Month: February 2020

Accounting Background No Longer Needed For CFO Jobs

Having an accounting background is no longer a must for a company’s chief financial officer (CFO), according to a report by The Wall Street Journal. For example, when directors of Hannon Armstrong Sustainable Infrastructure Capital were looking for someone to fill the role, they were more worried about hiring someone who had experience with raising debt …

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Cost Accounting Standards Board still working on conforming with GAAP

The Cost Accounting Standards Board, a group set up by Congress in 1970 to make sure federal contractors charge their costs appropriately, is finally making some progress in aligning its 19 cost accounting standards with U.S. GAAP after Congress mandated in 2017 that it do so where practicable, reports Accounting Today. A new report from the Government …

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BOARD INDEPENDENCE: IS YOUR BOARD SKATING CLOSE TO THE EDGE?

South African boards should be looking carefully at King IV’s guidance on board composition and director independence rather than simply trying to impose a one-size-fits-all rule, says Richard Foster CD(SA), a governance advisor, professional non-executive director and Institute of Directors in Southern Africa (IoDSA) facilitator. An overemphasis on independence can actually rob boards of institutional …

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BlackRock CEO declares ‘fundamental reshaping of finance’

Climate change is the foundation of what may be a fundamental reshaping of finance, BlackRock Chairman and CEO Larry Fink wrote in an open letter to CEOs released Tuesday that announced the asset manager’s plans to place sustainability at the center of its investment approach, reports the Journal of Accountancy. BlackRock, which has close to $7 trillion …

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43: Irene Mathatho

Chief Financial Officer – The Companies Tribunal Engaged as the first CFO of The Companies Tribunal, Irene Mathatho has ensured that the state-run entity has achieved clean audits for the past three years.   Obtain a Certified Financial Officer CFO (SA) designation This really is the Formula 1 of accounting designations. The CFO designation is internationally …

43: Irene Mathatho Read More »

42: Nonhlanhla Mona

Chief Financial Officer –  ETDP SETA With 11 000 bursaries issued each year, CFO of the Education, Training and Development Practices SETA, Nonhlanhla Mona, is at the forefront of closing the critical skills gap in SA.   Obtain a Certified Financial Officer CFO (SA) designation This really is the Formula 1 of accounting designations. The CFO …

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41: Jodi Joseph

Divisional Executive – CaseWare Africa From banking to working at the cutting edge of data analytics, Jodi Joseph, is a CA who has proven that versatility leads to a dynamic career.   Obtain a Certified Financial Officer CFO (SA) designation This really is the Formula 1 of accounting designations. The CFO designation is internationally recognised and …

41: Jodi Joseph Read More »

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