Visionaries start companies and turn them into successful businesses. But when the visionary steps down, shareholders − more often than not − turn leadership over to the Chief Financial Officer.
Here are many reasons for this. Chartered accountants have a combination of financial expertise, analytical skills,
risk management, compliance and regulatory expertise, and are adept at controlling costs and implementing cost effective measures.
Accountants are bound by strict ethical codes and professional standards, which inspire confidence in shareholders and stakeholders. They are trained to be objective and impartial, are detail-oriented and meticulous, and are skilled in financial planning and forecasting, which can help development of effective business strategies and long-term growth plans.
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