Thinking Ahead – Accounting for Loan Losses During and After Covid-19 One of the many challenges posed by the current health crisis is the need for lenders to reassess their borrowers’ ability to repay their loans. While it may seem unfair, or even unseemly, to have to address this issue at this time, financial institutions… Continue reading Newsletter – April 2020
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Business in the Time of Coronavirus
How can your business adapt to the new normal and plan for an uncertain future? How can the provisions of the CARES Act and other related stimulus help your business now? More importantly, how do they actually work in practice? Our panel of experts will answer your questions across a range of disciplines. You also… Continue reading Business in the Time of Coronavirus
Cash Forecasting
Cash forecasting, always important, becomes even more highly critical during times of economic disruption. Here are some key points to consider for an effective process: 1. Use a segmented approach to avoid over forecasting cash inflows. Consider customer segment, size, and seasonality – tax time could drive slower payment behavior for all types of clients.… Continue reading Cash Forecasting
Cash Forecasting
Cash forecasting, always important, becomes even more highly critical during times of economic disruption. Here are some key points to consider for an effective process: 1. Use a segmented approach to avoid over forecasting cash inflows. Consider customer segment, size, and seasonality – tax time could drive slower payment behavior for all types of clients.… Continue reading Cash Forecasting
Cash Flow – We Want to Help you
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 you
Survive, Stabilize and Thrive – CRE Coronavirus Impact
Over the last week we have seen unprecedented actions to attempt to minimize the impact of COVID-19 on us and give our health care system the ability to support us during this crisis. As a result, it has affected our normal day to day activities, resulted in the closure of all non-essential businesses and has… Continue reading Survive, Stabilize and Thrive – CRE Coronavirus Impact