According to the recently published PwC’s 22nd Annual Global CEO Survey, 85% of the surveyed CEOs overwhelmingly agree artificial intelligence (AI) will have a significant impact on their business within the next five years. For this reason, they have plans to pursue AI investments.
What does it take to create a strong governance and internal control environment?
What does it take to create a strong governance and internal control environment?
Have you ever read the story of Rumpelstiltskin? You know the one where under threat of death a young woman is forced to seek help to turn something fairly common like straw is into gold.
There are two types of accounting and finance professionals, those that ensure the appropriate controls and compliance are in place so that the numbers are accurate and consistent – let’s call this preserving value, and then there are those who are coming out from behind their desks, engaging with the business on meaningful problems, solving them, being a trusted sparring partner and financial mentor – let’s call this creating and capturing more value.So what’s stopping us from being both?
