Tag Archives: southern california

Procurement Cards

Procurement cards – or P-cards – are essentially corporate credit cards employees can use to buy designated products and services without going through the company’s purchasing department to meet pre-approval procedures and paperwork requirements.   This CFO Edge article…  Procurement Cards … Continue reading

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Why Would a CFO Hire a CFO?

During periods of organizational transition or when faced with challenges that require specific expertise or additional capacity, many CFOs bring in an outside CFO. Leading chief financial officers understand that contracting for advice or support is both a sign of … Continue reading

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CFO vs. Controller: Understanding the Differences

Many growing organizations do not have a clear understanding of the differences between the CFO and the Controller, and they often overlook the value that a CFO can bring to their businesses. A closer look at the skill sets and … Continue reading

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Audit Preparation: A Formula for High Return on Audit Investment

If your next audit were a stock you held, how would you characterize the return you’d like to see? You might say high RO(A)I—Return on Audit Investment—would include timely completion, fees in line with expectations, as well as an accurate … Continue reading

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Revisiting Sarbanes-Oxley Compliance

The Sarbanes-Oxley Act (SOX) has brought major changes to the regulation of financial reporting and corporate governance practices. While SOX requirements may seem burdensome, time-consuming and costly – especially when organizations are first developing systems and processes for assessment and … Continue reading

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Reinventing Your Company for Long Term Growth

At a time when many companies are just beginning to see positive signs of economic recovery, this new CFO Edge article… Reinventing Your Company for Long Term Growth …pushes us to consider and plan for the future. Change is the … Continue reading

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Negotiating Fair Financial Covenants

Slow economic recovery, tight credit, and upcoming changes to accounting principles are making successful financial covenant negotiation more important than ever. Financial covenants establish benchmark metrics that can ensure a company stays healthy. If the requirements are too stringent or … Continue reading

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Traditional Budgeting vs. Beyond Budgeting: Three Core Differences

A new CFO Edge article… Traditional Budgeting vs. Beyond Budgeting: Three Core Differences …compares the traditional budgeting process to the Beyond Budgeting strategy and contrasts them in the following three areas: Management style: command and control vs. empower and coach Seat … Continue reading

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IFRS vs. Convergence: Three Findings & Three Actions to Take Now

A new CFO Edge article looks at actions that can be taken now to prepare for the Securities and Exchange Commission’s ruling on implementation requirements for International Financial Reporting Standards (IFRS). It is expected that the SEC will issue its … Continue reading

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How long should you hold on to business records?

How long should you hold on to business records? Download this suggested business record retention schedule that identifies over 150 types of business documents and recommends how many years you should retain them. CFO Edge Business Record Retention Schedule A … Continue reading

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