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CFOs in Asia-Pacific optimistic on regional economic outlook, survey says

Future CFO

Chief financial officers in the Asia-Pacific across various sectors such as financial services, life sciences and health care, manufacturing, public sector, TMT, energy and resources, and consumer business are generally optimistic and neutral about the regional economic outlook.

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Cost pressure amid global economic shifts: Smaller businesses’ top concern

Future CFO

Cost pressure amid global economic shifts has become a top concern for 58% of SMEs as they also face workforce challenges, said ACCA recently when releasing results of a survey. “As This significant challenge underscores the need for effective cost management and innovative financial strategies.

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How Outsourced CFOs Help Small Businesses Avoid Financial Crisis

CFO Share

In the volatile world of small business financial management, staying afloat amidst economic fluctuations can feel like sailing into a perfect storm. CFO responsibilities extend beyond mere bookkeeping; they encompass financial planning, record-keeping, financial reporting, and risk management.

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How CFOs can stay attuned to evolving market trends

Future CFO

Chief financial officers in 2024 will find themselves caught in the middle of geopolitical shifts and evolving economic landscapes, calling in the need to anchor themselves in core financial processes and fundamentals. The year 2024 sees a strategic focus on robust cost management, cash flow optimisation, and liquidity planning.

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Cash Flow Management: Key Steps

Spreadym

Emergency Fund: Maintain a cash reserve or emergency fund to cover unexpected expenses or economic downturns. Inventory Management: Keep inventory levels in check to avoid tying up excess cash in unsold goods. Capital Expenditure Planning: Plan capital expenditures carefully and align them with your business's cash flow capacity.

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The five challenges facing CFOs in a deadweight economy

Future CFO

According to the advisory firm, CFOs now contend with tepid demand growth, stubbornly higher costs and constrained access to capital, making it harder to sustain the corporate performance stakeholders have come to expect. The firm characterises this combination of headwinds as the deadweight economy.

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OPEX in Financial Analysis

Spreadym

These expenses include items like salaries, rent, utilities, marketing expenses, administrative costs, and other overhead expenses required to maintain operations. OPEX in Financial Analysis Analyzing OPEX is essential because it provides insight into a company's operational efficiency and cost management.