Finance Leaders Forum

Learn how finance leaders can accelerate the delivery of enhanced corporate reporting.

The EY Finance Leaders Forum returns this year in person to discuss how finance leaders can reframe the quality and scope of corporate reporting to drive an enhanced corporate reporting regime in a rapidly evolving landscape.

As finance leaders, you would have witnessed how the pace of change in corporate reporting has been accelerating. In particular, a growing emphasis on nonfinancial reporting and the need to better communicate an organization’s environmental, social and governance (ESG) performance is putting significant pressure on the finance leaders responsible for its preparation. The approach to communicating ESG performance must evolve faster and importantly, earn the trust of stakeholders.

How will you meet the growing expectations from stakeholders for credible ESG disclosures on the material issues, so as to help them understand how the company creates long-term value and sustainable growth?

Event highlights

Reinventing finance and reporting

1. Accelerating the delivery of enhanced corporate reporting

The world of work was already swiftly evolving before the COVID-19 pandemic, transformed by cloud computing, automation and other technologies. The pandemic’s acceleration of virtual working has led to radical changes in approaches and attitudes to work, as leaders look to build an agile, people-focused operating model, and cloud-based platforms and solutions become increasingly important, with organizations fast-tracking existing cloud migration plans. Hear about how rethinking finance’s approach to talent, C-suite collaboration and advanced data analytics will become central themes to building an enhanced reporting future. We will be sharing highlights from the 2021 EY Global Corporate Reporting Survey, which examines the perspectives of more than 1,000 CFOs, financial controllers and other senior finance leaders. 

Speaker: Adele Liew, Partner, Financial Accounting Advisory Services, Ernst & Young LLPC

2. Corporate reporting: Financial and nonfinancial

In a world where performance is measured across broader dimensions, finance leaders should rethink the role that corporate reporting plays in enhancing enterprise value. This means meeting increasing demands for financial disclosures and nonfinancial information.

At the same time, the base erosion and profit shifting (BEPS) project of the OECD has rapidly moved to the implementation phase, fundamentally changing the landscape. This new environment requires businesses to re-evaluate their operational and financing structures, identify communications strategies and assess their tax strategy, all with the aim of developing a sustainable tax framework.

This session shares insights on the latest key accounting and tax considerations. 

Speakers:

Ong Suat Ling, Associate Partner, Professional Practice, Assurance, Ernst & Young LLP

Chester Wee, EY Asean International Tax and Transaction Services Leader

3. Understanding megatrends and leveraging cost allocation strategies to drive long-term value

As society shifts in completely new ways, opportunities will emerge to reframe the future. The EY Megatrends framework exposes business leaders to trends and forces far beyond their usual scope of analysis, reducing the risk of missing out on, or being sidelined by, the “next big thing”. We will discuss key megatrends and the growing pressures faced by organizations, and help finance leaders understand how these megatrends will impact costs and how they can enable effective financial management of company resources to support strategic decision-making.

Business leaders also need visibility into the cost of the products and services they provide to understand the profitability of not just the group, but at the business unit level so as to set the right strategies to drive long-term value. To effectively obtain these insights, many implement a cost allocation methodology to make business units more accountable for the activities they perform and assign the costs associated with these activities to the business units or cost centers based on their appropriate share of the cost. We will explore current trends on how finance teams can relook their cost allocation methodologies and how leading practices have adopted new methodologies. 

Speakers:

Ronald Wong, Singapore Financial Accounting Advisory Services Leader and Partner, Ernst & Young LLP

Yan Ling Tay, Senior Manager, Financial Accounting Advisory Services, Ernst & Young LLP

4. Panel: Defining the role of finance in ESG reporting

At this panel discussion, EY speakers and guest speakers will share how finance leaders can play a central role in building trust and transparency into ESG performance and resolve the ESG reporting gap with the organization’s stakeholders. 

Moderator: Adele Liew, Partner, Financial Accounting Advisory Services, Ernst & Young LLPC

Panelists: EY speakers and finance leaders guest speakers

Event fees
Clients and EY alumni: S$200
Public: S$250

This event is now over. Please  contact the organizer to receive invites for future events.