Archive for January, 2016


ASSESSING YOUR CASH NEEDS — February 2016

This post involves Treasury. Cash forecasting is an integral part of the CFO’s treasury duties. It helps management plan their operations and activities based on expected cash inflows and outflows. In cash forecasting, perfection is unattainable, but estimates consistently close to reality should be the goal of a robust cash forecasting program. As the actual […]

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Keep Your Money in Your Company –January 2016

This post is about Internal Controls. Internal controls are procedures the CFO implements to manage risk and fraud. They are an important element of good management in small business, where some sources estimate the median loss due to fraud is $190K per year. Even a good internal control system will never eliminate fraud, but it […]

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