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The Financial Accounting Standards Board is gearing up to issue new accounting requirements for how banks must report their statements of cash flow. The proposed changes would make banks disclose cash interest received on statements as they already do for cash interest paid. The rule setter said it is first prioritizing new standards for financial institutions before considering an expansion of the rules beyond banks.
Digital transformation initiatives are critical for companies to remain competitive, but the talent and skillsets required for these initiatives can be challenging to find in today's tight labor market. Bulldog Reporter from Agility PR Solutions explores this trend and highlights our latest research into how companies are turning to a more dynamic workforce model to effectively staff their transformation projects.
Optimizing for Operational Excellence: How to Rethink Your Finance Operating Model Today's business climate is forcing Finance & Accounting executives to rethink their operating models, processes, and enabling technologies. Synchronizing all three is critical to drive insights and efficiencies that CxOs, business unit leaders, and shareholders have come to expect. Companies of all sizes are currently grappling with how to adapt to both internal and external pressures. Join RGP and BlackLine leaders in this video recap to hear first-hand insights on how firms are adopting leading practices in Finance & Accounting, to create competitive advantage and drive operational excellence.
61% of Finance Execs Not Using AI Yet: Weekly Stat New research indicates that nearly two-thirds of finance leaders are not yet using AI. While one-third of executives surveyed said AI implementation is in planning stages, Gartner reports that departments such as HR, legal and IT are twice as likely to be currently using AI. Read more in CFO.
How to Equip Life Sciences Project Teams for Successful Execution RGP research reveals that project execution in life sciences has never been more challenging. Only 13% of survey respondents had met or achieved their goals since 2020. And 30% said that most of their projects have underperformed. Discover the tools and strategies needed to be successful in our latest Insights article.
Strategies for Five Generational Workforces & AI for Hiring and Retention Join the RGP Healthcare team for a webinar covering "Five Generational Workforces & AI for Hiring and Retention." Presenters Joni Noel SVP, Healthcare & Private Equity at RGP and Mike Rosenbaum Chair and CEO at Arena Analytics, will share best practices and knowledge about hiring and retention with multi-generational workforces. Though generalizations are possible, it's crucial to acknowledge that each generation consists of a wide range of viewpoints, personality traits and values. The key challenge is to effectively pinpoint individuals within each group who align with your organization's goals and can play an active role in enhancing your operational performance and broader strategic objectives. Survey data reveals that 54% of Americans are willing to explore new career paths. This shift is similarly evident in the healthcare industry, offering healthcare employers a chance to alleviate the strain on their workforce. Thursday, December 7, 2023 12 PM PT | 3 PM ET Register today!
Thursday was Thanksgiving in the US, and we are so grateful for our families, our amazing staff, consultants and clients, and for the chance to help make a difference every day.
Expert Panel: The Future of Lease Accounting in 2024 (webinar) As we head into the new year, it’s time to consider best practices for achieving long-term lease accounting compliance, streamlining your audit, consolidating systems and optimizing the entire lease lifecycle. Join RGP and Lease Accelerator for a panel of lease accounting experts as they look back on lessons learned in 2023 and outline what they expect lease administration and lease accounting to look like in 2024. 1 CPE available. Expert Panel: The Future of Lease Accounting in 2024 Thursday, 7 December 2023 2:00pm ET, 12:00pm PT 1 CPE Attend this webinar to: ➡️ Review the top lease accounting best practices from 2023 ➡️ Learn the value of integrations such as real estate lease administration ➡️ See what’s on the horizon, including emissions reporting ➡️ Review the value of optimizing the lease lifecycle ➡️ Start of 2024 with long-term success
How a Dynamic Workforce Can Help Overcome an Internal Skills Gap Amid a whirlwind of transformation, 42% of leaders in a recent RGP survey indicated they did not have enough internal talent to staff key initiatives. What did the skills shortage cost them? ➡️ 60% delayed the start of transformation initiatives ➡️ 53% pushed out completion dates ➡️ 41% missed critical goals ➡️ 37% found it more difficult to make important operational changes See how the most successful companies in our study are addressing their internal skills gap by creating a Dynamic Workforce with an almost 50-50 split of employees and outside talent.
The Now of Work: Transformation Drives Need for Dynamic Workforce While job growth slowed in October, our research indicates that organizations are continuing to deal with a widening skills gap as they take on more transformation initiatives. Check out our CEO Kate Duchene's take on this trend in Bloomberg and Yahoo Finance and find the full whitepaper in the latest edition of our Now of Work newsletter.
