We all understand terms like Pretax Profit and EBITDA that we use to describe our company’s bottom line, but what tells us where that profit (or loss) is really coming from? The answer is a set of numbers that rarely appears on an income statement. While the...
The current issues of CFO magazine (May 2012, p. 32) points out a critical flaw in financial reporting that was mostly directed toward large company finance departments with staff dedicated to financial planning and analysis. But it’s a problem for smaller company...
