Remove Accounting Remove CFO Remove Cost Analysis
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Success in Succession

CFO Simplified

Heres what we found: The biggest problem was labor overrunsprojects kept blowing past their estimated costs Project estimates were often overly optimistic, especially when it came to labor Supervision of employees was loose, and no one was keeping track of time expectations or labor costs. Leadership skills are critical.

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The Shift to Predictive Accounting

Planful

In the last few decades, management accountants have made significant strides in improving the utility and accuracy of the costs they calculate and report. Examples include driver-based rolling financial forecasts and true marginal cost analysis for what-if scenarios. . What is the purpose of management accounting?

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Outsourced CFOs An Affordable Option For Small Business

CFO Share

You may find yourself at a crossroads: should you hire an in-house finance manager or an outsourced Chief Financial Officer (CFO)? Understanding the cost implications of each option will help you make an informed decision. What are Outsourced CFOs? All things considered, an outsourced CFO may save you up to $80k/yr.

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How storytelling helps FP&A succeed

Future CFO

To do that I made a deep dive cost analysis to understand the main reasons behind that change. I found one cost element, stickering and packaging, that was driving the increase in the cost of sales. When I dug further in my analysis, I found the significant cost increase in stickering.