by David Guyaux | Jul 4, 2022 | Bookkeeping, Finance Knowledge, Financial Strategy, Financial Systems, General Business
A Profit and Loss (P&L) Report, also called a Profit and Loss Statement, is a key financial document that details a company’s income and expenses over a specific period of time. This time period is typically a month, a quarter or a year. Depending on company needs...
by Mikelle Despain | Jun 22, 2022 | Bookkeeping, Finance Knowledge, Financial Controllers, Financial Strategy, Financial Systems, General Business
When a business sale, acquisition, or major investment is contemplated, one important step in the due diligence process is the generation of a Quality of Earnings report, sometimes abbreviated as QOE. Even though a company may have strong financial statements, those...
by Eric Dorfman | Jan 5, 2022 | accounting, Bookkeeping, Chief Financial Officers, Finance Knowledge, Financial Controllers, Fractional CFO Services
A virtual CFO, also called a VCFO or fractional CFO, is a consultant or company that provides CFO services to one or more businesses on a part-time or ad-hoc basis. In the past, a true CFO was usually a highly paid, full-time employee that only large corporations...
by Mikelle Despain | Dec 12, 2019 | Bookkeeping
When a company first starts out, the owner is often a Jack-of-All Trades, doing everything from interfacing with clients, developing product, and keeping the books. Although dipping into different disciplines can be exciting, there does come a time when delegation is...
