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The Value of Financial Forecasts for Business Planning

CFO Share

In the whirlwind of being a small business owner, you may feel too overwhelmed to take time for forecasting, but building a financial forecast is not just an advantage—it’s a necessity for survival and growth. For businesses operating in the global market, currency risk can significantly impact costs and revenues.

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Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

CFOs can lead the way in exploring and implementing new technologies, such as blockchain for secure transactions or digital currencies for new payment ecosystems, positioning their companies at the forefront of industry innovation. Balancing Risk and Reward: CFOs must adeptly balance the risk inherent in innovation with the potential rewards.

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Musings on Markets: Data Update 1 for 2022: It is Moneyball Time!

CFO News Room

After all, we get our restaurant choices from Yelp reviews, our movie recommendations from Rotten Tomatoes, and we have even built crypto currencies around the notion of crowd-checking transactions. Don’t get me wrong! I was a believer in big data and crowd wisdom, well before those terms were even invented.

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Data Update 1 for 2022: It is Moneyball Time!

Musings on Markets

After all, we get our restaurant choices from Yelp reviews, our movie recommendations from Rotten Tomatoes, and we have even built crypto currencies around the notion of crowd-checking transactions. Don't get me wrong! I was a believer in big data and crowd wisdom, well before those terms were even invented.

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In Search of Safe Havens: The Trust Deficit and Risk-free Investments!

Musings on Markets

I was reminded of that paper a few weeks ago, when Fitch downgraded the US, from AAA to AA+, a relatively minor shift, but one with significant psychological consequences for investors in the largest economy in the world, whose currency still dominates global transactions.

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Data Update 1 for 2021: A (Data) Look Back at a Most Forgettable Year (2020)!

Musings on Markets

First, all value numbers (like market capitalization, debt or revenues) that I aggregate or average will be converted into US dollars to ensure currency consistency. First, all value numbers (like market capitalization, debt or revenues) that I aggregate or average will be converted into US dollars to ensure currency consistency.

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Country Risk: A July 2023 Update!

Musings on Markets

One is curiosity , as political and economic crises roll through regions of the world, roiling long-held beliefs about safe and risky countries. S&P, Moody's and Fitch, in addition to rating companies for default risk, also rate governments, and they rate them both on local currency debt, as well as foreign currency debt.