Monthly Archives: June 2017

LIFO vs. FIFO: Choosing the Right Inventory Valuation Method

Arthur F. Rothberg, Managing Director, CFO Edge, LLC Choosing the right inventory method – LIFO vs. FIFO – is a critical inventory management decision for manufacturers, wholesalers and retailers. The significance of choosing Last-In, First-Out (LIFO) accounting or First-In, First-Out … Continue reading

Posted in Accounting Systems Design, CFO Services, Inventory Management, Los Angeles | Tagged , , , , , , , , , , , | Leave a comment

What to Know When You’re Transitioning Accounting Duties

This article is by Mark S. Becker, Partner, CFO Edge, LLC. Transitioning accounting duties comes into play in scenarios like an acquisition, a merger or outsourcing accounting to a third-party services provider. Challenges in transitioning accounting duties occur if procedures … Continue reading

Posted in Accounting Systems Design, Acquisition Accounting, CFO Services, Financial Reporting, Los Angeles, Merger & Acquisition Planning | Tagged , , , , , , , , | Leave a comment

The Benefits of Forming a Captive Insurance Company

This week’s article is by John W. Braine, Partner, CFO Edge, LLC. Challenges presented by current business insurance offerings can include coverage gaps, exclusions and uncontrolled premium changes. Companies who form, own and control their captive insurance company establish a … Continue reading

Posted in Business Insurance Coverage, CFO Services, Corporate Governance, Los Angeles, Risk Management | Tagged , , , , , , , , , | Leave a comment

Does Your Business Have a Buy-Sell Agreement?

This week’s article is by Arthur F. Rothberg, Managing Director, CFO Edge, LLC. Small and mid-sized business owners without buy-sell agreements increase risks of negative outcomes for their families, partners and employees should they unexpectedly pass away or become disabled. … Continue reading

Posted in Business Valuation, Buy-Sell Agreements, Buying a Business, CFO Services, Contract Negotiation, Exit Planning, Los Angeles, Selling a Business, Succession Planning | Tagged , , , , , , , , , | Leave a comment