Role of Finance Teams Expanding as Business Complexity Increases 

Published June 24, 2014

Taking note of a recent CGMA survey, The New York Times reports that the role of finance teams continues to expand beyond traditional accounting and financial reporting. In the newspaper’s “You’re the Boss” Small Business Section, Arleen R. Thomas, CPA, CGMA, senior vice president of management accounting and global markets for the AICPA, was quoted as saying, “Increasing business complexity has become the new norm, and it’s not surprising that businesses are having to adapt and manage to the rapid change. As a result, organizations are calling upon management accountants to play a larger role than ever before. Thomas told the Times, “By utilizing a skill set that encompasses the strategic understanding to drive business and the financial understanding to mitigate risk and ensure compliance, CGMAs are uniquely positioned to help their organizations meet the challenges of a rapidly changing environment.”


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