Remove Financial Reporting Remove Profit and Loss Remove Strategic Planning
article thumbnail

Tea Leaves and Financial Statements – Something in Common?

CFO Simplified

Financial reports contain the most important reading that a business owner looks at on a regular basis. And yet, for many business owners, reading financial statements can seem as helpful as reading tea leaves. Some of the issues that create confusion are the result of the way the reports are created. It’s that simple.

article thumbnail

The Future of Finance and Sustainability with Elizabeth Burns

CFO Talks

Before joining Gas de Cameroon, Elizabeth held senior roles such as Financial Director for AEL Mining Services in West Africa and Country Finance Director for Coca-Cola SABCO in Tanzania. Notably, she reversed a decade-long loss at Coca-Cola, doubled profits, and restructured major funding. Let’s take a step back in your career.

Finance 97
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How Serious Are You About Your Company’s Financial Success?

CFO Simplified

Most business owners get financial reports monthly: Profit and Loss, Balance Sheet, Statement of Cash Flows. The problem is, those monthly reports show your financial performance in the past — what has already occurred in your business. They’re just running historical reports. More profitably.

article thumbnail

Computer Retailer – Accounting Methods

CFO Simplified

But understanding your company’s profitability is critical to making the right decisions. Confusion over cash-versus-accrual reporting creates continuing questions for business owners. The business’ part-time CFO was providing financials that didn’t match the reports they received from their accountant. Initial contact –.

article thumbnail

Budget Tracking for Nonprofits

The Charity CFO

Budget tracking is the process of monitoring your nonprofit’s income and expenses to ensure they stay within your planned budget. Effective budget tracking is essential to financial transparency, efficient resource allocation, and strategic planning for your nonprofit. Get the free guide!

article thumbnail

A Business Growth Case Study

CFO Simplified

The company was profitable, but after some moves to expand the business, they were worried about depleting their cash reserves and using up their line of credit with the bank—which would put a halt to further expansion plans. The company opened an eBay store and turned the trade-in losses into a new profit center.

article thumbnail

Highest Paid CFOs in the World in 2024

The Finance Weekly

They also pitch in on major financial moves like mergers and fundraising. The CFO teams up with other bigwigs to get the lowdown on the ,, company's cash flow and make solid plans. They double-check financial reports for accuracy and offer advice to the company leaders and the board.

CFO 97