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5 Reasons to Use Outsourced CFO Services

Women on Business

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Money-Making Job Opportunities in Accounting Career: Exploratory Guide

Strategy Driven

If you work in the field long enough, you can go from a staff accountant to an executive position such as a CFO. Chief Financial Officer (CFO). CFO is one of the end goal positions for all accountants. The position of CFO demands the most considerable expertise, maximum experience, and exceptional leadership skills.

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Samurai Bookkeeping

Tony Mayo

Years ago, while I was establishing myself in a new executive coaching practice, I supported my family by working as a part-time, outsourced CFO. Here is a reminiscence of a deep learning I earned during one of those accounting gigs. I sought help from my own coach with the very difficult [.].

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Why Everyone's Working So Hard

Marshall Goldsmith

Recently, in a conversation with the CFO of a blue chip company, I observed an example of the impact of this increased compensation. The CFO replied, "You are getting paid as much a partner in one of the top professional services firms. In the future, many more managerial and professional jobs will be outsourced.

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How Technical Debt Opens the Door to Cyber Attacks—and Steps to Protect Your Small Business

Strategy Driven

How would your CFO or CIO handle this? Look for opportunities to shed responsibility for patch management through outsourcing cybersecurity responsibility or utilizing cloud services that provide monitoring and patch management services. An excerpt is below. Adopt software and hardware that automatically detect and apply patches.

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How to deal with cyber-attacks: publicly or privately?

Strategy Driven

CFOs at public and private companies face different risks and pressures when it comes to cyber-security and disclosure, and exhibit divergent perspectives when it comes to preparation. Broadly speaking, public company CFOs are more likely to outsource cyber-security to third-party firms, while private CFOs tend to invest in in-house IT teams.

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Get Your Workers to Disrupt Their Jobs

Harvard Business Review

In 1992 the company was in cost-cutting mode, and, as former CFO Orry Fiume told me, it was consequently offering an early retirement package designed to reduce headcount. It also brought back work that had been outsourced. Protect the Downside — Demonstrate a Commitment to Continued Employment.