Nothing is more dangerous than a Finance Leader who thinks the answers lie in the numbers. But there’s nothing more sad than a Business Leader who thinks the numbers will not help them find the answers. While spreadsheets, dashboards and analysis are insufficient to manage a business, data-driven decisions
Do you know how your books and records are accounted for? Many bookkeepers will use a simple cash-based accounting system that ensures that transactions are recorded when cash outflows or inflows occur. Yet, generally accepted accounting principles do not include cash-based recording. Accrual accounting is what’s required by financial
Chances are you or your team lack it! Here’s how you can test that bold claim: How many employees, or at least managers, have read your latest financials? Wait - do you have financials? Do you release them to those running your business? How many employees, or at least
At Amplify, we are growth consultants and an epic team of business leaders that help clients navigate all areas of their growth. But let's get to the heart of the matter - we are CFOs. When do you Need a CFO? Some call our perspective idealistic, but we built
Budgeting can be a daunting task! You look at putting best practices, like budgeting, into your business and it can feel like starting at the bottom of a mountain with a lot to climb and tackle. We know the budgeting efforts pay off because they help us: - measure
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