The classic career path from staff accountant to CFO is coming to an end, according to a new report from the Association of Chartered Certified Accountants and the Institute of Management Accountants.
The report, “Future Pathways to Financial Leadership,” surveyed nearly 750 CFOs worldwide and found that the most popular stepping-stone to the CFO role was from financial controller. Many latter-day CFOs said they have taken the usual finance stepping-stones toward the CFO role, but believe tomorrow’s CFOs will need new experiences to meet the evolving needs of business. Forty percent of the CFOs polled said they have taken a role outside the finance function in their careers, and more may need to do so in the future.
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