The CFO's role in value creation

June 29, 2020

By Neil Amato, Financial Management

Financial performance is just one component of an organization’s true value — in fact, what’s on the balance sheet is now estimated to be just one-fifth of a business’s value. That’s one of several reasons the CFO’s role in value creation is growing more complex.

The role shift and a greater emphasis on intangible assets are the subject of a report released Thursday by the International Federation of Accountants (IFAC), the International Integrated Reporting Council (IIRC), and the Association of International Certified Professional Accountants.

The report, The CFO and Finance Function Role in Value Creation, is timely as it sets forth a value-creation agenda, which is something businesses are struggling with amidst the COVID-19 pandemic.

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