Finance leaders are forecasting strong growth in their organisations this year, with a consensus projection of 11%, according to the annual EY CFO survey.
The 150 CFOs surveyed are optimistic on overall economic performance, with an increasing focus on the opportunities of both M&A and Artificial Intelligence.
The majority of respondents said the top strategic focus area over the next five years is reducing costs and improving efficiency, while talent development and retention are a key focus in the year ahead. We need your consent to load this rte-player contentWe use rte-player to manage extra content that can set cookies on your device and collect data about your activity. Please review their details and accept them to load the content.Manage Preferences
Lack of capital was one of the top four barriers to undertaking effective ESG / non-financial reporting as well as lack of buy-in from leadership and competing business priorities . Encouragingly, however, 22% said there were no barriers in their organisation to undertaking effective ESG reporting.
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