How to Create a Cash Schedule for Easy Financial Management
Money is a nerve-wracking topic for many people. In reality, money isn’t that scary if you know how to manage your finances and keep track of your balance at all
Amortized Loans: A Brief Guide to Loan Types
When you take out a loan, you’ll be given a term for how long you need to make payments on it. Loan length is an important piece of information, because
5 Tax-Effective Ways to Liquidate Assets
When it comes to managing your cash flow, you need to be smart about how you spend money. There may be some assets that you can liquidate that don’t have
4 Strategies for Achieving a Balanced Budget: Tips for Financial Success
These are challenging times for many Americans. Even though the economy continues to improve from the recession, most working adults continue to struggle with their finances. The cost of living
What is a Loan Structure and What Should You Know?
Money can be hard to come by for those who aren’t earning enough. Whether you are a stay-at-home parent and need to put aside money for your child’s college education,
Why Incremental Budgeting May be the Right Choice for Your Business
In this digital age, when budget management has become so much more complicated than it used to be, it’s no wonder that the concept of budgeting is struggling. In a
The 5 Assertions That Every Auditor Should Make
As you know by now, audits are complex and challenging processes that should not be undertaken lightly. When you hire an auditor to perform an audit of your organization, you’re
How to Record Payments in Accounting: The Definitive Guide
If you’re an accounting professional, you probably know that managing payments is essential to your firm’s success. Whether you work with clients on a one-on-one basis or as part of
Maximizing Your Experience on Accounting Forums: Tips and Best Practices
As your career progresses, you will likely find yourself in one of two situations: Either you are working with more experienced accounting professionals who can offer you guidance on how
Understanding the Difference Between Internal and External Financial Reporting
Accounting is the language of business. The financial statements are an important element of accounting. All businesses need to track their performance and understand how well they’re doing over time.