THE SIX KEY AREAS WHERE CFOS FAIL TO DELIVER FOR THE BOARD OF DIRECTORS
It’s been a long time since CFOs moved beyond financial reporting and accounting and added “strategic business partner to the board of directors” to their list of responsibilities. Nonetheless, a new survey from CFO Research, in collaboration with Kyriba, finds that CFOs aren’t always delivering the information and decision support that boards want as they seek to manage corporate risks.
The survey identifies six key areas, led by fraud monitoring and mitigation, where CFOs need to communicate more effectively, and act more decisively, in helping boards protect shareholder value. To do that, the survey suggests, CFOs need not only the right training and instincts but also the right technology.