Analytics and Reporting
Cash vs Accrual Accounting: What’s Best for You?
Many small businesses start with the owner managing operations on a cash basis. While this approach can work for a while, it typically becomes problematic when the company encounters a financial snag or begins to expand. That’s why, as a fractional CFO who primarily...
How to Read a Profit and Loss Statement
Every business leader who must assess a company’s financial performance and make decisions should know how to read a profit and loss statement. Yet, as a fractional Chief Financial Officer (CFO) who works closely with leadership teams, I have noticed that many...
What is Financial Reporting: Definitions, Examples, and Tips
Accurate financial reporting communicates vital information about a company’s economic activities to business leaders, investors, and regulatory agencies. Yet, for many, this business function can seem mysterious. Below, we provide an overview of financial reporting,...
What is a KPI Dashboard and How Do You Build One?
To run a business effectively, you must rise above the day-to-day and take a big-picture view. You need to know what is going well, what needs your attention, and how to prioritize. But that is not easy to do when there are too many demands on your time, and you feel...
