Have you ever sat down at your desk and seen papers everywhere, little to zero organization, and not been able to tell where your company stood financially right away? It is easy for financial leaders, executives, and other business leaders to get in this messy state. Sure, you may have once had accurate records and
See Also: Key Performance Indicators (KPI’s) Collection Effectiveness Index (CEI) How Does a CFO Bring Value to a Company? Multiple of Earnings Continuous Accounting: The New Age of Accounting Budgeting 101: Creating Successful Budgets Normalized Earnings are adjustments made to the income statement in preparation to show potential buyers of the company. When making these
See Also: Reducing Your Cash Conversion Cycle Key Performance Indicators (KPI’s) Accounting Principles 1, 2, and 3 Accounting Principles 5, 6, and 7 Continuous Accounting: The New Age of Accounting Continuous Accounting is the new age of accounting. It provides a more efficient way to review financial performance in a real-time automated process, and a trustworthy, repeatable accounting cycle
Whether times are good or bad, one task that companies still must undertake is projecting revenue. The tougher the times, the more important these forecasts become. When projecting revenue, it’s important to remember that your customer base is likely worldwide. Consequently, you must consider what type of economy your customer is operating in to accurately
As a financial leader, you look at financial statements every single day. But how do you analyze those statements? Sometimes financial statements can appear to be just a list of numbers that are simply there for record keeping. But the true purpose of keeping and updating financial statements is to have information to make better
When we start a consulting engagement with a new client, one of the first tools we implement is the Daily Cash Report. While the concept is simple, the results can be very powerful. If you’ve ever realized on Thursday afternoon that you don’t have enough cash for Friday’s payroll, then you know exactly what I
Many of us struggle with the notion of networking. We know we should do it, but how do you fit it in with everything else going on? Given that the benefits of networking are often not seen until months or years later, it’s easy to put it at the bottom of the “to-do” list. Networking
See Also: Return on Invested Capital (ROIC) Return on Common Equity Internal Rate of Return Method Return on Investment (ROI) Definition Return on investment (ROI) is the ratio of profit made in a financial year as a percentage of an investment. In other words, ROI reveals the overall benefit (return) of an investment using the
See Also: Return on Equity Analysis Required Rate of Return Return on Asset Analysis Financial Ratios Weighted Average Cost of Capital (WACC) Return on Capital Employed (ROCE) Return on Invested Capital (ROIC) Definition The return on invested capital (ROIC) is the percentage amount that a company is making for every percentage point over the Cost
See Also: Relationship with Your Lender Finding the Right Lender The Dilemma of Financing a Start-up Company Every Business has a Funding Source, Few have a Lender Required Rate of Return Venture Capital What Does A Lender Want To Know? I had a conversation with a prospect that needed working capital funding. He asked, “What
See Also: Accounts Payable Unearned Revenue Definition Unearned revenues are titles for certain revenues that have not been earned. You can also call unearned revenues deferred revenues. Though it seems comically intuitive, unearned revenue is very important and often observed in the real world. In accounting, they are represented as liabilities on the balance sheet. This is
See Also: Transaction Exposure Currency Swap Exchange Traded Funds Hedge Funds Fixed Income Securities Translation Exposure Translation exposure is a type of foreign exchange risk faced by multinational corporations that have subsidiaries operating in another country. It is the risk that foreign exchange rate fluctuations will adversely affect the translation of the subsidiary’s assets and
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™
