How to Compare Budget vs Actual
A small business budget is not much use if you do not compare it against actual performance. This classic method of evaluating performance stands as one of the...
Blog - Page 3 of 9 - CFOShare
PPP Round 2 Guidance Released by SBA
The SBA has released their PPP guidance around the new stimulus legislation passed on December 27th, 2020. This guidance includes interpretations of changes to forgiveness as well as...
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 PPP loans. We at CFOshare...
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 cornerstone of financial planning. But...
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 tools, key performance indicators, and...
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 law. We at CFOshare read...
Accrual vs Cash Basis Accounting: What Are the Differences?
Let’s all face it – accounting can be difficult to understand, and it’s sometimes as if accountants speak their own language. What exactly does it mean to “write...
Your PPP Loan Information is Public
The SBA released loan information for PPP borrowers under $150,000 last night. This information was held in confidence until a federal lawsuit forced the SBA to release the...
What Are Pro Forma Financial Statements?
Pro formas aid startups, investors, and established businesses by modeling the what-if scenarios of the business and the potential profitability. Pro forma financial statements are made up of...
Business Valuation Methods
If you are looking to sell your business, buy a business, raise equity funding, or simply know what your business is worth, it is important to know the...