article thumbnail

What is a Virtual CFO? A Guide for Businesses

Michigan CFO

Understanding the Role of a CFO A CFO is a high-level executive responsible for overseeing the financial activities of an organization. Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team.

CFO 52
article thumbnail

What is a 12 Month Rolling Forecast?

CFO Share

Budgeting and forecasting are best practices in small business financial modeling. The 12-month (or sometimes 24-month) rolling forecast is the most important financial planning tool for your business. By using formulas to tie these accounts to revenue, they will be responsive to changing business conditions.

article thumbnail

Change Management: The Modern CFO’s Blueprint 

CFO Talks

By attending project meetings, participating in training sessions alongside team members, and being among the first to use the new system for financial reporting, the CFO not only shows a personal stake in the initiative’s success but also signals the importance of adaptability and continuous learning.

CFO 52