All too often we see people over plan and make no progress, as opposed to measure how their plan is working and make the necessary changes to the plan as conditions change
For moderately sized companies in the $2 million to $20 million range, senior management often turn to their CPA for advice about business finances because they don’t have a CFO or financial advisor on staff. What they will get from a CPA is a financial opinion informed by the CPA’s perspective on taxes and tax law, not necessarily the financial opinion that may be best for the situation.
If you take a positive, proactive stance, you can demonstrate to your staff that you have a tough policy regarding employee theft and fraud, and you can outline some clearly defined consequences for those who break the rules.
The advantage of hiring an interim CFO is you get someone with the experience and expertise to help you get the company organized and poised for success