Keynote: Wanted: Authentic, Congruent, and Bold Leaders for the Modern Era

May 6, 2021 10:00am ‐ May 6, 2021 11:15am

Identification: CFO2108

As our we struggle to balance a multitude of challenges, we need leaders who promote hope, not fear; inspire unity not division. The solution lies within. JD will share stories from tragedy to triumph and the essential qualities required to go deep inside, rise up, and become an authentic, congruent and bold leader for the modern era.

Learning Objectives:
  • Recognize the case for action for a new breed of leader to manage challenges in the modern era
  • Identify the personal identity crisis and associated thought—belief—emotional trigger sequence
  • Assess the power of the subconscious mind and why it relates to recent turmoil
  • Analyze what it means to be an authentic, congruent, and bold leader and where to start
  • Recognize how to master the essential qualities of focus, confidence, and courage to shift your trajectory and chart a new course
Category: General Session (Online)

A Washington Update: The First 100 Days and Ongoing Outlook for the 117th Congress

May 6, 2021 11:25am ‐ May 6, 2021 12:15pm

Identification: CFO2109

The Biden Administration is settling in and the Congress and Administration have many issues to address. Which issues are front and center and which ones will affect the accounting profession and business community? What role are narrow House and Senate majorities impacting the current congressional legislative agenda? Will the 2021 off-year elections provide any indicators for potential outcomes in the 2022 mid-terms?

Learning Objectives:
  • Identify which seats are up for election and the potential outcomes
  • Assess the implications of the election on business, tax, trade, and other issues of importance to business
  • Evaluate the potential impact of these issues with respect to advocacy efforts on behalf of the profession
Category: General Session (Online)

What Role Should CFOs Play in Advancing DEI?

May 6, 2021 12:45pm ‐ May 6, 2021 2:00pm

Identification: CFO2110

Some feel that DEI is only a human resource matter, or the sole responsibility of a DEI professional, however, to be truly effective, DEI must be everyone’s responsibility. McKinsey & Company’s January 2018 and 2020 research reinforces the link between DEI and company financial performance. In this session participants will learn tips and actions that CFO and finance leaders can take to ensure that they are playing a valuable role in advancing DEI within their organization.

Learning Objectives:
  • Recognize areas where you can partner with other executives on DEI initiatives
  • Determine how to effectively advocate for progress and accountability
  • Identify strategies for providing an evolving culture of inclusion
Category: General Session (Online)

IRS Updates: Noteworthy IRS Procedural Guidance, Operating Status and Enforcement Activities

May 6, 2021 2:15pm ‐ May 6, 2021 3:30pm

Identification: CFO2111

During the session we will discuss the updates on the IRS operating status, including the delays that IRS is experiencing with processing taxpayers tax returns, issuing tax refunds, including those that were submitted as tentative refund claims, as well as responding to other taxpayer’s requests. We will briefly touch upon the taxpayer’s advocate report to Congress that identified 10 most serious problems that the taxpayers encountered in their dealings with the IRS. We will discuss how IRS budget impacts IRS enforcement activity and IRS enforcement initiatives for the fiscal 2021 tax year.

Learning Objectives:
  • Assess implications for the IRS’s operating status issues on business
  • Analyze the IRS budget for Fiscal Year 2021 and how it impacts the IRS’s enforcement activities
  • Recognize IRS enforcement activities, campaigns and various initiatives (examination of high net worth individuals, withholding tax liability, BBA partnership examinations)
  • Identify the 10 Most serious problems the taxpayers encountered in their dealings with the IRS as reported by Taxpayer Advocate to Congress
Category: Concurrent Session (Online)

Putting People First – Evolving the Approach to Developing Finance Talent

May 6, 2021 2:15pm ‐ May 6, 2021 3:30pm

Identification: CFO2112

Even before the current crisis, digital transformation and new ways of working were having a significant influence on the critical skills and capabilities of the finance function. The coronavirus pandemic has accelerated that need. Barry Payne, Director – External Relations, Management Accounting and panel will share insights on the skills and competencies that will become more prominent in the post-COVID world and tips on developing a measurable roadmap to develop sustainable finance talent. This is an absolute imperative for CFO’s.

Learning Objectives:
  • Identify how leveraging digital technologies has changed the skills landscape
  • Determine how digital technologies are driving new operating models and will shape the Future finance function
  • Analyze what finance leaders have learned from doing business during the pandemic
  • Recognize how skills and competencies of finance professionals need to evolve
  • Apply tips and techniques learned for developing a measurable roadmap to develop sustainable finance talent
Category: Concurrent Session (Online)

What CFO’s Should Know About the Changing Capital Markets Landscape

May 6, 2021 4:00pm ‐ May 6, 2021 5:15pm

Identification: CFO2114

The role of both the public and private company CFO has never been more challenging. Living through COVID and navigating the ever-changing expectations of customers, shareholders, creditors, and the community at large has been quite difficult. Yet certain truisms were once again revealed during the last year as it relates to capital structure, relationships with critical constituents and being nimble in the face of changes. Larry will explore some of the lessons learned from the last 12 months and what we might expect of the 12-24 months ahead.

Learning Objectives:
  • Evaluate the strategic element of capital structure and financings
  • Recognize the role of disruptive forces across all industries – Software, AI/Machine Learning, Robotics/Automation, and much more
  • Determine when SPACs become so popular and why?
  • Analyze the evolving nature of private equity and credit investors
Category: Concurrent Session (Online)

Human-Centric Digital Transformation for Finance Leaders (sponsored by Sage Intacct)

May 7, 2021 9:00am ‐ May 7, 2021 9:50am

Identification: CFO21203

The term "Digital Transformation" has been tossed around in recent years to describe a technology-first means to transform businesses. But what IS digital transformation, really? IT modernization? Process automation? Or a human-focused business imperative?

Learning Objectives:
  • Assess how to deconstruct digital transformation to show how replacing manual processes with digital processes puts people first, rather than make them obsolete
  • Identify how technologies like artificial intelligence and big data serve the transformation by elevating the work of humans
  • Recognize that human-centric digital transformation is a critical enabler for companies to anticipate and prepare for change
Category: Early Riser (Online)

Using Corporate Performance Management to Improve Financial Results (sponsored by Prophix Software)

May 7, 2021 9:00am ‐ May 7, 2021 9:50am

Identification: CFO21204

Today, more and more we are seeing the challenges facing Finance and Accounting professionals. If there is one thing that 2020 has taught us, now is the time for finance to redefine it’s mission to achieve its long-stated goal of becoming a more strategic partner with the rest of the organization.

Learning Objectives:
  • Recognize the importance of Corporate Performance Management (CPM)
  • Identify how agile planning with CPM makes planning easier and faster with automation and improved collaboration
Category: Early Riser (Online)

Mental Toughness For Tough Times

May 7, 2021 11:00am ‐ May 7, 2021 12:15pm

Identification: CFO2116

Terms like mental toughness and a strong mind conjure up images of tough guys who plow their way through obstacles and adversity. That approach might work in football, but not in business or life. Many of us have experienced trauma in different ways in recent months. More than ever, we need positive thinking, resilience, and willpower to find ways to move through adversity and roadblocks.

As a former FBI agent, LaRae believes that while theories are nice, evidence is better. This session will combine her real-life experience with neuroscience and social psychology to help you find new ways to meet the challenges in front of you.

Learning Objectives:
  • Positive Thinking: Recognize how you can prevail in your circumstances rather than expect your circumstances to change
  • Resilience: Determine why your obstacles won’t define you; instead, you can be defined by how you overcame them
  • Willpower: Identify how to pursue the things that fill you with purpose and meaning. Once you do, you will put in the work to get better at it every day
Category: General Session (Online)

ESG Performance, Reporting and Assurance

May 7, 2021 12:45pm ‐ May 7, 2021 1:35pm

Identification: CFO2117

Environmental, Social and Governance (ESG) performance, reporting and assurance has gained center stage around the world as organizations seek to better understand the needs and concerns of a variety of stakeholders, improve their own performance and better communicate their ability to create long term sustainable value. CPA’s, the CFO organization, and Finance professionals can all play a valuable role in adding value as their organizations, start, evolve, and continuously improve their ESG related activities.

Learning Objectives:
  • Analyze the latest drivers and applications of ESG activity that enhance organizational value and sustainability for key internal and external stakeholders
  • Identify the most current ESG reporting techniques and leading practices as well as reporting frameworks used by leading organizations globally
  • Recognize internal control aspects and third-party assurance options for ESG reporting as well as integration with Enterprise Risk Management
Category: Concurrent Session (Online)