Want to retain your CFO? A new study points to empowering a great chief accounting officer
Companies that allow CFOs to delegate accounting responsibilities to a chief accounting officer experience at least an 18% reduction in CFO departures, highlighting the impact of burnout and workload.
What CFOs say about AI when they're speaking off the record
CFOs from major companies are integrating AI into their operations, using it for sentiment analysis, scenario planning, and resource allocation based on market changes.
The biggest misconception about accountants is that accounting is designed to detect fraud. An audit is not designed for that purpose, despite the capability to do so.