FEI Resources
Questions to 200 CPA’s and CFO’s
(Common answers combined for brevity)
What will be the biggest disrupter to the world of finance in the next 10 years?
Answers with resources:
Resources:
- How AI is changing the future of the financial industry
- Artificial Intelligence in Financial Services: Applications and benefits of AI in finance
- CFOs and AI: It’s Not Too Late to Get In the Game
- Understanding AI’s customer service opportunities
- How CFOs Can Capitalize on AI to Streamline Finance Ops and Increase Visibility
- Leveraging Artificial Intelligence and Machine Learning in Financial Management
- A CFO with a background in astrophysics talks about how A.I. will influence finance
- Here’s how companies should navigate generative AI in the world of work
Resources:
- The Impact of the FTX Bankruptcy on Global Regulatory Efforts
- How the Entrepreneurial Spirit is Transforming the Public Sector
- Layoffs, Return-To-Office Mandates, Hiring Freezes And Reduced Compensation Will Be Results Of Silicon Valley Bank’s Collapse
- On-call Accounting Advisory Services: A holistic accounting approach tailored to your challenges
Resources:
- Why CFOs Need to Evaluate and Prioritize Cybersecurity Initiatives
- 5 Reasons Why Cyber Matters for CFOs
- Cyber risk impact on cash flow: how credit managers can take action
- Personal Data Protection In The Open Finance Era—An Ever-Changing Puzzle
- The Ebb and Flow of the CFO’s Role: It’s Not Just About Numbers Anymore
- Is The CFO IT’s New CIO?
Resources:
- ‘There’s definitely an accountant shortage out there’: MBAs have become the go-to degree and companies are struggling to hire enough CPAs
- State of the Accounting Profession 2022 Via the AICPA Trends Report
- 28 Important Accounting Statistics by Actual Experts for 2023
- ACCOUNTANT DEMOGRAPHICS AND STATISTICS IN THE US
- Accountants’ Salaries Are Rising, but It May Not Add Up to More Accountants
- Is Accounting a Good Career to Go Into?
- Artificial Intelligence and the resulting automation. Although I think Artificial Intelligence is an Oxymoron!
- Artificial intelligence – The different ways AI is cutting friction on the customer side, as well as the ability to identify the sources of client or third-party data that can generate an algorithmically-powered image of the client and provide an insight into their ‘real’ level of risk.
- AI / Robotics / Data Security
- I believe that artificial intelligence combined with electronic currency will be the game changers for all finance professionals.
- Retirement of baby boomers (new blood and tech comfortable)
How do you feel YOUR career will change in the next 10 years?
- The use of 3d printers in manufacturing. Will be flexible
- it will probably move from full-time to contract work, and then hopefully into retirement!
- I'll be retired.
- Products will favor equal opportunity access to all. Education will be more prevalent.
- Having to automate more and staying ahead of the competition
- I believe the role of the CFO will continue to migrate and blend with technology as the importance of having timely, accurate and relevant data gets more critical every day. These two key components of an organization will continue to blend together as the demand for information increases.
- Need more powerful analytics and data insights to meet ever changing business needs
- I’ll (hopefully) transition from full time employment to board work.
- CFOs are assuming new strategic roles because they have insight into every business unit inside of an organization. They have visibility into opportunities that can be unlocked by information-led transformations.
- I hope to sell my business and be working for fun.
- Work will become quicker, faster, smarter but will still be just as stressful. The better technology will create bigger demands from clueless bosses.
- retirement and reduction of hours, and increased $$, due to hyperinflation
- Moving towards Flexibility v. Current Maximum output
- Artificial Intelligence will bring efficiencies, they will be needed because fewer and fewer students are choosing accounting for a career.
- More workflow will be automated and movement of cash will be more immediate and accessible.
- Well, with one foot in retirement, my career will slow down dramatically. Ha. I think that all finance careers will move towards a combination of pure technical accounting/tax law/banking, interfacing with information technology. The combination will drive artificial intelligence, which will likely take over many functions. From audits of financial statements to preparation of tax returns, AI will handle nearly all of these finance functions.
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