The Changing Dynamics in the Role of a CFO

October 9th, 2018 Narayanan AP

With new types of businesses emerging, new distribution channels being created and even new strategies for managing people taking shape, the role of a Chief Financial Officer has evolved greatly from what it once was. In the past, a majority of a CFO’s workload involved scrupulous accounting and compliance with the law. Now, however, the scope of a CFO has extended far beyond this and they are expected to don a number of hats. From charting out a business plan to tracking its progress and managing the many variables that can impact it, modern-day CFOs have more strategy-oriented roles. But with the expanding role of a CFO today, there also come a number of challenges.

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