This includes sessions from the conference: Corporate Finance, Controllers and Global Manufacturing Conferences 2019
We live and work in a world where customer demands are increasing, technology is enabling and disrupting business, and talent trends continue to change how today's workforce operates. It is critical to have the right capabilities to serve our customers, by reimagining how we work across our organizations, in order to maintain competitive advantage. As CPAs and leaders, we will lead our organizations into the future. What will the company of the future look like? What skills do our employees have today, and what are the skills future employees will need? The Future of Work is a journey without an end and will require continuous improvement and transformation. Richard Hummers, SVP, Head of Global Enterprise Services and co-lead of the Future of Work initiative at Prudential Financial, will share his experiences and perspectives on this highly relevant topic as this year's keynote speaker for the conference.Speaker(s):
During this session, we will explore AI and ML solutions existing in accounting and finance. As well as, discuss how AI and machine learning will impact people, process and performance strategies. You will also gain a better understanding whether your team and organization are ready for AI and ML.Speaker(s):
With about 50% of the e-commerce market share in the U.S., Amazon is an important sales channel and marketplace to understand. This session will include an overview of the different ways to sell on Amazon, the keys to succeeding on Amazon, and how advertising can improve sales momentum.Speaker(s):
Today's global economy and multi-channel buyer environments are challenging the order management and inventory management processes of most companies. The belief that one approach or methodology can be applied across the entire business is no longer true. Learn how to identify the various channels or value streams you have within your business. Most likely there are 4~6 channels that required different strategies for managing orders, inventory and pricing.Speaker(s):
Cost accounting is a critical function and a key operational component for today’s successful producers and manufacturers. This session will cover basic cost accounting concepts and practices, theories of pricing, and the ways in which cost accounting can be used as a performance measure. In addition, attendees will learn how cost accounting interacts with financial accounting and income taxation concepts.Speaker(s):
In November 2018 the Sustainability Accounting Standards Board (SASB) published a complete set of 77 globally applicable, industry-specific standards which identify the minimal set of financially material sustainability topics and their associated metrics for the typical company in an industry. These standards are designed to be cost-effective for companies to implement and decision-useful to both companies and investors.
This session will cover the Conceptual Framework and Rules of Procedure followed by SASB staff and Standards Board to develop these standards. It will also highlight the resources created for users, including the SASB Materiality Map®, the SASB Engagement Guide, the SASB Navigator online research platform, and the new SASB Implementation Guide for Companies.Speaker(s):
A progressive shift is taking place within organizations. Visionary companies are turning to finance automation tools to increase efficiency, improve accuracy, and decrease risk. This new approach unleashes accountants to be more proactive, focus on complex and judgmental areas, and drive strategic business decisions.
This is what the future of accounting looks like: processes are automated, data is connected, and the role of the accountant is elevated. The accounting team's value expands beyond manual tasks and repetitive checklists to proactive analytics and earning a seat at the (decision-making) table. And now, empowered teams are achieving an accelerated and more accurate close faster than ever before.
For our Finance users, we discuss a breadth of new Excel features that capitalize on Artificial Intelligence, Business Intelligence and modern spreadsheeting: Power Query enhances self-service business intelligence (BI) for Excel with an intuitive and consistent experience for discovering, combining, and refining data across a wide variety of sources. Intelligent cloud-backed Office365 features such as Stocks and Geography data types open up Excel to recognize more than text and numbers and Ideas in Excel helps you identify interesting trends and patterns in your data, providing charts with formatting and titles as well as accelerating data analysis and understanding. Dynamic arrays revolutionize the modern spreadsheeting experience. With a set of new charts and our one-click forecasting feature, we've added more capabilities to reduce the work to get the desired visualizations or analysis.Speaker(s):
We are in the eleventh year of the economic expansion (the longest in U.S. history) following the “Great Recession” of 2008 and 2009. During the economic downturn the economy experienced outsized losses in the housing, manufacturing and jobs. Yet, the recovery and expansion has been restrained, although it has picked-up steam over the past two years. While unemployment rates are very low, strong wage gains remains elusive. Inflation has only recently reached the Federal Reserve's target after being well below it for several years and the Fed has been backing away from its very accommodative policy. Mr. Strauss will look at the performance of the overall macro economy with specific attention paid to key economic sectors and indicators for the U.S. economy over the next several years.Speaker(s):
One of the major roles that manufacturing accountants play is to identify cost savings activities and present those to the COO, VP of Manufacturing or the plant manager.
Often times these ideas are met with skepticism "What does the bean counter know about manufacturing?"
Yet the people most familiar with the costs and the cost structures are the manufacturing accountants.Speaker(s):