60-Day CFO Plan (part 2)
All businesses have risks, which is simply another way of saying something could go wrong.
Some risks are identifiable by studying a business' financial statements (which is what CFO Scoreboard is designed to do). Some risks are embedded in the structure or framework of the business and are hard to identify by looking only at the numbers. Knowing the six fundamental “non-financial statement” risks a CFO must address (and continue to monitor) will determine a business' financial exposure and insure sustained success.