shakes ...

...finance leaders it surveyed in May use AI/machine learning (ML) and 29% of respondents said AI/ML is planned. In addition, ...

Looking forward to 2024, finance leaders must gear up for the new challenges the new year will bring. Along with ...

As the world veers toward a new year, it is important that finance leaders know what to expect in the ...

Will you outsource cybersecurity? According to Kaspersky, more than one in two companies in Asia Pacific plan to outsource cybersecurity. ...

...in negative implications for the organisation, be it through terms of trade and finance or withdrawal of resources provided by ...

...are looking for ways to modernize the tools the finance and accounting departments rely on to improve efficiency and business ...

The new year is around the corner. What’re your 2024 predictions for finance and accounting? BlackLine said there are several ...

Institutions and investors must close the financing gap to transition to net-zero and mitigate risks surrounding green projects, according to ...

...with the development of a robust emissions plan. The report also says that involving CFOs and finance teams in the ...

...focus on real estate investment trusts (REITs), Cheah brings more than 15 years of experience navigating finance, tax regulations, capital ...

Private equity activity picks up in Southeast Asia in the third quarter of 2023, according to a survey by Ernst ...

Harnessing data gathered from various channels can be helpful in a finance leader's operational skills as this enables him to ...

...the table to help companies make better decisions. The interview is part of FutureCFO's Female Leadership in Finance Series. Kris Giswold, Senior ...

Treading along the rapidly changing market has been proven to be not the easiest task, especially after the COVID-19 pandemic ...

...an organisation. As with many, if not all, risks surrounding a finance leader's decision-making process, climate risks should be taken ...

Asia Pacific is business leaders’ top destination for expansion despite lower appetite for M&A, said EY recently when releasing its ...

...a business. Cross-border advancements According to Nurul Ardhaninggar, digital manager of government investment at the Ministry of Finance of the ...

...and finance leaders need to ensure the organisation has access to the resources required to develop and defend their competitive ...

The Financial Reporting Council (FRC) calls for IFRS 17 disclosures improvements in its recently published IFRS 17 'Insurance Contracts' thematic ...

As technological advancements continue to dominate the business world, including the financial function, it is only fair that finance leaders ...

...that are easier to execute, less risky to finance, and offer a unique and strategic fit within an acquirer’s portfolio.” ...

To be able to harness technology's full potential, leaders must be able to fully understand how it works. Alongside understanding ...

Finance leaders must be keen to monitor the ongoing trends in technologies across various sectors as this can be significant ...

Though global growth will slow in 2024 as high interest rates percolate through credit channels to the real economy, it ...

Adopting a good and progressive generative artificial intelligence mindset is essential in today's journey to technological advancements in the finance ...

Accountants play a role in helping out people who lack the foresight of what happens in the future of their ...

Business investment would increase though firms in many countries are dealing with the highest interest rates they have seen in ...

As new technology flourish in today's global business scene, there is an observed growing concern among traditional accounting and finance ...

...risks. The property crisis feeds through to consumer demand and investment while pressuring local government financing vehicles and increasing asset ...

Business leaders in Singapore are finding it challenging to deal with the reporting and data collection for environmental, social, and ...

...queries after the live run. Positive Feedback SWIFTNet users have provided positive feedback and are urging for the system’s expansion. ...

Greenwashing remains a perceived issue among investors.  More than nine in ten investors (94%) believe corporate reporting on sustainability performance ...

Sustainability has been among the talk of the town in recent months, and investors have been pressing to understand how ...

Listings for initial public offerings in Southeast Asia have seen a "healthy" count for the first 10 and a half ...

There are several top M&A trends in 2004, according to advisory firm Gartner. These top M&A trends in 2024 include ...

...it really means to do business in a way that minimises environmental harm, let alone how the transition may unlock ...

Consumers plan to spend less due to rising cost of living and concerns about climate change, said EY recently. While ...

In the bid to keep up with the sustainability shifts, finance leaders must look into upskilling employees to rise to ...

...areas of business. Bain & Company enumerates four critical areas of focus that finance leaders must consider regarding sustainability. Devise ...

...and financial services, spanning public, private, and venture capital-funded firms, said Carsome.  He has held senior financial leadership roles at ...

...more efficiently and derive maximum value from spreadsheet technologies. Change Management Skills Develop change management skills within the finance leadership. ...

A global survey by management and consulting firm Bain & Company revealed that there are high levels of concern among ...

As open source, cloud-native computing, and other new-age cloud technologies prove to becoming more important as times go by in ...

Human capital is no longer simply a “people problem” but a key business risk that is fuelled by rising health ...

Most finance functions are behind other functions in AI implementation. According to a survey of 130 finance leaders and 91 ...

...goals for finance strategies, shaping the future of the company. Therefore, it is a requirement and a necessity that finance ...

...As finance leaders who drive success within the organisation, it is imperative that they must get a good grasp of ...

Real salaries in Singapore are estimated to rebound in 2024 as inflation eases, said ECA International recently. Workers in city ...

China’s economic growth is estimated to hit 5.4% in 2023 said IMF recently. The fund raised its forecast for China’s ...

...advantages for bringing finance, HR, and IT applications together—from stronger, data-driven insights to operational efficiencies and agility to better cost ...

This IDC InfoBrief provides an overview of the challenges that CFOs and finance teams face when accelerating their digital transformation ...

...in the business, some resort to hiring fractional chief financial officers to share their expertise in finance, strategic planning, and ...

Generative AI benefits will only be realised by 30% of Asia Pacific firms that have more mature IT practices, according ...

...Thomson Reuters specified a step-by-step guide for businesses and finance leaders: Establish an audit engagement protocol — To ensure the ...

There’s a pinch of optimism in Asia despite global economic uncertainty. While there is an anticipation of global trade expanding ...

...management and financial accounting, risk advisory, and taxation. Helen Brand The ACCA qualification is open for chartered accountants, commerce students ...

...combined with higher rates, this will weaken asset quality. Liquidity will also tighten. Net interest margins will decline in the ...

...journey, rather than a one-off project,” Mo said, adding that transformation is a continuous process of improvement. Convincing leadership Of ...

...investors, the CFO’s second crucial task is building proficient finance teams across various functions. These include controllership, Financial Planning and ...

The Southeast Asian digital economy is flourishing despite global macroeconomic headwinds. The region’s gross merchandise value (GMV) continues an upward ...

Proactively managing security risks has its own advantages, especially considering the fast pace of digital transformation around the world. Organisations ...

...the finance function, there has never been a better time for finance leaders in Southeast Asia to showcase their leadership ...

Nium announced recently the launch of Global FX, a product built for FX risk mitigation and transparency in global money ...

The Asia-Pacific region has entered its "golden era" of digital economy, according to a report by the World Economic Forum ...

...leaders reported disagreements in the top leadership team like their global peers. Sixty-five percent of Southeast Asian finance leaders in ...

Both tax and finance leaders are set to increase investment in digital transformation, said Thomson Reuters recently when releasing a ...

...said teams work harmoniously to boost financial control and predictability, reduce friction, and deliver products and services faster in today’s ...

...much-needed cost reductions as well as provide data and commercial insights to elevate finance as a better business partner. Shrinking ...

...future. EY's 2023 Global DNA of the CFO study reveals that finance leaders in the region can unlock strategic business ...

...reliable solutions. While prevention remains a high priority, finance leaders must acknowledge that cyberattacks will succeed despite the best defenses. ...

Businesses are betting big on generative AI to gain an edge despite hurdles to adoption and M&A challenge, said EY ...

As more high-value treasury operations require cross-functional collaboration, data integration between systems becomes essential. The advantages of seamless data integration ...

...accounting standards. It is undeniable now that the finance function and FP&A in banking have naturally become a centerpiece of ...

Investment-grade corporates face the risk of climate-related downgrades. According to Fitch Ratings, more than half of global corporates that may ...

...of building cloud expertise within organisations as cloud fluency is essential. Skills development should involve not only technologists but also ...

As today's world evolve along with technology, finance leaders are expected to keep up so as not to be left ...

Chief financial officers are indicating a substantial increase in focus on ESG programs, according to an annual survey by global ...

Major cybersecurity trends in 2024 would centre around AI, hactivism, and weaponised Deepfakes. According to Check Point Research (CPR), there’s ...

Scams and frauds in banking are undeniably not a new thing anymore as fraudsters have found more ways to do ...

...to the entire organisation. In addition, finance leaders can drive performance and steer operations as strategists as they set goals ...

Insolvencies in Asia are expected to see a moderate increase next year before stabilising in 2025, as a result of ...

Corporate financial performance saw improvements in the third quarter of 2023, according to a report by KPMG. The KPMG Financial ...

...use cases of NFTs, currently it is quite limited. Interoperability standards and protocols should be developed to enable NFTs to ...

...development may hinder an organisation from meeting its overall workforce growth goals. In the face of the region's diversity, issues ...

The advent of digital technology is already having its weight in the way organisations run their tax departments. With that ...

Adopting artificial intelligence in an organisation's day-to-day business is undeniably a strategic move to boost operations and decision-making. It is ...

When it comes to third-party risk management, organisations are redefining their approaches, with a focus on talent and strengthening the ...

The Internet of Things (IoT) is currently revolutionising business operations, enabling data-driven decision-making and efficiency--an area finance leaders must always ...

...features of cloud computing include pooling resources, easily getting what you need, accessing them over the internet, expanding or shrinking ...

...enable finance transformation, allowing users streamline and optimise key finance and accounting processes and close the books faster. According to ...

Finance leaders are in need to keep up with the rapidly changing market brought about by the advent of artificial ...

Chief financial officers are now turning out to hold a critical role in companies’ low-carbon transition. Because of this, finance ...

...success Maniego-Eala highlighted the importance of strength in being a finance leader, saying one needs to have the conviction to ...

Five-year refinancing needs drop to lowest level since a Moody’s study in 2017, said the credit rating agency when releasing ...

Hong Kong and Singapore lenders are expected to improve their operating efficiency in the coming months amid higher net interest ...

https://youtu.be/eHND7xFhKd8 Accountants and other professionals involved in implementing sustainability reporting regularly face ethical dilemmas. The Association of Chartered Certified Accountants ...

IT services company IBM is expanding its relationship with Amazon Web Services (AWS) to deliver joint solutions upgraded with generative ...

Southeast Asia consumer confidence is on track for a rebound as value-seekers embrace new needs, said Bain recently. According to ...

Finance leaders are now starting to delve deeper and ask bigger questions to tech professionals amid the rapidly changing world ...

China-based technology company Baidu launched a new version of its artificial intelligence model, Ernie 4.0, which uses algorithms to produce ...

...Seventy-six percent of finance leaders expect net profit growth, with just over half (52%) saying their organizations will grow profits ...

...address challenges facing female finance executives. The interview is part of FutureCFO's Female Leadership in Finance Series. Eileen Chua, Managing ...

The China Securities Regulatory Commission (CSRC) ordered domestic brokerages’ overseas units to stop opening new stock accounts for onshore investors ...

...behaviors that drive innovation.  In EY’s research, finance function staff were more inclined to believe that failed experimentation would negatively ...

Senior executives in companies are looking into using generative artificial intelligence for cyber defence in the next 12 months, according ...

In a fast-changing space we live in today, it is important to keep up through setting strategic initiatives to not ...

...their leadership skills.  Two-thirds of the finance workforce did not agree that leadership understood the needs of the workforce.  Similarly, ...

Emerging technologies such as generative AI have caught both business and tech leaders unprepared, said PwC recently. The company’s 2024 ...

...other enterprises continues to grow with public cloud penetration driving their digitisation. Currently, small- and medium-sized enterprises and large enterprises ...

While cyber defence cost is increasing, just one in five cybersecurity leaders considers their organisation’s defence approach to be effective, ...

Finality in blockchain refers to the unchangeable confirmation of a transaction or a block of transactions. This is attained by ...

Generative artificial intelligence is stepping in the scene of marketing content production, according to Deloitte Digital’s new research. The study, ...

When it comes to business sentiment, business leaders remain confident on three-year outlook though they are now grappling with multiple ...

In the face of the many advancements now in data and technology, it is undeniable that accountants are put in ...

When it comes to business travel expenses, CFOs have to be aware that hotel rates likely will  continue to rise ...

Global volumes of initial public offerings around the world fell 5% year over year in the first three quarters of ...

One of the major IFRS 17 challenges is that it’s disrupting business as usual for insurers. According to a WTW ...

...has been a sharp increase in business failures, the trade credit insurer noted.  Many have collapsed under the pressure of ...

...capabilities.  Digital Horizons underlines the idea that the finance profession is well-situated to benefit from these technologies but realising their ...

...in finance, Patro previously worked with companies such as Microsoft, LG, Nokia, and EY. He will oversee HMD Global's financial ...

The Association of Chartered Certified Accountants (ACCA) and the Institute for Mergers, Acquisitions, and Alliances (IMAA) signed a strategic cooperation ...

The global economic growth is estimated to reach 3% in 2023 and 2.7% in 2024, said OECD recently. A disproportionate ...

...Japanese industries to improve productivity, quality control, risk management and customer experiences, thereby driving economic growth and technological leadership. AI ...

Cash management has made its way into becoming a key competency for leadership teams in protecting their companies’ overall long-term ...

...young and nimble pure plays were able to attract investors, government support, and talent by developing strong leadership positions in ...

...allow each specialist to take on their role at the same time Ensure data integrity through multiple layers of security, ...

A majority of business and personal activity involving sending Chinese data abroad will no longer need to go under a ...

...in the organisation’s strategic finance planning,” Tan said, adding that this helps leadership to stay on track with its financial ...

There are three distinct generative AI conversations that CFOs, especially those from large enterprises, must conduct, said Gartner recently. According ...

...a cloud-based, real time intelligence feed, saving hours of development time and reducing business disruptions.  John Appleby “The new functionality ...

...were only 24 unique files being distributed in the same period of last year in Singapore, the firm noted. The ...

...in Workday Adaptive Planning for a streamlined user experience, along with new features for collaboration across finance and HR, streamline headcount planning, ...

...the region surpasses that of US/Canada by 39.8%, showing partly the escalating intricacy of compliance requirements. Globally, 78% of organisations ...

...Report highlights Departments with the highest software spending are Engineering (IT, Security, Data) (45%), Marketing (19%), Sales (17%), Finance (7%), ...

Treasury professionals see macroeconomic risk as one of the hardest to manage. According to Association For Financial Professionals’ 2023 AFP ...

...advancing commitments in the area serving as the top innovation goal for technology over the coming two years. the number ...

Gartner dives deep into the role of artificial intelligence in making crucial business decisions. https://www.youtube.com/watch?v=tASU9yfMdSU Mark McDonald, senior director analyst ...

...further dampen investors' poor appetite for trust products and trigger early redemptions, potentially setting the tone for a negative feedback ...

...data sets, generative AI trains itself to identify fraudulent events before they occur. Open-source generative AI models, such as generative ...

...up being similar as they interconnect, according to a report from the Korea Institute of Finance (KIF). The regulator's report, ...

The chief financial officer role in organisations has been evolving, with mid-size and small firms, including start-ups, now embracing the ...

There are five generative AI use cases for CFOs, said Alexander Bant, vice president for the Gartner Finance practice recently. ...

Generative Artificial Intelligence has found its way into India’s goods and services tax (GST) management landscape, serving as a powerful ...

Travel providers are embracing automation and next-generation technology to ease workforce constraints as they rebound from lows brought by the ...

...this unified revenue operations capability, the C-suite, especially the CEO and finance executive, empower the organisation to maximise its commercial ...

...to 2 billion people use Google Sheets every month. At the FutureCFO conferences in Manila, Jakarta and Kuala Lumpur, at ...

Hong Kong’s economy is poised to rebound strongly this year, before moderating toward trend growth next year, said ASEAN+3 Macroeconomic ...

...CFO and CTO. Financial Forecasting and Planning The CTO and CFO collaboration serves as a bridge between technology and finance, ...

...was named as BP’s interim chief executive officer. Thomson currently serves as the company’s senior vice president, finance for production ...

...employers have divergent views on talent, culture and leadership Source: EY 2023 Work Reimagined Survey Note: Agree includes “agree” and ...

...cover insights from 17 markets: Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Italy, the Netherlands, the Kingdom of ...

The Taskforce on Nature-related Financial Disclosures on Sept. 18 released its final recommendations on nature-related risk management and disclosure, aligned ...

...organisation.  32% of HR leaders and 30% of finance leaders worry their teams will not have the technical skills they ...

...processes evolve accordingly. Interim solutions If a company is in between full-time CFOs, a fractional CFO can step in to ...

Defaults among APAC high-yield nonfinancial firms will decline in 2023, with the default rate falling to 4.9% from 11.7% in ...

...in advanced economies obscures an inconvenient truth: favourable conditions that have powered growth in the last decade are no longer ...

...and its Chief Financial Officer (CFO). Read more about the role of the CFO." Corporate Finance Institute According to the ...

...Trends survey, a biannual effort which details sentiments from more than 300 senior global tax and finance executives.  To respond ...

BlackLine said it has announced the first AI-enabled intercompany accounting capabilities.  Designed to prevent transaction failures before they occur and ...

Unmanaged digital sovereign risk is set to impact 30% of multinational organisations that will experience revenue loss, brand damage or ...

...impact for frontier market sovereigns, especially where reserve coverage ratios are low and external liquidity positions fragile.  “In our most ...

...Excellence Awards 2023 in the category of Leadership in Competencies and Capabilities. * Editor's note: FutureCFO is inviting submissions to ...

...secure are more likely to seek feedback at work and use it to improve their performance (57%) than those who ...

Atradius has recently upgraded its global GDP growth forecast for 2023 to 2.4%, which is a slowdown from 2022 but ...

Asia Pacific business leaders eye AI and dealmaking as fears of a severe recession fade. This is according to the ...

...firm noted, adding that they see sustainability’s high costs in the context of the rising costs of inaction, and they ...

Asia’s emerging market economies are driving global growth and are expected to outperform advanced counterparts in terms of GDP growth ...