Toptal

Intro

Throughout my career, I’ve often found that financial reporting and management performance metrics are skewed toward the profit and loss account with less of a focus on the balance sheet and cash flow statement. In this article, I’ll share my thoughts on:

The importance of cash management. Some key working capital metrics whose trends can be analyzed to help predict potential future cash issues. Cash management best practices from my own career.

Through their understanding of the balance sheet, CFOs and finance teams can add tremendous value to a company by bringing better visibility to the cash flow statement and ensuring the correct cash metrics are in place.

Why Is Cash Management Important?

Cash flow is arguably the most crucial financial metric a company should focus on, and positive cash flow is critical to growing and sustaining a business.

Cash (or lack thereof), is indeed often highlighted as one

To read the full article click on the 'post' link at the top.