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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Europe ranks ahead of Asia and North America as a destination for business investment, a survey of leaders from other regions shows. Germany and the UK were the top two target countries.
AI in hiring is becoming more common, but a lack of transparency around employers’ use of AI to evaluate candidates is eroding trust, a global report shows.
Nearly two-thirds of employees in a global survey said their company is more interested in using AI to create efficiency than to add value, leading many to feel like they’re doing two jobs and struggling to produce meaningful results.
The “significant” consultation on UK reporting requirements presents an important chance to keep corporate reporting transparent and efficient, CIMA said in a release.
Operating costs are constraining AI use for several companies, but the majority of organisations plan to increase AI investments, according to an annual survey from McKinsey & Co.
Most investors in a new survey cite concerns about AI accuracy in company disclosures, and more than one in four executives report that AI errors have been detected in information that reached external audiences or company boards.
