Why CFOs Should Shift Their Focus To The Future

“Why CFOs Should Shift Their Focus To The Future,” StrategicCFO360

In an article published on September 8, 2023 in StrategicCFO360, Matt James shares his perspective on how the role of CFO has evolved over the last five years and shares his insight into how today’s CFOs are true partners to the CEO and board.

“The complexity of the CFO role has evolved due to changes in accounting standards, tax laws, regulatory regimes, an increase in private equity-owned businesses and, more recently, macroeconomic headwinds. No longer does simple GAAP and tax compliance lead to a successful outcome for today’s CFO,” says James. “Importantly, as a partner to the CEO and the board, a CFO must understand how budgeting, capital allocation and structuring impact every aspect of the business, from front office sales functions to support roles like information technology, marketing and human resources, among others.”

To read the full article, click here.