Finance flash: the TOP-10 articles of week 39, 2019
Want to stay up to date with the latest developments in finance, but short on time? Don't worry. CFO South Africa weekly collects 10 of the most important articles from international media for your convenience.
1. What Private Companies Can Learn from Public Companies’ Lease Accounting Transition
While lease accounting delay for private companies and nonprofits may have been celebrated, it’s a gift that could easily be squandered with inaction.
2. Embracing the Paradoxes of Leadership
While corporations face constantly competing demands for resources, we still talk about moonshot long-term strategy. How can we sync ambitious aspirations with maintaining our business-as-usual which funds these innovative and profitable visions of the future?
3. Finance Leaders Drive Performance in These Three Areas
With the help of significant investments in technology, CFOs have been able to expand their focus from traditional concerns — primarily financial integrity of the business and risk management — to areas impacting enterprise performance.
4. 4 Ways to Manage an Emotionally Needy Employee
These days, there’s lots of discussion about the importance of leaders being more vulnerable and creating psychologically safe work environments in which people can share their feelings. But what happens when someone takes that too far?
5. Management accountants expect pay increase of 5%
Management accounting continues to become more lucrative for its practitioners, as CGMA designation holders across the globe forecasted an average expected increase in salary of 5%, with 83% expecting to receive an increase.
6. As Brexit Draws Near, Are Companies Ready?
Smart leaders have done major contingency planning, but even they don't know what's actually going to happen, as Brexit will be a first-of-its-kind event.
7. The analytics academy: Bridging the gap between human and artificial intelligence
The rise of artificial intelligence (AI) is one of the defining business opportunities for leaders today. Closely associated with it: the challenge of creating an organization that can rise to that opportunity and exploit the potential of AI at scale.
8. The Future of Tax is Smart
Tax departments have been perceived as digital laggards living in the past. FEI Daily speaks with Andy Gold a Tax Partner - Innovation & Technology for the Multiservice Practice at Deloitte Tax LLP on the coming digitization of tax and how emerging technologies like Deloitte's CognitiveTax Insight will provide the disruption needed to transform tax departments into strategic business partners.
9. Gartner says stakeholder management strategy is critical to CFO transition success
New CFOs Who Use a Structured Approach to Relationship Building Increase Their Chances of a Successful Transition by 50%. As seen first on www.gartner.com.
10. How fintech changes a management accountant’s job
In retail banking, two types of companies are actively marrying technology with financial service products to win over consumers: legacy companies such as banks and telecom companies that are rolling out mobile apps and digital products to make it easier for their consumers to pay bills, lend money, or invest; and new entrants like fintech startups that are chipping away at traditional players’ market share and margins. WorldRemit is one such startup.