Building the finance function of the future


What does the finance function of the future look like?

The evolution of the Chief Financial Officer (CFO) into a more value centric role, akin to a Chief Value Officer (CVO), is an essential element of building a finance function of the future. In addition to fulfilling core responsibilities, such as compliance and reporting, navigating tax and regulation, and driving growth, today’s CFOs must act as strategic leaders, advising organisations on non-financial aspects depicted in our interactive CVO wheel below. Each one of these responsibilities is key to creating value, enabling agility, and supporting the growth of an organisation.


Click on each area below to assess where you are in your journey to building your finance function for the future.

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Inside the minds of CVOs: what our interviews revealed

This article kicks off BDO and ACCA's series of interviews with CFOs on their evolution into Chief Value Officers (CVOs). We explore how CFOs are embracing a value-centric approach, balancing long-term sustainability with short-term profitability, and ensuring robust, trusted data to drive performance.
Read the full article

BDO UK have also conducted their own case studies including interviews with CFOs from Vitality and Bristol Airport which you can find on their Finance Function of the Future hub.

Chief Value Officer - The Important Evolution of the CFO

Goodbye to the CFO, hello to the Chief Value Officer

Research by the Association of Chartered Certified Accountants (ACCA) and BDO reveals how the role of the CFO is evolving beyond finance to include sustainability, social impact, and non-financial reporting areas. Over 100 CFOs and business leaders from around the world took part in roundtables and in-depth interviews to share their insights into how the traditional role of the CFO is changing, resulting in the report 'Chief Value Officer - the important evolution of the CFO'.
Download the report

How BDO can help build your finance function of the future?


Business Services & OutsourcingBusiness Services & Outsourcing

Whatever the size or type of your business, we can help you accomplish your goals.

AdvisoryAdvisory

BDO’s dedicated and highly experienced advisory services teams across the world have the depth of industry and technical resources to respond rapidly to our clients’ needs.

TaxTax

Our specialists have the experience and industry expertise to help you with all tax matters - locally and globally.

Key contacts

Rebecca McClure

Rebecca McClure

Director, Global BSO
View bio

Contact us to hear more about how we can help.