Tag Archives: reporting

Why Management Reporting Is More Critical Than Ever

This week’s article is by Mark S. Becker, Partner, CFO Edge, LLC. Management reporting is more critical than ever due to the accelerated pace at which businesses, industries and markets move and change. Incomplete, delayed or inaccurate financial reports have … Continue reading

Posted in CFO Services, Financial Reporting, Financial Statements, Los Angeles, Management Reporting | Tagged , , , , , , , , , , , | Leave a comment

The Benefits of Moving to Automated Expense Management

This week’s post and full article are by John W. Braine, Partner, CFO Edge, LLC. With sales and revenue growth driving increased expenditures at many Los Angeles and Southern California companies, executives are looking at the benefits of moving to … Continue reading

Posted in AR & AP Management, CFO Services, Cost Cutting Strategies, Expense Reduction, Expense Reporting, Los Angeles | Tagged , , , , , , , | Leave a comment

The Latest Efforts to Simplify Accounting for Small, Privately Held Companies

The Private Company Council recently finalized a proposal that would make changes to GAAP to help simplify the private company accounting treatment for intangible assets acquired in business combinations, goodwill, variable interest-rate entities, and certain types of interest rate swaps. … Continue reading

Posted in Big GAAP vs Little GAAP, CFO Services, Generally Accepted Accounting Principles (GAAP) | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Historical Financial Reporting vs. Future Financial Reporting

There are two main types of financial reporting conducted by Los Angeles and Southern California businesses: historical reporting, which looks back at past financial performance, and predictive reporting, which proactively looks ahead to future financial performance. While the vast majority … Continue reading

Posted in Financial Operations, Financial Reporting, Financial Statements, Outsourced CFO Services, Performance Measurement, Strategic Planning | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Wholesaler & Manufacturer Challenges: Strategic Cost Containment (Part 2)

Cost containment is critical for wholesalers and manufacturers, given the tight margins that most of them work within – not to mention the fact that they often must share profits with retailers. Often, however, they don’t have access to accurate … Continue reading

Posted in Cost Cutting Strategies, Expense Reduction, Outsourced CFO Services, Strategic Planning, Wholesaler & Manufacturer Challenges | Tagged , , , , , , , , , , , , , , , | Leave a comment

Wholesaler & Manufacturer Challenges: Cash, Credit & Capital (Part 1)

In the course of our work with many wholesalers and manufacturers, we hear about the different financial and operational challenges these businesses face. In this new series of articles, we take a close look at both these challenges and the … Continue reading

Posted in AR & AP Management, Business Loans, Cash Flow, Cash Management, Financial Strategy, Outsourced CFO Services, Wholesaler & Manufacturer Challenges | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Staying on Top of the GAAP to IFRS Conversion

International Financial Reporting Standards (IFRS) have been at the forefront of discourse for the past several years, as the SEC continues to bat around the notion of converting U.S. practices over from Generally Accepted Accounting Principles (GAAP). The conversion has … Continue reading

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