
A company's current and past financial health are key indicators of its long-term growth potential. So, it follows that a proper modern business analysis relies upon various sets of financial data points and ratios. Further, financial data point analysis is critical to strategic planning, which is, in its final stage, about allocation of resources limited by the business's financial realities. Therefore, the company's financial position, goals, performance and resources are integral to strategic planning, implementation and performance monitoring processes.
The thought of needing to hire a CFO (chief financial officer) may have never crossed your mind as a small business.
Years ago, when AccountingDepartment.com was a much smaller company, we had the idea to celebrate the end of January..
The ability to sort accounting transactions by user-defined divisions and classes in QuickBooks is a great way to track.
As costs vary, the way you value your inventory can impact both your tax bill and how healthy your company looks to.
Sweeping disruption of the accounting industry is imminent. Massive technological change and shifting consumer trends.
Government forms - they're a given when you work as a government contractor, but that doesn't make them any easier to.