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top-line growth and drive profit also plays a role in prioritizing
improvement not only through and ensuring that funding can
traditional cost-control methods be provided for the strategy.
but also through examples such as Finance skills are very important
product line / regional profitability to statistical modelling, study
analysis and industry peers of macroeconomic patterns and
benchmarking. integration of non-financial
information.
Controls:
In an increasingly global and
volatile environment with
additional regulatory burdens,
ensuring adequate risk assessment,
mitigation, and compliance with
applicable regulatory or other
legal requirements are often the
responsibility of the CFO. They
must comprehend risk through both
a commercial and a financial lens.
As the company implements its
plans and programs, they therefore
need to manage risk, as well as
maintain a strong internal control
system and financial reporting
procedures.
Strategy:
Supporting the development of
strategies and helping to enable
its implementation. The CFO
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