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What is Quality of Earnings?

CFO Share

Audited financial statements focus on compliance with GAAP accounting standards, whereas Quality of Earnings reports focus on the company’s earnings history and potential. Sales concentrations and/or backlog risk. What is the difference between a quality of earnings report and an audit? Transactions with related parties.

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The 3 Jobs Your Startup Should Outsource

Boston Startup CFO

Accountant: If your financial status doesn’t warrant hiring a CFO, you still need financial support; at the very least, you’ll need help with your day-to-day accounting and regulatory compliance. When you outsource necessary functions on an as-needed basis, you can concentrate your internal team efforts where they are most needed: growth.