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The Number One Problem With Selling a Business

Focus CFO

They have not invested in their accounting department or accounting records because they consider it “overhead”. While they may have a bookkeeper and Tax CPA, they do not have a strong accounting department led by a real CFO. GAAP financials when times get tough, and others manage to survive with street smarts.

Numbers 52
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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. Companies like Google and Amazon are investing heavily in AI R&D to customize models for their needs. Fine-tuned AI models could assist with complex regulatory requirements, such as those from IFRS, FINRA, and the SEC.

Finance 95
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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. Companies like Google and Amazon are investing heavily in AI R&D to customize models for their needs. Fine-tuned AI models could assist with complex regulatory requirements, such as those from IFRS, FINRA, and the SEC.

Finance 52
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Musings on Markets: Data Update 5 for 2022: The Bottom Line!

CFO News Room

Income from financial holdings (including cash balances, investments in financial securities and minority holdings in other businesses) are added back, and interest expenses on debt are subtracted out to get to taxable income. Returns on Invested Capital (or Equity). The numbers yield interesting insights. .

Marketing 130
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How is Goodwill Taxed When Selling a Business?

Michigan CFO

This is good news for business owners because the tax rates for a long-term capital gain investment are less than other asset tax rates, such as short-term capital gains. A qualified CFO can provide valuable insight into how to best structure the sale of your business to reduce the amount of taxes you end up having to pay.

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Family Office Financial Management

https://trustedcfosolutions.com/feed/

Financial governance allows your organization to meet compliance requirements, such as IFRS and GAAP updates, by having the right financial controls in place. Investing in multiple asset classes and across multiple entities can be complex if the right systems aren’t in place.

GAAP 116
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The 5 Best Financial Reporting Software to Enhance the Productivity of CFO

Spreadym

Compliance: Adherence to accounting standards and regulations, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). Vendor Lock-in: Once invested in IBM Cognos Analytics, transitioning to a different reporting tool could be challenging due to the potential for vendor lock-in.