This includes sessions from the conference: AICPA Corporate Finance and Controllers Conference 2020
The COVID-19 crisis has created unprecedented challenges for all organizations. Dispersed workforces have presented challenges to the CFO organization in preparing financial statements and sustaining other critical activities. It has also forced finance functions to take a closer look at impairment, valuation, net realizable value, loss contingency and exposure considerations, to name just a few areas. By virtue of their role as strategic and financial managers and scorekeepers, CFOs, controllers and FP&A professionals are in a unique position to view corporate risks across the enterprise. They are also in a unique position to help develop plans for recovery.Speaker(s):
Many things have to “go right” in order for digital transformation projects to succeed. These projects (e.g.; ERP and CRM implementations) often delay, disappoint, or fail entirely. A frequent, yet avoidable reason for failure is the lack of a prudent, well-conceived Data Strategy. A project-specific Data Strategy is developed once a business understands the information it owns, processes, controls, and needs – both in the present and in the future state. A proper system implementation plan should incorporate elements of the Data Strategy – including the more challenging, time-consuming tasks of data cleansing, relevance assessments, migration and cut-over planning, and the like. Planning ahead and considering data in these projects earlier rather than later can increase your chances of success with the project, as well as providing more sustained value.
In this session we discuss success factors related to prudent, proactive and intelligent Data Strategy – as well as other success factors necessary for increasing your odds of a sustainable digital transformation project.Speaker(s):
In this session we will explore the role people, processes and technology play in incorporate AI & ML into accounting, finance and FP&A processes. Additionally, take a look at some real life use cases where these tools are being utilized in helping drive business results. Lastly, this session will then explain how these tools will help accounting, finance and FP&A teams of the future partner and drive business results.Speaker(s):
Smooth seas make poor sailors. Leading a team across a tranquil pond can make any leader look like a pro. It's when the wind kicks up on the open ocean that our leadership skills are put to the test.
In this session, we'll discuss particularly important competencies and tactics to focus on as you navigate rough waters. When it's smooth sailing, you can probably get by without them, but when the water gets rough, they're essential to survival. You'll leave with specific things you can do to be more effective in leading your team through periods of uncertainty or particularly rapid change.Speaker(s):
Check usage is declining, as customers continue to shift to the digital payment methods they have gotten used to as consumers outside of the 9 to 5. COVID-19 has accelerated this process to an even greater degree as businesses continue to work remotely.
Join us for an interactive discussion as we explore:Speaker(s):
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 will be joined by finance talent expert, Charles Solomon, to share insights on the skills and competencies that will become more prominent in the post-COVID world and share best practices in developing an effective finance learning & development program.Speaker(s):
The coronavirus (COVID-19) has had a significant impact on the results of companies’ operations. Given the current market conditions and concerns about the pandemic, fiscal 2020 has been particularly challenging from an accounting and financial reporting perspective for many companies. The learning objectives for this course will include gaining an understanding about the accounting and financial reporting areas most impacted by COVID-19 for a range of topics, including the different models and triggering events for impairment assessments of tangible, intangible, and financial assets; accounting for the impact on revenue recognition, inventory, debt, taxes and lease accounting, and considerations related to reporting and presentation impacts for year-end financial statements.Speaker(s):
Is machine learning (ML), robotic process automation (RPA), and artificial intelligence (AI) still a mystery to you? We have heard much about how AI technologies can improve our business processes, but less about how companies actually implement these technologies.
Attend this session to hear how a leading company recently completed a project using internal resources that leveraged both ML and RPA to streamline a cumbersome freight accrual process.