Online-Live
CFO Series: Preparing for Growth (2 Consecutive AM Sessions)
Monday, March 14, 2022 - Tuesday, March 15, 2022 | 8:00 am - 11:30 am
Course # 127071 | by Executive Education Inc.
Members SAVE $150
$299.00
Member
$449.00
Non-Member
Speakers: Richard A. Karwic
Time: 8:00 am - 11:30 am
Total Credits: 8.0
Earn Up To: 4.0 AA, 4.0 OT credits
Level: Intermediate
Vendor: Executive Education Inc.

What you will learn

This CFO Series day focuses on issues relating to growing organziations.

Description

The CFO Series provides a convenient, one-stop way for CFOs and those who aspire to be CFOs, to an entire year of CPE with a single decision. Each day consists of an expert leading discussions about four different topics. The CFO Series features high-quality presentations and an interactive, executive level colleague-to-colleague approach with case studies, group discussions, and team exercises. Each topic and each day stands on its own. If you are not sure about making a multi-day commitment, sign up for just a single day. We think you will come back for more!

PRICING DETAILS
Register early to take advantage of the best price! Please note, discounted pricing is already reflected in the online price. No promo code is needed.
Through February 14: $299 MICPA Members / $449 Non-Members
February 15 - February 28: $319 MICPA Members / $469 Non-Members
March 1 - March 14: $339 MICPA Members / $489 Non-Members

Prerequisites:
Management Experience

Advanced Preparation:
Corporate finance experience is helpful

Advanced Capital Budgeting for Effective Decisions

Since we operate in a dynamic, ever-changing market, why do we typically use static capital budgeting models? Traditional, static models are not enough. An integrated capital budgeting approach will result in greater overall returns and stronger impact to the bottom line.

  • Identify impacting working capital level
  • Describe policies associated with working capital management
  • Ten ways to collect your money
  • Make AP a tool to enhance our Supply Chain’s potential
  • Use benchmarking metrics to manage and track the effectiveness of AR and AP in cash management

Objective: Understand how to develop capital budgets in a growing company environment.

Optimizing Working Capital Management

Cash is “King”, but it does not manage itself. This session will explore short-term, mid-term, and long-term cash management techniques and attempt to answer these issues:

  • How can we shorten the cash conversion cycle?
  • How can we use technology to improve receipts?
  • How working with vendors and customers can help cash management efforts.
  • How working capital loans depend on our collateral and overall debt capacity.
  • How banks and other lenders fit into our long-term cash and capital needs.

Objective: Gain new ideas for managing your organizations working capital.

Preparing For the Unexpected: Look at What Has Happened!

Recently we all have experienced dramatic changes in business, society, and life. Were we really prepared? Have you ever heard the phrase, "What you don't know can't hurt you"? Nassim Nicholas Taleb, in his book The Black Swan, postulates that it is exactly what we do not know that can hurt us the most. The risks we need to be most concerned about are the risks we cannot identify or predict. Taleb calls these risks "Black Swans." This session will discuss some historical black swan events, understanding the biases that we all have, how statistics and heat maps can lead us to incorrect conclusions, and, more importantly, disucss how financial professionals and their organizations can prepare for a future we cannot even envision.

Objective: Understand how to better prepare for an uncertain future and minimize risk.

Closing Best Practices: Shorten Month-End

Surveys show that the average North American company completes its monthly financial statement closing in six days. However, some companies can close their books in one day or less. You don’t have to sacrifice accuracy for speed. This session will show you how to close month-end faster, better and cheaper.

Objective: Understand how to perform your month-end closing faster, better and cheaper.

This series is for people who are, or aspire to be, chief financial officers. We target the discussion to people in medium-sized organizations.

 

  • Accounting
  • Auditing
  • Finance
  • Richard A. Karwic
MICPA delivers the highest quality education experience. If you are not satisfied with your course, call us at 1.855.594.4273. We will make it right.