Category Archives: Financial Statements

PPP Loan Forgiveness, " Deductible Expenses with PPP Loans & the 2nd Round of PPP Loans", Rolf Neuweiler, A2ZCFO (image: "PPP Loan Forgiveness" spelled out)

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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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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(hand and its index finger on keyboard) Article on cloud-based systems for business accounting, especially during COVID-19, Rolf Neuweiler, A2ZCFO.

A 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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Covid-19 and re-assessing financial health of a business, used on a blog article by Rolf Neuweiler, consulting CFO of a2zCFO, LLC., about balance sheet and income statement, Please call me (925) 216-5058 or email: rolf@a2zCFO.com

Time to re-assess your company’s financial health

Accounting Business Management Cash flow CFO Debt & Loan Management Financial forecast Financial Statements Strategies

By Rolf Neuweiler 05-01-2020

As our economy is going through dramatic changes due to Covid-19, it is time to re-examine your company’s balance sheet and income statement to make adjustments or even changes in direction in order to survive and thrive.  This article addresses what you need to do in this regard, following my last blog where I talked […]

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Blog about revenue, gross, operating and net profits and profit margins by Rolf Neuweiler, consulting CFO. Rolf Neuweiler, A2ZCFO (image: reviewing profits)

Revenue and Profit Margins

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

By Rolf Neuweiler 09-30-2019

In our last blog, we talked about EBITDA and EBITDA margin, and stated that it is better to use both GAAP metrics and EBITDA to determine an organization’s financial health. Under the guidelines of GAAP (generally accepted accounting principles) requirements for corporate accounting, a profit margin is calculated using one of the three principles: gross […]

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EBITDA & DEBITDA Margin measure profitability of a business & determine operating efficiency & direct cash flow. Rolf Neuweiler, A2ZCFO (image: calculator)

EBITDA

Accounting Business Management Cash flow CFO Consulting Financial forecast Financial Statements Profit margin Strategies

By Rolf Neuweiler 09-01-2019

What is EBITDA? EBITDA is the abbreviation for “Earnings Before Interest, Taxes, Depreciation and Amortization.”  It is a measure of overall profitability of a business. How are EBITDA and EBITA margin calculated? EBITA = earnings before interest, taxes, depreciation, and amortization. EBITDA margin = EBITDA divided by total revenue.  EBITDA and EBITDA margin help determine […]

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Old and New Scams for Stealing Identity in Today’s Digital Age, by Rolf Neuweiler, a2cCFO, LLC, phone:(925) 216-5058 or email: rolf@a2zCFO.com

Old and New Scams for Stealing Identity in Today’s Digital Age

Business Management Financial Statements Fraud prevention Strategies

By Rolf Neuweiler 05-28-2019

Every day we get calls and receive emails from unknown sources and spammers. The following are not exhaustive lists of scams, as identity thieves are “evolving” with more sophisticated ways to breach cyber security. Here are the top 10 scams from Consumer Reports: Debt collection Fake government officials – IRS, Social Security, State Department, etc. […]

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Good bookkeeping & accounting practices help avoid financial and management pitfalls for a growing small business, Rolf Neuweiler, A2ZCFO (image: money pitfall)

Financial and Management Pitfalls for a Growing Small Business – Part 1 of 2

Accounting Budgeting Business Management Cash flow CFO Consulting Debt & Loan Management Financial forecast Financial Statements Financing Line of credit Loans Profit margin Strategies Taxes

By Rolf Neuweiler 01-29-2019

Part 1 of 2: PITFALLS FOR A GROWING SMALL BUSINESS In January 2019, I talked about financial and management pitfalls for growing small businesses at a professional networking group meeting. Here in Part 1 of the two parts, we first focus on each potential pitfall related to lacking strategic goals and skills. In Part 2 […]

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Personal finance budgeting is a healthy habit to establish credit & achieve financial accountable. Rolf Neuweiler A2ZCFO (image: financial accounting goals)

Personal financial budgeting

Accounting Budgeting Consulting Credit history Financial Statements Strategies Taxes Uncategorized

By Rolf Neuweiler 06-06-2018

We all have heard these:  “Money doesn’t grow on trees.”  “Save money for a rainy day.” “Failing to plan is planning to fail.” However, about ⅔ of Americans do not budget. Many live paycheck to paycheck. Financial stress often spills into relationships and family life.   Budgeting is about intentional spending and mindful living. Budgeting […]

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Budgeting for businesses & non profit organizations include capital, cash flow, & operating budgets. Rolf Neuweiler A2ZCFO (image: budgeting tools, calculator)

Three Types of Budgeting for Businesses

Accounting Budgeting Business Management CFO Consulting Financial Statements Strategies

By Rolf Neuweiler 04-26-2018

Failing to plan is planning to fail, that is why budgeting can help a business achieve financial success, predict profitability, provide a model for performance, formulate plans and strategies, and forecast income and expenditures. Planning and Forecasting A budget provides insight into a company’s financial position for the near future.  A budget is a tool […]

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In tax reform bill from Congress, what business meals are and are not deductible for a tax deduction? Rolf Neuweiler A2ZCFO (image: business lunch)

New Tax Law – Are “Meals” and “Entertainment” Still Deductible?

Accounting Business Management CFO Consulting Financial Statements Strategies Taxes Uncategorized

By Rolf Neuweiler 03-05-2018

In the tax reform bill Congress approved last December, entertainment, amusement, or recreation or any expenses with respect to such a facility do not qualify for a tax deduction. Where does this leave “meals”? I have received many questions asking if meals are still deductible. Companies’ Holiday Parties: 100% Deductible Employee Only / Holiday Parties […]

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