Achromic Point

Description

A Chief Financial Officer (CFO) is a key member of the executive team and is responsible for a company’s financial operations. The CFO’s role is increasingly more forward-looking and expanding to incorporate strategy and business partnership. They are actively participating in strategic decision-making by leveraging their financial expertise and are also concerned with nonfinancial responsibilities, including those related to technology.

Thus, Achromic Point is organising the CFO Conclave 2024 -CFOs role in Current Global Business Scenario on 22nd February 2024 in Mumbai where you will learn about Adapting to the Era of Automation, Latest Tax Developments and Best Practices, The Battle between Cost Saving and Cost- Avoidance, Fighting Fraud, CFO and Cyber and much more.

Who should attend

• Finance & Account Heads
• Chief Audit Executives
• Internal & External Auditors
• CFOs
• Cyber Experts
• Internal Directors/Managers/ Supervisors
• Risk Managers

Agenda:

09.00 AM – 09.30 AM
Registration and Tea/Coffee

09.30 AM – 09.40 AM
Welcome Address by Achromic Point

 09.40 AM – 10.15 AM
Session 1: Keynote Address

“Building Resilience through Preparedness and Financial Stability”

10.15 AM – 11.15 AM
Session 2: (Panel Discussion)

Adapting to the Era of Automation: Expert Insights on Leveraging Digital Financial Activities for CFO Success

• This panel will share expert insights on leveraging digital financial activities to succeed in the era of automation.

• • Understanding the risk and limitations of AI and ML
  • Evaluating opportunities with ChatGPT and similar technologies while mitigating risks posed by unrestricted use
  • Determining the value proposition of all digital financial activities
  • Developing critical areas and skills to get CFOs domain ready for, and using, digital technologies

11.15 AM – 11.45 AM
Tea/Coffee Break

11.45 AM – 12.30 PM

Session 3:

Latest Tax Developments and Best Practices

• Enhancing your Value Proposition as a CFO by Staying Informed about the Latest Tax Developments and Best Practices
• Understanding tax-related challenges facing your organization to make more strategic business decisions
• Reviewing how tax impacts decision making and board room decisions
• Recent updates and emerging trends in corporate taxation

12.30 PM – 01.15 PM

Session 4:

The Battle between Cost Saving and Cost- Avoidance

• Understanding the difference between cost-saving and cost-avoidance and how they impact the financial health of an organization
• Implementing effective cost-saving strategies without sacrificing quality or productivity
• Developing a culture of cost-awareness and accountability throughout the organization, with emphasis on the role of CFOs in leading by example
• Leveraging technology and data analytics to identify cost-saving opportunities and measure the impact of cost-saving initiatives
• Monitoring cash flow and financial statements in real-time to gain insights into the current state of the company’s finances

01.15 PM – 02.15 PM

Networking Lunch

02.15 PM – 03.15 PM

Session 5: (Panel Discussion)

Fighting Fraud

• Incorporating Recommended Processes for Preventing Fraud, Bribery, Corruption and Misreporting

• • Implement internal controls to safeguard your company’s assets and ensure the integrity of its accounting records
  • Benchmark your anti-fraud efforts against similar organizations and against the most effective methods for reducing fraud losses.
  • Customizing comprehensive strategy with effective systems, controls, and risk management in your organization which adequately comply to regulatory requirements

03.15 PM – 04.00 PM

Session 6:

CFO and Cyber       

• Navigating the Complexities of Cybersecurity

• • Implementing robust cybersecurity policies and procedures to safeguard sensitive financial information and prevent data breaches
  • Conducting regular risk assessments and vulnerability testing to identify potential security weaknesses and address them promptly
  • Collaborating with IT and security teams to develop and implement incident response plans that enable quick and effective responses to cyber threats and breaches
  • Staying up to date with the latest cybersecurity trends and technologies to ensure that financial systems and data are protected against new and evolving threats

04.00 PM
Closing Remarks

Thought Leaders: