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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.
94% of finance leaders say AI has already helped improve decision-making, and 74% report positive effects on cost and risk reduction, according to a new survey.
Simon Bittlestone, FCMA, CGMA, CIMA president and chair of the Association of International Certified Professional Accountants, says AI and automation offer a once-in-a-lifetime opportunity to increase the profession’s scope and the value it brings to organisations.
A risk management expert shares insights on how management accountants can contribute to building their company’s strategic and operational resilience.
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.
Finance’s role includes championing the value of strategic planning to the business and providing data-driven insights on what course to pursue or avoid.
To stay competitive, CFOs should consider six initiatives, including a strategic approach to risk management, to accelerate growth in an uncertain future.