CFO News Room

NOVEMBER 23, 2022

He joined oil and gas company BG Group in their budgeting and forecasting team to broaden his management accounting and reporting experience. He then moved to the security construction technology company ICx Technologies as division controller. Global issues affecting finance.

Finance 130

Finance Profit and Loss Construction Transportation 130

Global Finance

MAY 8, 2024

Lending rates followed central bank tightening moves, while deposit rates lagged; and across the region, there were some record profits. In Japan, profits at the country’s five most prominent banking groups leapt 56% to a record ¥2 trillion (about $12.6 billion after-tax profit versus $8.3 billion; a 2.3% billion in 2022.

Banking 52

Banking Profit and Loss Construction Retail 52

CFO Strategic Partners

OCTOBER 6, 2021

Since the onset of the pandemic, many materials have become more difficult to secure, causing inventory problems. Not surprisingly, an overwhelming number of organizations who participated in the survey are struggling with staffing shortages and inability to find talent to optimize profits.

CFO 52

CFO Profit and Loss Healthcare Construction 52

Musings on Markets

AUGUST 19, 2024

Not surprisingly, the operating metrics change as companies age, with high revenue growth accompanied by big losses (from work-in-progress business models) and large reinvestment needs (to delivery future growth) in early-stage companies to large profits and free cash flows in the mature phase to stresses on growth and margins in decline.

Corporate Finance 96

Corporate Finance Valuation Investments Finance 96

Cube Software

MAY 11, 2023

The Securities and Exchange Commission (SEC) requires that discrepancies between pro forma and GAAP-compliant financial reports be explained when released to the public. They're constructed to answer specific questions relevant to one or more of the financial statements. Pro forma statements are also used to secure financing.

GAAP 40

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

Spreadym

AUGUST 8, 2023

An operating budget is a financial plan that outlines the projected revenues and expenses of an organization or business for a specific period, typically a fiscal year. Operating budgets are crucial for maintaining financial stability, making informed decisions, and evaluating performance.

Budgeting 52

Budgeting Prioritization Profit and Loss Construction 52

CFO News Room

NOVEMBER 28, 2022

Outside of work, he serves as a volunteer financial planner and class instructor for non-profits in the Northern Virginia area. When consumers think about cash flow management, the word ‘budget’ might come to mind. He has an MA from Johns Hopkins University and a BA from the University of Virginia. Read more of Adam’s articles here.

Tax Planning 130

Tax Planning Planning Investments Profit and Loss 130