Money

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5 Areas Where Your Accountant May Fall Short

Posted In ACCOUNTING

Accountants are invaluable for business operations, but they might not be telling you the whole story. Learn how to talk to your accountant for the info you need.
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Look for These 5 Warning Signs in Your Financial Statements

Financial analysts and CPAs have the uncanny ability to identify worrying trends after only a cursory glance at a set of financial statements.
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How Depreciation Affects Your Profits

Posted In ACCOUNTING

Depreciating your assets takes a little extra time and record keeping, but it can help you better understand your profitability and avoid misleading losses.
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What Does My Business’ Credit Score Mean?

Posted In FINDING FUNDING

Your business' credit score implies more than you think. Whether it's based on payment history or company size, learn about the assessment process here.
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Do You Need an Audit, a Review or a Compilation?

Posted In ACCOUNTING

Audits, reviews, and compilations can help your business secure a loan, satisfy regulatory rules, or entice new investors.
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Accounting Basics: How to Complete a Bank Reconciliation

The bank reconciliation process is similar to balancing your checkbook: It reveals any erroneous or missing entries.
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Which Inventory Valuation Method Should You Use?

Posted In ACCOUNTING

If your business sells a product, the method you use to value your inventory can have a significant effect on tax liability and financial ratios.
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How to Handle Stale-Dated Checks

Posted In ACCOUNTING

Every once in a while, your business will write a check, and it will never get cashed.
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