Financial Reporting

Welcome to the Vena Solutions Financial Reporting Blog. From business insights to industry best practices, learn how to create accurate reports in less time.

The Art and Science of Profitability Analysis

November 29, 2022 |

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The 1-2-3 Guide to the Three-Statement Financial Model

Accounting allows us to comprehend an organization's historical financial statements. However, forecasts based on those financial statements let us analyze how a firm will perform under various assumption types. We can do this using a three-statement finan......

October 12, 2022 |

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Are You Using the Right Cash Flow Report?

There’s no doubt that cash flow is the lifeblood of any business. After all, an organization’s cash flow is what keeps it going day in and day out. Cash flow reports allow your company to glean valuable insights that improve financial decisions—and these i......

October 5, 2022 |

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3 Questions Every Winning Grant Proposal Answers

If your not for profit is struggling to finance the resources needed for your services—especially during times of uncertainty—you’re not alone. In a sector that heavily leans on government funding and private donors, many not for profits have had to pause ......

March 11, 2022 |

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3 Signs You Need Better Employee Data Protection

Your two most important assets are your people and your data. As your employees run detailed reports that contain confidential HR information, and these move along the workflow across the business—from person to person, between departments, internal and ex......

February 8, 2022 |

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4 Best Practices For Creating a Variance Analysis Report in Excel

This blog was first published in 2022 and updated on October 25, 2022. Your recent budgets had significantly high variances—higher than 10%. Your management team will want to know why and they’ll be asking questions such as: How much did we budget Producti......

January 12, 2022 |

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The Ultimate Guide to Financial Dashboards

A financial dashboard is designed to track a variety of finance-related key performance indicators (KPIs). With it, anyone and everyone with access to this data can quickly obtain an accurate overview of the performance in question. In this guide, we answe......

December 9, 2021 |

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How Storytelling Essentials Can Transform Financial Reporting

This blog was first published in 2019 and updated on October 25, 2022. Nobody asks finance professionals to produce a tale about financial reporting as charming and funny as Toy Story or any other movie animated by Pixar. They don’t have to develop a plot ......

December 8, 2021 |

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5 Steps To Build Your Financial Dashboard

Are you seeking a better way to view and understand your company’s financial position? While there are many options available, building a financial dashboard should be at the top of your priority list. Once you create a dashboard, you can take advantage of......

December 7, 2021 |

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How Insurance Companies Should Use Gross Written Premiums and Net Written Premiums

In accounting terms, written premiums represent the number of premiums sold by an insurance company during a specific period and usually appear at the top of a company’s income statement. Written premiums may be measured as a gross or net number—critical m......

December 2, 2021 |

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