This paper is based on discussions between finance professionals from leading companies and consultants based in London, Singapore, Warsaw and Johannesburg, between January 2011 and April 2012. The aim was to provide a picture of the opportunities and challenges that finance transformation is creating, with particular regard to the independence and objectivity of the finance function and its professionals.
The global discussions sought to build on some of the trends and findings established by the CIMA Centre of Excellence at the University of Bath School of Management, which was established to research the state of, and changes to, the finance function and determine best practice in the development of finance professionals. The first phase of this identified issues that concern both the challenges and the opportunities with regard to the independence of finance professionals as they take on closer business partnering roles.
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