I have always been amazed when I hear CFOs and their teams working well into the night to fulfil their month end obligations. Journals, rework, analysis, reporting until the late hours of the evening, month after month, year after year.
What makes senior finance people accept this as the norm?
Why is this acceptable in some companies?
Topics: CFO, board reporting, board, month end
A functional Board contributes to the overall productivity of the organisation and staff often look to the Board of Directors for guidance, regulations, support, and the tools and resources to do the work that is expected of them.
When a Board is lax or negligent, or does not take care of tasks and responsibilities, it doesn’t take long before staff and the daily operations of the organisation are affected.
Topics: CFO, people and culture, board reporting, Executive, employee;