The Finance Weekly

FEBRUARY 23, 2022

A study by the University of Baltimore and Excel-based FP&A company, , DataRails , lays out the full economic costs of businesses sticking with manually prepared financial reports. billion is the first number that came out of the research and this represents the total amount of money lost by manual financial work.

Financial Planning and Analysis (FP&A) 83

Financial Planning and Analysis (FP&A) Profit and Loss Budgeting Math 83

Creative CFP

NOVEMBER 2, 2020

The cash flow statement is the final piece of the puzzle when it comes to the monthly management reports that we prepare here at Creative CFO. This is without a doubt one of the most important and often overlooked financial reports within the monthly report pack. In essence, profits do not always equal cash.

Profit and Loss 52

Profit and Loss Cash Flow Forecasting Invoicing Forecasting 52

The Charity CFO

DECEMBER 27, 2023

However, small nonprofits may not have access to the same resources as for-profit businesses or large nonprofits. For many employees, a good health plan is almost as important as financial compensation. Group health insurance plans are one of the most common ways to provide insurance for employees.

Nonprofit 52

Nonprofit Budgeting Profit and Loss Transportation 52

CFO Simplified

SEPTEMBER 11, 2023

Of course, planning is the key to any successful activity, and cash is not excluded from the planning cycle. I think that the Statement of Cash Flows is the disrespected stepsister of financial reporting, much like Cinderella. By comparison, it’s much like your Profit and Loss statement.

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Profit and Loss Financial Reporting 52

The Charity CFO

AUGUST 15, 2023

Myth #1: Nonprofit Accounting is Completely Different from For-Profit Accounting One reason accountants seeking a new role may steer clear of a nonprofit accounting position is that they assume the methods are completely different. In the for-profit world, revenue is typically only recorded when earned or cash has been collected.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

Cube Software

MAY 10, 2023

This could be retail stores offering layaway plans or a media company offering subscriptions to streaming services. It is important to accurately track and report unearned revenue, so you can properly manage profit margins. It helps companies assess their progress, manage risks, and make informed investment decisions.

GAAP 52

GAAP Profit and Loss Accounting Principles Financial Data 52

Future CFO

JULY 13, 2020

“With the sales being affected with advertisers not placing the ads, we are mulling over scenarios where we adapt a revenue-share or profit-share basis to be able to fund new programmes. Because programming licenses are very high, and we may not meet some profitability scenarios that we have. Umeer Zahoor.

Planning 52

Planning Finance Manufacturing Advertising 52

PYMNTS

NOVEMBER 29, 2019

“SoulCycle’s board and Whelan have come to a mutual agreement in which Sunder Reddy, SoulCycle’s chief financial officer since 2017, will assume the role of interim CEO while the company conducts a search for a permanent replacement. The company’s net loss stood at $49.8 Peloton Trends. million in the quarter, down from $54.5

Profit and Loss 59

Profit and Loss Leadership Financial Reporting Marketing 59

Cube Software

MAY 11, 2023

What is a pro forma financial statement? No business can survive without planning. These financial modeling tools are one of the most important to help a company prepare for any kind of scenario imaginable and map out a future trajectory. Think of pro forma statements as a monetary crystal ball, a guiding financial forecast.

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40

Planful

JANUARY 11, 2022

Consistent with their 2018 forecast, McKinsey’s late 2020 study found that organizations that invested more in digital than their competitors were twice as likely to report outsize revenue growth. This was great for business but led to increasingly long financial reconciliation times. What does this all mean?

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

Spreadym

AUGUST 10, 2023

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have. What is financial reporting software?

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

Musings on Markets

NOVEMBER 1, 2023

I was planning to start this post by telling you that Tesla was back in the news, but that would be misleading, since Tesla never leaves the news. First, I learned that the company was capable of generating growth much more efficiently, and more flexibly, than other auto companies, reducing the capital investment needed for growth.

Valuation 114

Valuation Profit and Loss Numbers Sales 114

Future CFO

SEPTEMBER 14, 2020

These jobs require the human skills of decision-making, connecting, coaching, planning, and creative work. Amid the COVID-19 crisis, businesses face an ever-growing collection of threats that, if not appropriately acted upon, can irreparably damage the financial outlook of a given company and lead to job losses as a result.

Accounting 40

Accounting Leadership Finance Profit and Loss 40

The Charity CFO

JANUARY 17, 2022

And then, there are a series of reports and financial statements you’ll use to communicate the financial reality of your organization to potential donors, the IRS, watchdog agencies, and other stakeholders. The basic accounting principles for nonprofit organizations are the same as accounting for for-profit companies. .

Nonprofit 98

Nonprofit Accounting Profit and Loss Accounts Payable 98

CFO Talks

DECEMBER 26, 2021

So that’s climate change reporting, where it seems that the world’s investors would stop investing in your company, if you do not issue a progress report on how to get your company to net zero. The driver of that reporting will obviously be the CFO. You’ve mentioned the PIC.

CFO 40

CFO Profit and Loss Finance Accounting 40

Jedox Finance

JULY 11, 2023

According to KPMG, 65% of international dealmakers believe ESG is a key consideration when making investments and in merger and acquisition decisions, 1 and EY reports that 99% of investors use ESG disclosures as a part of their investment decision-making.

Financial Planning and Analysis (FP&A) 52

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

Barry Ritholtz

SEPTEMBER 12, 2022

She is Head of North America Investments for Citi Global Wealth, which is a giant wealth management arm of the giant Citibank. It’s a town of about 4,000 people, so exposure to markets or investment banking or any of the careers in finance was not something that you really envisioned. Her name is Kristen Bitterly Michell.

Investments 114

Investments Marketing Profit and Loss Banking 114

Barry Ritholtz

NOVEMBER 7, 2023

And that’s me being like the, the know-It-all, you know, financial reporter. So 00:13:04 [Speaker Changed] It sounds like almost a legitimate business plan. We are gonna give you a financial incentive to exercise and it’ll all take place in crypto on the blockchain. We’re all stuck at home.

Numbers 60

Numbers Profit and Loss Banking Finance 60