Skills and education post-Covid in the finance function Verdict Staff March 10, 2021 (Last Updated March 10th, 2021 16:14) Share Article The Covid-19 pandemic has upended nearly every industry and profession, creating new challenges while accelerating pre-existing ones. This is as true for the finance function as it is for any other area of business, writes Raef Lawson, VP – research and policy at IMA
The Institute of Management Accountants (IMA) recently conducted a survey of the impact of the pandemic on finance functions of companies around the world. Entitled The Impact of Covid-19 on the Finance Function, the resulting report looked at how the pandemic has affected company revenue, as well as staffing, compensation, priorities and personnel for the finance function. But perhaps the most enlightening – and actionable – part of the report details the demand and need for finance departments to invest fully in upskilling and ongoing education for staff.