Business partners in the spotlight.

PositionUpdate - Chartered Institute of Management Accountants - Discussion

With the ethical conduct of business making front page news, CIMA has been conducting roundtable discussions with senior finance executives worldwide to discuss independence--fundamental to ethical practice--in business partnering.

CIMA's ongoing finance transformation research has identified the challenges and opportunities to the independence of finance professionals as they take on closer business-partnering roles. At the heart of this transformation is a shift from being an adviser to becoming accountable. Rather than restricting finance to collating and reporting financial information data, finance professionals are increasingly expected to apply their expertise to high-end analysis, supporting decision-making and helping to define and implement strategy across the business.

However, by working more closely within a business, accountants can lose their reputation for taking an independent view. The danger is that they are...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT