In this episode of the Prime Resources Podcast, BDR Financial Coach Brittany Baimbridge shares what it means to think like a CFO. You don't have to be in the Fortune 500 to apply the same thought processes as a Chief Financial Officer to your company. Tune in to learn how you can fine-tune your financial and management reports and utilize them as strategic, decision-making tools.
(01:57) - Brittany's industry background
(03:37) - What does it mean to think like a CFO?
(06:00) - Who in a company needs to think like a CFO?
(07:38) - Sharing the "why" of financial data collection and reporting
(09:15) - Examples of financial reporting
(10:28) - What is needed to generate financial reporting
(15:12) - Having the end in mind with reporting
(18:20) - Elements of a financial closing process
(25:02) - The power of checklists
(27:09) - How to utilize financial reporting
(28:56) - What is management reporting?
(34:00) - Capturing opportunity with management reporting
(35:00) - Examples of management reporting
(39:00) - The partnership of financial and management reporting
(42:11) - Focusing your management reporting on what's most important
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