CFOs cited time management, new technology and accounting regulations as their greatest challenges in a new survey.
The survey, by Robert Half Management Resources, asked 1,400 CFOs from U.S. companies about the greatest challenges for financial executives today. Thirty-eight percent cited time management due to competing work priorities, while 30 percent cited keeping up with technology, 19 percent picked staying current with accounting regulations, and 13 percent selected achieving work/life balance.
“Although having too little time is hardly a new predicament, the current business environment is exerting greater pressure on executives and their teams to do more with less,” said Paul McDonald, senior executive director of Robert Half Management Resources, in a statement. “As CFOs revive projects postponed during the downturn and build out plans for business growth, they're having difficulty allocating time, technology, resources and staff to these initiatives.”
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