The Ledger

CFO Dive: For Spirit Airlines’ CFO, It All Comes Back to Math

“The cost-cutting challenge stems from the mismatch between the short-term nature of the problem and the long-term assets of the carrier. 

“We had to create different models that no longer considered fully allocated profitability,” he said. “We had to think of the marginal cost of the business, and decide what’s fixed in today’s world.”

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Forbes: No Time To Recline: La-Z-Boy’s CFO On The Demands Facing Finance Leaders In 2021

“I often say the CFO’s (or any finance leader’s) role is to understand the business as well as the CEO, but then also understand everything behind the numbers! Business partnership and decision support are imperative for a strong finance function and a strong company. Expanding that partnership and structured thinking beyond near-term decisions and into longer-term strategy is even more powerful.”

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Industry Week: Operations Managers: Rising to the Challenges of 2021

“Operations leaders remain under pressure to deliver outstanding results. It is important to remember that simply driving efficiency and reducing costs are not everything.”

“To create a truly resilient organization, it is critical to fully align technology with people and processes.”

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CFO Magazine: The Complexities of a COVID-19 Year-End

“As CFOs face the demands of year-end accounting and financial reporting, they’re pondering which issues need to be front and center and how to frame them.”

Here are the 4 issues that CFO’s need to think about:

1. Forecasting and related impairment analyses
2. Going concern analysis
3. Internal controls
4. Stakeholder communications

Read More at CFO Magazine >