Remove Cash Flow Forecasting Remove Financial Reporting Remove Leadership Remove Strategic Planning
article thumbnail

How Serious Are You About Your Company’s Financial Success?

CFO Simplified

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?

article thumbnail

The Finance Committee and Nonprofit Financial Management Tips

The Charity CFO

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.