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The role of accountancy and finance professionals has dramatically evolved in the pandemic, but only one in three think their current elevated status will be an enduring change, according to a global survey from the Association of Chartered Certified Accounts (ACCA) and PwC.
The finance profession has experienced a ‘five years in five months’ evolution due to Covid-19, as organisations increasingly looked to them to plot a path of financial stability in challenging business conditions.
The increased focus on financial and strategic skills, such as planning, forecasting and scenario analysis, has given accountants a seat at the leadership table as senior executives have called on their skills to ensure survival and to maintain the balance sheet.