CFO Series Preparing for Growth WEBCAST

Overview

Advanced Capital Budgeting for Effective Decisions, 2 Finance credits, Since we operate in a dynamic, ever-changing market, why do we typically use static capital budgeting models? Traditional, static models are not enough. An integrated capital budgeting approach will result in greater overall returns and stronger impact to the bottom line. Optimizing Working Capital Management, 2 Finance credits, Cash is “King”, but it does not manage itself. Making Internal Audit an Asset for the CFO, 2 Auditing credits, Sarbanes Oxley (SOX) created a specific deliverable for Internal Audit causing many CFO’s to underutilize this important resource by not focusing on the other areas where Internal Audit can improve controls and productivity and reduce cost and risk. Closing Best Practices: Shorten Month-End, 2 Accounting credits, Surveys show that the average North American company completes its monthly financial statement closing in six days. However, some companies can close their books in one day or less. You don’t have to sacrifice accuracy for speed. This session will show you how to close month-end faster, better and cheaper.

Highlights

Identify impacting working capital level, Describe policies associated with working capital management, Ten ways to collect your money, Make AP a tool to enhance our Supply Chain’s potential, Use benchmarking metrics to manage and track the effectiveness of AR and AP in cash management, How can we shorten the cash conversion cycle? How can we use technology to improve receipts? How working with vendors and customers can help cash management efforts. How working capital loans depend on our collateral and overall debt capacity. How banks and other lenders fit into our long-term cash and capital needs. Overlooked benefits your Internal Audit function can provide; Developing finance personnel Broadening finance staff assignments , Creating guest auditor rotations to develop and share best practices, Improving operational auditing, Enhancing compliance auditing, Creating third party auditing process to ensure outsourced risk is managed, Driving a culture of control.

Prerequisites

Management experience.

Designed For

This series is for people who are, or aspire to be, chief financial officers. We target the discussions to people in medium-sized organizations.

Objectives

Understand how to develop capital budgets in a growing company environment. Gain new ideas for managing your organizations working capital. Gain insights into how internal audit can become an asset for the CFO. Understand how to perform your month-end closing faster, better and cheaper.

Preparation

NONE