Working Capital Optimisation: A Toolkit for Financial Controllers
Working Capital Optimisation: A Toolkit for Financial Controllers Introduction to Working Capital Optimisation Definition and Importance Working capital optimisation refers to the strategic management of a company’s short-term assets and liabilities to ensure efficient operations and financial stability. It involves balancing components such as inventory, …
Financial Controllers & Scenario Modelling: Post-COVID Best Practices
Financial Controllers & Scenario Modelling: Post-COVID Best Practices The Role of Financial Controllers in a Post-COVID World Evolving Responsibilities The COVID-19 pandemic has significantly altered the landscape of financial management, placing new demands on financial controllers. Traditionally, financial controllers were primarily responsible for overseeing accounting …
Top Strategic Levers a Financial Controller Can Influence
Top Strategic Levers a Financial Controller Can Influence Introduction In today’s dynamic business environment, the role of a financial controller extends far beyond traditional accounting and financial reporting. As businesses strive for growth and competitive advantage, financial controllers are increasingly seen as strategic partners who …
Zero-Based Budgeting: Should Financial Controllers Adopt It?
Zero-Based Budgeting: Should Financial Controllers Adopt It? Introduction to Zero-Based Budgeting (ZBB) Definition and Concept Zero-Based Budgeting (ZBB) is a financial management strategy that involves building a budget from the ground up, starting from a “zero base.” Unlike traditional budgeting methods that adjust previous budgets …
The Role of FCs in Internal Whistleblowing Processes
The Role of FCs in Internal Whistleblowing Processes Introduction In today’s rapidly evolving corporate landscape, maintaining integrity within organizations is more crucial than ever. As businesses expand and diversify, the complexity of their operations increases, making them more susceptible to ethical breaches and misconduct. To …
Employment Law for Finance Leaders: A Risk Primer
Employment Law for Finance Leaders: A Risk Primer Introduction to Employment Law in the Finance Sector Overview of Employment Law Employment law encompasses a wide range of legal issues that govern the relationship between employers and employees. It includes regulations on hiring, workplace conditions, employee …
How to Prepare for an External Audit as Financial Controller
How to Prepare for an External Audit as Financial Controller Introduction to Audit Readiness Importance of Audit Readiness for Financial Controllers Audit readiness is a critical aspect for financial controllers, serving as a cornerstone for ensuring the integrity and accuracy of financial reporting. For financial …
Anti-Fraud Controls: What UK FCs Are Expected to Know
Anti-Fraud Controls: What UK FCs Are Expected to Know Introduction to Anti-Fraud Controls Overview of fraud in the financial sector Fraud in the financial sector is a pervasive issue that poses significant risks to institutions, stakeholders, and the broader economy. It encompasses a wide range …
Financial Controllers & GDPR: Ensuring Data Compliance
Financial Controllers & GDPR: Ensuring Data Compliance Introduction to GDPR and Its Importance in the Financial Sector Understanding GDPR The General Data Protection Regulation (GDPR) is a comprehensive data protection law enacted by the European Union (EU) that came into effect on May 25, It …
10 Traits That Top Financial Controller Hires Always Share
10 Traits That Top Financial Controller Hires Always Share The Role of a Financial Controller Overview of the Financial Controller Position The financial controller is a pivotal role within an organization, responsible for overseeing the financial health and integrity of the company. This position is …