It’s always cheaper to do it yourself than pay someone else, right? Unfortunately, accounting processes are more complex than fixing your truck, and while many businesses benefit from...
Do your profits and cash flows make no sense? Is your balance sheet littered with negative numbers and old, incorrect figures? You are not alone: every growing business...
A pro forma balance sheet is a key component in your pro forma, your 5 to 7-year projection. It lists out your future assets, liabilities, and stockholders’ equity...
Small business fraud is an unfortunately common occurrence. In fact, more fraud occurs in small businesses than in large corporations due to the lack of controls and oversight....
What does a Forensic Accountant Do? Is your small business not making as much profit as you expect? Are you earning profits but always falling short on cash?...
The news regularly has examples of corporate fraud – Wirecard defrauded the public by €1.9B, Matel defrauded of $3M by hackers, Fiat Chrysler salespeople orchestrated $8.7M in wire...
Cost accounting is the specialized discipline of managerial accounting focused on timing and attributing costs accurately. Although the concept of cost accounting is simple, the actual practice is...
Bookkeeping and Accounting are part of the same profession and are often confused as the same thing, however they are different activities. Bookkeeping is transactional and administrative record...