CFO Source Blog
How Our Financial Stress Test Works
May 13, 2024
Navigating the complex landscape of financial management requires a robust strategy to ensure stability and resilience, especially during challenging times. At CFO Source, we recognize the critical importance of stress testing in safeguarding against potential financial risks and uncertainties. Let’s delve into how our financial stress test works and why it’s indispensable for businesses aiming […]
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 […]
Key Accounting Numbers to Guide Your Business
June 5, 2023
It’s not an understatement that small business owners carry a lot of weight on their shoulders. From sales and marketing to production, customer service, and overall financial management, small business owners have many responsibilities. Running a successful business requires careful monitoring and analysis of various financial metrics. These key accounting numbers provide valuable insights into […]