Before engaging the services of a consultant, most business owners and CEOs will want to learn as much as they can about the particulars of the client-consultant working relationship. This is especially important when engaging an outsourced CFO services provider, given how closely the CFO will be working with...
Engaging a CFO services firm is a big step for any company. It requires a serious commitment of resources, from both a financial and time perspective, so it’s not a step that a CEO should take lightly. As they weigh the costs and benefits of hiring a CFO services firm,...
As we discussed in an earlier article in this series, one of the first things a business owner or CEO should do before engaging a CFO services firm is establish a clear business case for doing so. The next step is to identify the areas of the business...
As we have been discussing in this series of articles, businesses that lack a high degree of financial sophistication can often improve financial management by engaging an outsourced CFO services firm. The potential benefits of bringing in a CFO services provider are many, including improved profitability, increased shareholder value, and...
Engaging an outsourced CFO services firm can result in many potential benefits for a company—especially one that doesn’t have a high degree of financial expertise on staff. This lack of high-level financial sophistication can keep companies from realizing critical goals like improving profitability and increasing shareholder value. A savvy CEO, however, will...
Businesses that lack a high level of financial expertise and sophistication sometimes turn to an outsourced CFO services firm to help them improve financial management. Such providers support CEOs and CFOs by delivering high-level financial capabilities to businesses that need them in order to achieve the key goals of...
With this article, we’re introducing a nine-part series on outsourced CFO services. Over the next several weeks, we’ll be addressing topics like when it makes sense to consider CFO services, the business case for doing so, what to look for in a CFO services firm, and the vast array...
There are times in the corporate world when standard auditing methods will not be sufficient. Sometimes, it becomes necessary to look deeper at records and employ full investigatory talents. In such instances, a forensic accountant becomes necessary. Forensic accounting integrates an individual’s standard accounting and auditing experience with investigatory skills to permit...
To maintain any kind of successful business, the accounting system is crucial. All businesses require an accurate, streamlined accounting system to provide them with the up-to-date financial information that drives all their daily decisions. An accounting system is a set of structured accounting devices, procedures and controls made operational with a...
In order to maintain a successful business, it is crucial to have not only an attractive product or services offering, but also be able to recruit and maintain a group of productive, qualified employees. There are many factors involved in reaching these goals, but often overlooked are competitive employee...