Finance's vital role in managing organizational risk

10/15/2013 | AICPA Insights

The need for innovation is more important than ever, while risk to businesses is rising at an unprecedented pace. To reconcile these issues, finance teams need to transform into a business partner, supporting the chief financial officer and the CEO in their approach to innovation. Management accountants, who sometimes have a reputation as regulators of risk, rather than as instruments of innovation, can promote a culture of creativity and renewal. How does your finance function manage risk while still being innovative?

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