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Financial Risk Management: Small Business Advice from a CFO

CFO Share

Business owners focus mainly on reward (profit), which is easy to measure, while tragically few entrepreneurs look back on a month with low profits and say, “well, at least we managed our risks properly.” Despite the general preference to focus on profits, financial risk management is crucial to long-term success.

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Supporting finance teams' risk management processes

Future CFO

Providing support to an organisation's finance team is a must in intensifying the focus on risk management. In the Association of Chartered Certified Accountants' Rethinking Public Financial Management report, 73.4% of respondents believed risks to their organisations would increase in the future.

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What Is the CFO’s Role in Risk Management?

Beacon CFO Plus

By Rob Joseph, Director, BeaconCFO Plus The CFO wears many hats and among them is serving as the first line of defense against risk for your organization. Risk can mean something different for every company—as Warren Buffett famously said, “Risk comes from not knowing what you’re doing.”

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The New Role of CFOs in Real Estate: Building Value by Leveraging Risk Management

CFO News

In the dynamic realm of Indian real estate finance, CFOs are emerging as pivotal figures, transcending traditional roles to become "Chief Futuristic Officers." " Authoritative insights by Nitin Bavisi, CFO, Ajmera Realty & Infra India ltd illuminate their evolving mandate and strategic imperatives.

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Third-party risk management: Organisations redefining approach

Future CFO

When it comes to third-party risk management, organisations are redefining their approaches, with a focus on talent and strengthening the role of executive leadership on third-party risk management teams, said Deloitte recently when releasing results of a survey.

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The CFO, Digital Transformation and AI

Future CFO

Rangnath Deshpande According to Rangnath B Deshpande , CFO – ASEAN at IT services and consulting company DXC Technology , to be of benefit, organisations must identify where AI can be used, and they must understand how it can be of specific use to the business. The post The CFO, Digital Transformation and AI appeared first on FutureCFO.

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Social responsibility, inflation top worry list for risk managers

CFO Dive

Economic worries, social responsibility concerns and cybersecurity weaknesses topped the list of concerns for risk and compliance leaders facing an increasingly complex regulatory environment.