The Financial Executive Podcast: Recent Episodes
Financial Executives International
Financial Executives International presents the Financial Executive Podcast: an audio digest focusing on the ideas and strategies of senior-level financial executives.
FEI Engage – Financial Executives Internatinonal’s platform for the community of students and early career people in accounting finance – held three discussions during the summer for subscribers that were focused on the skills needed for newly minted professionals. Today’s podcast is a recording of the first seminar held by FEI Engage’s Olivia Berkman with Jeffrey Hales – Executive Director of the Global Sustainability Leadership Institute at University of Texas at Austin – regarding how finance and accounting skills need to adapt to a world that demands new financial reporting skills. Special Guest: Jeffrey Hales, PhD.
How organizations recruit and retain their top talent has never been more of a hot button issue in the finance and accounting industry than it is at this time. Whether it’s the decline in qualified graduates or a no holds barred war for existing talent, how to incentivise and manage your workforce is going through a generational shift that requires pulling many different levers. But its not just about retention. Today’s leaders also need to hand down the traditional communication and project management skills that today’s specialized education curriculums sometimes lack. In this sponsored episode of the podcast week speak with Jill Silman Chapman, Director of Early Talent Programs at Insperity, about these issues and how to recruit and retain the next generation of talent. Lean more (https://www.insperity.com/services/hr-outsourcing/?cid=7014x0000011wWCAAY&pid=alliance-fei&utm_source=fei&utm_medium=referral&utm_content=podcast-link&utm_campaign=alliance-fei) Special Guest: Jill Silman Chapman.
It's no surprise that the pandemic brought about a serious talent gap issue. From quiet quitting to a declining number students entering finance and accounting degrees, corporations are finding to hard to fil the talent gap within their finance and accounting teams. For Koch Industries, however, the talent gap issue compounded with the push for greater diversity created for the perfect environment for them to launch their apprenticeship program. On this episode of the FE Podcast we sit down with the Controller of Koch industries Kristi Palmer, and two apprentices Juliana Pruitt and Miguel Sarratud to learn more about how apprenticeship programs can not only effectively solve the talent issue in finance and accounting but also provide an avenue for corporations to creatively address DE&I concerns. Special Guests: Juliana Pruitt, Kristi Palmer, and Miguel Sarratud.
Accounting fraud and how to model it with Dr. Daniel Beneish The search for corporate and accounting fraud has become its own form of academic study with researchers and universities trying to determine the common threads that would offer the easiest path to discovering deceit. It is also fueled the sometimes highly profitable investment practice of “shorting” stocks. One of the most established and well known tools for measuring possible accounting fraud is the Beneish M-score, a model that users say offer the best probabilistic tool for determining financial manipulation. In this episode of the podcast we speak with the model’s namesake – Dr. Daniel Beneish of Indiana University– about the accuracy and limitations of the M-score and what it’s saying about earnings manipulation heading into the next 12 months. Join FEI (https://www.financialexecutives.org/Become-a-Member.aspx) Special Guest: Messod Daniel Beneish.
To get some clarity around the issue, I speak with Lisa Knee of EisnerAmper, Tax Partner and National leader of the firm's Real Estate practice and the National Real Estate Private Equity Group her perspective on changes in the commercial real estate market over the next fiscal year and what both CRE investors and users are thinking. Take our podcast survey (https://financialexecutives.az1.qualtrics.com/jfe/form/SV_6txfrEJyF3Wz8YS) Join FEI (https://www.financialexecutives.org/Become-a-Member.aspx) Special Guest: Lisa Knee.
In this sponsored episode of the Financial Executive podcast we speak with Rehman Rashid, Finance Leader at Workday and Rex Blodgett Director, People Analytics at Workday, regarding their approach to closely tying together finance and human resources for more effective planning, Special Guests: Rehman Rashid and Rex Blodgett.
Whether it’s uncertainty in the Gulf, war in Ukraine or the move to renewable sources, the energy industry is facing a generational paradigm shift with long-term implications for its future. Not since the crisis of the 1970s have energy providers been confronted with so many risks and opportunities. Fossil fuels remain at the center of the global energy ecosystem, and Houston-based Halliburton provides the infrastructure to keep it flowing, from exploration to production. But as global geopolitical dynamics change, and domestic priorities shift, how the oil and gas industry responds to changes on the ground today will shape the sector for decades. Special Guest: Charlie Geer.
Environmental, Social and Governance standards have recently moved beyond the realm of necessities. These standards, used to attract socially conscious investors, have become necessities for companies and organizations alike. The real struggle for many investors is tangibility and practicality. Greenwashing too, has become a real industry challenge. Chris McClure is the leader of the Crowe's newly established ESG Center of Excellence. With over 25 years of experience in regulatory and compliance matters, Chris dismantles some of the most common pitfall’s organizations face when setting the ESG agenda and concurrently when applying the strategy. Special Guest: Chris McClure.
October 11 is National Coming Out Day and we thought it would be a good time to share a conversation that took place earlier this year during Financial Executives International Belonging In Finance. Dillon Papenfuss, FEI’s Director of Research and Kevin Lavin, a partner with EY had a very thoughtful discussion about some of the hurdles they faced when coming out in the industry and what changes that still need to happen to make it a more inclusive profession. Special Guest: Kevin Lavin.
Financial professionals are currenlty dealing with a lot of unknowns in this economic environment, whether that is revenue, budgeting or even staffing. This can lead to a lot of static in your numbers and a lot of confusion for anyone trying to rely on those numbers. In this sponsored episode of the Financial Executive Podcast we speak with Christopher Geers, Director at Huron Consulting Group, about the role that digitization in finance can play in getting you work in synchrony. Special Guest: Christopher Geers.
In this episode of the podcast we speak with Mark Cowan, a professor of accountantcy at Boise State University. A CPA and a lawyer, Prof Cowan has spent his career in both public and industry accounting and has written about the role of mental health in the profession and the need for some things to change. Depression and the CPA (https://www.journalofaccountancy.com/issues/2020/feb/mental-illness-depression-at-work-mark-cowan-cpa.html) How CPAs and employers can support mental health (https://www.journalofaccountancy.com/issues/2021/nov/how-cpas-employers-support-mental-health.html) Special Guest: Mark Cowan.
Consecutive market shocks of a global pandemic, rising inflation, and a threatened recession continue to chip away at market confidence. Despite these traumas, the US financial services industry has never been more stable. Special Guests: Giannine Cohoon and Tonya Hummers.
Rapid changes in the US economy are forcing consumer credit providers to shore up their balance sheets and operations for some rough waters. Amex’s David Fabricant sits down with FEI to detail how one of the largest credit provider is bracing for any change. Special Guest: David Fabricant.
There is a great deal of uncertainty rolling through the business community and markets, and strategies, customers and products that seemed a sure thing six months ago are being called into question. Financial executives with critical financial planning and analysis, or FP&A skills, will be needed more than ever to help management prepare for all economic possibilities. Special Guest: James Hsieh.
Payments are the lifeline of any business, as the main artery for cashflow and financial sustainability. Kristy Carstensen lead’s the finance efforts of Minneapolis-based US Bank’s payment services and will offer her perspective on how payments practices will evolve over the next decade. Special Guest: Kristy Carstensen.
Consecutive market shocks of a global pandemic, rising inflation, and a threatened recession continue to chip away at market confidence. Despite these traumas, the US financial services industry has never been more stable. The Financial Education & Research Foundation (FERF), in cooperation with Robert Half | Protiviti, will hold live, in-depth Q&A discussions with three leaders that will offer insight on how American banks are navigating these unprecedented and challenging times, and what their customers can expect as financial services reacts to an increasingly volatile world. Whether it is paying for a parking spot with your phone or transferring cash across the globe, all aspects of banking and finance are being digitized. Citi’s Johnbull Okpra will discuss how these changes are impacting the industry from the unique position as one of globes largest banking institutions. Special Guest: Johnbull Okpara.
A key responsibility for anyone in the finance function is closing the company books on a monthly, quarterly and yearly basis. And although to a layperson that may seem like a straightforward process, anyone with an accounting or finance background knows it’s anything but. Filled with multiple stakeholders and dependencies, the financial close can be a complicated process for even a small organization. But that complexity can increase algorithmically with the size of the organization. In this sponsored episode of the Financial Executive Podcast I speak with Nancy Wu, head of sales and support at SkyStem. SkyStem provides account reconciliation and financial close applications for the enterprise. Nancy speaks about the increased use of automation in the financial close and how recent events, like the move to remote working during the COVID-19 pandemic, may have accelerated an already rapidly changing financial close process. For more information on SkyStem please visit www.skystem.com. Special Guest: Nancy Wu.
Civil rights audits, also known as racial equity audits, have become a new way for organizations to review their internal and external operations for systemic racism and discrinination. Although they do not necessarily involve the finance function, they do have a significant impact on company disclosures and strategy. In this episode of the podcast we speak with Valecia McDowel and Elana Mitchell, both of the law firm of Moore & VanAllen, about the increasingly important role of civil rights audits and how they fit into an organization's push for transparency. Special Guests: Elena Mitchell and Valecia McDowell.
Shareholders have filed more ESG resolutions in 2022 than in all previous years, according to Morngingstar.. In this podcast we speak with Andrew Behar, CEO of the non-profit As You Sow, a shareholder advocacy non-profit that focuses on corporate social responsibility. We discuss the current proxy season and how accounting, auditing and financial disclosure practices fit into their approach to engaging with public companies. Special Guest: Andrew Behar.
Crypto and blockchain are finding quick adoption in the corporate world, and that means financial executives are looking for ways to overlay some of the time tested assurance practices. Given the emphasis on the technology underpinning crypto it should be no surprise that service organization control reports, often referred to as SOC reports, are being embraced by companies looking to develop an operational risk structure around blockchain services. Special Guest: Rich Perilloux.
This podcast is the first in a series of discussions we are conducting for our FEI Engage subscribers, with the goal of offering access to senior auditing and accounting professionals and academics to get their thoughts on the biggest issues facing students and early career professionals entering the industry. In this inaugural Engage 101 podcast, we look at China. Over the past 20 years the rise of China in the global economic order has astounded economists. That has translated into an influx of Chinese companies looking to tap the U.S. capital markets. As a result, there has been a debate between global regulators about the audit standards that China-based companies should be held to when they access the US equity markets. We speak with Professor Paul Gillis of Peking University in China. Professor Gillis started out at Price Waterhouse and led their entrance into China before retiring in 2004 and entering academics. Special Guest: Paul Gillis.
The past two years of pandemic-induced uncertainty have opened the door for risks that financial executives have not had to manage at scale in decades: rapidly rising inflation and the knock-on effect of currency volatility. Join the Financial Education and Research Foundation (FERF) for the first ForwardThinking session of the New Year to learn about how these new risks should be reported, measured and hedged when possible. It has been generations since these risks have been seen at any scale and new strategies may be needed to meet old challenges. Special Guests: Amol Dhargalkar and Elizabeth Gordon.
For finance leaders in the media, news and entertainment industries, digital transformation has altered traditional business models. Disruptions in politics, public policy, and consumer habits along with ever-changing digital platforms, have forced many to pivot. Media financial executives are tasked with trying to survive in an industry beset with risks, and also making their organizations financially viable for years to come. Special Guests: Paul McDonald and Paul Sachs.
Over the past several months there has been no shortage of discussion regarding global trade and the knock on-effects of the pandemic. But while debates over supply chain and cargo disruptions are at the top of everyone’s minds when it comes to physical trade, there is an even more important discussion building about the future of the global trade in services. In this episode of the Financial Executive Podcast we speak with Nawaz Ali, head of market insights at Western Union Business Solutions, regarding Western Union’s new research report -- The Global Services Trade Revolution -- which looks at how the trade of services and digital products is going through its own upheaval and revolution. Special Guest: Nawaz Ali.
The new year may start with a bang for lenders, but not in a good way. On the heels of the federal eviction moratorium expiration for most states that takes place in January, lenders may see a rise in commercial foreclosures—both on properties that had been in default before COVID-19 took hold and properties that were vacated over 2021. In this episode the podcast we speak with Brendan Arnott, Senior Vice President at Chubb insurance about what risks lenders and other financial institutions need to keep in mind when taking ownership of a growing vacant property portfolio. Thanks to SAP for sponsoring this episode. To learn more about SAP use the link below https://www.sap.com/products/erp-financial-management.html Special Guest: Brendan Arnott.
At the height of the coronavirus pandemic, government-mandated shutdowns placed live, cultural activity companies in jeopardy. Dance crews and entertainment studios known for being creative in their mediums turned to financial teams for their creative, sustainable solutions. Brian Parisi, Chief Financial Officer at Break the Floor, the nation’s prominent live entertainment company will share how live entertainment companies landed during the pandemic, and where they go from here. Special Guest: Brian Parisi.
Government mandated stay-at-home orders significantly contributed to the growth of the streaming culture. The quarantine mandates also resulted in a mass shutdown of content productions. For media and entertainment companies that rely on production revenues, the impact was grave. Join us as we speak with Viacom EVP, Controller and CAO Katherine Gill-Charest about their transfer of non-core assets to support the growth of streaming, and how they deal with production halts. Special Guest: Katherine Gill-Charest.
Patricio is an industry veteran with 25 years of public company finance experience. He would be able to provide insight on a Latin American company successfully going public in the U.S. and also the company’s record third quarter 2021 financial results. In this episode of the podcast we speak about how he was able to navigate through a SPAC transition and keeping his team focused in the middle of a pandemic. Thanks to episode sponsor SAP. To learn more about SAP's work with financial executives click on the link below. www.SAP.com/finance Special Guest: Patricio Vargas.
Chris Mitchell has been with Crowe for six years, serving as a consulting principal within the technology, media, and telecommunications services group prior to this appointment at the firm’s first Chief Diversity Officer. As CDO, Mitchell is responsible for driving a programmatic agenda to support a culture of inclusion in line with the firm’s vision and strategy. In this conversation, we talk with Chris about his experiences moving up in the accounting/audit/consulting industry and his hopes for making sure diversity is represented in its ranks. **_The information in this podcast is not – and is not intended to be – audit, tax, accounting, advisory, risk, performance, consulting, business, financial, investment, legal, or other professional advice. The information is general in nature, based on existing authorities, and is subject to change. The information is not a substitute for professional advice or services, and you should consult a qualified professional adviser before taking any action based on the information. Crowe is not responsible for any loss incurred by any person who relies on the information discussed in this document. _ Special Guest: Chris Mitchell .
Real inflation-- where prices jump and spending is pummeled -- and is not something that businesses in the United States have had to deal with in decades. In this episode we speak with Dr. Elizabeth Gordon, Professor and Chair of the Department of Accounting at the Fox School of Business at Temple University in Philadelphia about how inflation will need to change financial disclosures. Become a member of FEI. (https://www.financialexecutives.org/Become-a-Member.aspx) Special Guest: Elizabeth Gordon.
When it comes to public company disclosures, the statement of cash flows does not receive a great amount of attention. Seemingly a straightforward accounting of a company’s cash position, many preparers and investors spend more time debating the makeup of the balance sheet or income statement. But for Counterpoint Global’s Michael Mauboussin, anyone that treats the cash flow statement as an “afterthought” is making a mistake. In his new research piece titled “Categorizing for Clarity”, he argues that the cash flow statement needs to be completely overhauled to keep pace with the ways that companies absorb and pay out their cash positions. In this episode we speak to Mr. Mauboubissin about his proposals (which can be found in the episode’s show notes) and the issues that a confused cash flow statement brings up for both prepares and investors. Categorizing for Clarity (https://www.morganstanley.com/im/publication/insights/articles/article_categorizingforclarity.pdf) Join FEI (https://www.financialexecutives.org/Become-a-Member.aspx) Special Guest: Michael J. Mauboussin.
CECL continues to remain at the top of mind for Financial Executives in the banking industry and in this episode of the podcast we speak to two professionals from the American Bankers Association that are at the forefront of those adoption efforts: Michael L. Gullette, Senior Vice President of Tax & Accounting and Joshua Stein, Vice President, Accounting and Financial Management Special Guests: Joshua Stein and Michael L. Gullette.
Like many news and publishing houses, Guardian News & Media faced unsustainable annual losses as a result of the pandemic. Join the conversation with Regina Buckley, Chief Operating Officer, President and Former Chief Financial Officer, to learn about how amongst many challenges faced by the publishing industry (primarily digitization), she pivoted and adapted to keep their business models afloat. Special Guest: Regina Buckley.
Financial executives in the US are waiting for a new set of rules focused on sustainability reporting that’s expected to come from the U.S. Securities and Exchange Commission before the end of the year. That could mean a great deal of resources and time for the preparer community to adapt to any new standards. But sustainability reporting doesn’t necessarily need to be laden with new rules and a lot can be accomplished within the existing frameworks. That’s the argument of David Pitt Watson, one of the leaders of the Climate Accounting Project: an informal group of finance and investment executives attempting to advance the ESG accounting and reporting dialogue out of the UK. In this episode of the podcast we speak with Mr. Pitt Watson about his hopes for ESG reporting in the US, the usefulness of existing rules and the challenges of accounting and reporting carbon emissions. Learn more about becoming an FEI member (https://www.financialexecutives.org/Become-a-Member.aspx). Special Guest: David Pitt-Watson.
Financial executives have been at the center of fighting financial and accounting fraud, adapting as both the players and the schemes have changed with circumstances. But the COVID-19 pandemic unleashed a combination of forces that will take combating fraud to a new level, whether its remote workforces, changes in global supply chain security or hundreds of billions in government assistance pouring into corporate coffers. Special Guests: Margo Cella and Pam Verick.
With trillions of dollars at stake, government comptrollers are at the tip of the spear in making sure taxpayers’ money is spent wisely and the right private sector partners are working within the system. The Financial Education and Research Foundation (FERF), in cooperation with Robert Half | Protiviti, held a series of interviews featuring live, in-depth Q&A discussions with government controllers on the ways they are leading the state and federal government out of the pandemic. Special Guests: Carol Beaumier and David Araldi.
As part of our ongoing ForwardThinking series, FEI’s Shivani Somaiya speaks with Phialelphia’s controller Rebecca Rhynhart about how the city of brotherly love is fighinto to come back from the crisis. Special Guest: Rebecca Rhynhart.
Over the past year as the price of Bitcoin and other cryptocurrencies has risen institutions have started to take a serious look at digital currencies not only for customer transactions, but also as an asset class to hold on the balance sheet within treasury accounts. It should no surprise that an ecosystem of providers is cropping up to assist companies in the transition into digital currencies.. Special Guest: Luke Sully.
With the passage of the $1.9 trillion coronavirus relief package the US federal government will have a monumental task of accounting for how and where the money is spent. As head of the Government Accountability Office, Comptroller General Gene Dodaro will be responsible for overseeing how taxpayer dollars are spent and provide objective, non-partisan, fact-based analysis. Special Guest: Gene Dodaro .
Special-purpose acquisition companies,or SPACs, have become the latest rage in corporate finance, allowing private companies to go public by first being acquired by a blank check company. According to the latest figures, there are over 400 SPACs now in the market that are seeking private firms to acquire and take public. In this episode of Financial Executive Podcast we speak with Mandi Simpson, a partner with Crowe accounting advisory, and Bill Watts, a principal also with Crowe accounting advisory, about how financial executives involved with a SPAC transaction should plan and think about these unique transactions. _The information in this podcast is not – and is not intended to be – audit, tax, accounting, advisory, risk, performance, consulting, business, financial, investment, legal, or other professional advice. The information is general in nature, based on existing authorities, and is subject to change. The information is not a substitute for professional advice or services, and you should consult a qualified professional adviser before taking any action based on the information. Crowe is not responsible for any loss incurred by any person who relies on the information discussed in this document. _ Special Guests: Mandi Simpson and William Watts.
Like many states, California had their economy turned upside down by the pandemic. Betty Yee - the second woman in California’s history to serve as the state’s elected controller and the daughter of Chinese immigrants – is now tasked with helping lead the state out of the crisis. Join the Financial Education and Research Foundation (FERF), in cooperation with Robert Half | Protiviti, for the Q2 sessions of a year-long series featuring live, in-depth Q&A discussions with government controllers on the ways they are leading the state and federal government out of the pandemic. Special Guest: Betty Yee.
In the episode of the Financial Executive Podcast we partnered with Accenture to bring you the top lessons learned from their most recent global CFO research “CFO Now: Breakthrough speed for breakout value (https://www.accenture.com/us-en/insights/consulting/cfo-research-overview)” survey with an interview with Annie Peabody, Managing Director of Accenture Strategy & Consulting, and co-author of the research. Special Guest: Annie Peabody.
One of the big challenges for companies, as well as investors, when it comes to ESG is wrangling the data points that are important to every stakeholder and a relevant to the issue of sustainability. In this episode of the podcast we speak with Rebeca Minguela, Founder and CEO of Clarity AI. Clarity AI uses big data and machine learning to tracks a broad universe of companies to measure sustainability metrics. In January BlackRock purchased a minority stake in the company and plans to integrate Clarity AI into its investment analytics platform. We discuss the importance of disclosures, the challenges to standardized ESG data and why there is no turning back when it comes to sustainability reporting. Thanks to the episode's sponsor, Deloitte (https://www2.deloitte.com/us/en/pages/audit/solutions/corporate-sustainability-reporting.html). Special Guest: Rebeca Minguela.
The Q1 sessions of FowardThinking talks with leaders on the ways in which organizations are charting a new course on how and where they work. Special Guests: Christopher Wright and Paul McDonald.
Sustainability reporting is something that both financial statement preparers and investors have been discussing for years, and it’s expected to become even more of a hot button issue in the US as a new administration focused on climate change takes charge of capital markets oversight. It’s fair to say that in Europe, the debate regarding ESG reporting practices is more evolved. There is already a movement to adopt a practice known as “extinction accounting” where companies report on the impact they have in biodiversity. Intertested in FEI membersip? Click here (https://www.financialexecutives.org/Become-a-Member.aspx). Special Guest: Jill Atkins.
Given all that internal controls encompass, it’s not surprising that they are labor and time intensive and that financial executives continually seek ways to make sure they work in the most efficient way.
Where Are We Now? The Story of ICFR at Large Public Companies as Told by Financial Executives (https://www.financialexecutives.org/Research/Publications/2021/Where-Are-We-Now-the-Story-of-ICFR-at-Large-Publi.aspx) Special Guests: Devin William, Jeffrey Pickerd, Jeff Wilks, and Mark Kissman.
In this episode of the Financial Executive Podcast we speak with Eric Goldman, Professor of Law at Santa Clara University and co-director of the High Tech Law Institute. Special Guest: Eric Goldman.
The current expected credit losses standard, or CECL, had been hotly debated in banking and accounting circles long before COVID-19 surfaced earlier this year. While the resulting market and economic disruptions caused by the pandemic delayed a full rollout of CECL, many financial institutions that had begun the hard work of incorporating the standard into their models are living through a real-life stress test of CECL’s approach to accounting for credit losses. In this episode of the Financial Executive Podcast we speak with Amnon Levy, managing director and head of Moody’s Analytics Portfolio and Balance Sheet Research group regarding what the current financial crisis reveals about financial credit models and the unintended consequences of CECL. Links: Incorporating Emerging Risks within Credit Models: Lessons from Sociological Reactions to COVID-19 (https://www.moodysanalytics.com/articles/2020/incorporating-emerging-risks-within-credit-models) Nonbank players are ready for CECL — are banks? (https://www.americanbanker.com/opinion/nonbank-players-are-ready-for-cecl-are-banks) Earnings Volatility, Share Price Performance, and Credit Portfolio Management Under CECL and IFRS 9 (https://www.moodysanalytics.com/articles/2019/earnings-volatility-share-price-performance) Special Guest: Amnon Levy.
The US government's Paycheck Protection Program was a lifeline for many public and private companies during the early dark days of the COVID-19 pandemic. But as financial executives begin a new year, and look to close their 2020 financials, several questions remain regarding the accounting and financial reporting of government assistance. In today’s podcast we speak with Sean Prince, a senior manager in Crowe’s Assurance Professional Practice, regarding how financial leaders can navigate both lingering and developing government assistance issues. The information in this podcast is not – and is not intended to be – audit, tax, accounting, advisory, risk, performance, consulting, business, financial, investment, legal, or other professional advice. The information is general in nature, based on existing authorities, and is subject to change. The information is not a substitute for professional advice or services, and you should consult a qualified professional adviser before taking any action based on the information. Crowe is not responsible for any loss incurred by any person who relies on the information discussed in this document. Special Guest: Sean Prince.
As part of our FEI Forward Thinking series, we're speaking with 4 different senior-level financial executives about navigating such challenging times. We discuss how remote work has helped Calvin gain the trust of his team and how we can turn this time of increased attention to racial injustice into a movement, not just a moment. Special Guest: Calvin Harris.
The Financial Education and Research Foundation (FERF), in cooperation with Robert Half | Protiviti, will hold live, in-depth Q&A discussions with four FEI members that have seen their industries and world upended overnight, and they’ll share how they plan to navigate the unclear road ahead. Special Guest: Dennis Dahlen.
The Financial Education and Research Foundation (FERF), in cooperation with Robert Half | Protiviti, will hold live, in-depth Q&A discussions with four FEI members that have seen their industries and world upended overnight, and they’ll share how they plan to navigate the unclear road ahead. Special Guest: Dan Crumb.
The Financial Education and Research Foundation (FERF), in cooperation with Robert Half | Protiviti, held live, in-depth Q&A discussions with four FEI members that have seen their industries and world upended overnight, and they’ll share how they plan to navigate the unclear road ahead. Special Guest: Teri Reinseth.
The COVID-19 public health crisis has forced businesses across all industries to rapidly adapt their thinking and adoption of new digital technologies and working models in order to sustain business processes. This rapid shift has introduced new security risks and challenges. Special Guest: Troy La Huis.
In this series we spoke with Teri Reinseth, Corporate Controller & CAO, 3M Company Calvin Harris Jr., SVP, Finance and CFO, National Urban League Dennis Dahlen, CFO, Mayo Clinic Daniel Crumb, CFO, Kansas City Chiefs Football Club In this episode of the Financial Executive Podcast we speak with Paul McDonald, senior executive director of Robert Half and Christopher Wright, managing director of Protiviti, in order to break down and understand some of the challenges these leaders discussed. Special Guests: Christopher Wright and Paul McDonald.
The Financial Executive Podcast speaks with John A. Grivetti III, partner with Crowe’s advisory services group about how senior-level financial executives can keep cash on the books even as little is coming through the door. The information in this podcast is not – and is not intended to be – audit, tax, accounting, advisory, risk, performance, consulting, business, financial, investment, legal, or other professional advice. The information is general in nature, based on existing authorities, and is subject to change. The information is not a substitute for professional advice or services, and you should consult a qualified professional adviser before taking any action based on the information. Crowe is not responsible for any loss incurred by any person who relies on the information discussed in this document. Special Guest: John A. Grivetti III.
There are a myriad of tax and financial reporting changes, in addition to liquidity options, for companies that are impacted by the COVID-19 pandemic. The chainges are complex, and will add to an already heavy burden for senior-level financial executives navigating the crisis. The Financial Executive podcast spoke with two professionals from Crowe LLP about those changes -- Matthew Schell, a partner in Crowe's assurance professonal practice and Howard Wagner, a partner with Crowe’s national tax office, to review some of the most developments and the issues that financial leaders need to consider during implementation. Disclaimer: The information in this podcast is not – and is not intended to be – audit, tax, accounting, advisory, risk, performance, consulting, business, financial, investment, legal, or other professional advice. The information is general in nature, based on existing authorities, and is subject to change. The information is not a substitute for professional advice or services, and you should consult a qualified professional adviser before taking any action based on the information. Crowe is not responsible for any loss incurred by any person who relies on the information discussed in this document. Special Guests: Howard Wagner and Matthew Schell.
There is a push for more holistic measures of value than what sits on a company's bottom line. These efforts -- combined with increased concerns stemming from corporate scandals, climate change and social justice movements -- have increased the demand for environmental, social, and governance (ESG) reporting. FEI Daily sat down with two professionals focused on ESG reporting, Jeffrey Hales, chair of the Sustainability Accounting Standards Board (SASB) and professor of accounting at the University of Texas at Austin, and Gregg Anderson, managing director at Crowe and a member of the American Institute of Certified Public Accountants' Sustainability Task Force. Special Guests: Gregg Anderson and Jeffrey Hales, PhD.
How and when audit fees rise and fall is something that has been of intense interest to senior-level financial executives and academics. In anticipation of the annual audit fee survey from the Financial Education and Research Foundation (FERF) and Workiva coming out this November, FERF's Dillon Papenfuss speaks with Professor W. Robert Knechel, Ph.D. -- the Frederick E. Fisher Eminent Scholar and Director of the International Accounting and Auditing Center at the University of Florida -- discuss the long and short-term drivers of audit fees. Special Guest: Robert Knechel.
Antonio Nieto-Rodriguez details the competencies required to transform and thrive in the new digital and project-driven economy. Special Guest: Antonio Nieto-Rodriguez.
Technologies and techniques such as robotics, machine learning, natural language processing, and blockchain present a defining opportunity for the finance function. However, companies that have not adequately invested in data will find their digital transformation efforts frustrated. The Financial Education & Research Foundation is working on a report with EY to help senior-level financial executives better understand data strategy and quality needed for their digital transformation. As part of that effort we speak with Professor Dave Waterman, an adjunct lecturer at Georgetown University and a data scientist at U.Group. Special Guest: Professor Dave Waterman.
In this episode of the Financial Executive Podcast, Dillon Papenfuss, Research Analyst for the Financial Education & Research Foundation (FERF), spoke with Brigham Young University (BYU) School of Accountancy Associate Teaching Professor Troy Lewis about the Tax Cuts and Jobs Act (TCJA) winners and losers and how executives can prepare for future uncertainties and surprises. Professor Lewis is the past chair of the tax executive committee of the American Institute of CPAs in Washington DC. In this role, he has testified six times before the United States Senate Finance Committee and the House Committee on Small Business. Special Guest: Troy Lewis.
FEI’s Committee on Corporate Reporting (CCR) recently release two ICFR: Insights, Issues, and Practices documents that address internal control considerations for preparers’ adoption of both the new leases standard and the new current expected credit loss (CECL) standard. FEI’s Managing Editor of FEI Daily Olivia Berkman spoke with Laura Phillips, Google - Director, Finance Compliance; CCR ICFR Working Group Leader, Matt Janzaruk, Procter & Gamble - Director, Finance & Accounting; CCR ICFR Leases Pilot Team Leader, and Craig Schmidt, Wells Fargo - Governance and Oversight Leader; CCR ICFR CECL Pilot Team Leader about what preparers can learn from these documents and their biggest takeaways from the experience. Special Guests: Craig Schmidt, Laura Phillips, and Matt Janzaruk.
Rapid advances in technology are quickly disrupting the auditing, accounting and financial reporting industry at a pace not seen in decades. As soon as one leap forward is adopted, such as cloud technology, another waits in the wings, such as blockchain. The Financial Executives Research and Education Foundation is working on a report looking to help senior-level financial executives better understand how to consider and prioritize changes in financial technology. As part of that effort we speak with Dr. Ryan Teeter, clinical assistant professor of accounting information systems at the University of Pittsburgh regarding his work on the area of technology changes in the financial reporting industry. Special Guest: Ryan Teeter, Ph.D..
FEI Daily Managing Editor Olivia Berkman speaks with Samuel Dergel, a search consultant assisting companies with their C-suite and executive talent needs across the United States and Canada Dergel will discuss trends he sees as companies search for CFOs, controllers, and CAOs in addition to how members looking to transition into board seats can best position their resumes. Special Guest: Samuel Dergel .
This summer the U.S. Securities and Exchange Commission adopted a new rule that requires the use of “Inline XBRL” in the financial reporting process. Inline XBRL allows the user to embed data directly into a filing so that it is both human-readable and machine-readable. In this episode of the Financial Executive Podcast we will speak with SEC and XBRL industry professionals regarding the impact of the new requirement, the benefits and challenges of implementation and how preparers can get ready for the transition. Special Guests: Emily Huang, Mike Starr, and Mike Willis.
Increasing tariffs and the threat of a global trade war is something that all senior-level financial executives need to consider when planning for their organization’s financial future. But how can you do that when policies seem to change daily. We speak with Philip Sutter -- Director of U.S. Regulatory Affairs of global trade broker Livingston International – regarding his advice to clients when it comes to the global disruption in tariffs and trade. Special Guest: Philip Sutter.
How and where to leverage those technologies – and the knock on effect it has on finance staff and productivity – is the subject of a white paper that the Financial Executives Research Foundation is currently working towards publishing. In this episode of the Financial Executive Podcast, FEI Daily Managing Editor Olivia Berkman speaks with Dave Sackett, Senior Director of Finance & Administration at ULVAC Technologies and member of Financial Executive International’s Committee on Finance and Information Technology about his use if RPA and where he thinks it’s taking his company and the industry. Special Guest: Dave Sackett .
FEI Daily Managing Editor Oliva Berkman and Rober Half's Paul McDonald discuss how the latest survey of 1,700 financial executives reveals how digital transformation emergedas a critical business focus. Sponsored by https://uploads.fireside.fm/images/b/b796249a-0dc4-4dce-b495-3d9b215a5eff/w3RU76vF.jpg Special Guest: Paul McDonald.
The war for talent isn't cooling down anytime soon, especially when it comes to the financial suite. Companies are finding unique ways of attracting job seekers and seeking candidates with a particular set of technical and soft skills who will also fit in with the company culture. Carrie Wentling, FEI's Director of Member Services, helps FEI members in staffing permanent employees and in their transitions between roles. We spoke with Carrie about what we can expect in the battle for financial talent in the new year. Special Guest: Carrie Wentling.
Financial Executives International Managing Editor Olivia Berkman discusses cyber resilience with Paul Nicholas, Senior Director, Global Security Strategy and Diplomacy at Microsoft. Special Guest: Paul Nicholas.
Companies are struggling to attract experienced hires from public accounting firms. This is particularly concerning as companies adjust to all of the accounting-rule changes in the U.S. In this podcast, we speak with Ajit Kambil, Global Research Director of the Deloitte CFO Program, and Charles Holley, Retired CFO of Walmart and CFO-in-Residence of the Deloitte CFO Program on hiring strategies, the effects of automation, and developing accounting talent. Special Guests: Ajit Kambil and Charles Holley.
Hurricane Harvey, which struck Texas and parts of Louisiana last week, has dumped nearly 19 trillion gallons of water and damaged or destroyed over 100,000 homes. The storm has impacted people from all walks of life, including several members of Financial Executives International’s Houston Chapter. We spoke with Josh Tabin, a member of FEI Houston and Chair of its Young Leaders program to discuss the personal toll the storm has taken and how he will use his skills as a financial executive to rebuild for the future. Special Guest: Josh Tabin.
The Jumpstart Our Business Startups Act (JOBS Act) was signed into law five years ago this week with hope that removing burdensome disclosure requirements and encouraging the use of crowdfunding tools would spur new business startups to eventually grow into large public companies. The Financial Executive Research Foundation, in partnership with Donnelly Financial Solutions, is preparing to publish a white paper this month on the JOBS Act, whether is has changed the IPO market and how the law could change in the next five years. In this second podcast on the subject, we speak with Professor Reena Aggarwal, Director of Georgetown University’s Center for Financial Markets and Policy. Dr. Aggarwal, specializes in capital raising, initial public offering and corporate governance, discusses what lessons financial executives should learn regarding the first five years of the JOBS Act. Special Guest: Dr. Reena Aggarwal.
Uncertainty is not the friend of the financial executive, especially when it comes to long-term capital planning. What taxes will you pay, what businesses will be in demand and what regulations you will face are all subject to similar uncertainty as policies and programs are hammered out in Washington? In this episode of the Financial Executives Podcast we talk with Robert Fry, Chief Economist of Robert Fry Economics LLC. Mr Fry, who recently retired as Senior Economist at DuPont and currently teaches economics at the University of Delaware, will discuss what financial executives how financial executives can deal with the uncertainty dominant the current economic climate. Special Guest: Robert Fry.
The Jumpstart Our Business Startups Act, or JOBS Act, will be celebrating its fifth anniversary in April. When it was passed in 2012, the hopes were that streamlining the financial disclosure process and opening crowd funding platforms for capital raising would encourage more companies to go public. The Financial Executives Research Foundation, in partnership with Donnelly Financial Solutions, is working on a research project focusing on the Jobs Act and the impact on Emerging Growth Companies born out of the legislation. In this issue of the podcast, we speak with Joseph Hall, a partner at the law firm of Davis Polk. Mr. Hall is head of the firm’s corporate governance practice and is a former Managing Executive for Policy at the U.S Securities and Exchange Commission. Today, he often advises companies on the disclosure relief embedded in the Jobs Act. Special Guest: Joseph Hall.
A discussion with Joe Howell, Executive Vice President of Strategic Initiatives at Workiva about how CFOs and other financial executives can take control of audit fees.
FASB's James L. Kroeker speaks with FEI's Erik Bradbury regarding financial reporting simplification initiatives going on with the accounting standard setter.
A discussion with Mark MacLeod of SuperPath Advisors on his career as a startup financial executive.
How should CFOs and other financial executives think and plan for private healthcare exchanges? ADP's Will Giaconia explains.