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Your Inventory Value Report

CFO Simplified

The President of CFO Simplified, Larry Chester , shares the importance of inventory value reports with us. . What is the Inventory Value Report? An inventory value report is a financial report that lists the value of a company’s inventory at a specific point in time. Final Thoughts.

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Keep Proprietary Processes Secret

CFO Simplified

Bringing Value Through CFO Insights. Business – Manufacturer of industrial models. One made stock models that were sold from a catalog, and the other produced structural prototypes of critical manufacturing components for major corporations. Financial Reporting and Accounting. Location – Northern Illinois.

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Dealing with Obsolete Inventory

CFO Simplified

For manufacturers, retailers, or wholesale distributors, inventory is likely the largest item on their balance sheet. Bringing Value Through CFO Insights. Business – Dress Manufacturer. The company also started a sportswear line, but that didn’t sell due to a significant manufacturing error in incorrectly sizing the items.

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Comptroller vs. Controller: What Is the Difference?

Michigan CFO

For instance, the Texas state comptroller, popularly referred to as the Texas Comptroller of Public Accounts, serves as “Texas’ chief financial officer — tax collector, chief accountant, chief revenue estimator, and chief treasurer for all of state government, as well as administrator for several other programs” according to comptroller.texas.gov.

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The Upgrade Challenge

CFO Simplified

Business – Industrial seating manufacturer. The financial reports were no better than with the old software. And, on top of that, even though the balance sheet totals matched the totals in their old system, the numbers didn’t match the subsidiary reports that supported it. Location – St. Louis, Missouri.

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10 Best FP&A Software Tools: A Comprehensive Buyer’s Guide [2023]

Onplan

Adaptive is one option companies use for modeling, budgeting, forecasting, and financial reporting. In addition to offering financial and sales planning solutions, Workday Adaptive also caters to workforce and operational planning needs. Automated reporting also enforces compliance with GAAP and IFRS standards.