Retaining and attracting the right talent has emerged as a critical challenge for businesses over the coming year, according to Irish CFOs taking part in Deloitte’s biannual Europe-wide survey benchmarking 15 countries.

Only a third (32%) of CFOs are forecasting an increase in revenue over the next 12 months – down from 61% in mid-2022.

Despite the increasingly uncertain economic signals, 72% of CFOs believe that upskilling their workforce is one of the biggest investment opportunities for the year ahead

While recognising the importance of sustainability for employees, just 37% of CFOs see climate change as a risk to their business in the next 12 months, although the survey identified concerns about finding the resources to handle sustainability reporting requirements.

More information

Listen on demand to the Accounting for the Future conference sessions on green finance skills, the role of accountants in sustainability reporting and upskilling for sustainability assurance

Read our article about developing green finance skills

Find ACCA and CFA Institute's CPD module on climate finance

See also the AB article looking ahead at global developments expected in 2023