Words From the Mind of a CFO
Understanding Your Bottom Line: A Guide to Job Costing and Owner’s Equity
Understanding Your Bottom Line: A Guide to Job Costing and Owner's Equity Whether you call it job costing, project profitability, or project...
Reconciliations and the Month-End Close: The Key to Accurate Finances
Reconciliations and the Month-End Close: The Key to Accurate Finances Have you ever heard your bookkeeper or accountant mention "reconciliations" or...
Understanding Current Assets and Liabilities
Is Your Business "Short-Term" Healthy? Managing the cash flow of a business can often feel like a juggling act. To keep things moving, accountants...
Is Your Business Actually Making Money? The Cash Flow Truth
Is Your Business Actually Making Money? The Cash Flow Truth Most people think that as long as there is money in the bank, their business is doing...
The Business Owner’s Guide to Understanding Budgeting and Forecasts
The Business Owner’s Guide to Understanding Budgeting and Forecasts Let’s talk about your budget. Now, when I bring up that word for some of my...
Understanding Liquidity vs. Profitability
Is Your Business Actually Healthy? Understanding Liquidity vs. Profitability Financial jargon can make anyone’s head spin: but at the end of the...
Understanding Your Current Ratio and Insolvency
Is Your Business "Healthy"? The One Number You Need to Know We often talk about profit, but there is a much more important metric (or KPI) that...
Calculating Your Burn Rate and Cash Reserves
Is Your Business "Burning" Cash? The Simple Guide to Staying Afloat Financial jargon can sound a little intimidating. Terms like Burn Rate sound...
Master Your Cash Flow: A Simple Guide to AR and AP
The Secret to Getting Paid and Staying Organized: Understanding AR and AP If you run a business, you know the stress of wondering where your money...
What is the Difference Between Depreciation and Amortization?
Making Sense of the "Invisible" Expenses: Depreciation and Amortization Have you ever looked at a business income statement and wondered how a...