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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While most senior finance leaders in a recent survey say they’re under career pressure to demonstrate a return on agentic AI investment, the ROI may be slowed by an emphasis on speed.
The update sets out proposed changes to the IFRS Accounting Taxonomy to support digital financial reporting of information prepared in accordance with IFRS standards.
The FRC updated Technical Actuarial Standard 310 to reflect recent government legislation to enable the operation of multiple-employer collective defined contribution pension schemes.
Temporary hiring rose for the fourth consecutive month, and permanent hiring moved closer to stabilising, according to a monthly report on the UK job market.
While most employers say they don’t plan to reduce headcount this year, almost half of employees plan to find a new job in the next six months, a global report shows.
CIMA is honoured at the International Accounting Awards. Also, the global Association recently released the flagship report for the Rise2040 Initiative and announced a partnership with a university in India focused on talent development.
Half of business travellers skirt or flout travel and expense policies, a new global survey shows. Companies can learn from the perception of business travellers to reconsider policy definitions and explanations.
