The first hint that the owner of a small service business had that his employee was stealing from him was when the IRS showed up at his door with a ...
It’s the time of the month when you get your company’s financial and management reports. They are sitting on your desk waiting for you to review… so ...
Many CEOs and owners rely on in-house bookkeeping and accounting to receive their financial statements each month because it’s what they’re used to. ...
To understand the profitability of their business, many CEOs will only look at the income statement at the end of each month. Why? Because the income ...
It takes a lot of work to build and maintain a well-managed internal accounting team capable of implementing best practices for your business.
Your financial reports include your Profit & Loss Statement (also called your Income Statement), Balance Sheet, and Statement of Cash Flow. Those ...