Remove Accounts Payable Remove CFO Remove Profit and Loss
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1047: Balancing Risk and Opportunity in a Changing Finance Landscape | John Gronen, CFO, Yooz

CFO Thought Leader

The company operated two businesses: one generating about $30 million in EBITDA, while the other incurred annual losses of roughly $10 million. Gronen proposed a strategy to merge the two operations, consolidating efforts to increase profitability. Gronen: Yooz is an AP (accounts payable) automation and payments company.

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AI Transforms The Finance Function

Global Finance

The 2025 PrimeRevenue Annual CFO Trend Report notes that companies thriving in today’s volatile markets are those that are rethinking how capital flows through their operations. “As a CFO, the priority is to understand the substance behind the hype,” he says. “It’s not about replacing human judgment but extending it.

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The business value of fractional CFOs

Future CFO

While it is common to find a chief finance officer (CFO) helming a large or multinational organisation, the costs associated with having one in-house can be a hurdle for smaller organisations. According to payscale , the average base salary of a CFO in Hong Kong is HK$1,351,820 per year. Hiring a CFO when money is the problem.

CFO
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Nonprofit Accounting Basics for Founders, Board Members & Executives

The Charity CFO

The basic accounting principles for nonprofit organizations are the same as accounting for for-profit companies. . So let’s start with the basics, and later we’ll dig into some of the things that make nonprofit accounting unique. . The #1 accounting mistake that nonprofits make is hiring the wrong people to help them.

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Set Up a Nonprofit Chart of Accounts (Free Template)

The Charity CFO

A liability is anything you owe to other people or companies, including accounts payable, credit cards, and short-term or long-term debt. Your Chart of Accounts will be unique to your organization, but here’s an example of what it might look like: . Account Description. Accounts Payable. Description.

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Financial Statements: What’s the Most Important Statement You Can Review?

Michigan CFO

Each time we review a financial statement with our clients, they inevitably turn right to the Profit and Loss Statement (P&L, or Income Statement) and look to the “bottom line”. The business could have generated cash through profits, collection of accounts receivable, selling of assets (inventory) to name a few.

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Is EBITDA a Measure of a Company’s Financial Stability, or a False Prophet?

Trade Credit & Liquidity Management

It does provide a clearer picture of a company's operational performance by stripping out the effects of financing and accounting decisions, making it a popular metric for comparing profitability across businesses and industries. This illustrates how operating expenses are affecting the customer’s gross profit.