- Ways to Jump-Start Improvement in Your Accounting and Finance Team
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- There are various ways companies implement performance improvement measures. This article shares a number that you can use to improve the performance of your accounting and finance teams.
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Take Assessment Watch Video- CFO Talk: Data, Talent and the Chief Financial Officer with Sophia Matveeva
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- In this CFO Talk Sophia Matveeva addresses key questions CFOs have about the data profession. She begins by explaining how the roles in the data profession are defining data analytics and data science. She ends with advice on vetting the output of your data professionals.
- 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:
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
