As such, net earnings have nothing to do with the investing or financial activities sections of the CFS. The Institute of Business & Finance provides unparalleled training to create financial industry experts. If you are looking to decipher the language of mutual fund investing with in-depth knowledge and specialization, then the CFS certification is for you. […]
The more frequently you reconcile your bank statements, the easier it is each time. The balance recorded in your books (again, the cash account) and the balance in your bank account will rarely ever be exactly the same, even if you keep meticulous books. When they draw money from your account to pay for a […]
Using these KPIs will help you find ways to improve your accounting practices so you can improve your cash flow and working capital and maintain a profitable business. Another basic small business accounting practice is to prioritize budgeting and forecasting. Your budget is an estimate of your business income and expenses for a set time […]