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NEW RESEARCH CONDUCTED BY IMA®

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The field of management accounting and the job of the CFO (chief financial officer) continues to evolve. CFOs are being asked to take on more and more responsibilities in their execution and oversight roles. It wasn’t that long ago that CFOs were getting tapped by the CEO (chief executive officer) to do more of the strategy planning in organizations. Now, similarly, CFOs and their staffs are being asked to get involved with innovation. But to what degree is that involvement, and do you think this is an anomaly only in one industry, geography, or size of company? IMA and I had the same question, so we conducted market research to get specific facts and findings on how the role of finance is evolving in regards to innovation management and leadership. In June and July 2015, IMA sent a survey to its professional members who are CFOs, corporate officers, controllers, directors, and accounting managers in the United States, Canada, Europe, Middle East, Africa, and Asia/Pacific. The results confirmed many of our assumptions and produced even stronger, more pronounced feedback than anticipated. The following tables provide some demographic characteristics of the respondents—you will find a very encompassing diversity in the participants that leads to global, all-inclusive findings.

Advancing Innovation

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