We hope you and your family are well during this Covid-19 event. From a business perspective, it is likely that almost all companies will suffer reduced sales and cash flow. Cash is often said to be king, and this crisis is reinforcing that idea. At CFO Consulting Partners, a senior-level financial management firm comprised mostly… Continue reading Cash Flow – We Want to Help
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New Revenue Recognition Standard. If You Think You Have a Lot of Time, Think Again!
If you think you have a lot of time to implement the new revenue recognition standard, you don’t! While revenue may still be recognized under the old standards through December 31, 2018, disclosure will be required about the effects of the January 1 adoption. This disclosure will be expected to be fairly substantive, since the… Continue reading New Revenue Recognition Standard. If You Think You Have a Lot of Time, Think Again!
New Revenue Recognition Standard. If You Think You Have a Lot of Time, Think Again!
If you think you have a lot of time to implement the new revenue recognition standard, you don’t! While revenue may still be recognized under the old standards through December 31, 2018, disclosure will be required about the effects of the January 1 adoption. This disclosure will be expected to be fairly substantive, since the… Continue reading New Revenue Recognition Standard. If You Think You Have a Lot of Time, Think Again!
Newsletter – December 2018
Behavioral Health: Industry Consolidation and Innovation Is on the Way John DeLorenzo, Director, CFO Consulting Partners LLC According to the National Alliance on Mental Illness, 43.8 million people in the U.S., or approximately one in five, suffer from mental illness. Approximately 60% of those affected are not treated, in some part due to a shortage of… Continue reading Newsletter – December 2018
Newsletter – December 2018
Behavioral Health: Industry Consolidation and Innovation Is on the Way John DeLorenzo, Director, CFO Consulting Partners LLC According to the National Alliance on Mental Illness, 43.8 million people in the U.S., or approximately one in five, suffer from mental illness. Approximately 60% of those affected are not treated, in some part due to a shortage of… Continue reading Newsletter – December 2018
Biweekly Newsletter- Fraud
Following up our last biweekly newsletter on the roles of the board of directors, we will be focusing this newsletter on fraud prevention. Fraud is defined, by Investopedia, as “an intentionally deceptive action designed to provide the perpetrator with an unlawful gain, or to deny a right to a victim.” When a firm has poor internal controls, fraud… Continue reading Biweekly Newsletter- Fraud