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Introducing the CFO   Finally, let’s bring the CFO (Chief Financial Officer) into the picture. The CFO is the top financial executive in a company, responsible for the overall financial strategy and direction. They work closely with other executives and play a crucial role in shaping the company’s future. Here’s what their role involves:   1. Strategic Planning: The CFO develops long-term financial strategies that align with the company’s goals.

Enter the Financial Controller  Now, let’s shift our focus to the Financial Controller. If the Bookkeeper is the record-keeper, the Financial Controller is the overseer and strategist. They take the detailed records maintained by the Bookkeeper and use them to provide insights, control costs, and drive financial strategy.   Here’s what the financial controller job description entails:  Financial Reporting: Financial Controllers prepare detailed financial reports, including income statements, balance sheets, and

So you’ve started your business and you’re wondering what you can expect from your bookkeeper?  And what exactly is this Controller or  CFO positions you keep hearing about? Today, we’re diving into the fascinating world of finance roles, and specifically looking at the Bookkeeper, the Financial Controller, and the CFO. If you’ve ever wondered what sets these three apart, then you have come to the right place. Grab a cup of coffee,

Canadian Lessons from the Kaspersky Ban On June 20th, the US Commerce Department banned the sale of Kaspersky Antivirus, citing concerns over potential misuse by the Russian government to exploit customer information. While the ban does not prohibit the use of the software, it has prompted distributors to begin de-listing the product. This is not the first US government run-in with Kaspersky. In 2017 the U.S. Department of Homeland Security