Introduction The fund flow statement is a vital financial document in corporate accounting. It offers a comprehensive overview of a...

Introduction Chrome River and SAP Concur are two popular software in the expense management and invoicing category.  They streamline financial...

Introduction Measuring financial performance is crucial for any finance leader looking to improve efficiency and profitability in their organization. One...

Introduction Financial structure defines the composition of a company’s capital, representing the mix of different funding sources used to operate...

Introduction To ensure profits, the selling price must always be more than what it costs to manufacture or make a...

Introduction “Control your expenses better than your competition. This is where you can always find your competitive advantage”. - Sam...

Introduction Keeping fixed costs under control is one of the top priorities for CFOs, especially for reaching the break-even point....

Introduction Accrued expenses stem from a promise.  Let’s say you promised to pay your vendor 1000 dollars for their service...

Introduction The debt-service coverage ratio (DSCR) is a crucial financial metric focusing on an organization's ability to manage debt obligations....

Introduction A cash budget is a financial planning tool that forecasts a business's cash inflows and outflows over a specific...