Two weeks ago, our team celebrated 1 year since the acquisition of The Strategic CFO. In the past 12 months, we’ve grown significantly in the number of team members and clients. In our meeting, I put the quote up on the screen… “Life is simple… People complicate it.” Everyone laughed because it is so true. As
See Also: How Does a CFO Bring Value to a Company? Chief Financial Officer (CFO) Controller vs CFO Adding Value as a Financial Leader Role of a Company Back Office The Role of the CFO (Chief Financial Officer) The role of the CFO (Chief Financial Officer) has been changing over the past twenty years. Originally,
Do you feel like you have the talent to be the best CFO you can be, but you aren’t sure how to develop the financial leadership skills you need to get there? If so, you’re not alone. Many financial professionals don’t know what is really expected of a CFO. But they are also don’t know
There’s a Houston Business Journal recently entitled “The evolving CFO: How the rise of the machines turned CFOs from number-crunchers into leaders”. In the article, the HBJ interviewed leading Houston-area CFOs about how their changing roles. Technological advances in finance and accounting are dramatically shifting and creating the evolving CFO. The Evolving CFO One of the
See also: Do you hire a CFO or a Controller? The Role of a CFO Controller vs Comptroller Chief Financial Officer (CFO) Controller Duties Controller vs CFO In order to fully understand the relationship between a Financial Controller vs a Chief Financial Officer (CFO), one needs to understand what the responsibilities of each are. The
See Also: American Institute of Certified Public Accountants – AICPA Accounting Fraud Prevention using QuickBooks Advisory Board Best Practices Are You Collecting the Data You Need to Run Your Business? How to avoid additional insurance premiums Chief Financial Officer (CFO) Definition The CFO, Chief Financial Officer, is the head of strategic accounting and finance functions
The Wall Street Journal published an article today highlighting the need for more CFO’s to be strategic in their view of both their role and the results expected of them. The WSJ has three main requirements for a CFO to be a “Strategic CFO“. Strategic CFO First, the CFO should be forward thinking not just
I once had a client who called his CFO a CFnO. He had had five CFOs in a seven-year period. He felt frustrated as they were always telling him why he couldn’t achieve the sales growth he wanted rather than helping him get there. As a result, he saw them more as an obstacle and
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