As you build your management accounting career, developing your self - awareness and harnessing your social skills may be more valuable than you realize.

The job of an accounting manager is as much about leading people as it is about balancing the books. We have compiled a few leadership skills that accounting managers need in order to succeed.

Being a great leader is all about empowerment and understanding. The modern accountant can do this and become a great financial leader within their organization by empowering those they are surrounded by and empowering their business with a clear vision. Warren Bennis an American scholar, widely regarded as a pioneer of the contemporary field of leadership studies stated that, “Leadership is the capacity to translate vision into reality”.

Along with their peers in the C-suite, CFOs have treated cybersecurity and data privacy as top strategic priorities for several years. Increasingly, regulators are embracing a similar approach and CFOs need to take note and be ready.

BY KOYA TAKAHASHI, CMA: ". The CMA also helped me in a challenging merger situation, where I used my business, operations, and financial expertise to smooth things out with the merged company and eventually achieve business success."

So go for it! It’s your move!

In a sign of the cautious mood, this month, Goldman Sachs revised down its growth outlook for 2022 from 4.2% to 3.8%, due to the Omicron variant of COVID. Competent management accounting teams are critical for responding to this changing environment in a way that instills confidence and helps organizations build strategies for the new paradigm.

“Organizations that emphasize and incentivize training and external certification of their finance and accounting professionals perform functions more efficiently,” found a 2019 IMA global survey.

Mỗi giám đốc tài chính đều được giao nhiệm vụ gia tăng giá trị theo những cách mới. Trong khi các giám đốc tài chính trước đây có thể nhìn qua chỉ số dữ liệu trong quá khứ để tìm câu trả lời về hiệu suất và giá trị của tổ chức, thì các giám đốc tài chính ngày nay phải có khả năng kết nối hiệu suất hiện tại của tổ chức với triển vọng trong tương lai.

COVID-19 has been forcing accounting and finance teams to work remotely since last year, and that’s prompting reexaminations of how to use cloud technology for financial reporting in the future.

CFOs must be ready. Technology is a great tool to provide better leadership, strategy, performance, analytics, controls, reporting and operations management. But the tech revolution that is transforming business is not just about technology. It is about the humans behind the technology, and their ability to leverage these new and exciting tools in ways that add value to the business. This means a major upskilling initiative is underway in finance and accounting to understand the technologies and learn how they...

AsiaPac Student Case Competition is an international online competition in the field of Finance and Accounting for all students in the Asia-Pacific region. As the official partner of IMA in Vietnam, PACE is pleased to be the Gold Sponsor to accompany IMA throughout this competition.