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Thinking like a turnaround CFO Logo cgma

  Russ Banham |   Free |   Jun 2018 |   FM magazine

Turnaround skills for companies in trouble may be beyond the ordinary CFO and indeed they may be part of the problem. This article considers the particular skill-set necessary to pull around an organisation in difficulty.

Initial survival discussions with lenders, suppliers and customers may be necessary before any real analysis of the fundamental problems. You then must identify the causes and create a clear recovery programme.

Topics covered:
  • Management accounting: Business: Business relations, Advanced