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PositionBrief Article - Book Review

Pressured by corporate scandals and a tough regulatory environment, companies today demand far more from their CFOs than simply managing the numbers. They expect support and leadership that can boost managers' performance throughout the firm and enhance the bottom line. Yet the complexity and detail of CFOs' jobs have shackled them to budgeting and transaction-processing systems that leave little time for value-adding activities.

In Reinventing the CFO: How Financial Managers Can Transform Their Roles and Add Greater Value, Jeremy Hope contends that it's time to liberate CFOs from their number-crunching responsibilities so they can lead managers across their...

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