In most businesses, what drives the balance sheet are sales and expenses. In other words, they cause the assets and liabilities in a business. One
Read moreCash Flow Projections for Business Planning
While starting a business it is important to prepare financial reports and projections. If done in right way it can help you avoid unforeseen cash
Read moreAccounting Basics for Financing and Investing
Another portion of the statement of cash flows reports the investment that the company took during the reporting year. New investments are signs of growing
Read moreThe Importance of Disclosures
Financial statements are the backbone of a complete financial report. In fact, a financial report is not complete if the three primary financial statements are
Read moreHow to Build an Effective Sales Team?
A good sales team can make the difference between success and failure in your sales business. There are characteristics you can look for in a
Read moreBasics of Business Management
Although we tend to think of business management in terms of the organization of a company, and some may regard management as equivalent to business
Read moreCapital Structure Decisions for Business Owners
Capital structure refers to the relative mix of debt and equity capital in a business. Different companies even within the same industry can have different
Read moreAccounting Basics – How is Accounting used in Business?
It might seem obvious, but in managing a business, it’s important to understand how the business makes a profit. A company needs a good business
Read moreWhat happened at Enron?
Everyone knows at least a little about the Enron story and the devastation it created in the lives of is employees. It’s a story that
Read moreWhat is the role of FASB?
The FASB is one organization that provides standardized guidelines for financial reporting. The mission of the Financial Accounting Standards Board (FASB) is to establish and
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