David Parmenter explores how the finance team can help their organisation get future-ready.
Finance function effectiveness
Articles, reports and other resources that enable accountants in business to make a real difference to their organisations by providing them with practical information on the latest thinking in finance function effectiveness.
Understanding business is key to success for business partners – but it’s a continual learning process. Recent research as part of ICAEW’s finance direction programme shows just how important this is for CFOs.
How do the finance directors who work in charities make the funds go further? In a tight economy, how do those at the helm maintain discipline and drive fundraising? Two FDs on the frontline of the third sector share their experiences.
Christian Doherty talks to two FDs about the unique challenges posed by holding such a position at a company within a creative industry.
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Business technology was born in the finance function - and accountants make more use of it than most. So why hasn't IT completely revolutionised the role of finance?
Occasionally, says Simon Hill, SME CEOs can get pretty volcanic – and handling the resultant lava flows is the FD’s biggest challenge. David Higgins adds his own advice on managing the conflict.
Finance leaders talk to Richard Young about the different hats an FD must wear to stay ahead in the changing business environment.
In the second part of this three-part series, Richard Young discovers how a mastery of processes and systems, being a business arbiter and acting as trusted counsel are crucial to the FD role.
Over the past two issues, we’ve looked at five distinct roles an FD must play in any organisation – from being a co-pilot to the CEO, to an engineer tending the machinery of business. Richard Young rounds out the seven hats series with perhaps the most dramatic roles – rescue service and muse.
Alistair Marsden offers some advice on how to face the unique challenges of managing a retained finance function.