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Part-Time CFO: A Viable Option to Hiring a Full-Time CFO

 
  Arthur F. Rothberg, Managing Director, CFO Edge, LLC  
   
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  Article Summary  
Frequently overlooked when hiring a first full-time CFO to take a company public is the requirement for all previous accounting and statements to be accurate and comprehensive.

If accounting and statements are not impeccable, they must first be made so before the company or a first CFO can move forward on IPO-related financials.

Discussed in this article is a Wall Street Journal story of how a first full-time CFO hired to take a firm public initially had to address neglected finance basics due to missing financial expertise and processes.

An efficient and cost-effective solution is for the executives leading the company to bring in an on-demand CFO to review all financial information and reporting – and then implement best practices to make accounting, statements and other reporting accurate, comprehensive, timely and actionable for an IPO or other initiatives.

  Open as PDF Open the entire article as a downloadable PDF (No form completion is requested.)  
     
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