Finance professionals were already gearing up for change, but the COVID-19 pandemic has shortened timelines and piled on the pressure.

981214.jpg The html tag to copy into your work:

Jacek, Sylvia and Rob dive into the listener-voted topic of global accounting and tax trends with guest Pavlo Boyko, accounting and tax global solution architect at TMF Group.

Learn how COVID-19 has impacted the accounting environment and broader business landscape, and what additional tasks are piling up on the CFO's desk.

The team also discuss the key trends and findings of the 2020 Global Business Complexity Index.

Short on time? Skip ahead:

00:01 Intro

07:19 How COVID-19 is affecting CFOs and the finance function

14:14 Moving to a centralised finance and accounting model – pros and cons to consider

18:47 Global Business Complexity Index 2020 – what this year's findings mean for financial compliance

25:18 Modernisation versus tradition – what old accounting practices should we let go?

28:15 Technology versus simplification – recent advancements and what's next

32:33 How the role of the accountant is starting to merge with that of an IT professional and others

34:53 What these global accounting and tax trends mean for cross-border businesses

Originally published by TMF, August 2020

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.