Table of Contents

 

Chapter 1 - Interim CFO Services - Adding Value to Your Clients Business. 7

Course Overview.. 7

What are the Responsibilities of the CFO.. 7

Who Needs an Interim CFO?. 7

Marketing Interim CFO Services. 7

Suggested Steps to Approaching the Interim CFO Role. 8

Understand the Business. 8

Review of Tax returns. 9

Disbursements to Vendors. 9

Meet People and Develop a Relationship. 9

Develop a Relationship with Subject Matter Experts. 10

Evaluate Internal Controls. 10

Fraud Uncovered During Review of Account Reconciliations. 11

Accounts Payable Controls Missing. 11

A Case Study on the Importance of Internal Controls. 12

Evaluate the Timeliness of Financial Information. 17

Understand the Analytical Needs of the Business. 19

Applications Submitted, No Business. 20

Unprofitable Customers. 20

Be prepared to Update Forecasts. 21

Summary. 21

Chapter 1 Review Questions. 22

Answers to Review Questions. 23

Glossary. 25

Index. 26

Final Examination. 28

CPASelfstudy.com Course Evaluation. 29