Resources

Financial Controller and Accounting

Ryan Forrestal

What Is Days Sales Outstanding (DSO) and How to Improve It

What Is Days Sales Outstanding (DSO) and How to Improve It You sent the invoice 47 days ago. The customer hasn’t paid. They haven’t called. They haven’t responded to the polite follow-up your bookkeeper sent two weeks back. Meanwhile, you’ve already paid the labor and materials it took to do the work. That gap kills […]

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Ryan Forrestal

How to Read a Profit and Loss Statement

How to Read a Profit and Loss Statement (Without an Accounting Degree) You open the P&L your bookkeeper just sent. There are line items you don’t recognize, subtotals that don’t match what’s in your bank account, and a “Net Income” number that doesn’t feel anything like how the month actually went. If you’ve ever nodded […]

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Ryan Forrestal

Fractional CFO vs. Controller: What’s the Difference?

Fractional CFO vs. Controller: Which one do I need? If you’ve been shopping for financial help beyond basic bookkeeping, you’ve probably come across two terms: fractional CFO and controller. They’re often used interchangeably—but they’re not the same thing. Hiring the wrong one means paying for expertise you don’t need yet or underinvesting and staying stuck. […]

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