The Essential CFO : A Corporate Finance Playbook.


Bruce P. Nolop
Bok Engelsk 2012 · Electronic books.
Omfang
1 online resource (381 pages)
Utgave
1st ed.
Opplysninger
Intro -- The Essential CFO -- Contents -- Introduction -- PART I: STRATEGY -- Chapter 1: Articulating a Strategic Plan -- Business Objectives -- Strategic Themes -- Long-Term Financial Model -- Total Shareholder Return -- Capital Allocation Strategies -- Acquisition Strategies -- Target Shareholders -- Elevator Pitch -- Plan Revisions -- Chapter 2: Communicating and Achieving Alignment -- Consistency and Transparency -- Incentive Compensation Programs -- Investor Alignment -- Analyst Relations -- Investor Presentations -- Company Website -- Social Media -- Media Relations -- Potential Media Pitfalls -- Coordinating Communications -- Interview Formats -- Media Training -- Note -- Chapter 3: Assessing Enterprise Risks -- Enterprise Risk Management -- Implementation of ERM -- Risk Identification -- Risk Quantification -- Major Exposures -- Mitigation Strategies -- Rewarded versus Unrewarded Risks -- Governance of ERM -- CFO's Role in ERM -- PART II: CAPITAL ALLOCATIONS -- Chapter 4: Estimating the Cost of Capital -- WACC Formula -- Hurdle Rates -- Risk Premiums -- Acquisition Cost of Capital -- Chapter 5: Prioritizing Capital Investments -- Cash Flow Projections -- Investment Budget -- Evaluating Projects -- Categorizing Projects -- Monitoring Projects -- Pension Fund Contributions -- Chapter 6: Considering Dividends and Repurchases -- Dividend Policy Alternatives -- Dividend Policy Considerations -- Special Dividends -- Dividend Declarations -- Repurchase Considerations -- Open Market Programs -- Tender Offers -- Retaining Strategic Cash -- Cash Investment Policies -- PART III: MERGERS AND ACQUISITIONS -- Chapter 7: Identifying Acquisition Candidates -- Rationale for Acquisitions -- Adjacent Spaces -- Portfolio Approach -- Business Sponsor -- Patience and Flexibility -- Strategic Purpose -- Types of Acquisitions -- Note.. - Chapter 17: Providing Planning and Analysis -- Budgets -- Forecasts -- Cash Flows -- Performance Metrics -- Business Unit Metrics -- Performance Reports -- Business Analysis -- Chapter 18: Managing Financial Risks and Taxes -- Insurance -- Interest Rates -- Currencies -- Commodities -- Inflation -- Pension Fund -- Tax Planning -- PART VI: ACCOUNTING AND CONTROLS -- Chapter 19: Establishing Accounting Processes -- Financial Reporting -- SEC Filings -- External Auditors -- Audit Committee -- Note -- Chapter 20: Communicating Financial Results -- Earnings Call -- Non-GAAP Measures -- Earnings Guidance -- Note -- Chapter 21: Implementing Sarbanes-Oxley -- Overview of Provisions -- Auditor Independence -- Certification of Financials -- Assessment of Internal Controls -- Chapter 22: Reinforcing Compliance and Controls -- Control Environment -- Auditor and Board Support -- Foreign Corrupt Practices Act -- Fraud Prevention -- Whistleblowers -- Cost of Compliance -- Note -- PART VII: LEADERSHIP -- Chapter 23: Achieving Finance Transformation -- Organizational Structure -- Technology Systems -- Process Reengineering -- Outsourcing Advantages -- Outsourcing Implementation -- Analysis versus Data -- Chapter 24: Developing Financial Talent -- Recruitment Strategies -- Development Objectives -- Development Tools -- Diversity -- Future Requirements -- Note -- About the Author -- Acknowledgments -- Index.. - Chapter 8: Evaluating Acquisition Candidates -- Valuation Methodologies -- Standalone and Synergy Values -- Pro Forma Analyses -- Acquirer's Stock Valuation -- Risk Considerations -- Chapter 9: Executing a Merger or Acquisition -- Due Diligence -- Business Plan -- Financial Projections -- Financing Plan -- Price Negotiations -- Contract Terms -- Acquisition Integration -- Note -- Chapter 10: Executing Divestitures and Spinoffs -- Divestiture Evaluations -- Hiring Investment Bankers -- Auction or Negotiated -- Stock or Assets -- Financing Conditions -- Management Participation -- Tax-Free Spinoffs -- Split-Ups -- Equity Carve-Outs -- Chapter 11: Responding to Takeover Offers -- Governance Policies -- Reviewing an Offer -- Conducting a Sale Process -- Activist Shareholders -- Going Private Transactions -- PART IV: FUNDING -- Chapter 12: Establishing Capital Structure Objectives -- Leverage Targets -- Leverage Criteria -- Rating Agencies -- Ratings Categories -- Rating Agency Dialogues -- Ratings Criteria -- Informing Investors -- Note -- Chapter 13: Developing Financing Strategies -- Financing Principles -- Debt Financing -- Equity Financing -- Off Balance Sheet Financing -- Debt Covenants -- Debt Refinancings -- Debt for Equity Swaps -- Bankruptcy -- Chapter 14: Ensuring Short-Term Liquidity -- Bank Lines -- Cash Planning -- Contingency Planning -- Liquidity Ratios -- Working Capital Strategies -- Trapped Cash -- Chapter 15: Obtaining Long-Term Financing -- Venture Capital -- Private Equity -- Initial Public Offering -- Subsequent Equity Offerings -- Term Loans -- Syndicated Bank Loans -- Investment Grade Securities -- High Yield Securities -- Strategic Alliances -- Note -- PART V: PERFORMANCE -- Chapter 16: Driving Business Performance -- Organic Revenue Growth -- Cost Reduction Strategies -- Fixed versus Variable Costs -- Note.. - Bruce Nolop retired in 2011 after a 35-year career as an investment banker and corporate executive, including more than a decade as chief financial officer of Pitney Bowes and E*TRADE Financial. He has been a board member of Marsh & McLennan since January 2008 and currently serves on the audit, compliance and risk, finance, and corporate responsibility committees.
Emner
Sjanger
Dewey
ISBN
9781118226896
ISBN(galt)

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