"It's not clear [that] you have to be a
CPA to be a CFO...A good CFO is
someone who knows when to bring in technical help, but
not necessarily someone possesses
all of it."
CFO Magazine,
August 2003
CFO-Level Services
Basic Business Concepts can help you in these capacities on a one-time or continuous basis depending on your needs:
Provide leadership on financial initiatives
Exercise and counsel management to use good financial judgment
Determine accounting and financial implications of potential strategic actions
Probe basic assumptions used to support company business model
Plan financially to adapt to new challenges - financial, industry-wide and operational
Create and implement financial models
Compile, analyze and extrapolate key data and trends from financial information
Improve company's financial resilience through sound financial planning
Assess all aspects of working capital
Budgeting
Company profitability
Product profitability
Determine and secure appropriate funding
Basic oversight of financial operations
Prepare revenue estimates
Facilitate relationships with outside financial professionals - accountants, lenders, pension administrators, investment advisors and other financial professionals
Monitor internal financial reporting to assure it accurately reflects the operation of the company