CFO Simplified

JANUARY 10, 2022

Look at these scenarios, and see if any sound familiar to you: An internet sales company showed financial reports with huge profits for three straight months, and then suddenly, huge losses during the next few. In spite of growing sales, they showed increasing losses as the year progressed. It’s that simple.

Profit and Loss 52

Profit and Loss Financial Reporting Invoicing Sales 52

CFO Simplified

FEBRUARY 17, 2022

But understanding your company’s profitability is critical to making the right decisions. Bringing Value through CFO Insights. The business’ part-time CFO was providing financials that didn’t match the reports they received from their accountant. There is a lot of money to be made selling online. Sales – $45,000,000 annually.

Accounting 52

Accounting Retail Profit and Loss Cash Flow Forecasting 52

CFO Simplified

JUNE 1, 2023

Most business owners get financial reports monthly: Profit and Loss, Balance Sheet, Statement of Cash Flows. How you use the information you get to go forward and drive profitability. How you use the information you get to go forward and drive profitability. More profitably. What IS your plan for profitability?

Cash Flow Forecasting 52

Cash Flow Forecasting Profit and Loss Strategic Planning CFO 52

CFO Thought Leader

APRIL 7, 2024

They also emphasize the evolving nature of finance professional interactions and the idea that strategic insights can serve as catalysts for organizational change, prompting shifts in product development, market strategy, and operational execution.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Profit and Loss Leadership 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? The company opened an eBay store and turned the trade-in losses into a new profit center. 11,500,000.

Profit and Loss 52

Profit and Loss Cash Flow Forecasting CFO Financial Reporting 52

The Charity CFO

FEBRUARY 27, 2024

Budget tracking is the process of monitoring your nonprofit’s income and expenses to ensure they stay within your planned budget. Effective budget tracking is essential to financial transparency, efficient resource allocation, and strategic planning for your nonprofit. Get the free guide!

Nonprofit 52

Nonprofit Budgeting Profit and Loss CFO 52

CFO Leadership

JANUARY 5, 2024

The intensity stems from the larger, more far-reaching implications of the make-or-break decisions CEOs and boards expect CFOs to make quickly. Inflation and cost optimization Inflation is another top priority for CFOs, as are several finance areas related to cost optimization.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Profit and Loss Compliance CFO 52

CFO Leadership

JANUARY 25, 2024

Research from Protiviti shows that CFO priorities are intensifying and converging. The intensity stems from the larger, more far-reaching implications of the make-or-break decisions CEOs and boards expect CFOs to make quickly.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Profit and Loss Compliance Finance 52

CFO Simplified

MAY 14, 2024

This requires more management because the risk of loss is greater, and the loss is instantaneous, and irrecoverable. KPIs: • Shrinkage Rate: Measures the loss of inventory due to spoilage, theft, or damage. Only then, can you truly make changes today that affect profitability tomorrow.

Profit and Loss 52

Profit and Loss Pharmaceutical Manufacturing Vendor Management 52

VCFO

MARCH 17, 2023

That’s because inventory is a key driver of several profit & loss (P&L) statement components, from revenue all the way down to net profit. The importance of effective inventory management in manufacturing is difficult to overstate.

Manufacturing 70

Manufacturing Forecasting Profit and Loss Benchmarking 70

Future CFO

JUNE 16, 2025

For this matter, automation has taken the spotlight to allow organisation heads to zoom out and look at the big picture, making way for more strategic planning to thrive amid the unending shifts in the market. Finance teams are under pressure to help their businesses stay resilient and profitable," Chung says.

Profit and Loss 52

Profit and Loss Finance Reconciliations Forecasting 52

CFO Talks

DECEMBER 26, 2021

SAIBA’s CEO, Nicolaas van Wyk, provides interesting feedback from the recent CFO World Congress in Mexico, how developments at COP26 will soon change a CFO’s reporting obligations, and the trends for CFOs going into 2022. CFO Talks is a brand of the South African Institute of Business Accountants. Welcome, Nicolaas.

CFO 40

CFO Profit and Loss Finance Accounting 40

CFO Share

APRIL 1, 2024

What to Expect When You Hire an Outsourced CFO The thought of hiring an outsourced Chief Financial Officer (CFO) has been on your mind, perhaps driven by stalled growth and advice from your mentors. Yet, hesitation shadows your resolve, fueled by fears of wasted money, loss of control, and dependency on a seemingly detached contractor.

CFO 52

CFO Profit and Loss Forecasting Financial Analysis 52