Becoming a Fractional CFO: What to Do and How?

Overview

Are you considering becoming a fractional CFO, or possibly a public CPA firm or consulting practice that wants to offer fractional CFO services or advisory services? Either way, do you truly know what to do and how? Are you aware of the many pitfalls? Becoming a successful fractional CFO is complicated and it is not a trivial career change! Review the lessons learned from experienced fractional CFOs on how to enter, engage and run a thriving fractional CFO practice. Whether you are in public practice, a consultant, or in industry - be prepared for this as a possibility. Many fractional CFOs do not execute their practice as they could, and that is why they are not very successful. This discussion includes over fifty (50) recommendations to strengthen your fractional CFO practice. What do clients typically need? Are you better as a solo practitioner or should you join a firm? How to manage the relationship(s)? Every effective organizations make plans and if you want a winning fractional CFO business, come join us and learn how.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

The major topics that will be covered in this course include:

Do you have what it takes to be a successful fractional CFO?

Should you be a solo practitioner or join a larger firm? 1099 versus W2?
What skills are needed to be successful?

Sales, marketing, etc.

What are some of the ‘red flags’?
Typical assignments and issues a fractional CFO will likely encounter
The greatest opportunity for fractional CFOs?
Understanding your value

Prerequisites

At least six (6) months of work experience in a professional accounting, finance or similar role and at least six (6) months of work experience communicating with clients, vendors, suppliers and others. This program is designed for more experienced profes

Designed For

Anyone considering becoming a fractional CFO and any organization contemplating entering into the fractional CFO business, e.g., Corporate Financial Leaders, Corporate Financial Managers, CEOs, CFOs, Controllers, Board members, advisors, and Consultants.

Objectives

After attending this presentation, you will be able to...

Identify the key attributes and skills that make a fractional CFO successful.
Lead and manage a fractional CFO practice.

Preparation

None

Notice

This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by CPA Crossings.