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1、CFO2010January 2002The Role of the Chief Financial Officer in 2010The mission of the International Federation of Accountants is the worldwide development and enhancement of an accountancy profession with harmonized standards, able to provide services of consistently high quality in the public intere
2、st. This booklet was prepared by the Financial Management Accounting Committee of IFAC. The mission of FMAC is: To encourage, amplify and supplement programs that focus on the financial and management accountant, as conducted by IFAC Member Bodies to: Provide for the development and support of such
3、professionals; and Build public awareness, understanding and demand for their services; To provide an international forum for exchange of information regarding current development and emerging issues that shape the management accounting profession.The FMAC welcomes any comments you have on this book
4、let. Comments should be sent to:Technical DirectorInternational Federation of Accountants535 Fifth Avenue, 26th FloorNew York, New York 10017-3610 USAFax: +1 212-286-9570XX: edcommentsifac.orgCopies of this paper may be downloaded free of charge from the IFAC website at .ifac.org.Copyright January 2
5、002 by the International Federation of Accountants. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the
6、 International Federation of Accountants.ISBN: 1-887464-77-8 / FOREWORDThe Financial and Management Accounting Committee of the International Federation of Accountants explores emerging trends and seeks to represent contemporary best practice in the domain of accounting work concerned with the manag
7、ement of organizations. This is done primarily through a range of publications: annual theme booklets, an annual collection of articles of merit, research studies, International Management Accounting Practice Statements and guides for practitioners. These publications are available through the IFAC
8、website at .ifac.org.Past theme booklets have covered topics like Management Accountancy in the Year 2004 and The Senior Financial Officer in the Year 2005. Such has been the speed of change that these documents describe practice today. A recent study examined A Profession Transforming: From Account
9、ing to Management. This explored emerging trends from the view of 12 member bodies of IFAC representing six countries. Four of the bodies are specialist associations looking at the field of management accounting; the remaining eight are professional bodies seeking to be more responsive, and more rep
10、resentative, of their members working in management-related roles, in business and public practice. The study explored the 12 professional associations in varying stages and states of transition to the future and each told their own story to date. The insights and changes they were pursuing individu
11、ally were collectively indicative of an underlying or imminent transformation in the profession.This is best summarized by stating that the findings identified that the finance function in organizations was transforming in terms of a value added managerial focus, its area of organizational involveme
12、nt, the capabilities expected from it and its leadership , the consolidation, elimination or outsourcing of much of its work responsibilities, and the radical reduction of its headcount. It seemed sensible, therefore, to canvas the views of 10 leading chief financial officers to get them to tell the
13、ir stories. This theme booklet is the result of that exercise. Once again, the members of FMAC identified leaders in their field across many countries, businesses and public sectors. They agreed that this story would be best described through the facilitation of a leading author, and enrolled the he
14、lp of Robert Bruce, Accountancy Editor of The Times.The Chief Financial Officers are all from companies with easily recognizable names and with views from North America and Europe, together with countries like Argentina and Hong Kong. We thank them for the time they gave to the interviews, but espec
15、ially for their candid comments and for sharing their insights. It was encouraging, from an FMAC viewpoint, to note that all of them address the role of the CFO in the strategic direction of their companies.Other notable topics covered included investor relations, acquisitions and the CFO role in corporate governance and risk management.This theme booklet, The Role of the Chief Financial Officer in 2010, tells the story from the individual viewpoints of these CFOs which can be seen in the themes chosen: Developing a Vision for the Fut