Manage episode 224801139 series 1923829
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.
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 - Summary
Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.
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