Sat Oct 10, 2020 | | Business, Cash Management, Financial Reporting

What Is the Objective of Financial Reporting?


Objective of Financial Reporting

If you own or invest in a business, you know that companies produce financial reports at least once a year. But do you know what they’re telling you? Different types of reports exist that can tell you different things. However, the overall objective of financial reporting is to provide information about the finances of a company while complying with regulations.

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Sat Oct 10, 2020 | | Business, CFO Services, Financial Reporting

Why and How to Hire a CFO


how to hire a cfo

If you have a small business, you might think you don’t need to hire a CFO. After all, a chief financial officer is a high-paying position only needed in big corporations making over 100 million dollars, right?

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Sat Oct 10, 2020 | | Business, Cash Management

What You Should Know About Your Balance Sheet?


balance sheet

Many business owners receive a monthly or quarterly balance sheet, but do not frequently analyze it or know what to look for. Many owners do not understand why the balance sheet is important.  Sometimes companies pay someone to prepare a balance sheet and it’s another item that just sits in their inbox.

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