The CFO College

AUGUST 31, 2021

If company owners don’t have a realistic view of their financials and are not set up for capital raising, reports, and tax prep, their dream may fade away before they ever get a chance to open their doors. As an accountant or bookkeeper, you can help prevent startups from going under or losing profitability. And much more.

Startups 81

Startups Accounting General Ledger Forecasting 81

Centage

SEPTEMBER 14, 2021

When it comes to business budgeting and planning, traditional spreadsheets are labor-intensive, prone to errors, and static, so it can be difficult to get a clear view on your current and future financial position. With the fast pace of business change, CFOs need accurate financial information to make informed decisions on the fly.

Budgeting 96

Budgeting General Ledger Data Analysis Financial Data 96

Centage

OCTOBER 3, 2022

However, there can be some disadvantages to using Excel for your company’s financial forecasting. These can become apparent as your business grows and your accounting needs get more involved. Maintaining multiple spreadsheets requires manual data entry, which can allow human mistakes to creep in.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

Centage

OCTOBER 3, 2022

However, there can be some disadvantages to using Excel for your company’s financial forecasting. These can become apparent as your business grows and your accounting needs get more involved. Disadvantages of Excel for Financial Forecasting. After this step, the accounting team rolled everything into a single budget.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52