At the ICAEW Annual Conference this year, there was an overarching focus on the opportunities and responsibilities that technology brings for finance professionals and their organisations, and how it is reshaping the world of finance and accounting. The digital revolution is transforming ways of working, especially in the field of finance. At ICAEW’s Annual Conference this year, experts across the field speculated about the future of finance. Some suggested that it will be completely automated and independent, eliminating the need for human finance professionals. Others envision a broader and more value-orientated finance function with a greater focus on sustainability and value for clients and customers. Many shared the view that finance functions will need to adapt to new technologies and simplified and automated processes. Technological transformation will enable finance functions and professionals to drive insights for better decision-making and curiosity for innovation. The changing role of the CFO As the digital revolution reshapes the business landscape, the role of the CFO is also changing. Some experts have speculated that the role of the CFO will become obsolete. Others argue that the CFO will need to adapt to new challenges and opportunities. David Anderson, Partner at Deloitte, suggested that there […]