Credeb advisory

  What is Virtual CFO services? Virtual CFO stands for virtual chief financial officer. A virtual CFO is an outsourced service provider offering high skill assistance in financial requirements of an organization, just like a chief financial officer does for large organizations. A virtual CFO may be a single person or an entity. What do virtual CFO services offer? The benefits of CFO services are: 1. A CFO can identify and manage controller to reliable data and interpret the results, providing insight to help steer the ship toward your stated goals. The result is that you know exactly where, when and how to focus on your team and inform your stakeholders. 2. A CFO can be a much needed sounding board, coach or guide. A team member who knows your business and can help hold you accountable as you work to reach clearlydefined goals. 3. A CFO can position the finance function as a competitive advantage. An experienced CFO can help you cut waste, deploy cash efficiently and fi...

  What is Taxation? Taxation is a term for when a taxing authority, usually a government, levies or imposes a financial obligation on its citizens or residents. Paying taxes to governments and officials has been a mainstay of civilization since ancient times.  The term “taxation” applies to all types of involuntary levies, from income to capital gains to estate taxes. Though taxation can be a noun or verb, it is usually referred to as an act; the resulting revenue is usually called “taxes”. Different types of taxation As mentioned above, taxation applies to all different types of levies. These can include:   1. Income tax – Governments impose income taxes on financial income generated by all entities within their jurisdiction, including individuals and businesses. 2. Corporate tax – This type of tax is imposed on the profit of a business. 3. Capital gains – A tax on capital gains is imposed on any capital gains or profits made by people or businesses from the sa...