Here's how you can assert yourself when advocating for changes in corporate accounting processes.

In my experience we need to stress on the process and analytics and cross functional coordination that will make finance team aware of the real situation and the key business drivers which is impacting the business. This will help in understanding the real situation and application of the accounting principal would be more accurate. This will also give business prospective to the team and will result in more business driven analysis which would help in making the correct decision to the top management.

Through a good understanding of the system and procedures applied within the company and presenting the strengths and weaknesses of the system applied internally to transfer data within the company and plans for processing and developing the company’s financial performance.

Before suggesting any changes, make sure you have built a solid reputation within your organization. Your colleagues are more likely to listen to someone they respect and trust. Demonstrate your corporate accounting expertise by consistently delivering accurate reports, meeting deadlines, and demonstrating a deep understanding of the company’s financial systems. When you are known for your competence and reliability, your recommendations for process improvements will carry more weight.

In Finance, where precision and integrity are paramount, it's essential for leaders to keep the values they wish to see in their teams. Here are a few principles I live by: Transparency: Communication and honesty build trust and a culture where everyone feels valued and accountable. Learning and Evolving: Finance is ever-evolving. Staying updated with the latest regulations, technologies, and best practices is crucial. Hands-On Approach: Being involved in the daily operations provides insights into improving processes and efficiencies. Collaboration: Great results come from teamwork. Innovation: Embracing new technologies and innovative solutions is key to staying ahead.

1. Understand the Current Processes Thorough Analysis: Gain a deep understanding of the current accounting processes, including their strengths and weaknesses. Data-Driven Insights: Collect data that highlights inefficiencies, errors, or areas for improvement. 4. Prepare for Objections Anticipate Resistance: Identify potential objections or concerns that others might have and prepare responses. Risk Mitigation: Address potential risks associated with the changes and outline mitigation strategies. Showcase the Benefits Highlight Benefits: Emphasize the positive impact of the changes, such as improved accuracy, efficiency, and compliance.

Drawing from experience, it's crucial to consider the human element when advocating for changes in corporate accounting processes. Addressing potential concerns from team members impacted by the changes is vital. Engaging stakeholders, seeking feedback, and fostering collaboration can build support. Being open to input and refining proposals based on feedback leads to more effective changes. A holistic approach to change management ensures successful outcomes in corporate accounting practices.

The importance of effective communication cannot be stressed enough- the power of communication lies in your ability choose matters that requires a harsh voice and those that require a soft tone. If one fails to identify these situations and communicates in a manner that is fit for purpose, then they might lose the opportunity to communicate more effectively with their subordinates. Shout when absolutely necessary for a sense of urgency in the matter to be affected but keep your cool in instances where one can be presented with an opportunity to learn from whatever blunder they may have made and keep the team going. Effective communication is key for the implementation of sound and practicable accounting processes.

When you want to make changes you must carefully review the entire route of activities in the process you want to change, no matter what type of process it is, you must identify if the activities correspond to those that *add value, *do not add value or if they are *support. (necessary but do not add value), then measure and work as a team to review opportunities for improvement, I believe that to lead a change you must work with a team that has the intention, attitude and will to collaborate to address the changes. A good leader works as a team and involves others, who have a profile of commitment, discipline and honesty with the work. The results of a team are always far superior to those of a single person.

to have a corporate accounting framework in office, i do simply when collaborating with subordinates i get indulge with sub ordinates assigned work so that they give good output and better financial report which ultimately help to boost my efficiency in the eyes of CEO

effective communication is very essential either with senior or sub ordinates ,all should be on one page agenda,if any serious conversation need to record it must be documented through email in office to avoid confusion later on

The way you communicate your ideas can make all the difference. Be clear and to the point when presenting your suggestions, using concrete data and specific examples to illustrate the benefits of the proposed changes. Use accessible language so that everyone, regardless of their accounting background, can understand the positive impact of your suggestions.

Consider the perspectives and concerns of various stakeholders, such as executives, managers, and frontline staff, and adapt your communication approach accordingly. By customizing your message to resonate with each group's priorities and interests, you can increase engagement and support for the proposed changes. Acknowledging and addressing the unique needs of different stakeholders demonstrates empathy and enhances the effectiveness of your communication strategy in driving meaningful transformations in corporate accounting processes.

In my experience, the input of the process owner is essential for effectively implementing the changes in accounting processes. Customising solutions based on their input ensures seamless integration into existing workflows. The process owner would also act as a liaison, advocating the change and addressing concerns. For instance, if the proposal involves updating a cumbersome and underutilized reporting tool, feedback from the person preparing the reports can highlight essential features to make the tool more user-friendly. Engaging affected team members in the planning process ensures buy-in from them and the resistance to change is minimized.

Leading by example is not just a leadership trait, it's a way of life. It's about setting a standard through your actions, behaviors, and decisions, rather than just words. When you lead by example, you inspire others to follow suit by demonstrating integrity, commitment, and accountability in everything you do. It's about walking the talk and showing others the way forward by being a role model. By embodying the values and behaviors you expect from others, you create a culture of excellence, trust, and motivation within your team or organization. Your actions speak volumes and have a profound impact on shaping the attitudes and behaviors of those around you.

The "WHY" of every task or assignment. to know your audience, users of your work and the importance of it, Would play a most pivotal role in deciding whether the work of efforts you are putting in will lend a fruitful outcome or not.