Sixty-eight percent of business and industry members say the title of chief financial officer does not adequately cover the scope and diversity of the role in their organizations.
One hundred percent agree that human capital is a key differentiator and competitive advantage for organizations.
One hundred percent say that finance / accounting needs to make the transition from navigator to co-pilot to remain relevant in the future.
These were just a few of the polling questions from our second town hall for business, industry, government and non-profit members.
About 200 CFOs, controllers, and management accountants came out for our semi-annual professional issues update featuring four hours of free CPE.
Special guests Arlene Thomas, the AICPA’s senior vice president of management accounting and global markets, and Ashok Noah, the AICPA’s vice president of external relations, gave an engaging presentation on fraud, risk management and innovation, the emerging role of the management accountant, and an update on the AICPA CGMA designation. (Seventy-six percent of our members said they were aware of the new designation and about 20 percent already have it.)
What were the biggest challenges facing Maryland CFOs and controllers?