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What Is A Virtual CFO? - Business - Nairaland

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What Is A Virtual CFO? by whizconsulting: 7:48am On Dec 06, 2021
There is a constant rise in small and medium businesses in Australia, indicating how the segment is growing. There is a manifold growth in responsibilities that keep adding to your workload when there is business growth, leaving your business porous at many places. Also, there is an ever-increasing need for having expertise on board with the business growth, but you might not want to hire a full-time CFO because of the cost or long term implications. This is where the role of Virtual CFO come to your rescue. Virtual CFO is also known as VCFO or outsourced CFO. It is a great way to get access to experienced individuals' guidance without incurring the high cost of hiring on the same full-time basis.

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