Lease Accounting: It’s Time!
Private companies, not-for-profit organizations, and certain small public companies were granted additional time to implement the new ASC 842 lease accounting standard. Although a collective sigh of relief was heard, there is still a lot to get done and time is running short. If you haven’t already done so, now is the time to shift […]
The Value of Revamping Your Chart of Accounts
Though it may not be where most people start, the Chart of Accounts is a necessary stop on your path to financial efficiency. In order to introduce new software, merge business units or even implement new processes, you have to ensure the foundation can support the change.  And that’s just what a Chart of Accounts […]
The Importance of Key Performance Indicators
As a leader in your organization, your responsibilities include paying attention to the details. How do you truly measure performance? How do you KNOW everything is going according to plan, working the way it should be, or the results are accurate? Are you achieving the outcomes that your team and organization need? Key Performance Indicators […]
Refining Your Vendor Selection Process
Hiring an outside vendor has many advantages – from leveraging experience you just don’t have or purchasing power you can’t compete with, to reducing operational costs and improving delivery speed.  Of course, you must be willing to share your organizational goals with the vendor and relinquish at least some control over the project/function while resisting […]
Fresh Start Accounting – FASB ASC 852
Companies implement fresh start accounting when they emerge from bankruptcy. Through this fresh start process issues may arise with valuations, accounting, tax and other areas. You need a team that will impact this transition the right way. This includes a reorganization value, updated cash flow projections, and a reorganization plan. The outcome, if implemented correctly, is a refreshed organization with a […]
IPO Readiness Assessment
Whether through a special purpose acquisition company (SPAC), a traditional IPO or even being purchased by a public company, deciding to go public is a big step. As a public company, you will be held to a higher standard of accountability; it requires more financial discipline, effective planning capabilities, and a clear strategic vision. What […]
Executive Issues & Insights: Fixing an Underperforming Company
Your company has a solid basic strategy but is underperforming — why? Performance issues may be due to problems in manufacturing, sales, operations or all of these areas, but what are the underlying causes, how do you correct them, and which should you attack first? After defining the root causes, the CEO needs to ensure […]
The Data Driven CFO
Download the award-winning case-study for the latest in actionable insights. “Thou shalt know thy numbers!” It’s a CFO mantra, but that trusty dashboard might not be telling you the whole data picture now. Businesses have experienced seismic operational shifts over the past few years. Supply chain issues, talent shortages, and demand fluctuations now look increasingly […]
Turning Around a Distressed Company
What do you do when your company is in dire straights? Your company is running out of cash, in danger of missing payroll, and besieged by banks and trade creditors. If you don’t act quickly, there won’t be a company left to serve owners, customers, employees and other stakeholders. How do you take control, set […]
The Future of Finance
90% of CFOs will use automation, AI, and Fintech by 2024 – are you among them? Actionable Strategic Playbook Refocus on the KPI’s that matter and take control of your future. Discover the strategies and insights you need to make informed decisions and steer your business towards success. Key Insights Despite a convoluted economic environment, […]
