See Also: Compound Annual Growth Rate (CAGR) Financial Reporting Financial Ratios Balance Sheet Standard Chart of Accounts Common Size Financial Statement Balancing the Balance Sheet Income Statement Definition The income statement definition is a financial statement that shows a company’s revenues and expenses over a period of time. Furthermore, it reports a company’s financial performance
See Also: Inventory Turnover Ratio Analysis Inventory to Working Capital Perpetual Inventory System Just in Time Inventory System Work in Progress LIFO vs FIFO – Last In, First Out vs First In, First Out In the field of accounting, LIFO vs FIFO are two methods of valuing inventory. LIFO assumes the last items acquired are
See Also: How to Prepare a Breakeven Analysis Contribution Margin Cost Volume Profit Model ProForma Financial Statements Net Profit Margin Analysis Prepare an Investor Package The Investor Package serves as a medium to visually communicate to the Owner/Management financial information which they might otherwise have difficulty digesting in financial statements. This is not unusual since
See also: Just in Time Inventory System Perpetual Inventory System Inventory Turnover Ratio Analysis Days Inventory Outstanding LIFO vs FIFO Inventoriable Costs In accounting, inventoriable costs refer to all costs incurred to obtain or produce the end-products. Apply these costs to the products the company produces and sells. The cost of raw materials, direct labor,
See Also: Financial Instruments Finance Beta Definition Generally Accepted Accounting Principles (GAAP) Financial Accounting Standards Board (FASB) Financial Ratios International Financial Reporting Standards (IFRS) The International Financial Reporting Standards (IFRS) are a set of rules and standards for preparing financial statements. An organization called the International Accounting Standards Board (IASB) issued the IFRS. The goal
See Also: Interest Expense Formula What is Compound Interest Effective Rate of Interest Calculation Nominal Interest Rate When is Interest Rate Not as Important in Selecting a Loan? Capitalized Interest Interest Expense Definition Interest expense, defined as a non-operating expense on the income statement, occurs anywhere money is borrowed. Consider this part of a company’s
See Also: Cash Flow After Tax 13 Week Cash Flow Report How to Produce Realistic Sales Projections Optimistic Projections Why Most Sales Projections Fail Cash Flow Projections Financial statements are the basic building block for understanding how a business is doing. They provide management a way to assess the results and consequences of past decisions.
See Also: EBITDA Definition EBITDA Formula Calculate EBITDA Discounted Cash Flow Analysis Cost of Capital Funding Capital Asset Pricing Model Discount Rates NPV Adjusted EBITDA EBITDA Definition | What is EBITDA? The EBITDA definition is earnings before interest, taxes, depreciation, and amortization. It measures a company’s financial performance by computing earnings from core business operations,
See Also: Current Assets Fixed Assets Balance Sheet Income Statement Depreciation Asset Disposal Definition Asset disposal is the act of selling an asset usually a long term asset that has been depreciated over its useful life like production equipment. Disposal of Assets Explanation According to its depreciation, many companies contain an asset disposal policy to
See Also: Manufacturing Cost Direct Materials Direct Labor Overhead Direct Cost vs. Indirect Cost Cost of Goods Sold (COGS) Definition Cost of Goods Sold (COGS), defined as the inventory expense that is sold to customers and is known as the largest expense to a company. It is also referred to as the Cost of Sales,
See Also: Price Earnings Growth Ratio Analysis Value Drivers: Building Reliable Systems to Sustain the Growth of the Business Income Statement Balance Sheet Cash Flow Statement Compound Annual Growth Rate Definition (CAGR) Definition The compound annual growth rate (CAGR), defined is the proportional growth rate from year to year for a business. It is essentially
See also: Problems in Chart of Account Design Complex COA Number for SGA Expenses Example Chart of Accounts for Selling General and Administrative Account Reconciliation Account Reconcilement Definition Chart of Accounts Defined The chart of accounts (COA) is a listing of the general ledger accounts used by an organization to record transactions. For example, the
JOIN THE NEXT STRATEGIC CFO™ WORKSHOP SERIES
Strategic CFO™ Financial Leadership Workshop
The Art Of The CFO®
August 7-10th, 2023
CONNECT WITH STRATEGIC CFO™
