Cost accounting is the specialized discipline of managerial accounting focused on timing and attributing costs accurately. Although the concept of cost accounting is...
Small Business Archives - CFOShare
How do I find an Angel Investor?
It is very common for a small business to need an infusion of capital at some stage of development. Other than wealthy family...
Entrepreneurial lessons from $GME and r/Wallstreetbets
Have you been watching r/Wallstreetbets? At CFOshare, my team is excessively entertained by what’s happening with $GME. The $GME short squeeze was unprecedented...
How to Calculate Sales Forecast for a New Business
Projecting sales is the most important and challenging piece of forecasting, especially for new businesses with little to no historic data. Many small...
What Are the Differences Between Bookkeeping and Accounting?
Bookkeeping and Accounting are part of the same profession and are often confused as the same thing, however they are different activities. Bookkeeping...
How to Compare Budget vs Actual Report
A small business budget is not much use if you do not compare it against actual performance. This classic method of evaluating performance...
PPP Second Draw Details for Small Businesses.
After 2 months of ongoing debate and negotiations, congress and president Trump signed a new stimulus bill which includes a second round of...
How to Create a Business Budget
We all know we should build a budget – after all, a budget is one of the four essential forecasting tools and a...
What is Management Accounting?
Strategic business decisions are made from the transformation of financial data into critical business operational reports by managerial accountants. Managerial accounting utilizes analysis...
PPP Round 2 Preview: What’s on Deck for Small Businesses
After 2 months of ongoing debate and negotiations, congress and the president have passed a second round of the Paycheck Protection Program into...