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Assistant Professor Of Accounting

Mfon Akpan

As an Assistant Professor of Accounting at Methodist University, Mfon has over ten years of experience in teaching, research, and service in accounting and financial management. He holds a Doctor of Business Administration (DBA) degree from Indiana Wesleyan University and a Chartered Global Management Accountant (CGMA). This credential demonstrates his expertise and commitment to the highest standards of ethics and professional practice. His mission is to provide quality education and mentorship to students, to advance knowledge and practice in accounting and related disciplines, and to contribute to the community and the profession. He has developed and taught courses in accounting, finance, business, and management at undergraduate and graduate levels, using innovative pedagogical methods and online platforms. Mfon has also published and presented his researches on accounting topics in peer-reviewed journals and conferences and participated in various academic and professional committees and organizations. Additionally, he has leveraged his analytical, customer relationship, and new business development skills to serve as an Audit Committee Member for the City of Fayetteville, North Carolina.

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Contributor Brief·Mfon Akpan · 5 articles
Updated Apr 17, 2024

Technology and workforce costs create hidden tensions businesses must actively navigate

Akpan argues that rapid technological adoption and workforce transitions create hidden compliance and relational risks that straightforward cost-cutting cannot solve. Organizations must balance competing pressures—retaining experienced talent while controlling expenses, automating processes while preserving customer relationships, and accelerating innovation while managing ethical exposure.

50%

of accounting time reclaimed through generative AI automation

“Rapid technology adoption in finance creates compliance gaps organizations must navigate carefully.”

AI Advances Can Lead to Ethical Dilemmas in Accounting and Finance

Competing workforce and operational pressures across business functions

Aging workforce cost escalation vs. experience retention8
AI adoption speed vs. compliance readiness9
Debt collection urgency vs. customer relationship preservation8
Automation efficiency gains vs. workforce displacement costs7

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25%Aging workforce
Aging workforce cost escalation vs. experience retention
AI adoption speed vs. compliance readiness
Debt collection urgency vs. customer relationship preservation
Automation efficiency gains vs. workforce displacement costs

table

Strategic debt management impact across business contexts

Companies face delicate balance between preserving valuable customer ties and recovering owed money.

Maintaining Customer Relationships Creates a Tricky Proposition for Businesses Collecting Outstanding Debt

Strategic debt management and collection practices directly impact small business ability to scale.

Effective Debt Management Holds the Keys to Small Business Cash Flow and Growth

“Businesses must balance retaining experienced workers against rising workforce costs.”

Themes:Hidden tradeoffs between efficiency gains and relationship/compliance riskWorkforce and financial management create simultaneous cost and strategic pressuresTechnology adoption outpaces organizational readiness for ethical and operational consequences

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