THE CFO NETWORK
CONCEPTS AND QUALIFICATIONS
In the last ten years there has been a gradual shift in both
the way companies view the provision of in-house accounting services
and, more importantly, the way members of this profession view
their future as full-time employees. In the past members
of the accounting profession had two distinct choices. They could
either be full-time employees of:
- a professional practice
(CPA, CA or legal firm), or
- a corporate employer
Initially, members of the professions predominantly fell into
the first category. Over the last 25 years, however, this has
shifted such that in 2005 a significant number of Chartered Accountants
and CPAs in Australia are now employees in industry.
A limited, third, category of professionals in industry have
moved beyond the traditional two-path career choice and have
sought roles as consultants to industry. This provides them with
autonomy plus a diversity of clients, variety, and the challenge
they desire.
The CFO Network was established to assist this third category
of professionals.
Many owners of small to medium and fast growing companies would
like to hire a full-time experienced CFO to help advise them
as they grow. With increasing salaries and a lack of candidates,
this is often not a cost effective solution. Too many of these
companies never hire these full-time professionals because of
the high annual cost. As a result, they often suffer because
of a lack of timely financial information and advice.
There are a significant and increasing number of businesses
that want a CFO on a part-time basis. They want a professional
who can attend their premises to help them with their needs.
They do not have a problem with paying a reasonable fee for these
services.
The CFO Network represents a group of independent consultants
who want to consult to these companies and who meet the following
minimum criteria:
At
least 5 years membership of their professional association – Institute
of Chartered Accountants, Society of CPAs etc.
At
least 5 years CFO, Professional practice or Business executive
experience
A
company structure (GST registered) - Not
incorporated?
Members of the CFO Network all have:
A
desire to control their own futures
A desire to earn a great
standard of living
An ability to work with change
A desire to help clients achieve
the best from their businesses
To become a Member of the CFO Network you can register here!
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