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1. If we had an audit, would we receive a clean opinion? Many small, privately held businesses do not need nor can afford to undergo a full accounting audit. But a clean audit opinion is the standard used to gauge the quality of an accounting system. Not qualifying for a clean audit might imply low-quality
If CFOs think they have a lonely job, they should go talk to their CEOs. There are not many people a CEO can turn to for sharing questions or doubts, or to get frank answers to tough questions. Here is where CFOs can make their mark. Looking back at my own experiences working closely with