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CFOs Losing Confidence in Value of Reporting - EY Survey - CFO Magazine

Updated: Nov 7, 2023

Company reporting in a variety of crucial financial, operational, and strategic areas has never been the easiest thing to do. It appears that CFOs are not happy with the current state of reporting.

A recent EY survey (as summarized by CFO Magazine) of 1,000 CFOs of large companies across 25 countries reveals the CFOs have lower confidence in key areas of corporate reporting.

Some of the key areas of decline of confidence include:

  • Compliance

  • Benchmarking

  • Clarity

  • Relevance

  • Key Performance Indicators (KPIs)

  • Cost-Effectiveness

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