The report Impact of COVID-19 on financial function, developed by the Institute of Management Accountants (IMA) and based on a study involving accounting and financial professionals, analyzes the impact of the pandemic on the financial functions of organizations worldwide. It describes the impact of the pandemic on revenue and number of employees, on the priorities of the financial function, on the areas in which financial professionals plan to develop and on the issues related to retraining. Among other things, the study found that the US had a lower reduction in company-level staff than the Middle Eastern states, and many respondents said they faced a reduction in compensation received from the employer as a result of the conditions. created by the pandemic.
More information, here.
