13 Apr '11, 1pm

Talent, cost management are key issues for CFOs: survey

SINGAPORE : Finding the right person for the job is getting more challenging, according to recent polls of chief financial officers (CFOs) in Asia and across the world. The studies showed that more than three-quarters of CFOs surveyed are concerned about hiring and retaining the right finance professionals. One study, which was conducted by business analytics firm SAP, revealed that the top three challenges faced by Asian CFOs for 2011 and 2012 were cost, talent and risk management. Another study, conducted by the Association of Chartered Certified Accountants (ACCA) and accounting firm KPMG, said there is a lack of talent management strategy in financial departments globally. The studies also revealed that rising costs are a key concern among CFOs. CFOs said quality finance professionals are hard to find and retain. They said most finance professionals lack sufficient fin...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

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