CFO as COO

The CFO as COO:  How the Operational Income Statement (OIS) makes it Possible  

OIS is a new embodiment of two of Institute of Management Accountant’s fundamental premises:  usefulness of modeling and Finance’s leadership role within the firm.

Specifically, by integrating three existing, commercially successful advanced analytic capabilities into 1)A single model, an Operational Income Statement (OIS) model can be created. It allows Finance to move from monitoring the firm’s expenses to guiding the management of the operations that caused those expenses assuring, 2) Significant operational and financial performance improvements.  In so doing, 3) OIS modifies significantly the traditional, budgeted Income Statement process, assuring, in addition, significant process improvements.