CFO Source Blog
How a Part-Time CFO Can Save Your Business Money
February 3, 2025
Managing your company’s finances effectively is crucial to long-term success, but not every business can afford a full-time Chief Financial Officer (CFO). A part-time CFO provides high-level financial expertise on a flexible basis, giving you the strategic insight needed to improve cash flow, control expenses, and increase profitability—all without the cost of a full-time executive. […]
Consequences of Bookkeeping Mistakes
August 1, 2023
Bookkeeping mistakes can have significant consequences for businesses, ranging from financial losses and legal complications to damaged reputations and strained relationships. Accurate bookkeeping is crucial for maintaining the financial health and stability of a company. As someone who has been providing Marylanders with accounting services for years, we understand this at CFO Source and want […]
What is a CPA and Do I Need One?
March 5, 2023
A Certified Public Accountant, or CPA, is a professional who is licensed to practice accounting in their respective state after completing a rigorous education and examination process. They provide various accounting and financial services, including tax preparation, financial planning, audit, and assurance services. At CFO Source, we’ve been providing Marylanders with our CPA services for […]