Conflicting major challenges are being experienced by the 52 organisations who took part in the study, and as a result the institute has launched a Strategic Enterprise Management (SEM) roundtable to make recommendations on the resulting issues.
CIMA chief executive, Charles Tilley, said: ‘Inefficiencies in the finance function are creating work. Finance professionals are having to learn to think like outsiders to exploit the capability of the technology. Its potential lies in its ability to free finance professionals from the drudgery of monthly corporate reporting.’
Leading businesses and CIMA will continue to compare and contrast issues of the next year before delivering their conclusions.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements