Pro forma is a Latin term which means “for form.” In short, the pro forma financial statements are the “what-if” statement generators. They allow you to […]
California houses about 4 million small businesses, which ultimately employ over 7 million people. Small enterprises have taken over the State of California, making up about […]
“Accounting is a tool to get to what clients really need: advice on all affairs directly and indirectly related to financials.” – Marc Rosenberg This quote […]
It is very crucial to measure the financial performance of your business especially when you have to manage your expenses and scale the profitability as well. […]
The concept of outsourcing is very straightforward. According to the dictionary, it means “contracting a segment of work that a company needs to perform on a […]
“Capital isn’t this pile of money sitting somewhere; it’s an accounting construct.” Accounting has always been a key part of a business. But it’s a fact […]
Back office services don’t directly impact revenue and often get tossed to the back burner. Some ignore them to focus more on so-called essentials – sales. […]
Payables, receivables, depreciations, ledgers, and remittances… have you ever googled fancy terms you find on a balance sheet? Not every business owner has a background in […]
Not many businesses can claim that their payroll is free from errors or discrepancies. In reality, the payroll problem is a common issue many employers face. […]