20
Jun
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 learning to pick…
10
Dec
The Importance of Soft Skills in Business
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...
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24
Jul
Good Recordkeeping – The Path to Success
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 is a…
SPECIAL NOTICE: Foreign Bank and Financial Accounts (FBAR)
With the June 30th deadline for filing fast approaching, many corporations, trusts, partnerships and individuals are unaware of a potentially costly oversight. If you have signature authority or financial interest in any foreign…
1
Jun
The Secret to a Successful Audit: Preparation
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 process,…
Cash is King: 5 Lessons on Managing Your Cash Flow
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
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…
Companies With Good Processes Enjoy Bigger Profits
I’ve been a numbers and process-driven guy for my entire business career and in all these years I have truly seen the good, the bad and the ugly when it comes to financial…
10
Sep
Forbes Positive On Startups Outsourcing
The CFO and Accounting Functions Among Top Three to Outsource An informative article in Forbes entitled The 3 Jobs Your Startup Should Outsource provided some great proof points as to why outsourcing the CFO and…
21
Jul
3 WAYS OUTSOURCING CAN HELP REDUCE OVERHEAD AND PAYROLL
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 a distant memory. Revenues are up, profits are back and…