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Professional development: evolving role of the CFO
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The Institute, in association with KPMG, developed a survey in 2007 to examine the balance between a CFO's stewardship role with their strategy development and value adding functions in order to meet the expectations of CEOs, boards and stakeholders. 
 
Results of the survey revealed that the role of the CFO (and his/her finance team) has expanded and that the business generally has become used to the finance function taking a more proactive role across a range of important matters. 
 
Other key trends from the survey included: 

  • As companies put growth and performance improvement back on top of the agenda, CFOs and their finance teams are experiencing greater involvement in strategic and commercial work and in market and stakeholder communication
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  • Most CFOs do not expect any substantial change in the balance of their responsibilities and business priorities over the next three years
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  • To some extent the emphasis on regulatory compliance tasks has reduced the finance team’s ability to add value in other areas of the business
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  • The shortage of finance and accounting talent is intensifying. The pressing need to attract and retain good people is placing new demands on CFOs’ leadership and people management skills.
Read more 
 
CFO of the Future Intensive Program  
The CFO of the Future Intensive Program offers a thought provoking two-day workshop designed to provide aspiring and existing CFOs with the professional skills they need to deal with the challenges of the current economic climate and ensure leadership qualities.  
 
The workshop’s program provides six strategic performance areas, helping delegates stay abreast of current initiatives from strategic planning to sustainability management and reporting. Over two intensive days delegates will explore:  
  • Introduction to CFO 2012 skills and techniques – revitalising the CFO team
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  • CFO as corporate strategist – latest strategic planning and corporate positioning tools and techniques
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  • Budgeting and management reporting practices
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  • The ‘Measures that matter’ – business performance metrics and reporting
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  • Strategic revenue and cost management
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  • Sustainability management and reporting.
 
Client Director at Pitcher Partners, John Petty FCA who has implemented best practice in corporate board and management reporting in more than 100 companies, will lead the event. 
 
CFO of the Future Intensive Program workshop is being held at the following venues: 
  • Perth: 25 - 26 March 2009, Wollaston Conference Centre, Wollaston Road, Mt Claremont
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  • Brisbane: 2 - 3 April 2009, Institute training rooms, Level 32 , 345 Queen Street
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  • Adelaide: 8 – 9 April, Hyatt Regency Adelaide, North Terrace
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  • Melbourne: 22 – 23 April, Institute training rooms, Level 3, 600 Bourke Street
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  • Sydney: 30 April – 1 May, Institute training rooms, 33 Erskine Street
 
Relevant Links 
 
 
Last updated: Thursday, 5 March 2009