CFO Priorities in 2024: Continuing the Balancing Act
While balancing widespread constraints, today’s accounting and finance leaders are tackling the audit cycle, adapting to the latest guidance, and transforming FP&A capabilities.
Accounting and finance leaders are facing a number of challenges as they gear up for 2024. They need to navigate the audit season amid ongoing demands, evolve toward the latest regulatory guidance, and guide growth while balancing financial caution. These considerations can help the Office of the CFO achieve year-end success by optimizing resources, managing risk, and adapting to change.
Navigating audit season amid constraints
Explore top priorities for audit season and how CFOs can enable their teams to be effective in light of increased pressures and ongoing talent shortages among accounting and finance professionals.
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Related topics: Audit Readiness | Accounting & Finance Operations | Financial Close & CPM
Evolving toward new guidance and emerging regulations
To ensure a smooth audit cycle, corporate accounting professionals must react to emerging regulations and keep up with the latest guidance across financial reporting, internal controls, and other matters—even if a company is privately held.
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Related topics: Accounting Advisory | Governance, Risk & Compliance | ESG Strategies & Reporting | Tax Advisory
Guiding growth and innovation while balancing financial caution
Through adept planning strategies, CFOs and finance professionals are managing a tenuous balance between long-term company growth and the choppy waters of short-term cash flow and operational excellence.
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Hear What CFOs Are Saying
“Our board and my boss are really excited about a couple of fantastic growth opportunities that will set us up well for the next two to four years. Meanwhile, I have to make sure that we have enough cash to make it through the next two to four quarters. A lot of what I’m spending my time doing is figuring out that tradeoff between growth and austerity.”
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