The company could be trading much higher than its book value because the market’s valuation takes into account the company’s intangible assets, such as intellectual property. The stock, then, isn’t really overpriced – its book value is lower simply because it doesn’t...
Above all, find an outsourced CFO that you can build a long-term relationship with. An outsourced CFO should be a trusted strategic partner with whom you work intimately – not just another vendor....
These financial statements are the most significant outcome of the accounting cycle and are crucial for anybody interested in comparing your business’s performance with others. Interpreting financial statements helps you stay on top of your company’s finances and...
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