Top finance skills

Top finance skills

In todayโ€™s complex, nonlinear, and constantly changing business environment, itโ€™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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Tax compliance pressures rise as finance leaders consider AI

A new global survey finds a strong interest in AI amongst finance leaders tackling global tax compliance, but most are wary about data security.

IAASB proposes revisions to review engagements standard

The board opened a consultation on the proposed amendments, which include enhanced requirements for going concern disclosures.

CFO role expands at a quicker pace as disruption reshapes finance

In a global survey, traditional responsibilities take a back seat to the rapid expansion of strategic priorities for finance leaders.

Innovation drives investor confidence in Asia

Optimism for foreign direct investment in emerging markets modestly improved year over year. Asia stands supreme on the list of top-ranked markets for investment for the first time in over a decade.

IPSASB looks to augment financial statement presentation

The board seeks input on plans to develop a new standard in lieu of IPSAS 1 to enhance how financial information is presented in the public sector.

Futureโ€‘ready finance leader: From preparation to performance

Digital fluency is one vital skill for finance leaders to master as they lead through uncertainty, a global report said.

IPSASB proposes narrow-scope amendments to reflect updated guidance

The board proposed minor amendments to definitions and classifications in IPSAS standards to reflect relevant updates in the private sector.

A China milestone and CGMA designation awards in Sri Lanka, Zimbabwe

CIMA, alongside business and academic leaders in China, celebrates ten years of advancing the profession and moves to prepare for the future of finance.

UK job market shows signs of stabilising, report says

UK hiring declined slightly in March as employers remain cautious, according to a monthly survey of recruitment consultancies by KPMG UK and the Recruitment and Employment Confederation.

Gender parity plateaus, but some organisations remain steadfast on diversity

Some leaders in a Grant Thornton report tie executive diversity to increased innovation, better decision-making, and improved financial performance.