World of numbers

 


80%

The percentage of chief financial officers who do not have a successor for their role, according to the 2019 study by management consulting company Korn Ferry, which surveyed 222 CFOs in companies across the globe. It found that only 38 percent of CFOs had a comprehensive succession plan. John Petzold, Korn Ferry’s Senior Client Partner attributed this to organizations “being so busy trying to outpace the competition.”


90%

The percentage of accountants who believe the profession is undergoing a major cultural shift as it enters the next decade. Factors such as evolving client demands, technology adoption and diversity within firms are changing the accounting landscape, according to a survey on 3,000 accounting professionals worldwide conducted by business solutions company Sage.


40%

The percentage of accounting and finance firms facing trouble in prioritizing potential robotic process automation (RPA) initiatives, according to the 2019 RPA Survey by global consulting company Protiviti, which surveyed 450 executives. Factors such as concerns with cybersecurity and regulation remain obstacles to pursuing higher RPA adoption rates. A further 24 percent cite a lack of talent as another challenge.


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