Financially Simple

In episode 120 of Financially Simple, Justin continues his deep dive into a Best-in-Class Finance Department looking at the role of a CFO/CPA. Many small and middle-market businesses may only have a single bookkeeper, or the owner does their best to handle the various tasks of budgeting, payroll, and accounts. Justin examines the roles of a CFO/CPA within a business, the qualities required of a capable CFO, and how those qualities may vary depending on what stage a business is in. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! ARTICLE TRANSCRIPT: BLOG: Why Every Business Needs a CFO to Reduce Business Risk TIME INDEX: 00:28 - The Role of a CFO/CPA 01:17 - Most Small Businesses Only Have One Individual to Handle it All 02:49 - The Four Different Areas of a CFO 03:48 - 1. Treasury 04:22 - 2. Tax 04:42 - 3. Accounting 05:10 - 4. Finance 07:19 - The Four Faces of a CFO 07:45 - The Strategist 07:58 - The Operator 08:12 - The Steward 09:22 - The Catalyst 12:21