Discover the power of the CFO's role in delivering shareholder valueDuring the past decade, the CFO role has expanded dramatically in its breadth, complexity, and criticality. Filled with proven strategies, best practices, and keen insights, The Essential CFO describes how today's CFOs are responding to their expanded roles within both public and private companies. With straightforward and pragmatic guidance, author Bruce Nolop shows how CFOs are partnering with CEOs to deliver shareholder value by articulating a strategic plan, determining capital allocations, managing the capital structure, driving financial performance, and implementing strategic transactions.Covers how CFOs are establishing robust accounting and risk management processes and effectively communicating with both external and internal constituenciesLooks at the role of the CFO in transforming financial organizations to drive effectiveness and efficienciesExamines how CFOs can develop talent with the experience, expertise, and leadership skills to meet the challenges of the futureWritten from a balanced, top-down perspective of the modern CFO, The Essential CFO provides you with practical prescriptions for executing impactful corporate finance strategies. INDICE: IntroductionEvolving Job DescriptionStrategic CfoExpanded RolesAbout This BookNotePART ONE STRATEGYChapter 1 Articulating a Strategic PlanBusiness ObjectivesStrategic ThemesLong-Term Financial ModelTotal Shareholder ReturnCapital Allocation StrategiesAcquisition StrategiesTarget ShareholdersElevatorPitchPlan RevisionsChapter 2 Communicating and Achieving AlignmentConsistencyAnd TransparencyIncentive Compensation ProgramsInvestor AlignmentAnalyst RelationsInvestor PresentationsCompany WebsiteSocial MediaMedia RelationsPotentialmedia PitfallsCoordinating CommunicationsInterview FormatsMedia TrainingChapter 3 Assessing Enterprise RisksEnterprise Risk ManagementImplementation Of ErmRisk IdentificationRisk QuantificationMajor ExposuresMitigation StrategiesRewarded Versus Unrewarded RisksGovernance Of ERMCFO€™S Role In ERMPART TWO CAPITALALLOCATIONSChapter 4 Estimating the Cost of CapitalWACC FormulaHurdle RatesRisk PremiumsAcquisition Costs Of CapitalChapter 5 Prioritizing Capital InvestmentsCash Flow ProjectionsInvestment BudgetEvaluating ProjectsCategorizing ProjectsMonitoring ProjectsPension Fund ContributionsChapter 6 Considering Dividends and RepurchasesDividend Policy AlternativesDividend Policy ConsiderationsSpecial DividendsDividend DeclarationsRepurchase ConsiderationsOpen Market ProgramsTender OffersRetaining Strategic CashCash Investment PoliciesPART THREE MERGERS AND ACQUISITIONSChapter 7 Identifying Acquisition CandidatesRationale For AcquisitionsAdjacent SpacesPortfolio ApproachBusiness SponsorPatience And FlexibilityStrategic PurposeTypes Of AcquisitionsNoteChapter 8 Evaluating Acquisition CandidatesValuation MethodologiesStandalone And Synergy ValuesPro Forma AnalysesAcquirer€™s Stock ValuationRisk ConsiderationsChapter 9 Executing a Merger or AcquisitionDue DiligenceBusiness PlanFinancial ProjectionsFinancing PlanPrice NegotiationsContract TermsAcquisition IntegrationNoteChapter 10 Executing Divestitures and SpinoffsDivestiture EvaluationsHiring Investment BankersAuction Or NegotiatedStock Or AssetsFinancing ConditionsManagement ParticipationTax-Free SpinoffsSplit-UpsEquity Carve-OutsChapter 11 Responding to Takeover OffersGovernance PoliciesReviewing An OfferConducting A Sale ProcessActivist ShareholdersGoing Private TransactionsPART FOUR FUNDINGChapter 12 Establishing Capital Structure ObjectivesLeverage TargetsLeverage CriteriaRating AgenciesRatings CategoriesRating Agency DialoguesRatings CriteriaInforming InvestorsNoteChapter 13 Developing Financing StrategiesFinancing PrinciplesDebt FinancingEquity FinancingOff Balance Sheet FinancingDebt CovenantsDebt RefinancingsDebt ForEquity SwapsBankruptcyChapter 14 Ensuring Short-Term LiquidityBank LinesCash PlanningContingency PlanningLiquidity RatiosWorking CapitalstrategiesChapter 15 Obtaining Long-Term FinancingVenture CapitalPrivate EquityInitial Public OfferingSubsequent Equity OfferingsTerm LoansSyndicated Bank LoansInvestment Grade SecuritiesHigh Yield SecuritiesStrategic AlliancesNotePART FIVE PERFORMANCEChapter 16 Driving Business PerformanceOrganic Revenue GrowthCost ReductionsFixed Versus Variable CostsNoteChapter 17 Providing Planning and AnalysisBudgetsForecastsCash FlowsPerformance MetricsBusiness Unit MetricsPerformance ReportsBusiness AnalysisChapter 18 Managing Financial Risks and TaxesInsuranceInterestRatesCurrenciesCommoditiesInflationPension FundTax PlanningPART SIX ACCOUNTING AND CONTROLSChapter 19 Establishing Accounting ProcessesFinancial ReportingSEC FilingsExternal AuditorsAudit CommiteesNoteChapter 20 Communicating Financial ResultsEarnings CallNon-GAAP MeasuresEarnings GuidanceNoteChapter 21 Implementing Sarbanes-OxleyAuditor IndependenceAssessment Of Internal ControlsChapter 22 Reinforcing Compliance and ControlsCONTROL ENVIRONMENTFRAUD PREVENTIONWHISTLEBLOWERSCOST OF COMPLIANCEPART SEVEN LEADERSHIPChapter 23 Achieving FinanceTransformationOrganizational StructureTechnology SystemsProcess ReengineeringOutsourcing AdvantagesOutsourcing ImplementationAnalysis Versus DataChapter 24Developing Financial TalentRecruitment StrategiesDevelopment ObjectivesDevelopment ToolsDiversityFuture RequirementsNoteAbout the AuthorAcknowledgementsIndex
- ISBN: 978-1-118-17304-6
- Editorial: John Wiley & Sons
- Encuadernacion: Rústica
- Páginas: 384
- Fecha Publicación: 16/05/2012
- Nº Volúmenes: 1
- Idioma: Inglés