Category: Articles

Articles are written by NOW CFO consultants and industry experts on topics ranging from financial best practices,  commentary on trends or changes in regulations, or around the benefits of hiring a fractional, outsourced, or temporary CFO, Controller or accountant.

What Are Outsourced Accounting Services?

What Are Outsourced Accounting Services?

Companies increasingly turn to outsourced accounting services in today's dynamic business environment to enhance efficiency and focus on core operations. This trend is evident as the global finance and accounting outsourcing market was valued at $60.

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Financial Due Diligence: Insights from a Fractional CFO

Financial Due Diligence: Insights from a Fractional CFO

In M&A, financial due diligence is a critical safeguard for investors and acquiring firms. By delving into financial statements, cash flow analyses, and potential liabilities, stakeholders can make informed decisions that align with their strategic objectives.

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Financial Forecasting: A Guide from an Outsourced CFO

Financial Forecasting: A Guide from an Outsourced CFO

Effective financial forecasting is essential for informed decision-making and strategic planning in a modern business environment. By analyzing historical data and current market trends, businesses can anticipate future economic conditions, enabling them to allocate resources efficiently and mitigate potential risks.

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New-Year Expense Optimization for Profitability: Starting 2025 Right

New-Year Expense Optimization for Profitability: Starting 2025 Right

New-Year Expense Optimization for Profitability As businesses enter 2025, strategic cost management becomes essential for enhancing profitability. By aligning budgets with overarching business objectives, organizations can position themselves to navigate market challenges and capitalize on emerging opportunities.

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How an Outsourced CFO Supports Fiscal Year-End Planning

How an Outsourced CFO Supports Fiscal Year-End Planning

How an Outsourced CFO Supports Fiscal Year-End Planning Fiscal year-end marks a pivotal period for businesses of all sizes. However, the complexities of financial reporting, tax preparation, and strategic planning can overwhelm internal teams, particularly for growing companies.

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Preparing for Year-End Audits: A Comprehensive Guide for Businesses

Preparing for Year-End Audits: A Comprehensive Guide for Businesses

As the fiscal year draws to a close, businesses must prepare for the year-end audit, which is essential for ensuring financial accuracy and compliance.   Notably, a study by the Association of Certified Fraud Examiners found that organizations lose an estimated 5% of their annual revenues to fraud, underscoring the importance of thorough audits.

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