Fractional CFO, Outsourced CFO, Virtual CFO Topics
Navigating ASC 606 in the SaaS World: Strategies for MRR and ARR Recognition
I recently implemented an ASC 606 system in an emerging company that needed to move from cash revenue accounting to accrual revenue accounting. Emerging businesses face this issue when they start raising capital and external parties and investors want to...
Understanding the Rule of 78s: A Critical Tool for Recurring Revenue Forecasting
Introduction I recently created a series of financial calculators for businesses on my firm's website. Shortly after I added the rule of 78s calculator, a useful concept I have used for years, I met a SaaS banker who had never...
Financial Calculators: An Essential Financial Tool for Business Owners
Informed decisions are key to sustainable growth and profitability. Financial calculators that once required specialized knowledge or expensive software are now accessible through targeted calculators that provide immediate insights. Whether you’re a startup founder, a seasoned entrepreneur, or a business...
The CFO’s Guide to AI Ethics: Navigating the Black Box Problem in Financial Decision-Making
As a fractional CFO working across multiple organizations, I’ve observed a growing concern in the financial sector: the ethical implications of AI-driven decision-making. The “black box” nature of AI systems – where the input and output path isn’t clearly understood....
CFO Hire: The Complete Guide to Finding and Hiring Your Next Chief Financial Officer
When your company reaches that critical inflection point where spreadsheets turn into complex forecasting and your controller starts looking overwhelmed, you’re facing one of the most important hiring decisions your business will ever make. A CFO hire represents far more...
Chief Financial Officer Degree: Educational Requirements and Career Path
The chief financial officer position represents the pinnacle of financial leadership in modern organizations, requiring a strategic blend of education, experience, and technical expertise. As businesses face increasingly complex financial challenges and regulatory requirements, the educational qualifications for aspiring chief...
Hot take: Understanding Tariffs (Its Impact, and How Businesses Can Adapt)
As a business owner, understanding tariffs is on your mind, as it is on the mind of many. The Art of the Deal by Donald Trump, first published in 1987, provides an insight into President Trump's philosophies, strategies, and penchant...
Clarifying the Difference between Accounting and Finance
In this post, I am clarifying the difference between accounting and finance to help business owners and entrepreneurs better navigate the development of these key functions in their emerging businesses. Understanding the distinctions between accounting and finance degrees can also...
Hot Take: What Can You learn from the Honda and Nissan Merger
Merger Overview Honda Motor Co., Ltd. has a rich history of strategic mergers and partnerships that have bolstered its market presence and technological capabilities. One notable example is Honda’s acquisition of a 20% stake in Proton Holdings, a Malaysian automaker,...
Fractional CFO Services in the New York City Area
Complete Guide to Hiring a Fractional CFO February 20, 2024 Fractional CFOCash Flow ImprovementCFO ServicesExecutive and Team Coaching, Financial ModelingFractional CFO, Roles of a Fractional CFO, Strategic Planning Companies of all sizes seek ways to access high-level financial expertise without...