South Africa


  • Service: Advisory, Performance & Technology
  • Type: Business and industry issue
  • Date: 2011/06/09

A New Role for New Times 

The challenges of conducting business in a modern, globalised economy are compelling finance departments to transform from efficient managers of transactions into ‘business visionaries’, providing boards with insights into true profitability and guiding investment and cost control decisions.
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In the fall of 2010, CFO Research Services, in collaboration with KPMG’s global Financial Management practice, surveyed just under 450 senior finance executives from large companies in North America, Europe and Asia to discover their views on the changing role of the corporate finance function and their aspirations for the future. A New Role for New Times captures these viewpoints.


A New Role for New Times is being released with Transforming Finance, which is KPMG’s response to the issues that have been highlighted in the survey. Transforming Finance brings together insights from senior practitioners within KPMG’s Financial Management practice, focusing on the practical matters that Chief Financial Officers need to consider when they are planning the future of their departments. It draws on case studies covering public and private sector organisations to offer a blueprint for successful transformation.