- Don’t be Vulnerable - Properly Assess the Risks in Your Business
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- In my recent article, “Balancing Act: Do You Have Too Many Controls, or Too Few?”I summarized the COSO framework for managing risk. In this article, I dig deeper into the assessment side of managing risk.
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- One of our core duties as stewards of corporate resources is deciding how to deploy our company’s capital. Building and maintaining an asset portfolio and corresponding financing package that aligns with the ongoing mission of the company takes thoughtful preparation and analysis. Developing the standards, processes and tools that support long term, strategic decision making is an important step in achieving this rigor.
- Actively Managing the Pre-Acquisition Process in a Private Equity Transaction - Part I
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- In this article Larry is speaking directly to Private Equity General Partners from his perspective as the CEO of numerous PE backed companies. These concepts are important for incumbent CFOs to grasp; first, to learn how to survive in a PE backed company and, second, to learn how to help make a PE backed company thrive. PRIVATE EQUITY INVESTMENT CONTINUES TO EXPAND, WITH INCREASING NUMBERS OF INVESTORS LOOKING TO REALIZE ABOVE-AVERAGE RETURNS. But the pre-acquisition stage can be extremely challenging, especially for general partners who will be actively involved in growing the company to achieve the expected returns.
Governance & Controls – structure and controls.
Transaction Recording – systems, transaction processing and closing the books.
Reporting - efficient, timely and accurate information for decision making and meeting compliance requirements.
Accounting
Business Planning - provide the financial roadmap for the company with supporting analytics.
Financial Forecasting - integrate the company’s current performance relative to budget with the real-time business environment.
Investment Analysis - the framework to analyze new opportunities as they present themselves.
Finance
Cash Management - the discipline to ensure cash is available to operate the business normally.
Funding - Planning for and raising funds to meet the needs of the business.
Risk Management – Identification and mitigation of key business risks.
Treasury
Self-Awareness - Internal.
Team Building - External.
Strategy & Culture – Motivate people to follow you.
Leadership
Four Pillars of Executive Expertise
CFO.University is built around the Four Pillars of CFO Success. These Pillars are supported with Core Competencies. Our framework allows you to master your role as a senior financial officer. The Four Pillars are made up of:
Accounting – Governance & Controls, Transaction Recording and Reporting
Finance – Business Planning, Financial Forecasting and Investment Analysis
Treasury – Cash Management, Funding (Capital Raising) and Risk Management
Leadership – Self Awareness, Team Building and Strategy & Culture
