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Prioritizing People in Manufacturing

VCFO

Prioritizing People in Manufacturing – Why it Matters? As the saying goes in manufacturing, “if you don’t have the people, you don’t have the products.” When this happens, you’ll find manufacturing workers that feel underappreciated, unheard, and disengaged from organizational goals. It also shows respect.

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Strategic Planning Components for CFOs to Keep Top-of-Mind

Planful

But not every CFO thrives in the strategic planning side of their role. Many finance leaders confuse financial planning with strategic planning. But when it comes to strategic planning components, CFOs shouldn’t be in a pure finance mindset. Strategic Planning Component #1: Revenue.

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Lease Accounting Updates that May Impact Your Business

VCFO

ASC 842 is a new accounting standard set forth by the Financial Accounting Standards Board (FASB). These impacts will include major changes to accounting practices and financial reporting, as well as increased scrutiny of contracts, service agreements, and all leases starting now and moving forward. A Lease or Not a Lease?

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For Manufacturers, Cash Management Is In Their Hands

PYMNTS

Accounting and consulting firm Crowe Horwath LLP says businesses face a balancing act when it comes to cash flow management. A recent research report by the firm explores how these professionals in the manufacturing sector are approaching the issue.

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Strategic Finance Focus at Year-End

VCFO

This can include software companies, manufacturers and many who may not even have thought of themselves as a research-oriented business. Assessing Accounting For entities preparing GAAP compliant financial statements, adoption of Revenue Recognition Standard (ASC 606) and Lease Accounting Standard (ASC 842) is now mandatory.

Finance 91
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Those Who Have Knowledge, Don’t Predict

Focus CFO

Some business owners downplay the complexity of Financial Planning and Analysis (FP&A) and mistakenly task their accounting team with this crucial function, or hope their CPA firm can be of help. This is the first step in improving FP&A and will continue to inform strategic decision- making throughout the company’s lifecycle.

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Ep 33: Driving Value Beyond the Balance Sheet

CFO Thought Leader

Based on Planning Ace Jeff Woolard’s comments, here are five key themes highlighted: Cross-Functional Impact of Finance: 1.Woolard This perspective enables finance to have a significant impact beyond traditional financial roles, extending into product development and strategic planning. Read More 3.Understanding