CFO Insights and Analysis from Deloitte

Letter From China: Local Focus Reshapes Strategy Encouraged by improving relations with Chinese authorities, many multinational corporations (MNCs) operating in China are reevaluating their ‘In China, for China’ strategies, putting in place new structures for local Chinese-based operations, including separations from global corporate headquarters. MNC CFOs can take steps to capitalize on growth opportunities and mitigate new risks associated with these evolving strategies.

As Climate Threats Rise, Businesses Shift into Action The ongoing COVID-19 pandemic is spurring many leaders in business and government to accelerate their efforts to address the risks and impacts of climate change. As world leaders convene for the United Nations General Assembly and Climate Week, two Deloitte economists and a sustainability leader discuss how businesses are responding to climate issues. This is the first story in a series exploring sustainability during Climate Week in conjunction with the U.N. General Assembly.

A Data Foundation for Tax Automation Data wrangling technologies can help tax functions weighed down by complexity and mounting regulatory requirements take a lead in digital transformation. Capable of retrieving and transforming raw data for analysis and reporting, these tools allow tax teams to deploy and support other advanced digital applications, such as robotic process automation and analytics, for greater efficiency and transparency.

How a Digital Edge Can Improve Risk Management Many companies invest significantly in risk and control programs that fail to meet their expectations. A modernized, digital approach to risk management can integrate assurance across the enterprise to not only improve outcomes but also add value and reduce cost.

As Companies Recover, CFOs See Risks Ahead Finance leaders see improved business conditions and cite managing cash, liquidity, and planning and analysis as among their most important roles during the COVID-19 crisis, according to Deloitte’s North American CFO Signals survey for the third quarter of 2020.