Category Archives: Outsource CFO

4 Things Your CPA Wishes You Knew

  Your accountant is like your physician for your finances. He or she can only do so much with things that have already occurred, but when consulted about future events (i.e. “I’m thinking of running a marathon next year – is there anything I should be concerned about?”), they may have helpful advice that may…

2011 Year End CPI Update

On December 16th, the Bureau of Labor Statistics, posted the change in Consumer Price Index (CPI) in the past 12 months. Overall, the index has increased 3.4% before seasonal adjustment. The obvious driver in the increase has been energy cost, although a sharp decrease was seen in October. The index for all items less food…

Virtual CFO At Your Service

A new style of accounting is taking the reins in both small business settings and corporate America. Virtual CFOs are replacing in-house accountants at a steady rate and for good reasons. While company accountants are responsible for recording past transactions and current financial statements, outsourced CFOs take on more progressive, forward thinking tasks. As experienced…

Increased CFO Responsibilities

Tough economic times are hitting CFOs according to a recent Accenture survey.  Small businesses are reevaluating their job descriptions and opening up their financial duties to new thought. These managing projects and additional responsibilities have been added to 80% of surveyed CFOs: Information technology Strategy and business development Human resources Risk and customer service Procurement…