In todayโs complex, nonlinear, and constantly changing business environment, itโs no longer possible for finance and accounting professionals to rely on existing skillsets. The rules of engagement have changed.
How can finance teams not just support but help develop strategy? How can automation be adopted and scaled to increase speed and success? What does the groundswell of interest in ESG mean to accountants? How can the finance function facilitate collaboration and good data governance? To be part of positive change and growth in organisations, what are the essential skills for the coming years?
In this series, we interview CFOs, finance directors, and other leaders from around the world to find out what skills are at the top of their minds. They said foundational finance skills will always be relevant, but other important competencies include machine learning, data analytics, Power BI, managing a remote team, empathy and listening skills, and connecting the dots. Published twice weekly, these interviews will give you a sense of what skills to develop for the future.
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The guidance aims to help investors and other users of corporate reporting recognise โwell-reasoned explanationsโ for departing from provisions of the UK Corporate Governance Code.
The Spring Forecast addresses financial stability but, according to a CIMA statement, lacks measures to support skills, tax reform, productivity, or support for SMEs.