We have a client whose accounting activity functioned for years under the direction of non-accounting management, not uncommon among smaller privately owned companies whose limited resources often put accounting last on the shopping list. In this case, as we began...
I’ve been reading headlines recently about newly hired CFOs at several large companies. Some eye openers to be sure: PayPal delivered a package worth $6 million to their new financial guy. Walmart threw in a $5 million signing bonus, Pfizer paid their new CFO $5...
In the job of managing a company, the owner/CEO has many tools available to help decide when a department is functioning effectively or not. Some are easier to use than others. Managing the sales department may be among the easiest, because you have sales numbers to...
When someone uses your registered trademark without permission, it’s important that you challenge that activity, and police illegal uses of your valuable marks. Otherwise you risk losing the right to it. That’s one way of abandoning your rights to your...
Sounds like a no-brainer question, right? You’re the CEO, you run the company, you should choose your financial right arm. And mostly that’s what happens. But there is a trend afoot because of the increasing importance of the CFO’s input to strategic initiatives, a...