The Role of the CFO Today and Beyond
Prepared by: Issues and Policy Advisory Committee (IPAC)
For: Financial Executives International Canada

The FEI Canada Corporate Governance Task Force of IPAC believes that FEI Canada members are currently undergoing a change in their roles, responsibilities and accountabilities due to the new Corporate Governance laws and regulations that have been introduced by North American legislators and regulators.

The CFO has been specifically identified as one of two executive officers who now must certify their company's compliance with corporate governance and financial reporting rules and regulations. The FEI Canada Corporate Governance Task Force of IPAC believes that FEI Canada members would benefit from knowing how CFOs are adapting to this changing environment in the short term and how they view their role evolving over the coming three years.

In August 2005, FEI Canada, in cooperation with its National Strategic Partner, Robert Half Management Resources, launched a survey to help answer these questions. Surveys were distributed to 1700 qualified FEI Canada members.

For full survey results, please download the attached pdf file below (available in English only)

fei-roleofcfo.pdf (438k)