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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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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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A Practical Guide for the New CFO

CFO Talks

Understand and Mitigate Risks: A CFO must have a comprehensive understanding of the various risks the company faces, including operational, financial, and strategic risks. This involves developing risk management strategies to prevent or mitigate potential adverse impacts on the company.

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INTL FCStone Mitigates Brexit Risk With FX Takeover

PYMNTS

INTL FCStone , a risk management and advisory service provider for players in the financial industry, announced a new acquisition to strengthen its small business foreign exchange and hedging offering. The company said in a press release Monday (Jan.

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Key Insights from the IMF Global Financial Stability Report

E78 Partners

For nonbank financial institutions (NBFIs), it is essential to close data gaps, incentivize proper risk management practices, and intensify supervision. Prudential rules should ensure that banks hold capital for interest rate risk and guard against hidden losses that could materialize abruptly in the event of liquidity shocks.

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CFOs: Be aware of nine security trends

Future CFO

There are nine security trends that CFOs need to be aware when working with CISOs and security and risk management leaders. Security and risk management leaders must encourage active board participation and engagement in cybersecurity decision making,” said Addiscott.

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Restructuring Compensation And Roles To Align For Growth

CFO News Room

Cean: No, we usually want to make sure that we’re hitting on risk management, so we look at insurances. And the four pillars are the financial plan, risk management, so just checking all their what-if scenarios that something…a husband dies, wife dies, long-term care, disability. Cean: Yeah. Pause there.