Live webinar In this webinar, the speaker will address the pressing challenges faced by enterprises in managing their finances within today's rapidly changing market landscape. As businesses grapple with evolving economic dynamics, financial management demands adaptability and improvement. One focus of this webinar is the application of the “Events” approach to basic accounting theory. This theory proposed by George H. Sorter is a perspective that looks at financial transactions through specific business events, offering a more comprehensive understanding of accounting. It goes beyond traditional accounting, considering the cause-and-effect relationships between events and financial activities, leading to better decision-making and financial analysis. This approach empowers businesses of all sizes to tailor financial systems to their specific business characteristics, fostering an inclusive approach to business-finance integration. The speaker will also introduce the latest trends of enterprise financial management and factors to consider when choosing an accounting system. The system should seek to strike a balance between the flexibility of business systems and the standardization of financial accounting. She will also delve into the practical applications and advantages of innovative accounting systems, and discuss strategies for navigating financial challenges and propelling businesses toward success in a dynamic market environment.
|