A new study from Robert Half and Financial Executives Research Foundation (FERF), the research affiliate of Financial Executives International (FEI), provides insight into professional standards across the finance function, including the average size of finance departments, hours worked and technologies used. The fourth annual report, Benchmarking the Finance Function 2013: The Inner Workings of Accounting and Finance, focuses on six key areas: workforce management, accounting operations, financial systems, sourcing, internal controls and compliance. The results are based on a survey of the finance departments of nearly 200 public and private companies in the United States and Canada.
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