Category Archives: Corporate Governance

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

Now is the Time to Prepare for New Accounting Standards

This week’s article is by Arthur F. Rothberg, Managing Director, CFO Edge, LLC. Rapidly-approaching implementation dates for FASB and IASB changes in revenue recognition and lease accounting mean now is the time to prepare for new accounting standards. Revenue Recognition … Continue reading

Posted in Accounting Standards, CFO Services, Contract Negotiation, Corporate Governance, Financial Covenants, Financial Regulations, Financial Reporting, Financial Statements, Generally Accepted Accounting Principles (GAAP), Lease Accounting Changes, Los Angeles, Revenue Recognition | Tagged , , , , , , , , , , , | Leave a comment

Why You Must Keep Your Key Advisors Consistently Informed

This week’s article is by Michael K. Menerey, Partner, CFO Edge, LLC. For small and mid-sized firms, “as needed” working relationships with their key advisors – like CPAs, attorneys and other professionals – are beneficial in that full-time positions, salaries … Continue reading

Posted in Business Health & Checkup, CFO Services, Corporate Governance, Financial Strategy, Growth Strategies, Los Angeles, Professional Services Firms, Strategic Planning | Tagged , , , , , , , , , , , | Leave a comment

The Importance of Keeping Your House in Order

This week’s post and linked full PDF are by Michael K. Menerey, Partner, CFO Edge, LLC. When they don’t keep their financial and business house in order, executives leading small and mid-sized companies face more hurdles as they seek funding … Continue reading

Posted in CFO Services, Corporate Governance, Financial Infrastructure, Financial Leadership, Financial Strategy, Financing, Financing Presentations, Los Angeles | Tagged , , , , , , | Leave a comment

Centralized vs. Decentralized Organizational Structure

This week’s post and linked full PDF are by Sherry Rahbar, Partner, CFO Edge, LLC. Weighing the relative merits of a centralized vs. decentralized organizational structure is important as the outcome forms the basic business framework and how decisions will … Continue reading

Posted in CFO Services, Corporate Governance, Los Angeles, Mission Vision Values & Culture, Organizational Structure | Tagged , , , , , , , , , , | Leave a comment

The Benefits of Creating Effective Policies & Procedures

This week’s post and linked full PDF are by John W. Braine, Partner, CFO Edge, LLC. Sometimes overlooked by executives leading smaller firms are the importance and many benefits of creating effective policies and procedures (P&Ps). While they are often … Continue reading

Posted in CFO Services, Corporate Governance, Internal Controls, Los Angeles, Mission Vision Values & Culture, Operational Infrastructure, Policies & Procedures (P&Ps), Risk Management | Tagged , , , , , , , , , | Leave a comment

How to Guard Against Unpleasant Regulatory Surprises

This week’s post and full PDF are by Michael K. Menerey, Partner, CFO Edge, LLC. Among the myriad challenges faced by executives owning and managing small and mid-sized businesses is one often overlooked: unpleasant regulatory surprises implemented by government agencies. … Continue reading

Posted in CFO Services, Corporate Governance, Enterprise Risk Management - ERM, Financial Regulations, Regulatory Compliance, Risk Management | Tagged , , , , , | Leave a comment

Start Preparing Now for New Revenue Recognition Standard

This week’s post and linked full PDF are by Howard Goldman, Partner, CFO Edge, LLC. While the effective dates have been delayed for the new FASB/IASB revenue recognition standard replacing industry-specific GAAP rules, Los Angeles and Southern California executives face … Continue reading

Posted in Accounting Systems Design, CFO Services, Corporate Governance, Financial Infrastructure, Financial Reporting, Financial Statements, Generally Accepted Accounting Principles (GAAP), Los Angeles, Revenue Recognition | Tagged , , , , , , , , , | Leave a comment

Management Accounting & Improving Strategic Decision Making

This week’s article is by John W. Braine, Partner, CFO Edge, LLC. Seeking more actionable financial and operational data reporting, Los Angeles and Southern California executives are taking closer looks at management accounting for improving strategic decision making. Findings in a … Continue reading

Posted in Accounting & Finance Departments, Accounting Systems Design, CFO Services, Corporate Governance, Financial Strategy, Los Angeles, Management Accounting | Tagged , , , , , , , , , | Leave a comment

Trust, But Verify Your Processes & Procedures

This week’s article is by William K. Thorpe, Partner, CFO Edge, LLC. Los Angeles and Southern California executives can benefit from financially and operationally applying a three-word phrase used by President Ronald Reagan in the 1980s: “Trust, but verify” your … Continue reading

Posted in Accounting & Finance Departments, CFO Services, Corporate Governance, Embezzlement, Financial Operations, Fraud Prevention, Los Angeles | Tagged , , , , , , , , , | Leave a comment