Balancing Your Organization’s Working Capital
Working capital can be a critical performance metric and is defined as the funds your organization has tied up in accounts receivable, accounts payable, and inventory. Rising inflation and interest
Working capital can be a critical performance metric and is defined as the funds your organization has tied up in accounts receivable, accounts payable, and inventory. Rising inflation and interest
Many organizations, including non-profits, use QuickBooks® as a cost-effective solution to manage their accounting processes. However, the software’s capabilities extend beyond organizing and streamlining accounting needs. QuickBooks also can assist
Generally Accepted Accounting Principles (GAAP) is generally considered the gold standard in financial reporting in the United States. However, private and public entities may sometimes use non-GAAP metrics in their
Accounting and auditing standards have come under scrutiny in the wake of recent high-profile bank failures. Investigations are currently underway trying to understand what went wrong with Silicon Valley Bank
The Financial Accounting Standards Board (FASB) published narrowly drawn amendments to the lease accounting rules on March 27. The updated guidance clarifies relevant issues regarding rental agreements between businesses that
What happens with your financial statements after they’re delivered by your CPA? If you’re like most business owners and managers, you breathe a sigh of relief that they’re finished, file
Deferred taxes and the accompanying accounting rules for reporting these items can be very confusing to comprehend. Here’s a brief overview to help clarify the issue. What Are Deferred Taxes?
Many businesses are always looking for creative solutions to cut costs and preserve profits. As a bonus, some costs cutting initiatives also can be good for the environment. Here are
Understanding how auditors verify account balances and transactions is important as it can help organizations reduce disruptions during audit fieldwork and potentially boost the effectiveness of financial statement audits. Here’s
QuickBooks® is an all-in-one solution designed for small and medium-sized businesses to help manage and organize their finances. QuickBooks assists with the accounting function for many companies but includes a