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Finance Leadership & Development
Professional accountants need to respond to the continually changing expectations of their organizations, the financial markets, and society. In addition, many accountants aspire to finance leadership roles, such as chief financial officer (CFO). As a result, they must fulfill their traditional responsibilities, while increasing their support of strategic and operational decision-making. Through education, life-long learning, and development, they must acquire the right mixture of skills, experiences, and attitudes, including leadership, strategy, business, management, and interpersonal skills. Read More
The CGMA Competency Framework is designed to help management accountants and their employers understand the knowledge requirements and assess the skills needed for both current and desired roles. The framework is underpinned by the need for objectivity, integrity, and ethical behaviour, and includes a commitment to continuously acquire new skills and knowledge.
Five simple exercises can help you recognize, and start to shift, the mind-sets that limit your potential as a leader.
These charts assist professional accountants in developing the competencies necessary for becoming a CFO.
Re-envisioning the CFO as the Chief Future Officer
March 19, 2014 - AICPA Insights
This article discusses the traits of a data-enabled CFO.
What are the main requirements and expectations of CFOs and finance leaders in the modern economy? What are the implications on the requisite skills and competencies of accountants? These are some issues which IFAC’s discussion paper, “The Role and Expectations of a CFO”, seek to address and stimulate a global debate on as it prepares accountants for finance leadership roles, including Chief Financial Officers (CFOs). The paper also highlighted the changing expectations and scope of the CFO and finance leadership roles and the action professional accountancy organisations (PAOs) and employers can take to prepare professional accountants for finance leadership.
This model aims to assist accountancy organisations in their development journey, irrespective of their current stage of development. It provides a roadmap to assist PAOs undertake an organisational self-assessment to identify opportunities for development, improvement and sustainable growth
September 15, 2014 - Association of Chartered Certified Accountants
September 10, 2014 - CFO Innovation
September 8, 2014 - American Institute of CPAs
September 5, 2014 - Institute of Chartered Accountants of England and Wales
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