Remove Financial Reporting Remove General Ledger Remove Profit and Loss Remove Sales
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How To Clean Up Business Financial Statements

CFO Share

Consistent financial reporting is critical for business management. These reports are the backbone of evaluating business performance – crucial for making informed decisions, attracting investors, and securing loans. What is a Financial Statement? You won’t be able to sell your business.

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Dealing with Obsolete Inventory

CFO Simplified

There are two major issues here: (1) how do you decide when something becomes obsolete and (2) how do you price it for quick sale? Sales – $10,000,000. Unfortunately, financial reporting had been inconsistent, so the owners wanted help putting together a set of financials that the bank would accept.