Types of Financial Statements with Examples of Each
The following are the main types of financial statements for a business; balance sheet, income statement, and cash flow statement.
Blair Morrison, CEO
July 11, 2023
Category: Expense Management
Accountants, CFOs: Save Time AND Be a Rockstar
How much time does it take to answer a “simple” question like, “What was our revenue for X customer last month?” I once had a private equity investor grumble at me with a tone of complete and utter annoyance. He had asked one of our portfolio company’s controllers that question and received the response, “Can I get back to you on that tomorrow?”
Blair Morrison, CEO
June 17, 2020
Why Businesses Hire A CFO and Why Many Small Businesses are Missing Out
Why do businesses hire a CFO in the first place? They typically hire a CFO in order to get clarity on what is going on in their business financially. The CFO is able to perform analyses and act as a translation tool between the numbers and the operations of the business.
Blair Morrison, CEO
May 28, 2020
How to Choose KPIs for My Small Business
The internet makes Key Performance Indicators (“KPIs”) seem like the gold pot at the end of the rainbow of business management. And thus these metrics are shrouded in so much mystery that the search for the perfect KPIs becomes an unachievable quest. Let me part the clouds of mystery for you.
Blair Morrison, CEO
April 14, 2020
Tax Time… Again
Tax season! Personally, it is not my favorite task. I love spreadsheets and financials and numbers, but I do not like doing my taxes. Tax season is also that time of year where we all take a hard look at how we did last year.
Blair Morrison, CEO
March 10, 2020
Get Rid of the Financial Noise
Have you ever opened the financials for your business and immediately felt overwhelmed? So many numbers, no point of reference, and 5-10 clicks to find the data you actually need. Not fun! See how AutoCFO can help you wrangle your data as if you had a team of financial analysts on your side!
Blair Morrison, CEO
February 12, 2020
How Do You Build A Financially Resilient Business?
It is one thing to grow a business, and it’s another to grow a financially resilient one. The fact that you’re reading this article tells me that you’ve already set yourself apart from the pack by knowing that “growth” and “resilient growth” are not one and the same…
Blair Morrison, CEO
October 9, 2019