CFO Digital Transformation. What is a CFO? And what is its role in the company’s journey to digital transformation? Today’s CFOs also play a leading role in digital transformation. This post will tell you more. What Is A CFO? CFO means “Chief Finance Officer.” It is an executive officer which…...
Closing the Diversity Gap
The accounting profession in the United States, encompassing public accounting and management accounting (accounting and financial professionals working in organizations), faces a crisis of growing proportion—a diversity gap—particularly at the leadership levels. This crisis contributes to the various challenges that prevent the profession from achieving longer-term sustainability, greater innovation, and…...
How to Attract More Women into Finance
It’s no secret that financial services is yet another sector in need of a gender re-balance. Despite recent successful campaigns, evidence indicates that women occupying senior positions in finance are largely represented in support functions, rather than fee-generating roles. This suggests that gender diversity remains an issue and that there…...
Rising Turnover? CFOs May Need To Update Their Management Playbook
A sudden exodus of skilled talent is the last thing an organization needs these days. Businesses must have all hands on deck if they are to accelerate the changes and innovations that will help them compete and move forward. Yet in many companies right now, turnover is exactly what’s…...
Remote Recruitment
Managers can interview and onboard new employees from a distance during these unprecedented times. Many accounting and finance organizations have been forced to close their physical offices and conduct work remotely due to the COVID-19 pandemic, and these companies have had to come up with new ways of hiring staff.…...
The Changing CFO: An Organization’s Voice Of Conscience
The global economy has put the spotlight firmly on the CFO. They will be the main strategist and driver behind organizational restructuring, divestments, and acquisitions. Today, however, a CFO’s top priority is to ensure their business survives during the pandemic. Being the CFO requires a tough mentality and the ability…...
How CFOs Are Successfully Navigating the New Reality of Uncertainty & Change
For higher education institutions across the globe, change is the new normal. And while change always brings new opportunities, it also creates tremendous uncertainty. From volatile political climates to increases in regulation, the rapid proliferation of new competitors to anticipated labor shortages, every CFO today must be ready to face and manage…...
Investment Banking vs. Corporate Finance: What’s the Difference?
Investment Banking vs. Corporate Finance: An Overview A generally-accepted distinction between corporate finance roles and investment banking roles is that a corporate finance professional deals with day-to-day financial operations and handles short- and long-term business goals, while an investment banker focuses on raising capital. An investment banker might also run…...
3 skills finance professionals cannot go without in 2021 and beyond
The accountancy and audit industries are on the cusp of an automation transformation, guided by the incredible growth of emerging technologies like robotic process automation (RPA) and artificial intelligence (AI). What’s more, the world is experiencing the most significant global recession since the 1930s Great Depression. The evolution of the…...
How to re-enter finance after an extended leave
People take career breaks for many reasons: To raise children, care for ailing relatives, manage their own health issues, or even explore personal growth opportunities (think travel and volunteer work). Regardless of why an accounting or finance professional temporarily leaves the workforce, figuring out how to re-engage after a long…...
Career Changes During the Pandemic
Shifting priorities during the global pandemic provide new job opportunities for finance professionals equipped to adapt to change. We’re living through a period of immense economic uncertainty as the effects of the COVID-19 pandemic continue to play out. In times like these, it might seem cavalier for finance professionals…...
The finance strategist: A new paradigm for a new world
Payables, receivables, closing the books, creating budgets, analysing variances — for decades these have been the core of the accountant's job. But times are changing. While assuring the integrity of financial statements remains job one, it is becoming an increasingly smaller part of the accountant's role. The combination of process…...
3 Predictions for Accounting & Finance in 2021
Everything changed in 2020—the way we work, the way we shop, the way we learn, the way we socialize and celebrate, and hopefully, the way we look out for each other. 2020 has challenged us to adapt quickly and rethink everything. And yet, in other areas, 2020 has changed nothing:…...
Finding the next generation of CFOs
When we predict the future of the C-suite, the chief financial officer (CFO) looks set to be pivotal. In this choppy economic world with workforce and investment priorities ever-changing, their brief may even become more influential, and more powerful, than that of the chief executive. But many believe not enough…...
Managing and Building Remote Finance Teams
The COVID-19 pandemic has made it challenging for leaders to manage, hire, and train new employees while working remotely. Using digital technology during the COVID-19 crisis to allow remote work has helped many financial professionals, enabled companies to continue serving customers, and made it possible for some businesses to…...
What does it take to become CFO?
The pursuit to become a CFO can be a long, uncertain process. Few people will eventually reach this role in their companies, but a group of CFO panelists at the CFO Live virtual event Tuesday provided insights and key pieces of advice. For those who eventually make the cut, the first 30…...
