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CONTENTS | Jan-Mar 2019 CONTENTS


04 Big Four FDs held personally responsible for accounting errors


Bosses must personally confirm the integrity of their companies’ accounts


05 Brydon leads government audit review


LSE Chair to head government-commissioned probe into the future of the audit market amid a comprehensive overhaul


06 Cook the Books


More than a third of accountants know of a staff member deliberately going along with misleading accounts


08 How FDs can help increase profits for retailers FDs have a key role when it comes to secondary revenue


12 Process Mining Business Heroes Alexander Rinke, co-founder and co-CEO, Celonis


14 COVER STORY: Expenses Claims Bonfire!


SAP Concur tells us how the expenses platform will liberate finance directors


18 Defined Benefit Pension Schemes


How to avoid greater risks and unattractive investment positions


20 INSIDE STORY: Are Friends Electric?


Will Artificial Intelligence accounting functions put finance directors out of a job?


26 10 questions every CFO should know the answers to...


Reimagine your finance team with digital transformation 28 Recruitment Special


We look at what skills makes the perfect finance director as roles change


34 Final Thoughts


Discovering your company’s financial data up for sale on the dark web is the stuff of nightmares


28 20 04 14


ACCOUNTING SPECIAL


BIG FOUR


JAN-MAR 2019 | £4.95


Inside DEFINED BENEFIT


PENSIONS SCHEMES How to avoid greater risks and unattractive investment positions


10 QUESTIONS EVERY CFO SHOULD KNOW


THE ANSWERS TO Reimagine your finance team with digital transformation


BRICKS & MORTAR Q&A with Rowan Walker, FD at McCarthy & Stone


PLUS ARE FRIENDS


ELECTRIC? Will AI accounting functions put finance directors out of a job?


SAP Concur’s MD tells us how the expenses platform will liberate finance directors and become the small business champion


EXPENSES BONFIRE!


FUTURE PERFECT RECRUITING YOUR NEXT FINANCE DIRECTOR


Whilst every care has been taken in compiling this publication, and the statements contained herein are believed to be correct, the publishers and the promoters will not accept responsibility for any inaccuracies. Reproduction of any part of this publication without permission is strictly forbidden. © Publications UK Limited 2019. The publishers make no recommendation in respect of any of the advertisers, and no recommendation may be implied by way of the presence of their advertisements.


Designed & Published by Publications UK Limited Managing Director: Stewart Lee Head of Design & Production: Andy Clow Editor & Art Editor: Dan Angel Production: Angela Brown – production@publicationsuk.co.uk Advertising: sales@publicationsuk.co.uk Enquiries: +44 (0) 20 8238 5000


DOFONLINE.COM DIRECTOR OF FINANCE 3


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