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...
Blog - Page 5 of 11 - CFOShare
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...
Treasury Releases New PPP Taxability Guidance
(Note: the passage of the Economic Aid Act signed into law 12/27/2020 has made this article inaccurate. Forgiven PPP loans are no longer taxable, see our article on...
What is a full charge bookkeeper?
Full charge bookkeepers are professionals who are skilled at completing end-to-end accounting for a small to medium-sized business; this is much more than what a traditional bookkeeper is...
What is Financial Due Diligence?
Financial due diligence is the process of systematically examining the details and history of a business to confirm the value of the business, most often for the purpose...