September 17, 2019

About September 17, 2019

Our New Website Is Live!

Welcome to our new website! We have revamped our blog site to make it friendlier for the people who visit us on a regular basis

So You Want to Start a Business?

So you have decided 2016 is the year to follow your dreams, step out on faith, and take the plunge. You are ready to start

What Business Structure Should I Choose?

One of the first hurdle most potential business owners face is making a decision on the type of business structure that is best for their

Bookkeeping Versus Accounting, Is There a Difference?

Over the years, I have met many clients who came to me to provide accounting and bookkeeping services. In many instances, I have had to

How Important is Cash Flows to a Business?

a In order for a business to survive, the business must be able to generate and sustain a positive cash flow. Understanding the basic concepts

New FASB Standard – Revenue Recognition

There are some keys changes that will be implement in the very near future for Revenue Recognition. These new pronouncements will change how we recognize

Understanding The New Lease Standard

The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) (collectively, the Boards) have completed deliberations on new standards that significantly change

Accrual Versus Cash Basis Accounting

The most commonly used basis by small businesses is the cash basis method of accounting. Most small businesses (with sales of less than $5 million

Creating and Managing a Budget

Why do I Need Budget? A budget can help to plan and control your future income and expenses, it is an itemization of likely income

New FASB lease accounting standard (ASC 842)

The Lease Accounting Standard Change, ASU 2016-02, Leases (Topic 842), presents significant changes to the Balance Sheet of the Lessee. The ASU also will require disclosures to

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