Traditional Budgeting vs a Modern Approach by Cynthia Bassett Hartwig
Traditional Budgeting: Process: Traditional budgeting involves creating a detailed plan for the entire fiscal year. It typically starts...
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cynthiabassetthart
- Aug 1
- 1 min
Topic 326 - Financial Instruments-Credit Losses standard, by Cynthia Bassett Hartwig
Topic 326, also known as the Financial Instruments–Credit Losses standard. Definition: Topic 326 provides guidance on how entities should...
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cynthiabassetthart
- Jul 3
- 2 min
Types of Business Organization by Cynthia Bassett Hartwig
Types of Business Organization · Sole Proprietorship · General Partnership · Joint Venture · Limited Partnership...
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cynthiabassetthart
- Jun 1
- 2 min
How accurate are your financial projections? by Cynthia Bassett Hartwig, CPA
Here are some methods you can use to evaluate the precision of your financial forecasts: 1. Comparison with Previous Year’s Data:...
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cynthiabassetthart
- May 2
- 1 min
Factors to consider while creating financial projections by Cynthia Bassett Hartwig, CPA
When creating financial projections, consider the following elements: Economic indicators Strategic goals Expected shifts in pricing,...
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cynthiabassetthart
- Apr 19
- 1 min
Some thoughts when creating projections by Cynthia Bassett Hartwig, CPA
Projections are used to evaluate various financial alternatives, evaluate potential capital investments, predict future financial...
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cynthiabassetthart
- Mar 4
- 2 min
Business Planning by Cynthia Bassett Hartwig, CPA
The most challenging part of planning is trying to predict the future. There are three major formats for financial planning: Budget: The...
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cynthiabassetthart
- Feb 28
- 2 min
Analyzing markets and competitors by Cynthia Bassett Hartwig, CPA
Given that the majority of significant threats and opportunities an organization encounters originate externally, it logically follows...
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cynthiabassetthart
- Oct 12, 2021
- 4 min
Planning for future business success: Innovation by Cynthia Bassett Hartwig, CPA
Today’s business environment is changing at an ever-increasing pace. What worked yesterday may not work today. What once was a...
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cynthiabassetthart
- Jul 26, 2021
- 3 min
Adopting Performance Management by Cynthia Bassett Hartwig, CPA
In previous posts, we have gone through several ways to measure performance, how to select key performance indicators, and how to create...
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cynthiabassetthart
- Jun 28, 2021
- 3 min
Key Performance Indicators: The google map of your business by Cynthia Bassett Hartwig, CPA
When we get in our cars and set our destination in Google maps, it will populate the most effective and efficient route (hopefully). But,...
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cynthiabassetthart
- May 28, 2021
- 3 min
Setting Business Goals by Cynthia Bassett Hartwig, CPA
Setting business goals starts with assessing the current situation. Assess where the business is financially today, and what performance...
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cynthiabassetthart
- May 21, 2021
- 4 min
Why doesn't everyone do FP&A? by Cynthia Bassett Hartwig, CPA
In order to make effective business decisions, Financial Planning and Analysis is key. So, why doesn't everyone do it? In fact, why do...
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cynthiabassetthart
- May 14, 2021
- 2 min
Analytical Tools and Models by Cynthia Bassett Hartwig
There are many analytical tools and models to identify problems and opportunities within the financial information. Today we will discuss...
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cynthiabassetthart
Traditional Budgeting vs a Modern Approach by Cynthia Bassett Hartwig
Traditional Budgeting: Process: Traditional budgeting involves creating a detailed plan for the entire fiscal year. It typically starts...
cynthiabassetthart
Topic 326 - Financial Instruments-Credit Losses standard, by Cynthia Bassett Hartwig
Topic 326, also known as the Financial Instruments–Credit Losses standard. Definition: Topic 326 provides guidance on how entities should...
cynthiabassetthart
Types of Business Organization by Cynthia Bassett Hartwig
Types of Business Organization · Sole Proprietorship · General Partnership · Joint Venture · Limited Partnership...
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