Finance teams take on wider roles but lack resources

Finance departments will have more responsibilities coming out of the COVID-19 recession yet they lack the resources to do what really needs to be done, a KPMG survey has found. Nicola Davis introduces the report.

The roles and responsibilities of CFOs and finance teams were already evolving before the global pandemic hit, but the challenges of COVID-19 have accelerated the pace of this change.Finance leaders are being asked to assist in ensuring business resilience in the short term, support commercial and operational recovery and drive the change required to adapt to the new business reality.KPMG Australia surveyed more than 70 finance executives from financial institutions, corporates, government an...

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Authors: Nicola Davis

Published Date: 30 October 2020