Remove Cash Management Remove GAAP Remove Strategic Planning
article thumbnail

Financial Accounting Hierarchy - By JP Puchulu

Boston Startup CFO

They prepare the income statement, balance sheet, and statement of cash flows using the accrual accounting method. Familiarity with Generally Accepted Accounting Principles (GAAP) is essential. Leave the Minotaur of financial confusion in your wake as you sail towards success, guided by the wisdom of skilled Fractional CFOs.

article thumbnail

The 3 Jobs Your Startup Should Outsource

Boston Startup CFO

Outsourcing your bookkeeping to the right firm will give you the support you need for cash management, AP/AR, financial close and taxes. You can also hire a consulting group to provide accounting support on a project basis. David Ehrenberg is the CEO of Early Growth Financial Services.

article thumbnail

Best Practices from the CFO Suite

BlueLight

Post Series B, it becomes a full-time job to support strategic planning. Building strategic goals with the CEO and Board of Directors, then making sure the functional organizations get the information they need to execute on the strategy.” “There are three primary components to the CFO position. Edited for readability.

CFO 52