A fraud prevention app on a phone, to illustrate Occupational, Internal and Employee Fraud- how to detect and prevent it pt 2, by Rolf Neuweiler, a2zCFO.com

Occupational, Internal and Employee Fraud- how to detect and prevent it (Part 2 of 2)

Accounting asset misappropriation corruption ethics Fraud prevention Legal strategies

By Rolf Neuweiler 06-02-2021

Occupational fraud prevention & detection require a company to set up a reporting system, implement internal controls, & engage employees. In Part 1, we talked about three types of fraud, and the “fraud triangle”.  In Part 2 we will discuss fraud prevention and detection to reduce losses. Preventing fraud is much easier and less costly […]

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A disguised man committing fraud with a laptop, to illustrate for Occupational, Internal & Employee Fraud- What & Why, Pt. 1 of 2, by Rolf Neuweiler, a2zCFO.com

Occupational, Internal & Employee Fraud – What & Why (Part 1 of 2) 

Accounting asset misappropriation Business Management corruption ethics Fraud prevention Incentive

By Rolf Neuweiler 05-01-2021

Internal fraud is a universal and an “evergreen” problem across all industries and cultures. Failure of ethics and the struggles therewith are just part of human nature. A typical organization loses about 5% of its annual revenue each year due to employee fraud (2014 Report to the Nation on Occupational Fraud and Abuse, by the […]

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Virtual Meeting Online, to illustrate "Get Ready for the Post-COVID-19 Business Reality", article by Rolf Neuweiler, 3/28/2021, a2zCFO.com

Get Ready for the Post-COVID-19 Business Reality

Accounting Brand Budgeting Business Management Cash flow Consulting Financial forecast Financing Leadership Legal Marketing Profit strategies

By Rolf Neuweiler 03-28-2021

Post-COVID-19 business world will see continued changes in digital transformation, DTC, platform model, brand building and digital marketing. Get Ready for the Post-COVID-19 Business Reality As more and more people are getting vaccinated in the US, and offices are starting to reopen beginning of this summer in 2021, it is time for business leadership to […]

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PPP Loan Forgiveness, " Deductible Expenses with PPP Loans & the 2nd Round of PPP Loans", article by Rolf Neuweiler, 1/5/2021, a2zCFO.com

Deductible Expenses with PPP Loans & the 2nd Round of PPP Loans

Business Management Debt & Loan Management Loans PPP loans and forgiveness strategies Taxes

By Rolf Neuweiler 01-04-2021

The US Congress rules that expenses covered by PPP loans are tax-deductible; second round of PPP loans have simplified application for loans under $150k. Expenses With PPP Money Are Tax Deductible Out of the window now: all IRS rules about not allowing deducting expenses with Paycheck Protection Program (PPP) loans on tax returns.  New rules […]

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PPP Loan Forgiveness, " Deductible Expenses with PPP Loans & the 2nd Round of PPP Loans", article by Rolf Neuweiler, 1/5/2021, a2zCFO.com

Apply Non-deductible Business Expenses Related to PPP Loans in 2020 Taxes

Accounting Financial Statements Loans PPP loans and forgiveness

By Rolf Neuweiler 12-01-2020

The IRS rules that payroll and business expenses that PPP loans helped to cover in 2020 are not deductible in determining 2020 business taxes. For businesses that took out PPP loans in spring 2020, the IRS does not allow “double dipping” by deducting business expenses associated with the forgivable portions of your PPP loan, as […]

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PPP loan increases businesses taxable income, by Rolf Neuweiler, a2zCFO, (925) 216-5058 or email: rolf@a2zCFO.com

PPP Loans Affect 2020 Business Taxes

Accounting CFO Debt & Loan Management Loans Taxes

By Rolf Neuweiler 11-15-2020

Though the forgiven portion of a PPP loan is non-taxable, taxable income is also higher since payroll and other expenses are not deductible. The US Federal government doled out more than $500 billion forgivable PPP loans under the CARES Act to small businesses in order to help keep employees on payroll and pay for rent […]

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Revenue - profit = expense: Use “Profit First” Principles for Businesses during COVID19 and After. Rolf Neuweiler, consulting CFO, principal at www.a2zCFO.com

Revenue – Profit = Expense: Use “Profit First” Principles for Businesses During COVID19 and After

Accounting Budgeting Business Management Cash flow CFO Consulting Financial forecast Financial Statements Profit

By Rolf Neuweiler 10-01-2020

This article is based on the book “Profit First”, by Mike Michalowicz, and a presentation by Gabriel Dutari about applying the Profit First principles (https://www.youtube.com/watch?v=a1XzaaJBmRQ&feature=youtu.be) About 99% new businesses are started not by financial experts, but by specialists or technicians such as engineers, architects, lawyers, chefs, artists, who are very good at what they do, […]

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An illustration of economic ups and down during COVID-19, used for "Budgeting and Financial Forecasting during COVID-19", written by Rolf Neuweiler, www.a2zCFO.com

Budgeting and Financial Forecasting During COVID-19

Budgeting Business Management Cash flow Financial forecast

By Rolf Neuweiler 08-30-2020

COVID-19 is changing the macroeconomic climates as well as impacting individual entities. Your annual, quarterly and monthly budgets and financial forecast during this uncertain time has become a moving target, as the economy shuts down, reopens, and recovers. Since April, 2020, we have experienced business shutdown, PPP and EIDL loans, and undoubtedly more uncertainties for […]

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A hand and its index finger on keyboard of a laptop with an image of connected network around a computing cloud hovering above the keyboard, to illustrate cloud-based software for business accounting, an article by Rolf Neuweiler, consulting CFO at www.a2zCFO.com

Cloud-based system can improve accounting operation

Accounting Budgeting Business Management CFO Financial forecast Financial Statements

By Rolf Neuweiler 07-29-2020

Covid-19 has forced many businesses to conduct daily operations online, including accounting and finance. A cloud based system can improve collaboration and efficiencies in financial and accounting consolidation, reporting and teamwork. There are different types of subscription-based Software as a Service (SaaS) for accounting, such as QuickBooks Online, SlickPie, Sage 50, Zero and Kashoo.  A […]

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dollars and calculator with plus red button, used for an article about Pay Check Protection SBA loans due to Covid-19 for small businesses, written by Rolf Neuweiler, consulting CFO at www.a2zCFO.com

PPP Loans’ New & Better Terms, – 6 days left to apply!

Cash flow Debt & Loan Management Financing Loans

By Rolf Neuweiler 06-22-2020

The Paycheck Protection Program  (PPP) loan program is scheduled to end June 30, 2020.  The new PPP legislation has changed the Paycheck Protection Program Loan to make it easier to qualify for forgiveness up to 100%: You now have up to a 24-week Covered Period (previously 8 weeks) to spend loan funds starting the date […]

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