by Randy Goldstein | Oct 1, 2014 | Blog
There are thousands of financial reports that your company can write and use, but the following 10 key reports are a must to run your company successfully. (1) Income Statement Trend Report An income statement report that shows consecutive monthly results...
by Randy Goldstein | Oct 1, 2014 | Blog
There are 6 reasons to document company processes. Understand the steps required to complete a certain process Understand the time necessary to complete the entire process and each step Understand the complexity of the process, by determining which department produces...
by Randy Goldstein | Oct 1, 2014 | Blog
Wondering how to measure financial stability of a company? Start by reviewing four KPI categories: Liquidity, Safety, Profitability, and Efficiency. Together, liquidity and safety ratios show whether a company can meet its short-term and long-term debt obligations,...
by Randy Goldstein | Oct 1, 2014 | Blog
An accounting manual is an important tool that all companies should create and maintain. An accounting manual describes in detail accounting procedures and policies that are currently in affect at your company. The accounting manual is like an owner’s manual you...
by Randy Goldstein | Oct 1, 2014 | Blog
Small and medium sized businesses have been put on notice by the state governments. Most States have budget shortfalls and need to obtain additional tax revenue. States are hiring new investigators in order to assess more small and medium sized company’s...
by Randy Goldstein | Oct 1, 2014 | Blog
Due to the severe economic downturn businesses are required to reduce staff and cut operating costs in order to maintain profitability. The normal place to reduce staff is in the administrative areas. However, as you will read from the article below, maintaining...
