In an alternative universe where #covid19 is the stuff of pandemic blockbuster movies, and our social media feeds still consist of an ove . Debt to assets = Total liabilities Total assets In most cases should be less than 1, indicating adequacy of total assets to finance all debt. Profitability ratio: Gross margin ratio measures the percentage of sales dollars remaining after cost of goods sold to pay overhead expenses. Gross margin ratio = Gross profit Total sales Balance sh

A high-performance Board of Directors is comprised of a variety of skills and experience. However, in order to effectively assess strateg The ability to read a financial report, and understand and evaluate key performance indicators and ratios is critical from a Board-level perspective. Financial Statements often require Board approval and sign off, therefore Directors must understand the main elements and be able to detect errors or potential problems. The purpose of a fin

With the availability of sophisticated cloud based accounting platforms and advanced analytics, Virtual CFO services offer an affordable The ability to influence and engage stakeholders is what sets a Virtual CFO apart from a stock standard accountant. Differentiating between the needs of a large corporate client versus a fledgling SME business, Virtual CFO’s face a myriad of challenges in order to deliver on their value proposition. Virtual CFO services include management

Amidst the turmoil of COVID-19 with organisations grappling with the logistics of working from home, it’s business as usual for many Virt...

Strategic cost optimisation focuses on the elements of the organisation that are controllable while freeing up resources to fund transfor...

The global disruption caused by COVID-19 will extend to internal controls and financial reporting for most organisations due to the unpre...