- Book of Secrets for the Month-end close
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- In the turbulent and dynamic economy businesses face today one things remains constant; the need to increase efficiency and decrease the cost of day-to-day operations. CFOs and CAOs from organizations large and small are undertaking transformation initiatives and challenging their team to become faster, leaner and more scalable. Particularly when it comes to routine and recurring activities such as the month-end close, the demand is at an all-time high.
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Take Assessment Watch Video- What Area of the Income Statement is Top of Mind for You in 2022?
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- To help CFOs and other finance leaders navigate the uncertainty and change looming in the economy we started our series, What is Top of Mind for You. Part I dealt with the balance sheet, What Area of The Balance Sheet Is Top of Mind For You? In Part II, we tackle the income statement. We polled finance leaders with this question “What area of the Income Statement is top of mind for you in 2022?”
- Follow-up Is the Power in Leadership
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- Enjoy this series of shorts on Leadership from Jim. I know, the title is clumsy…but it got your attention. That’s the problem: following up, the power in leadership, is a plain, quiet skill languishing in the shadow of strategy and starting. Strategy is sexy and fun. It’s the subject of endless articles, videos, and debate. It’s what CEOs are supposed to do, according to folks who’ve never been a CEO. Strategy is vital when it’s time, but most of the time (years, actually) it’s not on the table, and looking at it sooner qualifies as pulling up the plant to see how its growing.
Governance & Controls – structure and controls.
Transaction Recording – systems, transaction processing and closing the books.
Reporting - efficient, timely and accurate information for decision making and meeting compliance requirements.
Accounting
Business Planning - provide the financial roadmap for the company with supporting analytics.
Financial Forecasting - integrate the company’s current performance relative to budget with the real-time business environment.
Investment Analysis - the framework to analyze new opportunities as they present themselves.
Finance
Cash Management - the discipline to ensure cash is available to operate the business normally.
Funding - Planning for and raising funds to meet the needs of the business.
Risk Management – Identification and mitigation of key business risks.
Treasury
Self-Awareness - Internal.
Team Building - External.
Strategy & Culture – Motivate people to follow you.
Leadership
Four Pillars of Executive Expertise
CFO.University is built around the Four Pillars of CFO Success. These Pillars are supported with Core Competencies. Our framework allows you to master your role as a senior financial officer. The Four Pillars are made up of:
Accounting – Governance & Controls, Transaction Recording and Reporting
Finance – Business Planning, Financial Forecasting and Investment Analysis
Treasury – Cash Management, Funding (Capital Raising) and Risk Management
Leadership – Self Awareness, Team Building and Strategy & Culture
