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

Adam Kae

However, there's one area where a surprisingly large number of agency owners fall short - managing their own finances. 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
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The Role of a CFO in Financial Risk Management

CFO Share

This involves monitoring market risks, managing credit exposures, maintaining adequate liquidity, and implementing robust internal controls to prevent financial losses and ensure financial stability. Financial risk management is about identifying, evaluating, and addressing financial threats that could harm a company’s assets.

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Peloton Shares Sink On Slowing Revenue Growth

PYMNTS

Shares in fitness company Peloton dived 12 percent after the company posted a disappointing earnings report that showed widening losses, according to a report Wednesday (Feb.6) The company said its net losses expanded to $55.4 The company was expected to suffer a larger loss at 36 cents a share. “At 6) by CNBC.

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Five Focal Points for Future-Ready CFOs

CFO Leadership

While public companies are legally obligated (or are soon expected to be obligated) to meet a growing number of ESG-related regulatory requirements around the world, many of these compliance burdens – and reporting requirements, in particular – also extend to private companies and smaller organizations that conduct business with public companies.

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Five Focal Points for Future-Ready CFOs

CFO Leadership

While public companies are legally obligated (or are soon expected to be obligated) to meet a growing number of ESG-related regulatory requirements around the world, many of these compliance burdens – and reporting requirements, in particular – also extend to private companies and smaller organizations that conduct business with public companies.

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Inventory Management Guide for 2024

The Finance Weekly

On the flip side, having too much stock can tie up your resources and lead to losses from items going bad or becoming outdated. These SKUs usually combine letters and numbers to convey crucial product details swiftly. So, prioritize those inventory receipts in your plan. And all of that affects your profits.

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Data Update 5 for 2024: Profitability - The End Game for Business?

Musings on Markets

Since businesses invest that capital in their operations, generally, and in individual projects (or assets), specifically, the big question is whether they generate enough in profits to meet these hurdle rate requirements. While private businesses are often described as profit maximizers, the truth is that if they should be value maximizers.