Change the Way You Work: Success as a Virtual CFO

Description

Small and growing businesses do not have the funds to hire a CFO, but still need advice on strategic, financial, and operational matters. In many cases, these businesses are turning to virtual (or outsourced) CFOs to guide them through periods of transition or growth. CPAs and other finance and accounting professionals are well positioned to be virtual, strategic business partners for these companies. In this course, you'll learn the core competencies that a virtual CFO needs and the role that a virtual CFO can provide. The course will emphasize the synergy between competencies developed by experienced CPAs and finance and accounting professionals and successful virtual CFOs. Finally, you'll understand potential service models and the need for a readiness assessment before embarking on this career trajectory.

Highlights

Virtual CFO role overview Potential service models Virtual CFO readiness Outsourced bookkeeping vs. virtual CFO roles Ethical considerations Technology platforms

Objectives

Recognize the role that a virtual or outsourced CFO can provide to companies. Identify the key competencies needed for a virtual CFO role. Recognize the service options and business models available for virtual CFOs. Recall the readiness assessment needed before starting the virtual CFO role.

Designed For

Accounting and finance professionals interested in becoming a virtual/outsourced CFO or understanding more about the virtual/outsourced CFO role.



Leaders

Mark Conine

Mark currently serves as the Chief Financial Officer and Vice President of Finance & Administration for the Arkansas Development Finance Authority, where he is responsible for assisting the agency President in administering the programs of ADFA, the management and day-to-day coordination of all financial activities, including bond issuance and redemption administration and compliance, investment management, agency budget, financial statement issuance, and supervision of the accounting, finance, loan servicing and purchasing departments. Prior to joining the Arkansas Development Finance Authority, Mark served as the Chief Financial Officer of the Arkansas Student Loan Authority (now a division of the Arkansas Development Finance Authority) for over 12 years. He has also served in Corporate Tax at Alltel Communications and practiced in the tax group of KPMG, LLP and Ernst & Young, LLP in Little Rock, Arkansas. Mar received a B.A. in Accounting from Ouachita Baptist University and is a licensed Certified Public Accountant and Certified Global Management Accountant. He is a member of the Arkansas Society of Certified Public Accountants and the American Institute of Certified Public Accountants. Mark enjoys serving as a continuing professional education instructor in the areas of fraud, ethics, data analytics, and identity theft for the Arkansas Society of Certified Public Accountants and is a frequent speaker at state and local CPE conferences. Mark was named the Arkansas Society of Certified Public Accountants Mac Angel Discussion Leader for 2018. Mark gives back to his alma mater, Ouachita Baptist University, serving as a member of the Hickingbotham School of Business Alumni Board. Mark also serves on the Board of the Arkansas Baptist Foundation.