CFO Series 4 - Preparing for Growth

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  • Date/Time
    • Dec 6, 2021
    • Sign In: 7:45am (MT)
    • Program: 8:00am - 3:45pm (MT)
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  • Location
    • ISCPA Enrichment Center
      1649 W Shoreline Drive #202
      Boise, ID 83702
    • Map
  • Credits
    • 8.00
  • Credit Type(s)
    • Accounting (2.00)
    • Auditing (2.00)
    • Finance (4.00)
  • Prerequisites
    • Management experience


      Experience working with internal clients or external clients and business leaders

  • Vendor
    • The Knowledge Institute, LLC
  • Level
    • Intermediate
  • Fields of Study
    • Accounting & Auditing
    • Accounting
    • Business Management & Organization
    • Auditing
    • CFO Series
    • Finance
  • Message
    • 1/2 hour lunch included

Description

NEW EVENT

ISCPA's CFO Series provides a convenient, one-stop way for senior level financial managers and executives, CFOs and those who aspire to be CFOs, to choose multiple days 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.

This day of the CFO Series will focus on these four topics

  • Advanced Capital Budgeting for Effective Decisions
  • Optimizing Working Capital Management
  • Preparing for the Unexpected: Look at What has Happened
  • Closing Best Practices: Shorten Month-End

Designed For

  • This series is for people who are, or aspire to be, chief financial officers
  • The CFO Series provides extensive case study analysis and many opportunities for group discussion
  • The discussions will be most appropriate for people in medium-sized organizations - however, EVERYONE will gain from this day!
  • Objectives

    This series was designed:

    • With the needs of CFOs and senior financial managers in mind and is geared towards enhancing the skills you rely on.
    • To provide Financial managers and CFOs with ideas which will improve their company's business processes.
    • To make planning your 2021 CPE quick and easy.

    You do not have to register for the entire 2021 CFO Series...
    Each topic and each day stand on their 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!

    Registering for the entire series saves you $150! Click here to save

    Highlights

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

    Session 1:  Advanced Capital Budgeting for Effective Decisions

    2 Finance credits

    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.  

    Session 2:  Optimizing Working Capital Management

    2 Finance credits

    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.  

    Session 3:  Preparing for the Unexpected: Look at What has Happened

    2 Auditing credits

    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 don’t 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, discuss 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.

    Session 4:  Closing Best Practices: Shorten Month-End

    2 Accounting credits

    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 do not 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.  

    Advanced Prep

    • Download Manual
    • Review ISCPA Parking Map

    Register Now

    Or Attend Online

    Leaders

    Don Minges

    Don Minges

    Don Minges is a fractional CFO who worked in diverse industries at various stages of development. He has experience in profitability enhancement, strategic planning, venture capital, mergers & acquisitions, consulting, turnarounds, economic forecasting, cost accounting and financial analysis. Don has experience raising equity for several growing firms and has also invested equity capital into promising businesses. He has served on the Board of Directors of many firms. Mr. Minges graduated with highest honors from the Fuqua School of Business at Duke.

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