- Get Your Budget Right (the First Time)
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- A budget done right is a roadmap to the future. Many new and growing businesses aren’t aware of how much detailed work is involved in preparing the data. It’s a lot of effort, but having an accurate plan for the coming year is essential to your company’s success. Here are our top tips for making a budget that will work for you:
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Take Assessment Watch Video- CFO Success Series: Managing Key Resources
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- To build our future we must invest in the present. Not long ago I had a conversation with colleagues about the value of an audit. It made me reflect on how the really good financial leaders I know surround themselves with the skills they need before they need them. They are rarely at a loss for quickly getting great advice on a topic critical to their team’s success If they don’t require a key skill full time they tap into advisors they can count on to deliver what they need.
- Professional Development for Accounting and Finance Leaders
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- CFO.University polled accounting and finance leaders to understand how they are approaching professional development (PD) and what the future of PD looks like. Over 80% of the respondents are leaders in industry with nearly 20% being leaders of professional service practices. Let’s jump right in.
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
