Last week Bank of America Merrill Lynch released the full results from its 13th annual CFO Outlook Survey. Below please find highlights regarding the key findings, along with a link to the full report, a press release on the findings and link to a webcast on the survey which includes a roundtable discussion with David
Blog CFO has recently been identified as a top social media resource for CFOs in American Express’ Inside Edge: “Blog CFO – This active blog…targets small and mid-sized company finance executives and is best known for its weekly news roundup. The blog’s list of related links is especially noteworthy.” We thank you, the readership, for
An article in todays’ Wall Street Journal highlights how banks tighten credit standards across the country’s banking community. The author cites interviews with bankers indicating a change in the amount of risk that lenders are willing to take. Later in the article the author cites sources that say they haven’t seen a credit crunch. So
During a downturn in the economy the overriding goal of the Chief Financial Officer and management team is to defend the bottom line or profitability of the company. At a minimum you should achieve break even. The economy ebbs and flows like the tide. During the good times a company should generate profits and pay
When I started out in public accounting in the late 70’s I remember working with green bar paper, IBM 36 computers and having to foot computer reports because you couldn’t trust them to add correctly. As a new hire, you had to prove your proficiency with a 10-key adding machine before you were sent into
Most accountants are trained to identify problems. In fact, as a professional, they excel at identifying problems and minimizing risks. Two excellent examples of this skill is the audit and tax compliance areas of public accounting. What an Entrepreneur Wants From a CFO/Controller Entrepreneurs are looking for something more from their CFO/Controllers. They take risks
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