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How inflation could affect your financial statements

How inflation could affect your financial statements

May 27, 2022

Costs are rising at levels we haven’t seen for decades. As you factor the effects of inflation into your financials, it’s important to look beyond the income statement.

Forecasts vs. projections: What’s the big difference?

Forecasts vs. projections: What’s the big difference?

May 19, 2022

Use your accountant for more than reporting historical results. Here’s how an accounting professional can help you prepare for the future.

Do you know the signs of financial distress in a business?

Do you know the signs of financial distress in a business?

May 12, 2022

Financial distress rarely happens overnight. There are usually red flags indicating that trouble is brewing, but it might take some effort to spot them.

Management letters: Follow up on your auditor’s recommendations

Management letters: Follow up on your auditor’s recommendations

May 10, 2022

Take your audited financials to the next level by implementing the improvements contained in the management letter.

Leveraging internal audits

Leveraging internal audits

May 3, 2022

Are you making the most of your internal audit team? Don’t let the skills of internal auditors go underutilized at your organization.

Deciding between cash and accrual accounting methods

Deciding between cash and accrual accounting methods

April 12, 2022

Do you know the differences between cash and accrual accounting methods? Some small business owners are unaware of the options that are now available to them.

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