The CFO's Word will give you a better understanding of the issues of personal and business finance. Your finance game will go to a whole new level. Every day, subscribers receive an email describing a word or term or concept associated with accounting or with managing personal or business finances. Here's an example:

The process of gradually reducing the value of an intangible asset or spreading the cost of a long-term liability over its useful life.  Understanding and properly accounting for amortization helps allocate expenses over time, resulting in more accurate financial statements.

Formula: Principal Amount / # Years of Payments = Annual Amortization Amount. 

Familiarize yourself with the concept of amortization, especially when dealing with intangible assets or long-term liabilities such as loans.

The daily email will define a word or term or concept in this category, as well as provide other information for context and for clarity. Subscribing to a WORD is the easiest and best way for you to get familiarity and understanding on a topic. You can subscribe to a WORD for you, for your friends and family members ... even your co-workers, your mentees, your children, your students ... ALL for $5 per month each.  

Most CRDC clients do not pay fees for their assistance or to attend training. We use knowledge and growth to raise funds and to serve the underserved. Please get a WORD. Win-Win!