With a changing and uncertain business environment, Chief Financial Officers (CFOs) and finance functions must evolve to sit at the heart of decision making within their organizations.
An effective finance function is integral to an organization's long-term success. Therefore, ensuring a fit-for-purpose finance function that meets the needs of an organization is crucially important.
This tool is designed for use by boards and management teams to support meaningful discussion on how the finance function progresses within the organization. It also helps identify priority areas for further development that will maximize the value and contribution of the finance function.
The world is changing fast, and so are the roles of finance and accounting professionals. The nature of work performed by professional accountants and the nature of their contribution to organizations are rapidly evolving in response to significant business trends.
This report identifies the roles that future-fit accountants in business can fulfill to remain integral to their organizations in the coming decade based on the experiences of senior business and finance leaders, CEOs, board directors, and other stakeholders.