Remove Financial Reporting Remove Manufacturing Remove Profit and Loss
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Cash Basis vs. Accrual Basis: What’s the Difference?

CFO Simplified

Here, you’d have a huge amount of profit all at once. However, if you paid to cover all those past due payments, you would register a HUGE loss in that month because of the high amount of cash going out of your business. That net is how much of a profit or loss you had for that month.

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The Future of Finance and Sustainability with Elizabeth Burns

CFO Talks

. “We’ve had a 40% reduction in carbon dioxide, an 80% reduction in nitrogen oxide, and a near 100% reduction in particulates,” she shared during the CFO Club podcast, emphasizing the tangible impact of GDC’s clean energy initiatives on Cameroon’s manufacturing sector. Our last two wells cost over $100 million,” she noted.

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This FP&A Factor will Cost US Businesses $7,800,000,000 in 2022

The Finance Weekly

A study by the University of Baltimore and Excel-based FP&A company, , DataRails , lays out the full economic costs of businesses sticking with manually prepared financial reports. billion is the first number that came out of the research and this represents the total amount of money lost by manual financial work.

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Navigating IFRS, Key Updates and Changes

CFO Talks

Navigating IFRS , Key Updates and Changes Introduction In today’s fast-paced financial world, staying up to date with the latest International Financial Reporting Standards (IFRS) is critical for CFOs. CFOs must ensure stakeholders understand this shift and its implications for financial statements.

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A Modern Nonprofit Podcast: Talking Through WIN-WIN (Warehouse) Scenarios

The Charity CFO

manufacturer, distributor, consumer processes.) When liquidation takes place, more often than not the corporation would be at a negative or loss on the resale of office chairs. Do You Struggle to Make Sense of Your Financial Statements? Because of this, they] are stuck in different areas and that is problematic.’

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Dealing with Obsolete Inventory

CFO Simplified

For manufacturers, retailers, or wholesale distributors, inventory is likely the largest item on their balance sheet. Business – Dress Manufacturer. Unfortunately, financial reporting had been inconsistent, so the owners wanted help putting together a set of financials that the bank would accept. Recommendations.

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Identifying the Real Cost of Production

CFO Simplified

Knowing the actual cost of production is critical to setting accurate pricing and therefore profitability for any manufacturing company. Getting to the real numbers are the key to profitability. Significant Findings, Recommendations and Course of Action: Monthly Reporting Package. Bring Value through CFO Insights.