Consult Your CFO Blog
Upcoming 401(k) Changes
The world of retirement savings is undergoing a significant shift. Starting in 2025, many companies will be required to automatically enroll employees into their 401(k) plans and begin deducting contributions from paychecks. This change is a part of the broader...
What is a Forward Contract?
In finance and business, various tools and agreements are designed to help companies manage risks and plan for the future. One such tool is a forward contract. While it might sound complex, the concept behind it is pretty straightforward. In this blog, we’ll explain a...
Financial Implications of Healthcare Policy Changes
Healthcare is constantly evolving, and government policy is one of the biggest drivers of change. From new regulations to reimbursement updates, these changes can significantly affect how healthcare organizations operate—and, more importantly, how they manage their...
The LTSS Billing Process
Billing through the Long-Term Services and Supports (LTSS) system can seem complex, but the process becomes easier to understand once broken down. The LTSS system provides essential services for individuals with disabilities or chronic illnesses, helping them live...
What is Contribution to Care?
In the world of healthcare, ensuring that resources are effectively utilized to improve patient outcomes is paramount. One central concept guiding this endeavor is Contribution to Care. But what does this term mean, and why is it so crucial in modern healthcare? This...
What is a LTSS Billing System?
In the complex world of healthcare, efficient billing systems are important to make sure there’s a smooth operation of services and the sustainability of organizations. One such specialized system is the LTSS billing system. This blog aims to explain what an LTSS...
What is the Autism Waiver Program?
Autism spectrum disorder (ASD) is a developmental disorder that affects communication and behavior. While the symptoms and severity vary widely, individuals with autism often require specialized support to lead fulfilling lives. The Autism Waiver Program is a critical...
What is the Medicaid Waiver Program?
The Medicaid Waiver Program is a crucial element of the United States healthcare system that offers states the flexibility to provide services and support to individuals who may not typically be eligible for Medicaid. This program allows states to tailor their...
DDA Residential Service Regulations
Giving care and support to individuals with developmental disabilities is vital to creating an inclusive and supportive community. The Developmental Disability Administration (DDA) regulations significantly ensure that residential facilities meet the necessary...
E-Commerce Accounting Challenges
Businesses face unique challenges that distinguish them from traditional brick-and-mortar enterprises. One of the most significant hurdles is managing accounting processes effectively. E-commerce accounting encompasses various intricacies that require specialized...
What is Market Liquidity?
Market liquidity is a fundamental concept in finance, crucial for individual investors and large financial institutions. Understanding this can help you make more informed investment decisions, manage risks better, and grasp the dynamics of financial markets. In this...
How to be Financially Literate: Essential Steps to Achieve Your Financial Goals
Having financial literacy is essential to build a better relationship with money. It's a lifelong journey that can help you achieve your financial goals. Whether you're planning for retirement, saving for a large purchase, or simply trying to make ends meet, being...
Post-Merger Integration Process
Mergers and acquisitions are landmark events in the life of a company. While the news of a merger often garners significant attention and excitement, the real work begins once the deal is sealed. The post-merger integration (PMI) process is critical to realizing the...
Cross-Border Finance Challenges
Cross-border finance, an essential facet of international business, involves transactions that cross national boundaries. It encompasses various financial activities, including investments, loans, and banking operations spanning different countries. While offering...
How to Determine the Cost of Goods Sold
Determining the Cost of Goods Sold (COGS) is crucial for any business selling products, whether manufactured goods or purchased for resale. COGS is a critical metric that helps businesses understand the direct costs of producing or acquiring the goods they sell. By...