CFO Simplified

JANUARY 10, 2022

Financial reports contain the most important reading that a business owner looks at on a regular basis. And yet, for many business owners, reading financial statements can seem as helpful as reading tea leaves. Some of the issues that create confusion are the result of the way the reports are created. It’s that simple.

Profit and Loss 52

Profit and Loss Financial Reporting Invoicing Sales 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 Simplified

JUNE 1, 2023

Most business owners get financial reports monthly: Profit and Loss, Balance Sheet, Statement of Cash Flows. The problem is, those monthly reports show your financial performance in the past — what has already occurred in your business. They’re just running historical reports. More profitably.

Cash Flow Forecasting 52

Cash Flow Forecasting Profit and Loss Strategic Planning CFO 52

The Finance Weekly

MARCH 25, 2024

They also pitch in on major financial moves like mergers and fundraising. The CFO teams up with other bigwigs to get the lowdown on the ,, company's cash flow and make solid plans. They double-check financial reports for accuracy and offer advice to the company leaders and the board.

CFO 97

CFO Finance Forecasting GAAP 97

CFO Simplified

FEBRUARY 17, 2022

But understanding your company’s profitability is critical to making the right decisions. Confusion over cash-versus-accrual reporting creates continuing questions for business owners. The business’ part-time CFO was providing financials that didn’t match the reports they received from their accountant. Initial contact –.

Accounting 52

Accounting Retail Profit and Loss Cash Flow Forecasting 52

CFO Simplified

FEBRUARY 17, 2022

The company was profitable, but after some moves to expand the business, they were worried about depleting their cash reserves and using up their line of credit with the bank—which would put a halt to further expansion plans. The company opened an eBay store and turned the trade-in losses into a new profit center.

Profit and Loss 52

Profit and Loss Cash Flow Forecasting CFO Financial Reporting 52

CFO Talks

DECEMBER 26, 2021

To do that you need to have a fixed set of standards, you have to get all companies to buy into these standards and then you have to get the auditors to issue reports following, again, a universal methodology on where the companies are following the standards. We can do better, and we should do better.

CFO 40

CFO Profit and Loss Finance Accounting 40