How can finance departments and internal audit make the most of data science? This was the main question Centrica's internal audit team and ICAEW discussed at a workshop on 15 October 2018.
Advancing thinking and debate
What it’s all about?
CFOs and finance departments across the globe are striving to contribute more to organisational performance. This is nothing new, but achieving success in no easy task and there are no one size fits all solutions. ICAEW’s Finance Direction programme aims to help accountants in business think through the challenges and develop approaches tailored to their own unique circumstances. We do this through a combination of research, events and providing forums for discussion. On this page you will find links to a number of resources to help you on your journey. If you want to contribute to the discussion please email email@example.com.
How does your approach to BPM map against our framework? And what are the tensions you are likely to encounter?
How do you develop the capabilities necessary to contribute more to commercial decision making and strategy? And what if the rest of the organisation does not want input from finance?
How does your finance function compare and how do you deal with the inherent tensions we highlight?
What can a 1963 lecture on the finance function teach us? For Shell’s Group CFO the lecture still resonates.
What do you need to think about when it comes to organisational structures and how does the finance function fit in?
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We explore how CFOs, financial controllers and finance business partners all have a role to play in driving success.
Outcomes from a meeting of finance professionals from large organisations, discussing the potential of Robotic Process Automation (RPA) to benefit organisations.
When not to measure, provides some ideas on why measurement systems are not resulting in the behaviours your organisation desires.
View the 2016 PD Leake lecture given by Professor Paolo Quattrone of the University of Edinburgh Business School.
Rick Payne reports on an American Accounting Association discussion of management control systems.
Our helps managers in all functions who are being asked to pay more attention to the challenges of uncertainty.
BPM is about how organisations define, assess and improve the delivery of their business goals.
Managing risk can be a tough nut to crack, no matter what business you’re in. A panel discussion in Los Angeles, led by the Finance and Management Faculty’s Rick Payne, brought together leading business minds, who set out some ideas for dealing with risk.
Practical advice for those considering business partnering initiatives and those looking to improve their approach.