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4 Ways to Become a Better Leader
Why You Should Want to Become a Better Leader Want to become a better leader? Wherever you live, there are most likely a handful of organizations that offer leadership development classes. It’s a trend that has become the norm as the modern workplace continues to change and companies try out different approaches to increase productivity, […]
Author: iCFO Staff
ReadCFOs Need to be Championing Financial Analytics
Start Championing Financial Analytics Using financial analytics was once seen as a fad. Now, using financial analytics has proven to be effective in many aspects of a business. It is used in many areas including forecasting financial performance, pricing products and services, identifying new markets, improving margins, strengthening operations and assessing and monitoring risks.
Author: iCFO Staff
ReadThis Season’s New Online Tax Fraud Method
Stay Up-to-Date on Tax Fraud This year, the Internal Revenue Service (IRS) identified 12 tax scams ranging from phone scams, to identity theft, to falsifying income for tax credits. As an accountant, it’s imperative to stay up to date on tax scams to educate others and so that you can warn your clients in case they decide not […]
Author: iCFO Staff
ReadReplace Excel with Forecasting Budgeting and Planning Software
Why You Should Replace Excel with a Dedicated Budgeting, Planning and Forecasting Solution Many businesses are making the switch from Microsoft Excel to a dedicated budget, planning and forecasting (BP&F) software program. BP&F is a three-step process for determining a company’s short- and long-term financial goals.
Author: iCFO Staff
Read5 Marketing Tips for CPAs
Be the Brand & Be Client-Focused Differentiate and stand out from the crowd. Show your clients that you bring more value to the table than just number crunching. You can be a valued advisor by turning your relationship with your client from serving to partnering for success. Combine this new thought process with the right marketing tactics […]
Author: iCFO Staff
ReadGrow Your Business Using Social Media
Social Media Increases Product Sales & Brand Awareness The beautiful thing about using social media for your business is that it’s less expensive than traditional advertising avenues like billboards, radio spots or print magazine ads. And, there’s a way to track impressions and the click-throughs rates to your website, which allows you to understand how […]
Author: iCFO Staff
ReadHow To Compute Profit Margin Ratio & Financial Ratios By Industry
Key Financial Ratios Help Manage Your Business Your attention is usually focused on a key area within your company. Maybe that’s in marketing, sales or technology. Handling the financials may not be your forte. But, it’s important to be able to analyze your company using business profitability ratios.
Author: iCFO Staff
ReadHow to Improve Your Relationship Banking
Improved Relationships = More Money As a financial lending institution, you need to be able to balance risk and relationships. Beyond balancing, you need to build stronger relationships between you and your commercial customers. Improving your relationship banking can ultimately increase revenue for your lending institution.
Author: iCFO Staff
ReadGrow Your Business Using Financial Analysis
How Financial Analysis Can Fuel Your Tactical Execution for Growth Successful business owners consistently evaluate the performance of his or her company and compare it to industry peers and competitors. But, whether you’re a business owner or an advisor, reading between the lines of financial statements is essential for the company’s tactical execution for growth.
Author: iCFO Staff
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