Robert Half – Trends, Standards in Finance and Accounting
Report Finds Finance Function Costs Increasing as Talent Shortages Intensify
Survey From Robert Half, FEI Examines Trends, Standards in Finance and Accounting.
MENLO PARK, Calif., and MORRISTOWN, N.J., June 5, 2015 /CNW/ — Costs associated with the finance function are rising for many firms, according to a new survey of executives from finance and accounting departments at public and private companies in North America. The research found that at companies with revenues between $500 million and $999 million, the cost of the finance function as a percentage of revenue rose from 1 percent in 2014 to 2 percent in 2015. At companies with $1 billion to $4.9 billion in revenues, median costs grew to 1.4 percent from 0.9 percent in 2014.
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