Financial Statement Footnotes
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Financial Statement Footnotes Yael Fogel Senior Manager, CFO Squad Beginning, Middle, and End. I go through this with my 8-year-old every week when we are doing her reading and writing homework. She is...
The Importance of Soft Skills in Business
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Soft skills are defined as desirable qualities for certain forms of employment that do not depend on acquired knowledge: they include common sense, the ability to deal with people, and a positive, flexible...
Good Recordkeeping – The Path to Success
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So, you decide to start a business….you come up with a great idea, create an ingenious business plan to make that idea into a reality and suddenly business is booming.  Voila!  Your idea…

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The Secret to a Successful Audit: Preparation
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By Yoni Novak, Senior Accountant The CFO Squad LLC  What’s the key element to the entire audit process?  Preparation. An audit of any company’s books and records is a difficult and sometimes strenuous…

Cash is King: 5 Lessons on Managing Your Cash Flow
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By William Lieberman, on behalf of CFO Squad This cliché sounds trite, but after living through the “Dot-Bomb”, 9/11, and the Great Recession, it’s the single most important rule of the game for…

Best Practices for Financial Reporting
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Every good businessman would agree that astute business decisions must be made on timely, accurate and thorough financial information. And furthermore, that this information is best gleaned through financial reporting designed to support…

Forbes.com Positive On Startups Outsourcing
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The CFO and Accounting Functions Among Top Three to Outsource A recent article on Forbes.com entitled “The 3 Jobs Your Startup Should Outsource“ provided some great proof points as to why outsourcing the…

Outsourcing Can Help Reduce Overhead and Payroll
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Many owners of small and mid-sized businesses are finding themselves in a Catch-22. Their businesses are doing well and the recession has become just a distant memory.  Revenues are up, profits are back…