Study: Chief Value Officer – The Important Evolution of the CFO

Study: Chief Value Officer – The Important Evolution of the CFO


The study "Chief Value Officer: The Important Evolution of the CFO" was conducted by BDO and ACCA (Association of Chartered Certified Accountants), two globally renowned organizations in the field of accounting and business consulting. The study was conducted in 2023 in the UK and highlights a series of capabilities and competences relevant for the future of the CFO role.

This report is aimed at financial leaders, managers, and finance professionals who wish to broaden their horizons and better understand how they can contribute to sustainable value creation within their organizations.

  1. The concept of value is fundamental to performance management, and its adoption is crucial for a sustainable future for organizations. 
  2. CFOs are increasingly adopting a value-centric approach, representing an evolution towards the Chief Value Officer role. 
  3. The development path for CFOs requires a broad range of experiences, encompassing both formal and informal learning activities.