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The responsibilities of CFOs continue to broaden beyond a core financial focus, to encompass stewardship across broader areas of their organisations’ performance. Increasingly an organisation’s value is measured by the extent to which it delivers for all stakeholders, customers, suppliers, employees and regulators. But what is ‘value’ in this context and should the CFO be in charge of delivering it?

This observable trend is corroborated in ‘Chief Value Officer – The Important Evolution of the CFO’, a report published by the Association of Chartered Certified Accountants (ACCA). The report explores in depth the concept of the CFO as ‘Chief Value Officer’ accountable for driving benefits across stakeholders and using a wide range of indicators to measure performance.

The report’s author, Clive Webb, Head of Business Management at ACCA, will present his insights at our forthcoming Winmark CFO Network virtual roundtable in May. Two in-house CFOs, along with attendees, will test the report’s conclusion against their own experience.