In October 2013, IFAC issued a discussion paper on The Role and Expectations of a CFO. The paper featured five principles that highlighted the changing expectations, scope, and mandate of the CFO and finance leadership roles and recommended what action professional accountancy organisations and employers can take to prepare professional accountants for career progression to finance leadership. This discussion paper is designed to stimulate a global debate on preparing accountants for finance leadership roles, including CFO. ISCA welcomes the opportunity to provide comments to the discussion paper, in particular, to the five questions set out in the paper. Of note, the discussion paper is timely, and complements the recent efforts which ISCA has undertaken to better serve the needs of CFOs and senior finance professionals among the Institute’s membership. The Institute’s response was established through our research surveys, forums and consultation with our members including our CFO Committee, which comprises eminent CFOs. With over 28,000 members making their stride in businesses across industries in Singapore and around the world, ISCA is committed to equip our finance professional members with the knowledge and resources to effectively perform and better meet the demands of their roles. Of particular note, the Institute is proud to have more than 6,200 CFOs and senior finance professionals among its membership. Please click here to read the full comment letter.