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, 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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Tue Sep 22, 2020 | | Business, Cash Management, CFO Services, Financial Controller Services, Financial Reporting

5 Tips to Avoid the Most Common Financial Pitfalls for Business Owners


avoid financial pitfalls

No matter how brilliant an entrepreneur or business owner might be when running their business, without a good plan to maintain their company’s financial well-being, it will be difficult for their business to thrive. Regardless of industry or sector, we hear many of the same pain points that keep owners awake at night. The most successful businesses, just like people, form habits that lead to their ultimate success. Here are the top 5 action steps successful companies implement for financial success and prevent financial pitfalls.

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Wed Aug 26, 2020 | | Business, Cash Management, CFO Services

Get Your Business Back On The Road To Recovery: 3 Tips


business road to recovery

Although the pandemic is not over yet, and many businesses are still shut down or only operating at a limited capacity, it’s important to start planning now for getting your business back up and running in new and changing environments. Here are 3 tips to help get your business back on the road to recovery.

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Sat Jun 6, 2020 | | Cash Management

Cash Management Strategies: 10 Things You Need To Know


10-Things-You-Probably-Didnt-Know-About-Cash-Management-Strategies

When it comes to business, cash flow is king. The money you have at your disposal at any given time, without the burden of debt, is oftentimes what makes the difference between success and failure. Here are 10 cash management strategies that you probably didn’t even know existed:

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