Essential skills for aspiring CFOs

The Massachusetts Society of CPAs, in collaboration with several other CPA organizations, has published the 2024 Corporate Finance Report titled “CPAs in the C-Suite: Most Wanted Competencies for Finance Leaders.” The report, based on a survey of over 320 hiring executives, highlights essential skills for aspiring chief financial officers in a changing business environment. Zach Donah, president and chief executive of MassCPAs, stated, “Our report provides valuable insights for CPAs who are aspiring to take on top leadership positions.” The findings emphasize that while CPA credentials are foundational, candidates must develop a diverse skill set, including strategic planning and leadership, to thrive in executive roles.