Best Practices in Finance & Accounting Webinar

Overview: 

From AI to ESG, today's busy financial professionals must adapt to today's rapidly evolving business world. Whether you want to streamline and optimize processes, adopt automated systems, develop a more competitive workforce, or simply manage a remote office, it helps to understand the latest technologies and most successful business strategies. In this webinar, you will learn about improving your process flow, reducing waste, and:

  • The definition of a "Lean" methodology
  • Taking advantage of shared services and outsourcing
  • Recruiting the best new finance talents
  • Implementing Environmental, Social and Governance (ESG) reporting
  • Improving working capital and treasury management
     

 

Objective: 

To arm accounting and finance professionals with an arsenal of best practices now being applied by today’s leading organizations. You’ll discover many practices you can employ immediately with little or no cost, as well as ones that require advanced technologies but can pay off quickly. You will also get the latest updates on financial statement audits and inspections, while learning which practices work best for your organization.

SPEAKERS:

Robert Hirth, Co-Vice Chair, SASB

Jackie Klos, Partner, Financial Accounting Advisory Services, EY

David Levi, Senior Vice President, Controller & Principal Accounting Officer, Vonage

Alfred Sanders, Partner, CFO Operations & Transformation, Genpact

Shawn Seasongood, Managing Director, Global Consulting in Business, IT, Risk & Internal Audit, Protiviti

Andrea Vardaro Thomas, Director, Protiviti

Christopher Wright, Global Leader, Business Performance Improvement Solution, Protiviti

Emphasis: 
  • Applying a Lean Methodology to Accounting, Control, Measurement & Processes
    – Key components
      – Process flow
      – Employing a user-friendly
         system
      – Service to customers
      – Metrics and cost
      – Compliance and control
    – Evolution of finance accounting
    – Managerial approach
    – Wasteful practices
  • Recruiting & Developing Finance Talents
    – Managing a virtual workforce
    – Remote recruiting risks and
       benefits
    – Networking opportunities
  • Utilizing the Balanced Scorecard to Align Achievement of Goals & Objectives to the Organization’s Vision & Strategy
  • Developing a Human Capital Financial Statement/Advanced Metrics
  • Consolidating, Outsourcing & Offshoring: Motivations & Benefits vs. Challenges
  • Deploying Shared Service Centers
  • Aligning the Back to Front Offices With a Financial Service Center Mindset
  • Evaluating the Benefits & Risks of Cloud Computing
  • Applying Best Practices to Planning & Budgeting
  • Aligning Working Capital to the Supply Chain
  • Maximizing Deployment of Various Payment Cards
  • Expanding E-Payables, E-Receivables & E-Payments
  • Optimizing Inventory Investments
  • Best Practices in Treasury and Working Capital
  • Applying Best Practices to the General Ledger & Reporting
  • Techniques to Streamline the Financial Close
  • Other Best Practice Thoughts & Opportunities:
    – Fraud
    – Travel and Entertainment
    – Capital Assets
Bottom
Prerequisite: 

None.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Overview.

CPE Credit: 
8.00
NASBA Field of Study: 
Finance