So how did the role of the CFO ascend from that of an accountant to becoming the CEO’s business partner, most trusted adviser and multi-discipline strategist? Prior to the early noughties, the CFO performed a traditional finance role, responsible mainly for reporting the numbers, measuring performance with integrity and accuracy, and managing a firm’s checks-and-balances process. But as we now move into the 2020s, the role of the CFO is no longer about performing the once-traditional finance role.
Continue reading for more detail on the risk and compliance implications, adopting a new mindset, the skills now required of a CFO and the impacts of technology, challenges, key stakeholders and more.
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