What Else Do Financial Records Include? Other than the most common line items found in financial statements, investors can also read the lesser known items, such as the footnotes, which often contain ...
Business decisions are often driven by data, so the accuracy and reliability of financial statements are paramount. One misstep in financial reporting can have far-reaching consequences, eroding ...
Financial statements are often overlooked by small businesses as mere compliance tools for tax purposes. These statements, including the income statement, balance sheet, and cash flow report, hold ...
Q: I have a condominium in Florida. We have owned the unit for 23 years. Over the years, we have had some heavy assessments. Recently, we found there was money hidden in bank accounts and money market ...
Number crunching is not a favorite of many small-business owners, unless of course they also happen to be accountants. Reviewing financial statements and analyzing the variances, ratios and ...
The AICPA Accounting and Review Services Committee (ARSC) voted Thursday to expose for public comment a proposed revision that would “make explicit” that a CPA preparing financial statements as a ...
As a small-business owner, the allure of growth may appear deceptively straightforward, but before setting sail toward success through expansion, there are vital financial considerations. As a ...
It is the New Year and time for resolutions and a fresh start. Let us look at a few simple financial management resolutions your business can keep. It is critical for business owners to establish a ...
Sometimes, life can get busy, and letting your finances slide happens by accident. You don’t always have time to review all of your financial accounts. You also may not be interested in constantly ...
The city of Pahokee is examining its finances during a city commission meeting Tuesday evening, where the city manager will report on all bank statements for all city accounts from the past year. Your ...