Our ongoing research into the future of finance shows that the finance function has a mandate to go beyond its core accounting role. This changing mandate doesn’t discard core accounting; it’s still an essential foundation of the finance function. However, enabled by new technologies, the function is now capable of assessing a broader range of information and becoming a more influential player within an organisation.
It’s time to step up and occupy the space that senior finance and non-finance people – as revealed in interviews with us – believe the finance function of the future must own. This emerging theme from our research will:
- explore the basic activities that are the essential DNA of every finance function
- explain the broad roles within the finance function
- explore how the finance function must transform in order to meet the changing mandate.
Download this briefing paper to understand how changes in technology are evolving the delivery model and direction for modern finance professionals.
This forms part of a series of briefing papers exploring the four key themes from our ongoing research to understand the future form and direction of the finance function. To find out more, visit cgma.org/future-of-finance.