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They prepare the income statement, balance sheet, and statement of cash flows using the accrual accounting method. Familiarity with Generally Accepted Accounting Principles (GAAP) is essential. Leave the Minotaur of financial confusion in your wake as you sail towards success, guided by the wisdom of skilled Fractional CFOs.
Outsourcing your bookkeeping to the right firm will give you the support you need for cashmanagement, AP/AR, financial close and taxes. You can also hire a consulting group to provide accounting support on a project basis. David Ehrenberg is the CEO of Early Growth Financial Services.
Post Series B, it becomes a full-time job to support strategicplanning. Building strategic goals with the CEO and Board of Directors, then making sure the functional organizations get the information they need to execute on the strategy.” “There are three primary components to the CFO position. Edited for readability.
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