The Changing Role of the CFO

The Changing Role of the CFO

For many, the CFO in a company has long been considered as the bean-counter (albeit the chief bean-counter). And in the past that’s been true. CFOs are nearly always accountants with responsibility for the core traditional finance function in the company – financial statements, monthly management accounts, cash management, compliance, that sort of thing. So it’s a highly specialised and professional role that requires the individual to be qualified and experienced.

GDPR is coming - are you ready?

GDPR is coming - are you ready?

In January 2018, the Irish SME Association (ISME) released the results of a General Data Protection Regulation (GDPR) survey it undertook with its members. It made for interesting reading. Why? Well it appears that while 83% of the 507 respondents are aware of GDPR and 76% are concerned about it, only 30% have identified the actions they need to take, and even less - just 7% - have completed their GDPR plan.