CFO Share

JULY 14, 2022

Do your profits and cash flows make no sense? Here’s what you should consider when approaching a catch-up bookkeeping or an accounting clean up project. As a rule of thumb, bookkeepers are not qualified to do accounting clean up – you need a trained accountant. What is the root cause of the accounting mess?

General Ledger (GL) 52

General Ledger (GL) General Ledger Profit and Loss Invoicing 52

Creative CFP

OCTOBER 2, 2020

A couple of years into my career as a chartered accountant I started to wonder if I was still enjoying working in the finance industry. I was so consumed with day-to-day accounting tasks that I did not have time to monitor the financial health of businesses I was taking care of, or to provide valuable feedback to business owners.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

CFO Simplified

APRIL 15, 2022

The bank reported a loss of confidence in management as a result of the inconsistent financial reporting. Reconcile the general ledger balances from the start of the year. This may be after the fact, but the shipping paperwork and accounts payable detail should match. Inventory is a tool to achieve profitability.

Profit and Loss 52

Profit and Loss Manufacturing General Ledger Accounts Payable 52