In today’s complex, nonlinear, and constantly changing business environment, it’s no longer possible for finance and accounting professionals to rely on existing skillsets. The rules of engagement have changed.
How can finance teams not just support but help develop strategy? How can automation be adopted and scaled to increase speed and success? What does the groundswell of interest in ESG mean to accountants? How can the finance function facilitate collaboration and good data governance? To be part of positive change and growth in organisations, what are the essential skills for the coming years?
In this series, we interview CFOs, finance directors, and other leaders from around the world to find out what skills are at the top of their minds. They said foundational finance skills will always be relevant, but other important competencies include machine learning, data analytics, Power BI, managing a remote team, empathy and listening skills, and connecting the dots. Published twice weekly, these interviews will give you a sense of what skills to develop for the future.
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Eighty-eight per cent of finance professionals believe AI will be the most transformative tech trend over the next 12 to 24 months. Yet only 8% feel their organisations are “very well prepared” to manage it, a new AICPA and CIMA survey shows.
The European Parliament votes to reduce the number of companies subject to reporting requirements to include EU companies employing over 1,000 employees and with a net annual turnover of over €450 million.
Recruitment activity fell again during November, but signs of market recovery are starting to emerge in the UK, according to a monthly report by KPMG and the REC.
More finance decision-makers are optimistic about their own companies versus the US and global economies, according to the quarterly AICPA and CIMA Economic Outlook Survey.
A rise in temporary billings and a softer fall in permanent placements point to increased stability in the UK, but cautious hiring prevails, according to a monthly report.
