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10 Financial Yardsticks For Your Small Business
By : Joseph Anthony Time and again, accountants and consultants who specialize in small businesses say that such enterprises don’t pay enough attention to cash flow. That’s the measure of how much...
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Record Your Assets Through Proper Accounting Way
By : John Hivern Assets consist of two major components – cash and physical assets. While asset management is fairly an easy task, most of us – especially those who own small businesses- do not pay...
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How To Know If Your Accountant Is More Than Just A Number Wizard
The business industry is all about venture and bottom-line business concerns. As Henry R. Luce quotes, “Business, more than any other occupation, is a continual dealing with the future; it is a...
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Accounting 101… Just What’s In It?
(Re-post) Accounting is the language of business. It’s how a business “keeps score”. It is defined as the art of recording, classifying, and summarizing financial transactions and events. It deals...
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Bookkeeper – Friend or Foe?
By : Dan Radak At first, starting your own company might seem like a brilliant idea, and the only question that will come to your mind is “why did not I do this earlier?” You are your own boss, you are...
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Bookkeeping Strategies To Grow Your Business
By : Vardan Pogosian Most small business owners look to marketing strategies as they seek to grow a small business. Yet, it is the financial statements that tell the real story about the place where...
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Managing Common Accounting Mistakes In Small Businesses
By : Dan Radak Your business needs to have good accounting to succeed and to grow For any small business, it is very important that you sift through the plethora of accounting applicants and software...
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5 Things Start-Up Companies Need To Know About Accounting
By : Troy Martin Good accounting methods are essential to the success of any startup business. Unfortunately, in the excitement of starting a business, entrepreneurs sometimes make bad financial...
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Accounting For Dummies – 5 Sites To Get The Ball Rolling
By : Joseph O’Brien Lots of people who enjoy writing are not nearly as comfortable with numbers as they are with words. But try as we might, nobody can avoid maths – particularly when it comes to...
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How Technology Has Changed The Accounting Job
By : Chelsy Ranard As the financial industry is fluctuating and unpredictable, likewise, financial accounting must be flexible. Since the invention of accounting by Luca Pacioli in 1494, the...
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Key Accounting Terms And Basic Financial Ratios For Small Business Owners
By : Dean Bassal As the owner of a small business, you will often find yourself playing “jack of all trades” – the person responsible for all areas of the company you are running. While many small...
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Forensic Accounting : Does Your Business Need It?
By : Dan Radak At first glance, forensic accounting seems like something not even remotely related to your business. But this is not some CSI-level practice you see on a silver screen. Basically, it is...
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Make Better Business Decisions With Financial Forecasting
By : Joseph Fragnoli / CPA The financial forecast is an aspect of a larger planning process within an organization. It has an immense impact on the overall decision-making process. Preparing financial...
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Simplified Accounting For New Business (no big deal to understand)
By : Alex Nordeen Before you start your own business, it is mandatory to know about how accounting works. Accounting involves necessary tax payments, cash flow and expenses, manage payroll and...
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Essential Year-End Bookkeeping Adjustments
By : Sunil Khullar As 2017 is going to end soon, year-end closing of the books is one of the vital concerns for most business owners. The year-end period involves critical accounting works which...
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