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How Do I Forecast with Tax Code 280E?

CFO Share

Your strategic business forecasting must include proper considerations for section 280E – this is essential to planning cash flow and avoiding catastrophic tax bills at year-end. Even worse, an IRS income tax return does not follow the same rules as GAAP. Hence you need good cannabis accounting to defend yourself in audit.

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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

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TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

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Best Practices from the CFO Suite

BlueLight

The financial implication of these decision is critical and the CFO is the executive helping the CEO navigate these decisions. Historically, the CFO role was focused on backward looking information: ensuring on-time and accurate financial reporting. The CFO suite doesn’t want to be the “department of No.” It evolves with stage.

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What is Quality of Earnings?

CFO Share

What is the difference between a quality of earnings report and an audit? Audited financial statements focus on compliance with GAAP accounting standards, whereas Quality of Earnings reports focus on the company’s earnings history and potential. Book an appointment with a CFO today. The post What is Quality of Earnings?

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Outsourced bookkeeping for a nonprofit

The Charity CFO

If you’ve decided the outsourced bookkeeping is right for your organization, get in contact with us and see how Charity CFO can help ! The post Outsourced bookkeeping for a nonprofit appeared first on The Charity CFO. This can be especially helpful if you don’t have a dedicated staff-person with the expertise level required.

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Small Business CFO's: Do You Need One?

Boston Startup CFO

The accounting manager recommended that we audit our books, which seemed like a good idea, especially since we had been having conversations about getting acquired. We had been using my Excel forecasts for years, which were outdated and did not capture and reflect all aspects of the business. Attributes of a Great CFO.

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