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SEC Flags Benchmark That Obscured WeWork’s Bottom Line

PYMNTS

The contribution margin — also used by Lyft and Peloton — ignores fixed and startup costs, and highlights core service revenue. The company used generally accepted accounting principles (GAAP) to essentially turn a $1.9 billion net loss into a $142 million profit. Peloton turned a $50 million loss into a $42 million profit.

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EBITDA in Financial Analysis

Spreadym

Investment Decisions: EBITDA can be a valuable metric for investors and potential buyers. Companies need to invest in new equipment, facilities, and technology to stay competitive and sustain their operations. Ignoring CapEx can lead to an overly optimistic view of a company's financial health.

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Which IRS Form 990 Should Your Nonprofit File?

The Charity CFO

It simplifies the filing process for very small and startup nonprofits. . If your organization falls into the $50,000-$200,000 range but must complete an annual audit for funding or GAAP purposes, it is wise to skip Form 990-EZ and head straight to the full form. . Simple e-postcard for nonprofits earning less than $50,000/year.

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Controller vs. CFO: Which is Best for your Company?

The Finance Weekly

In addition to accounting processes, the CFO leads prospective financial activities that are part of the vision: forecasting, budgeting, mergers, and investments. In addition, CFOs have a unique combination of short and long term perspectives on investments that are very valuable to the CEO. The case for a CFO.

CFO 52
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Lending Club’s Terrible Twos

PYMNTS

“When I founded my first startup, it got me thinking — banks are middlemen that can and should be disrupted,” Laplanche noted in a 2007 interview on how he came up with the idea of Lending Club. to disclose more about its lending operations and has questioned the company’s use of tailored “non-GAAP” financial measures.

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Best Practices from the CFO Suite

BlueLight

Forward In the current economic crisis, business leaders from early-stage startups to large multinational corporations have had to make difficult decisions. The companies represented include venture backed startups, mid-sized businesses, and large multinationals. In the startup world, unit economics is the new product market fit.

CFO 52
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The 5 Best Financial Reporting Software to Enhance the Productivity of CFO

Spreadym

Xero: Another popular cloud-based accounting software with strong financial reporting features, particularly favored by small businesses and startups. Compliance: Adherence to accounting standards and regulations, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).