Responsibilities of a Chief Financial Officer

The CFO position requires exceptional leadership qualities including strong communication skills and attention to planning, process and detail.

In addition to the CFO’s responsibility for developing the annual financial plan and providing internal and external financial reporting, key responsibilities of the position can easily and efficiently be outsourced, such as:

• Projections and forecasts

• Due diligence related to mergers or acquisitions

• Assistance in tax efficient structuring of a sale or acquisition

• Budgeting

• Loan packaging

• Technology needs analysis

• Screening candidates for accounting positions

• Tax planning – for the business and principals

• Assistance in lease vs. buy decisions

• Selecting tax entities for new ventures

• Business valuations in contemplation of a sale or purchase

• Enterprise zone consulting

• Fraud investigations

• Retirement plan consulting

We would be happy to answer any questions you might have about outsourcing your accounting functions. Please call James E. LaPorte, CPA at 504/ 486-7275 for assistance with these or other matters.

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Ericksen, Krentel & LaPorte, L.L.P.   4227 Canal Street, New Orleans, LA 70119

Tel:  (504) 486-7275   Fax: (504) 482-2516