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AUDIT

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8 diapositives · 369 Views · Oct 02, 2014

FEI Career Management Group Qualifications for a Successful CFO/Controller in Today's Market December 3, 2009. AUDIT. The Basics. Technical competence Education Industry and financial experience External reporting SEC reporting Public accounting background IT Treasury

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  1. FEI Career Management Group Qualifications for a Successful CFO/Controller in Today's Market December 3, 2009 AUDIT

  2. The Basics Technical competence Education Industry and financial experience External reporting SEC reporting Public accounting background IT Treasury Corporate finance Acquisitions and divestitures Tax Financial planning and analysis Risk management Knowledge of the business Increasingly complex accounting, tax and regulatory environment

  3. Today’s Skill Requirements Managing through turbulent times Cash is king – cash flow forecasting and ROI Fortress balance sheet Restructuring Credit crunch – debt compliance Access to capital Financial statement risk including mark-to-market, goodwill impairment and deferred tax asset valuation allowances Income taxes Obama administration public policy, health care reform and tax initiatives International operations 3

  4. Today’s Skill Requirements Managing stakeholder relationships Board of directors and committees C suite Wall Street, analysts and rating agencies Investors Banks Customers Suppliers Auditors and other service providers Regulators Community and civic 4

  5. Today’s Skill Requirements Managing your assets Cash and financial assets Cash conversion cycle Hard assets Intangibles and intellectual property In-source, co-source or outsource – core competencies Vertical integration Payables Contingent liabilities Litigation FCPA and illegal acts 5

  6. Today’s Skill Requirements Managing your people HR Managing up / managing down / managing peers Leadership Adaptability Invest, mentor and grow talent Networking Skills assessments Know what you don’t know There is always someone smarter and more experienced available to help 6

  7. Q&A 7

  8. Presenter’s contact details • Dennis Parrott • KPMG LLP • 303 E. Wacker Drive • Chicago, IL 60601 • 847-997-0970 • dparrott@kpmg.com • www.kpmg.com The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.