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Understanding the Importance of Financial Modeling: Should You Build a 3-Year Model?

CFO Selections

“How do you build a three-year financial model?” A financial model is a type of financial projection that pulls together important data to allow organizations to analyze their current financial position and predict their future financial position. It’s a question we get (and answer) a lot.

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Interest rates and the Modern CFO

CFO Talks

The decision to maintain interest rates underscores the importance of astute risk assessment. Financial Planning and Analysis: Forecasting and analysing financial trends are fundamental skills for today’s CFOs. When interest rates remain steady, CFOs must meticulously review their financial projections.

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How a Fractional CFO Can Transform Your Financial Strategy!

CFO Network

How a Fractional CFO Can Transform Your Financial Strategy! A solid financial strategy is the key to success in the fast-paced business world. It’s not just about making money; it’s about managing it efficiently. One way to achieve this is by bringing a Fractional CFO (Chief Financial Officer) to your team.

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What is a Virtual CFO? A Guide for Businesses

Michigan CFO

In today’s ever-evolving business landscape, the role of the Chief Financial Officer (CFO) has become crucial for effective financial management and decision-making. However, not all businesses have the resources or the need for a full-time, in-house CFO. This is where virtual CFOs come into play.

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Finance and GenAI: managing risks and adding value

Future CFO

Gerry Chng , Risk Advisory Executive Director at Deloitte Singapore , sees that one of the key uses of Generative AI is the ability to create synthetic data to augment existing data points in a more cost-effective manner, which in turn makes it easier to conduct financial modelling and risk analysis.

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Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

Beyond the Basics: 7 Key Focus Areas for New CFOs 1. Introduction to the Evolving Role of the CFO In our previous discussion, we outlined the critical first steps a newly appointed CFO should take to establish a solid foundation within their organization. Activities that directly impact these objectives should take precedence.

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POV: Why cybersecurity matters to the CFO and vice versa

Future CFO

Furthermore, the risks and the costs of a cyber incident were difficult to quantify and present in financial models. What is changing for CFOs, is they are starting to think of cyber resilience in terms of underpinning and, most importantly, protecting often substantial digital transformation investments. Phillip Ivancic.

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