A CFO is More Than An Accountant Most firms treat their Chief Financial Officer (CFO) as an uber-accountant, tracking financials or acting as a controller instead of acting as what they should be – a strategic asset. Using your CFO wisely can help the company make sound strategic decisions based on their financial analysis acumen and management expertise. Rather than... Read More
A Letter From The IRS The letter none of us want to get has arrived in your mailbox – the IRS wants to audit your taxes! While this is not welcome news, there is no reason to panic. Often, there is nothing wrong with your taxes at all and the IRS has just picked you for a random audit based... Read More
Are you seeking to own a business without the headaches of starting from scratch? Buying an existing business may be the answer and may save you some anxiety. Of course, as with anything, it is important to know what you are doing to avoid a whole passel of OTHER headaches! The advantage is that someone has already built a... Read More
Financial Planning With Your Accountant Everybody who starts a business has strengths and weaknesses, things they know how to do and things they must learn. The most challenging aspects usually revolves around financial planning for your business. Your financial situation, from capital reserves to revenue and cash flows, is the core of your business. Putting together a plan to succeed... Read More
Small Business Accounting To effectively operate your business, no matter what your business is, you need to know a LOT of numbers. At the least you have your Profit and Loss (P&L) report that you need to review at least monthly. But running your business can be hectic enough without doing a deep dive into the numbers with your scarce... Read More
Des Moines CPA For Buying or Selling a Business It seems everybody has a side gig these days to supplement their income or to allow them to do something they love. Sometimes these businesses are developed from scratch, other times they are purchased from others as operating businesses. There are a number of things to consider when you consider buying... Read More
Tax Strategies If you are like a lot of people, you try to think about your personal or business taxes as little as possible. The problem is that taxes are retroactive on revenue or decisions you’ve already made. Strategies to save money on taxes take time to implement and it is a good idea to plan ahead to get maximum... Read More
It is human nature for people to perceive a review of their activities with some alarm. They are often met with the attitude of, “What are they looking for? I’ve done nothing wrong! Do they think I’ve done something wrong?” Even if we know better and don’t voice these concerns, many harbor this reaction below the surface. This is... Read More
Using a CFO To Sell Your Business Chief Financial Officers (CFOs) are generally tasked with leading the administrative team that manages, analyzes, and controls a company’s assets and revenue. This role has traditionally focused on reporting on the cash flow and revenue of the company along with managing the day-to-day operations of accounting, accounts receivable, and accounts payable. The CFO... Read More
Small Business Accounting Firm Des Moines Monitoring the financial health of your business is one of the most important elements of properly managing your business operations. You want your monthly and quarterly reports to be correct and to accurately reflect what is happening in your business. The same can be said for the culmination of those quarterly reports, the Year-End... Read More
