CFO Simplified

FEBRUARY 17, 2022

But understanding your company’s profitability is critical to making the right decisions. Confusion over cash-versus-accrual reporting creates continuing questions for business owners. The business’ part-time CFO was providing financials that didn’t match the reports they received from their accountant. Ownership – Two partners.

Accounting 52

Accounting Retail Profit and Loss Cash Flow Forecasting 52

CFO Share

OCTOBER 13, 2023

For SMBs and startups, liquidity ensures operations run seamlessly, avoiding disruptions caused by short-term cash constraints. Key takeaways for business leaders include: Maintaining an emergency fund for unforeseen expenses Timely collection of accounts receivable Monitoring inventory and purchasing vs. forecasts to avoid overstocking.

Cash Flow Forecasting 52

Cash Flow Forecasting Profit and Loss Forecasting Startups 52

CFO Simplified

SEPTEMBER 11, 2023

So, let’s look to see how this Cinderella report can help you plan for and understand your use of cash. The Cash Flow Forecast is a predictive tool. By comparison, it’s much like your Profit and Loss statement. But first, let’s be clear on the purpose of these two documents.

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Profit and Loss Financial Reporting 52

Future CFO

DECEMBER 5, 2022

A CFO in Hong Kong can gross as much as HK$2 million when you include bonuses and profit sharing. The modern-day CFO is no longer just the custodian of a company’s financial operations providing leadership and focus to accounting and finance departments. You ask your accountant, “Can you tell me what is happening in my business?”

CFO 98

CFO Profit and Loss Cash Flow Forecasting Leadership 98

VCFO

OCTOBER 10, 2023

The owner of this seasonally oriented service company builds up cash in peak periods to get through slower months and has ~$1M sitting stagnantly in a bank account as a result. Key Questions: How do we establish a cash forecast for managing the company’s cash wisely?

Strategic Planning 83

Strategic Planning Cash Flow Forecasting Profit and Loss CFO 83

CFO Simplified

FEBRUARY 17, 2022

The company was profitable, but after some moves to expand the business, they were worried about depleting their cash reserves and using up their line of credit with the bank—which would put a halt to further expansion plans. This was a speculative expansion that required major cash investment. 11,500,000.

Profit and Loss 52

Profit and Loss Cash Flow Forecasting CFO Financial Reporting 52

Creative CFP

NOVEMBER 2, 2020

The cash flow statement is the final piece of the puzzle when it comes to the monthly management reports that we prepare here at Creative CFO. The cash flow statement in context The profit and loss statement, discussed in an earlier blog, provides information on the revenue and expenses over a certain period of time.

Profit and Loss 52

Profit and Loss Cash Flow Forecasting Invoicing CFO 52