Your Financials Are a Crystal Ball (If You Know How to Read Them)

Do you believe Your Financials Are a Crystal Ball (If You Know How to Read Them)? For many founders, finance is intimidating, but it's the key to predicting your company's future. In this interview, CPA and former forensic accountant Angela Rice explains how to use your historical financial data to make better decisions and gain a massive competitive advantage. Learn the difference between a bookkeeper, an accountant, and a CFO ; the #1 rule to prevent employee fraud ; and how to prepare your company for a future acquisition. Check out the company: https://centeredceos.com

Book a 1-on-1 advisory session with me to apply these principles to your business: https://calendly.com/wltb/advisory

👀 CONNECT WITH SEAN

Subscribe: https://www.youtube.com/@seanweisbrot

LinkedIn: https://linkedin.com/in/seanweisbrot

Inquiries: welivetobuild@gmail.com

🕒 CHAPTERS

00:00 - Why You're Doomed to Fail Without This Skill

05:29 - CFO vs. Accountant vs. Bookkeeper: What's the Difference?

07:02 - When (And Who) Should You Hire for Your Finances?

08:48 - The #1 Rule to Prevent Employee Fraud

15:27 - What a CFO Actually Does (It's Not Bookkeeping)

22:10 - When should you hire a CFO

26:51 - Accounting Principles (GAAP) Explained Simply

33:22 - A Forensic Accountant's Guide to "Cooking the Books"

38:27 - How to Prepare Your Company to Be Acquired

45:18 - Using Your Financials to Predict the Future

📈 WORK WITH ME

▶ Book a Paid Advisory Session: https://calendly.com/wltb/advisory

▶ Sponsor the Channel: https://www.welivetobuild.com/collaborate

▶ My AI/Automation Agency: https://optimai.ai

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