article thumbnail

Mastering Agency Finances: Why Glancing at Your Bank Statement Is NOT Good Enough

Adam Kae

[link] Beyond the Surface - The Essential Trio of Financial Statements To truly master your agency's finances, it's crucial to delve deeper. There are three fundamental financial statements that should be at the core of your financial management strategy: the cash flow statement, the profit and loss statement, and the balance sheet.

Finance 52
article thumbnail

What to Expect When You Hire an Outsourced CFO

CFO Share

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

To NPV or Not to NPV: That Is the Question

Fpanda Club

They tend to avoid losses and prefer to keep the things as they are rather than invest in risky innovation. It’s better to define minimally acceptable revenues, profits and cash flows and then identify the assumptions that must prove true to make those financials happen. which will be part of the allowable cost.

article thumbnail

Financial Elevation Group: Answers To EVERY Financial Question You've EVER Had About Your Business

Adam Kae

Have You Ever Asked Yourself the Following Question: "Where did all of my profit go?". They all reside on the Balance Sheet and not the Profit and Loss Statement. This connection between the 2 primary financial reports is why your bank balance is so low and your income tax bill is so high. Asset Purchases.

article thumbnail

What is Quality of Earnings?

CFO Share

A Quality of Earning report, also called a QOE or QofE report, helps investors understand the historic earnings and forward-looking performance of the business through rigorous financial analysis. QOE reports are one of the two most important components of due diligence when buying a company (the other being legal diligence.).

article thumbnail

Jedox platform release 2022.3 introduces new visualizations and planning assistance

Jedox Finance

These are commonly used in financial analysis to display how a net value is arrived at through time with gains and losses, or between actual and budgeted amounts. in action: reviewing a product line’s profitability and preparing for next year’s inflationary pressures. Waterfall chart. Example of 2022.3

article thumbnail

A Cost Benefit Analysis of Work from Home

CFO Share

Don’t get me wrong – employee satisfaction definitely affects profits. My finance team performed a rigorous cost benefit analysis of working from home and hybrid work versus our baseline of 100% working from office. Productivity is the net of all efficiency gains and losses. There is more to work than profits.