Model governance is a set of activities, policies and procedures which formalize model and model risk management activities for implementation.
The Federal Reserve, the FDIC and OCC issued a joint statement urging banks to cease entering into new contracts that use U.S. dollar Libor as a reference rate.
U.S. businesses finally appear ready to shed paper checks and embrace digital payments for business-to-business (B2B) transactions, according to the 2020 AFP Survey, sponsored by Truist.
The 2020 AFP Asia-Pacific Treasury Management Handbook, sponsored by Kyriba, explores the ways in which treasury interacts with a range of third-party organizations, within a regulatory framework set by a number of legislators and regulators.
Every year, FP&A goes through the exercise of preparing a plan for the upcoming year. And then it all changes. What is a planning function to do in the wake of this? Be ready for everything.
Kwaku Agyemang-Duah, Senior Manager of FP&A at AirtelTigo Ghana, tells the story of his transition from engineering to FP&A.
In order to maintain business continuity in the remote working environment, treasury departments have been forced to rapidly move towards digitalization.
To bolster its expansion into the Asia-Pacific (APAC) region and support the financial planning and analysis (FP&A) profession around the world, AFP has formed the APAC FP&A Advisory Council (FPAAC).
At the AFP 2020 FP&A Happy Hour, sponsored by CCH Tagetik, Planful and Vena, the conversation quickly turned how finance has changed in a remote working environment.
AFP and Beacon FinTrain have joined forces to offer special training courses for treasury and finance professionals throughout the Middle East.
At AFP 2020, keynote speaker Daniel Pink, New York Times bestselling author, provided attendees with a look at the importance of timing in their professional and personal lives.
AFP 2020 FP&A keynote speaker Amy Vetter outlined how to prepare ourselves and our department to deliver finance expertise that is insightful, timely and well presented.
In an AFP 2020 presentation, FP&A professionals discussed how they improved technology to accelerate cycle times for planning, reporting and analytical processes.
During the AFP 2020 Payments Roundtable on Fraud and Control, sponsored by Kyriba, treasurers discussed the threat of business email compromise (BEC) scams and what organizations can do about them.
In the AFP 2020 MindShift Keynote presentation, sponsored by Capital One, quantitative futurist and best-selling author Amy Webb equipped attendees with the tools they need to think like futurists.
Dräger has emerged as the winner of the AFP 2020 Pinnacle Grand Prize for excellence in treasury and finance. The Pinnacle Grand Prize, sponsored by MUFG, was presented today during the AFP 2020 Virtual Experience.
Like many financial professionals, Danny K. Shiu wasn’t looking for a career in FP&A. But once he found it, it turned out to be his true passion. That ultimately led him to seek out the AFP's Certified Corporate FP&A Professional credential.
As the COVID-19 pandemic has unfolded, bank relationships have proven to be critical for treasury departments.
Just what is a financial model? Are Excel workbooks considered to be models? Or are models confined only to large, complex data driven statistical models?
AFP and Tranvorma have announced a formal partnership to offer exam preparation programs for treasury and finance professionals based in Jakarta, Indonesia.
AFP’s Asia-Pacific Treasury Management Handbook, sponsored by Kyriba, explores the structures of regional treasury centers.
Even if you were not the best at negotiating your salary when you first landed the job, it is never too late to ask for what you want.
Alphabet, Google’s parent company, Drager, and Peloton are finalists for the Association for Financial Professionals’ 2020 Pinnacle Award, sponsored by MUFG,
You’re giving a presentation and you want to make it really count. How do you go about making it really impactful?
AFP members have alerted us that they are receiving emails from a company offering a list of email addresses of AFP 2020 attendees. AFP never has, or will, sell your email address or phone number to anyone under any circumstances.
The COVID-19 crisis has underscored the importance of treasury’s role in the organization, according to the 2020 AFP Strategic Role of Treasury Survey, supported by Marsh & McLennan.
The corporate finance function is beholden to the quality of our financial modeling and analysis. Yet, a problem lies hidden in here.
FP&A operates in an environment where data is often accessible and unstable. Therefore, we need the skills, tools and methods to handle multiple points of view simultaneously.
Historically, bank relationships have been driven by credit. However, in the COVID-19 environment, much about those relationships has changed.
Corporate treasury and finance professionals are apprehensive about a credit sensitive rate/spread that could be added to SOFR for certain loans.
Wilson Wong, FP&A, FP&A Analyst for TechSource Systems, handles variance analysis, sales performance reporting, efficiency analysis and host of other tasks. Starting out in accounting but also possessing a background in IT, Wong saw an opportunity to move to the FP&A field.
The AFP Asia-Pacific Treasury Management Handbook, sponsored by Kyriba, provides insights on the risks that technology poses for treasury departments.
To begin the discussion of project management essentials, we must first define some project management terms.
Ransomware attacks have been increasing rapidly as cybercriminals have capitalized on the panic and disarray caused by the COVID-19 crisis.
With COVID-19 relief payments expediting the need for faster transactions, the Federal Reserve Bank of Chicago has revealed new details on the FedNow Service.
Not only do financial professionals need a new outlook when planning out their careers, but managers should also be doing their part to help them to develop.
Business is a team sport. Companies require employees to be aligned with the company goals and customer success. Typically, employees work in teams to maximize their skills and performance. But what makes a successful team?
Redundancy. Being laid off or let go. Being terminated. These are not words anyone wants to hear; however, it is a potential reality we should prepare for. This article will be invaluable to the subsequent conversations and job interviews that await you.