CFO Simplified

MARCH 20, 2022

A chief financial officer (CFO) holds the highest financial position in a business. A CFO, according to NetSuite , is responsible for: Tracking cash flow and financial planning. Analyzing the company’s financial strengths and weaknesses. Part-Time and Fractional CFOs.

CFO 97

CFO Cash Flow Forecasting Strategic Planning Auditing 97

Boston Startup CFO

FEBRUARY 1, 2023

Here are the top signs that your startup may need a fractional CFO. Preparing for fundraising If you are planning to raise funds for your startup, there are many pitfalls and unknowns. A CFO can help you create a plan that outlines how you will use the funds you raise, as well as how you will achieve your financial goals.

CFO 40

CFO Startups Cash Flow Forecasting Budgeting 40

CFO Simplified

JUNE 1, 2023

Most business owners get financial reports monthly: Profit and Loss, Balance Sheet, Statement of Cash Flows. The problem is, those monthly reports show your financial performance in the past — what has already occurred in your business. For example, do you have a cash flow forecast?

Cash Flow Forecasting 52

Cash Flow Forecasting Profit and Loss Strategic Planning CFO 52

The Charity CFO

JUNE 10, 2022

PRO TIP: To get even more capacity from your finance committee, include them in your strategic plan! Every nonprofit should periodically develop a strategic plan. As part of the strategic plan, your organization should set goals for financial oversight and the overall accounting function.

Nonprofit 52

Nonprofit Finance Strategic Planning Cash Flow Forecasting 52

CFO Simplified

FEBRUARY 17, 2022

But sometimes the plans are erratic, spur of the moment, or not fully formed. Bringing Value Through CFO Insights. How do you make sure that the right plan is in place, and there’s enough money to do it? Conduct a cash flow analysis to verify how much money was spent and where it went. Financial Reporting.

Profit and Loss 52

Profit and Loss Cash Flow Forecasting CFO Financial Reporting 52

CFO Simplified

FEBRUARY 17, 2022

Bringing Value through CFO Insights. The business’ part-time CFO was providing financials that didn’t match the reports they received from their accountant. Since the owners weren’t drawing large salaries, and sales were increasing, questions arose as to the actual use of cash and the company’s profitability.

Accounting 52

Accounting Retail Profit and Loss Cash Flow Forecasting 52

CFO Share

MARCH 23, 2021

Create all three financial statements. A true forecast includes a balance sheet and statement of cash flows, not just an income statement. Excluding one or two of these financial reports will cause your cash projections to be wrong! Tie in historical financials. Forecast Reliability and UX.

Forecasting 52

Forecasting Financial Planning and Analysis (FP&A) Budgeting Cash Flow Forecasting 52