Survey on Performance Measurement Shows Finance's Role Seen as "Business Partner".

• Position: Brief Article

In a survey on performance measurement, 81% of respondents indicated that finance serves as a "business partner" to the company and generally considered finance to be effective in analyzing business results, developing plans and budgets, assisting in decision support, forecasting business results, and building tools and methodologies to assist operating managers.

These findings and others were uncovered in a Web-based survey conducted among AICPA members in business and industry as well as non-members involved in either finance or non-finance functions (including general management, operations, information technology and tax). The survey investigated the uses of performance measures systems and the use and relative importance of both financial...