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In addition to the traditional finance and compliance roles, CFOs are seeing their duties expand to include responsibilities in IT, human resources, and risk management.
Career progression is top of mind for many management accountants, and the scope of a role and the prospects it holds for promotion are strong motivating factors for those considering their next move.
Compliance costs are projected to rise, and finance executives must add employees or train existing staff to keep up with evolving business complexity.
Changes proposed this month to the Uniform Accountancy Act (UAA) and the Uniform CPA Examination Model Rules in the US are designed to help holders of qualified foreign designations apply for state licensure as a CPA and support the updated Uniform CPA Examination.
Good business partners can facilitate the development of insights in collaboration with business managers. Here are the traits that make a great partner.
Finance chiefs around the world face an increasing rate of change in business, as well as more scrutiny and regulation. Taking steps to grow skills and escape their comfort zone can help CFOs adapt to their changing role.
With the role and scope of accounting jobs changing as the pace of business escalates, finance professionals must be comfortable developing skills that go beyond technical proficiency.
Cost management is a stated emphasis for CFOs, but an Accenture survey shows that finance chiefs are not always following through on cost management initiatives.
Intangibles such as customer satisfaction and brand reputation are among the most significant drivers of value in the digital economy, according to a CGMA survey.
One finance executive centralised finance brainpower at his fitness company, offering an illustration of how finance transformation can succeed at small and mid-size businesses.
A joint working group formed by the Chinese Ministry of Finance and the IFRS Foundation is exploring ways to expand the use of IFRS within China, especially for Chinese companies that are internationally oriented.
The structural silos that form in organisations are a powerful barrier to information sharing and innovation. Anthropologist Gillian Tett explains how some organisations have broken down these barriers.
Research by EY suggests that many finance leaders underestimate the significance that the shift to a digital business model will have for their organisation in the near future.
Find out how the chair of the Investment Association explores the challenges of assessing the future value of investment prospects using non-financial information and good judgement as well as conventional financial data.
US CFOs are more likely than they were two years ago to hire consultants for a variety of roles, according to a new survey. Two former CFOs list some of the tasks that might be best suited for an outsider to perform.
Steve Mortimer, ACMA, CGMA, director of business consulting at Grant Thornton, talks about the changing role of the finance function and how finance directors can drive an effective performance management culture in their organization.
Eighty-six per cent of UK finance leaders are confident their digitisation programmes put them in a strong position to address businesses’ challenges in five years’ time. Only 72% of their European counterparts feel the same way.
