Finance flash: the TOP-10 articles of week 12, 2019
Want to keep up to date with the latest developments in finance, but you are short of time? Don't worry. CFO South Africa weekly collects 10 of the most important articles from international media for your convenience.
1. Top accounting scandals in 2018
A summary of the cases of financial scandals, accounting fraud and corporate fraud which capitivated us last year and their implications.
2. Why Great Leaders Focus On Mastering Relationships
Mastering personal relationships that build trust and create a collaborative work environment is central to leadership effectiveness in the digital economy. This skill set distinguishes great leaders from merely good ones, based on my interviews with C-suite executives in companies around the world.
3. How to Help Your Team with Burnout When You’re Burned Out Yourself
As a manager, you want to do right by your employees and support them through intense work periods so they don’t get burned out. But this can be a challenge when you’re feeling overly stressed yourself. How can you take care of yourself so that you have the time and energy to support your team? What steps do you need to take to reduce your stress level? And what actions can you take to improve your team members’ well-being?
4. Route to the top- Dr Martens CFO
Jon Mortimore, the CFO of Airwair International, owner of the iconic footwear brand Dr Martens, reveals the varied roles and experiences that have shaped his broad skill set.
5. Numbers Don’t Lie, Until They Do
A good number of controllers, financial analysts, accountants, and auditors don't completely trust the accuracy of their company's financial data.
6. 6 Negotiation Skills for the Office of Finance
Want to become a better leader? Want to save your organisation a lot of money? As a financial professional one of the most valuable skills you can learn is to be a great negotiator
7. IFRS 16: Putting your house in order
The new accounting regulation addressing leasing arrangements is now in place, so finance directors need to consider solutions that accelerate compliance, says lease accounting specialist Innervision.
8. Data's Growing Role in Scalable E-Commerce
While it seems unlikely that another mega-retailer will rise to challenge Amazon’s ecommerce business in the near future, at least 50 percent of the online retail market is wide open. Smaller and niche ecommerce stores have a real chance to reach specialized audiences, create return customers, and cultivate fervent brand loyalty.
9. Vendor Risk: The Second-Class Citizen of Cybersecurity
Other than in the heavily regulated banking and health care industries, vendor risk management remains cybersecurity’s second-class citizen, getting far less attention than it deserves. Attacks originating from insecure vendors and other third parties generate more than half of reported breaches, yet most companies under-address that source of vulnerability.
10. How Firms Can Nurture Internal Thought Leaders
Is your enterprise dominated by passive thinking and prescribed routines? Or is it one that generates fresh thinking and unlocks insights into the future? The viral popularity of TED Talks – with over a billion views to date – highlights the innate hunger we have for discovering breakthrough ideas.