Four key actions CFOs and their finance teams can consider to enable integrated reporting in their organizations.
At a conceptual level, blockchain is fairly straightforward but how it can deliver return on investment, particularly in relation to existing processes and systems, is more complex.
IFAC’s new ERM report highlights both it's importance and the contribution of accountants, CFOs and finance functions in leading ERM practice.
Given the importance of data to business success, IFAC’s Professional Accountants in Business Committee has been exploring the accountant in business role in data science and analytics.
IFAC’s Professional Accountants in Business Committee has been considering the kind of support accountants in business need and how professional accountancy organizations can better support them.
The recent IFAC report Enabling the Accountant's Role in Effective Enterprise Risk Management (ERM) highlighted the importance of risk management being a core competency for accountants—for CFOs and finance teams, ERM provides a platform for delivering additional value in business by improving decision making and enhancing the insights and information available to boards and management as they respond to uncertainty.
Doing the right thing is as important as being a technical expert. To this end, accountants in business need to be conscious of how they influence ethical business culture.