Categoría: Bookkeeping

What is Positive Cash Flow Definition, Example, and FAQ

But here’s what you need to know to get a rough idea of what this cash flow statement is doing. Since it’s simpler than the direct method, many small businesses prefer this approach. Also, when using the indirect method, you do not have to go back and reconcile your statements with the direct method. You…

What are CPA Services? And What Kind of Business Needs a CPA?

Smaller firms that typically audit smaller governmental and other entities subject to GAGAS are bound to be most impacted by clarifications in the 2018 Yellow Book. These firms may be unable to assign separate personnel or other effective safeguards when providing audit and preparation of accounting records. CPAs can help business owners evaluate the potential…