An FD’s role contains an inherent conflict of interest according to a new book Corporate Governance by Kathryn Vagneur.
In most organisations all financial information is designed, collected, worked through, analysed, interpreted and presented by the FD and his – or her – department.
It’s Vagneur’s belief that this joint responsibility for recording and presenting of the numbers can provide an irresistible temptation to ‘spin’ the data so that it presents the organisation and its management in the best possible light.
See full Article. Also see her course summary at Edinburgh Business School, at Heriot-Watt University.
Posts
