Report-back from the 49th IAFEI World Congrees:

The 49th CFO World Congress was recently hosted in Italy. SAIBA is a member of the world CFO organisation and attended the event in the small town of Matera, southern Italy. And with the Springbok’s World Cup Rugby win as background, it provided a new perspective about how we can turn around the fortunes of the country we love. South Africa.

If you have not yet watched the acceptance speeches of Siya and Rassie, do so now.

The Boks were nowhere 18 months ago but Siya and Rassie became stronger together. They started to co-ordinate the players and Unions to focus on a single goal. But more than this and the real key was to make the players face the reality of individual responsibility. They stopped talking about making things better and started making things better. Each player just focused on what he had to do. No entitlement, no blame-game, no politics.

And this brings us to the theme of the CFO World Congress. Read more on Accounting Weekly.