EisnerAmper and Private Funds Management Partner on “CFO 2.0 Report”
January 09, 2018
In-Depth Analysis of Issues Reshaping the CFO Function in Private Equity
EisnerAmper announces the release of “CFO 2.0: The New Frontier.” The role of the CFO has changed enormously over the last two decades as the private equity industry has developed. As such, the professionals at EisnerAmper and Private Funds Management (PFM) undertook a two-year survey of more than 150 private funds finance professionals.
The survey sought to define the role of today’s CFO amid greater disclosure demands, additional compliance requirements, increasingly complex U.S. and global tax reporting, and a steady stream of new regulatory requirements. The results of this in-depth analysis and research reveal the regulatory and technological issues that are reshaping the CFO function across the private equity funds industry.
“Today’s CFOs have ever-increasing responsibilities and varied roles,” said Simcha David, EisnerAmper Partner. “Thus, it becomes even more integral to work with advisors who understand all aspects of the private funds industry, so that the CFOs can properly execute these often-complex functions.”
“The survey results were quite informative and demonstrated the escalating pressure being placed on the back office,” added Anthony Minnefor, EisnerAmper Partner. “LP demands for enhanced reporting, including requests for data analysis and greater regulatory scrutiny, continue unabated with no end in sight.”
Receive your complimentary copy of this e-report at “CFO 2.0: The New Frontier.”