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Fears about artificial intelligence are less about replacing people and more about diminishing the value of human skills, according to a global survey.
Companies with more mature cybersecurity approaches expect to increase cybersecurity spending and better integrate their cyber strategy into overall transformation plans.
A digital transformation expert provides a road map for organisations, emphasising that the process should not be tied to grand plans or large capital allocations.
Challenges including insufficient resources could pause digital innovation for finance leaders, becoming a bigger barrier to transformation than technical issues.
Ninety-two per cent of professionals across finance, accounting, sustainability, and audit roles think technological transformation will enable an integrated and improved approach to ESG reporting.
Despite the pressures of an evolving finance landscape, leaders are enthusiastic, but say that talent attraction struggles, and career development limitations make it harder to manage the complexity of their roles.
Finance leaders from midsize companies are relatively optimistic and looking to increase investments to drive growth, but some burnt-out CFOs are considering career moves.
Technology leaders say that scaling artificial intelligence is the top priority for data strategy, and many leaders plan to increase investment in this area to be AI-driven by 2025.
Hear the key lessons and takeaways of AICPA & CIMA leaders from the recently concluded Future of Finance Summit, along with plans to continue its globalisation.
