The accounting profession and employers should work more actively to get accountants ready for finance leadership roles such as CFOs, according to a new study.
The study, The Role and Expectations of a CFO, by the International Federation of Accountants, highlights five principles behind the changing expectations, scope, and mandate of the CFO and finance leadership roles. The discussion paper also recommends a number of actions that employers can take to prepare professional accountants for career progression to finance leadership.
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