Report

How can CFOs be confident in value creation without confidence in reporting? | EY Global Corporate Reporting Survey

How can CFOs be confident in value creation without confidence in reporting? | EY Global Corporate Reporting Survey

Pages 32 Pages

The 2024 EY Global Corporate Reporting Survey highlights that CFOs face a critical challenge: they cannot be confident in value creation without confidence in reporting. Rapid technology adoption and systemic risks like climate change increase uncertainty, demanding clear, credible narratives on long-term value. However, 96% of finance leaders express concerns about the integrity and reliability of nonfinancial data, with over half fearing greenwashing in sustainability reporting. CFOs must close this confidence gap by enhancing transparency, data quality, and leveraging AI to transform finance analytics, thus positioning themselves as trusted strategic partners in navigating short-term volatility and long-term growth. T

Join for free to read