Although financial statements are created by accountants, it is imperative that CFOs review these statements to confirm that funds are being used beneficially. As a result, CFOs must stay current with their accounting and financial knowledge to interpret these reports and adapt to the ever-changing competitive environment. The data contained in the reports helps the CFO in planning and managing budgets, projects and purchases. Witzel 2010 stated that a CFO could control waste by “analyzing potential new projects and eliminating those that were not worthwhile” (p. 27). While it is impossible to have a flawless sales forecast due to the uncertainty of the economy, CFOs should still look at forecasting future sales. The forecast helps the CFO determine the resources and financing needed to support those sales. The intent is to examine the relationship between investment and financing at different sales levels. Khiyara 2015 stated that “visibility into the sales cycle is critical, and the consequences of poor analysis and visibility can be enormous” (p. 5). Khiyara 2015 further states, “revenue management is critical to the growth and success of the company and it is critical that CFOs are included in the sales cycle” (p. 5). Therefore, if a CFO stops pursuing continuing education, the organization will suffer from inadequate and/or outdated knowledge. Furthermore,