ACCA Research – Finance Professionals need to skill-up and focus on business strategy in the Credit Crunch

A new ACCA report confirms that Finance Professionals need to skill-up and focus on business strategy.

The report looks at how and where accountants are driving value in the current business climate, and includes an outline of how finance functions can optimise value.

The October 2009 research concludes that core skills and attributes around ethics, integrity, risk, value protection, and value creation will be key for accountants and finance professionals over the next few years. The report says adding greater value, with broader skills than ever before – across geographies, sectors, and organisational sizes would be needed.

The survey declared strategy as the domain in which current skills of finance professionals fell well short of requirements.

The ACCA report titled “Accountants for Business” was based on material provided by PwC, and is part of its Managing Human Capital in accounting and finance Insight series.