Financial statements

Role of a CFO

Jul 7, 2017 | Balance sheet, Budgets, Cash flow, CFO, Chief Financial Officer, Financial statements, Financials, Free consult, Income statements, Nonprofit bookkeeping, Nonprofits, Outsourced financials, P&L, Personal budgets

Your CFO is not only responsible for a company's finance and accounting function, they need to also be a a strategic partner who can help analyze a business’s strengths, weaknesses, and will assist in putting together a strategic plan. A CFO should be a forward...

An Effective Finance Team

Jun 23, 2017 | Balance sheet, Bookkeeping, Cash flow, Chief Financial Officer, Finance team, Financial statements, Financials, Free consult, Income statements

Your finance team is responsible for your company's bookkeeping, reporting, data analysis, paying bills, sending invoices, tracking the AR, and helping you grow. Their knowledge of needs to go beyond reporting the numbers. A CFO can help to identify cost saving...

The Difference Between Bills, Invoices and Statements

Jun 9, 2017 | Balance sheet, Bills, Bookkeeping, Cash flow, Chief Financial Officer, Finance team, Financial statements, Financials, Income statements, Invoices, Nonprofit bookkeeping, Nonprofits, Outsourced financials, P&L, Profit and loss

As a business owner, invoices are sent to customers who are not paying immediately after a job has been completed or a service was provided. Customers will be paying at a later time and an invoice is sent to break down the cost owed to you. A bill is money owed to a...

Presenting financials

Jun 2, 2017 | Balance sheet, Bookkeeping, Budgets, Cash flow, CFO, Chief Financial Officer, Finance committee, Finance team, Financial statements, Financials, Income statements, Invoices, Nonprofit bookkeeping, Nonprofits, Outsourced financials, P&L, Profit and loss

After carefully tracking and accounting for all transactions, a presentation of the financial statements helps business owners stay on top of their financials. It is helpful to start with the balance sheet, move on to the income statement, and end with your cash flow....

Tracking for grants

May 25, 2017 | Bookkeeping, Budgets, Cash flow, CFO, Chief Financial Officer, Finance committee, Finance team, Financial statements, Financials, Grants, Income statements, Invoices, Nonprofit bookkeeping, Nonprofit Consulting, Nonprofits, Outsourced financials, P&L, Profit and loss, Tracking grants, Uncategorized

Grants need to be accounted for at all times and many organizations do not realize that it is necessary to establish proper and transparent accounting practices in order to manage grants and continue to receive them. All income and expenditures from the grant need to...

Bookkeeping

May 12, 2017 | Balance sheet, Bookkeeping, Budgets, Cash flow, CFO, Chief Financial Officer, Finance committee, Finance team, Financial statements, Financials, Invoices, Nonprofit bookkeeping, Nonprofits, Outsourced financials, P&L, Profit and loss

Bookkeeping is keeping an accurate recording of a company's financial transactions. And although technology and accounting software has greatly eased the process, having a reliable and experienced bookkeeper is the first step in financial management. Financial...

The Purpose of Financial Statements

Apr 28, 2017 | Balance sheet, Bookkeeping, Budgets, Cash flow, CFO, Chief Financial Officer, Finance committee, Finance team, Financial statements, Financials, Income statements, Invoices, Nonprofit bookkeeping, Nonprofits, Outsourced financials, P&L, Profit and loss

Financial statements are the way that you can track the performance and changes of your company or organization. Regardless of the type of business or nonprofit you are running, there are many different people that would be interested in the financial statements...

Next Entries »

Financial statements

Role of a CFO

An Effective Finance Team

The Difference Between Bills, Invoices and Statements

Presenting financials

Tracking for grants

Bookkeeping

The Purpose of Financial Statements

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