Objective of the program

CFOs once known as head accountant and ultimate bookkeeper used to fully focus on numbers, budgets and financial reports & statements. However, they are now expected to also add value to business, guide and advice to CEOs and the Board on range of issues especially on strategy, risk, regulatory & legal compliance, and even technology. This trend which started during financial crisis in 2007- 2008 in western countries tended to redefine the role of CFOs elsewhere too. Post crisis, these add-on responsibilities of CFOs have continued and crystallized due to fierce competition, disruptive innovations and new sets of financial regulations brought in as part of post crisis reforms.

This Program will review the traditional finance function, changing nature of finance function and the evolving role of CFOs. The Program would also step back and deal with some of the traditional but intricate technical issues the CFOs and their teams face in the area of audit, taxation and legal & regulatory compliance. The participants would be exposed to innovations done by the fintechs, including Blockchain technology which could radically disrupt the accounting, financial controls and financial reporting.

Outline of the Program

·         CFO as one of the CXOs and CFO as a ‘Function’: A Recap

·         CFO: Comparative Views across Institutions, Sectors and Geographies

·         Digitalization of Financial Services and CFO

·         Advanced Technologies, Financial Controls & Reporting : The Future of Finance Function

·         Organizing the Finance Function and Building a CFO Team : Insourcing and Outsourcing

·         Statutory Audit, Financial Statements and Corporate Governance  

·         Corporate strategy setting, allocation of capital, cost-cutting programs, talking to investors, etc.

·         Issues and Complexities in Taxation

·         “The Exponential CFO”: A Panel Discussion