The president of the Institute of Chartered Accountants-Ghana, Professor Kwame Boasiako Omane-Antwi, has challenged Chief Financial Officers (CFOs) to keep themselves abreast with technology and changing trends in order to ensure survival of their companies.
“CFOs must be strategic in their thinking and not only tactical thinkers. That is why I say CFOs of today must act locally but think internationally. Because as you think internationally, you are able to come across best practices that are happening. Best practices ensure that your company can grow, because at the end of the day the CFOs job is to add values that will help you to expand your organization, Prof. Omane-Antwi said at the KPMG CFOs Survey launch in Accra.
He emphasised that CFOs role over the years has changed from book keeping to becoming a partner to the CEO who takes part in the core decision-making of the business, including defining the company’s vision statement.