In todayโs complex, nonlinear, and constantly changing business environment, itโs 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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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.
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Finance decision-makers in business and industry are less optimistic about the US economy now when compared with the first quarter of this year, but they are slightly more optimistic about their own organisations, according to an AICPA and CIMA survey.