EY Finance Leaders Forum 2024

Learn how CFOs can pursue a bold transformation agenda to unlock greater value and performance. 

Modern CFOs face the challenge of having to balance their organization's strategic and operational needs through digital transformation while ensuring robust governance. The EY Finance Leaders Forum (FLF) 2024 will focus on how CFOs can pursue a bold transformation agenda to unlock greater value and performance. Learn about leading practices around transformation in technology, governance and people to build a future-fit finance function

Event highlights:

1. Voice of the CFO: Prioritizing your finance transformation

The CFO role is evolving into one of the most dynamic positions in the C-suite, as CFOs are increasingly expected to forge consensus, promote innovation and groom future finance leaders to drive organizational value. We will discuss the highlights of the 2023 EY Global DNA of the CFO Survey, which explores the priorities for finance transformation over the next few years, and share insights on how to strategically navigate the finance transformation journey.

Speaker: Ronald Wong, EY Asean & Singapore Financial Accounting Advisory Services Leader

2a. Technology - GenAI for the CFO

The exponential rise of GenAI underscores the importance for its adaptation and innovation in finance practices. Hear about the benefits and challenges that GenAI presents for finance leaders and find out how GenAI can enhance finance functions and accelerate processes like analyses, reconciliations, narrative reports and customer or vendor inquiries. We will discuss how finance leaders can make the most of GenAI, taking into account organizational structure, technological readiness, talent and culture.

Speaker: Marie-Claude Ferland, Associate Partner, Business Consulting, Ernst & Young Advisory Pte. Ltd.

2b. Technology: Optimizing data for competitive advantage

Finance leaders are facing greater data demands from various stakeholders who are seeking insights beyond compliance-focused information. We discuss how the finance function can become a strategic business partner by optimizing finance processes and data, and leveraging integrated data platforms for access to a single source of truth of valuable data.

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

3. Governance and reporting: From ESG and accounting updates to BEPS 2.0

Sustainable supply chain management (Scope 3):

Heightened stakeholder expectations have compelled finance leaders to be more transparent in tracking and reporting the impact of their supply chain emissions. Learn about how you can accelerate the transition to sustainable supply chain practices to protect and enhance growth, profitability and reputation.

Speaker: Praveen Tekchandani, Singapore Climate Change & Sustainability Services Leader, Ernst & Young LLP 

Accounting updates:

We will outline the following key amendments to the IFRS Accounting Standards:

• IAS 1: Classification of Liabilities as Current or Non-current
• IAS 7 & IFRS 7: Disclosures: Supplier Finance Arrangements

Speaker: Ong Suat Ling, Associate Partner, Assurance, Ernst & Young LLP

BEPS 2.0:

We will examine the key challenges with respect to BEPS 2.0 for annual tax reporting and how you can address them. Areas of coverage are:

• Key issues and challenges regarding Pillar 2 (15% minimum ETR and complexity of new rules)
• Considerations on Pillar 2 for the C-suite

Speaker: Chai Wai Fook, EY Asean Government & Public Sector Tax Leader and Partner, Tax Services, Ernst & Young Solutions LLP

4. People: Elevating your talent agenda

A conservative and risk-averse culture in finance teams could be hindering the pace of change, with 72% of finance leaders saying that “traditional back-office behaviors and mindsets in finance are slowing the modernization of the function”, according to EY research. We discuss the imperative for CFOs to prioritize talent alongside their digital and data agendas, and highlight key areas in talent management and the adoption of good career health practices to support successful finance transformation.

Speaker: Soumee De, Partner, People Consulting, Financial Services, Ernst & Young Advisory Pte Ltd

5. Panel discussion: A non-finance perspective on finance transformation

Successful finance transformation requires the collective efforts of and collaboration across the various functions of the organization. Hear the unique perspectives from a panel of non-finance leaders on how a cross-functional, unified approach can help pave the way to a smooth transformation.

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

Event fees:

Clients and EY Alumni: $250
Public: $300

An invoice will be sent upon successful registration.

Please register your interest if you wish to join this event.

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