For many financial executives, the September 11 terrorist attack underlined a need to have an action plan in hand to help react quickly to a crisis. What should a finance manager do first?
The top priority for CFOs and controllers, according to a disaster- response checklist developed by the American Institute of Certified Public Accountants (AICPA), is to keep employees safe and secure. The next is to keep operations going, and the final concern is to deal with the financial situation.
Read the AICPA checklist.