Boston Startup CFO

APRIL 3, 2023

Financial accounting: A topic that can easily disorient even the most driven entrepreneurs. Fortunately, we present you with a compass – a diagram that demystifies the functions of financial accounting. In this tier, a double-entry accounting system is employed to ensure the accurate recording of all transactions.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

The Charity CFO

NOVEMBER 10, 2022

What should you look for when evaluating nonprofit accounting services? Yes, they might have a board member or volunteer who takes care of the finances, but they often lack specific expertise in nonprofit accounting. Benefits of Nonprofit Accounting Services. Nonprofit organizations exist to further a mission or goal.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

BlueLight

JULY 30, 2020

The CFO role has evolved into a highly strategic role but needs a robust system to handle the day-to-day reporting tasks and generate accurate financial information. My motivation was to understand the responsibility of the CFO suite, the process of billing to accounting, and the software tools available to run an effective finance office.

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

Boston Startup CFO

OCTOBER 29, 2012

CFO: If your company has closed a seed round of funding or is earning more than $250K per year, you need a CFO to handle your financial strategy and run your accounting team. You can also hire a consulting group to provide accounting support on a project basis. Specifically, you can outsource the following 3 functions: 1.

Startups 52

Startups Mergers and Acquisitions (M&A) CFO GAAP 52

VCFO

NOVEMBER 1, 2023

These actions might include: A blitz on collection of past due receivables to reduce cash tied up in past due accounts, reduce bad debt exposure and improve DSO (days sales outstanding – a metric often scrutinized by lenders). Read more in our blog about Lease Accounting Updates.) audited or reviewed financial statements).

Finance 91

Finance Strategic Planning Auditing CFO 91

The CFO College

JUNE 3, 2021

Increase Your Value and Boost Your Services with Two CFO-Level Accounting Tools. Yes, automations can crunch numbers, but there is so much more to providing accounting services than calculations. Skill #2 - The Permanent Audit Trail. The Permanent Audit Trail is a detailed recording and reporting of transactions and events.

Accounting 52

Accounting CFO Auditing General Ledger 52