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The CFO's Role in Preparing for Upcoming Economic Storms

Focus CFO

Businesses that have an embedded in-house Chief Financial Officer understand the pivotal role the CFO plays in proactively preparing the business for, and guiding it through, economic and market storms. While we are now mostly through that storm, new economic storm clouds are on the horizon. But that relief will be temporary.

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Key Insights from the IMF Global Financial Stability Report

E78 Partners

Today’s global financial landscape is fraught with high inflation, geopolitical risks, and a shifting economic environment. In addition, emerging geopolitical tensions have increased the potential for economic and financial fragmentation, posing risks to cross-border capital allocation and global financial stability.

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Cash in times of crises: Lessons from 2020-2022

Future CFO

“This was addressed through the institution of daily cash monitoring and management. The Group also completed a successful restructuring which helped to strengthen its financial and cash position,” she added. She also cited regaining financial institutions’ confidence in the Group post-restructuring as another challenge.

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Recognizing the Right Time to Enlist an Interim CFO for Your Business Success 

E78 Partners

Recognizing the Signs: When to Consider an Interim CFO Business Transformation: If your company is undergoing a significant transformation, such as a merger, acquisition, or restructuring, an Interim CFO can navigate complex financial matters, assess risks, and ensure smooth transitions.

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Budget Preparation Process: Full Step Guide

Spreadym

It's important to note that the budget planning process should be flexible and adaptive to changing economic conditions, industry trends, and internal developments. Risk Management: Identification and assessment of risks, such as credit risk, market risk, and operational risk, should be factored into budgeting to ensure financial stability.

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Restructuring Compensation And Roles To Align For Growth

CFO News Room

Because the economics of profitability start showing up particularly when you’re starting to hire other advisors and staff and team. Cean: No, we usually want to make sure that we’re hitting on risk management, so we look at insurances. And the reality is just no one really trains us to do this. Cean: Yeah.

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CFOs: The five trends that’ll change business over the next decade

Future CFO

Medium term: Remote working will boost regions around global economic hubs as firms shed more than a quarter of their city-center office space. Medium term: Corporate social responsibility, sustainability, and climate risk will become part of the overall business supply chain agenda and strategy.