In so many interactions that I have with CFOs, they ask about the implications of new technology for the future of finance.
My answers have, of necessity, been based on my own experiences and observations.
Now with this comprehensive, global study from the Association of International Certified Professional Accountants, CFOs can gain a more objective set of insights. This paper sets out some initial themes that have come out of that research; more will come as findings are analysed. A valuable tool for CFOs and other interested in thinking about the role and operating model for finance.
Change is the new norm in many organisations, and particularly for the finance function. However, because organisations do not discuss the issues with one another, there is currently no composite picture or vision of the finance function of the future. The future of finance global research project is designed to bring together different organisational views, to create insight into the process of change, synthesise a composite picture of the finance function of the future and to ensure the continued relevance and employability of current and future holders of the CGMA designation at businesses across the world. The research project seeks to answer the following questions: How will the future be different for your organisation? What are the drivers of change for your organisation? What are the implications for finance? How should finance prepare for the changes?