The purpose of this page is to address topics relevant to the CFO function. Each month we will examine topics that are relevant to the success of your company. Should one be of particular interest to you, please feel to contact us and we can discuss it in depth.

Keep the Cash Flowing — March 2017

This post involves Treasury. The CFO is responsible for the Treasury function in most firms. Among the key duties of the treasury effort is cash management. Effective cash management is critical for a company , because effective deployment of cash is the lifeblood of the firm, its profitability, its growth, and hence its value. The […]

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Benefit From Process Optimization — February 2017

This post involves strategy. A key business concept that has become prevalent over the past few decades is Lean methodology, which is developing more efficient processes to reduce costs while providing premier customer service. Its development has been attributed to Toyota, and it now utilized world wide by large public companies like GE as well […]

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Be World Class — January 2017

This post involves Financial Management. An effective CFO can be very helpful to the entrepreneur by helping the company develop characteristics of a world class financial organization. These characteristics include, providing business analysis, focus on overall business performance, development of innovative solutions to business problems, ad-hoc analysis, and reduction of costs. This post will concentrate […]

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Accounting Alternatives for Small Enterprises –December 2016

This post concerns financial reporting. A key concern for users of a company’s financial is the accounting policies the company utilizes. For larger, established enterprises it is an easy call — GAAP (Generally Accepted Accounting Principles). For non-public and smaller companies GAAP can be quite onerous and costly. Fortunately, there are some acceptable alternatives which […]

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Make Sure The Price Is Right — November 2016

As we have noted in past posts, growth can often be achieved through acquisitions. In addition to business issues (market expansion; cost savings; and supply chain improvements) and legal issues (representations and warranties); an accurate valuation is a critical consideration. A key process in assessing the accuracy of the valuation is due diligence. In our […]

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Achieving Your Firm’s Strategic Vision — October 2016

This post concerns Strategy and Budgeting. Many successful firms owe a great deal of their success to the implementation of a sound strategic plan and achieving the related benchmarks and goals. While the CEO is responsible for the broader aspects of this effort such as vision, mission, and goals, the CFO can play an important […]

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Protect Against Risk – Hedging & Insurance – September 2016

This post is about internal controls Many CFOs, when asked about internal controls, speak of procedural and structural matters. These include fundamental internal control principles such as segregation of functions, reconciliations, and authorization procedures. Any good internal control system must have such policies and procedures in place. That said, internal control policies are also necessary […]

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Financial Management Improves Performance — August 2016

This post concerns financial management. The CFO plays a critical role in utilizing the firm’s financial data to provide useful information for effective management of the firm. The financial analysis of data is utilized in several ways. It can be used to facilitate business financial planning; for borrowing decisions; and for investment decisions. It is […]

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Forecasting as a Planning Tool — July 2016

This post involves budgeting and forecasting. Virtually every well run business forecasts its Income Statement in one form or another and calls it a budget. However, savvy managements also forecast the Balance Sheet. This effort adds rigor to the forecasts of income and forces management to thoroughly evaluate its plans and question the underlying assumptions. […]

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The Importance of Capital Structure — June 2016

This topic involves Treasury. As we have discussed in the past, Treasury efforts ensure the company has the liquidity necessary to function profitability, minimize the costs of financial transactions, and utilize the company’s cash in the most efficient manner practical. Other important Treasury functions include raising capital and the long term funding process. The CFO […]

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