In a previous post we covered 6 ways to save money on your audit. Here are 6 more! Audits are a necessary evil for a lot of companies and a cost which can in some cases, seem excessive. So you probably want to know how you can save money on your next audit, right? Well, […]
The primary reasons you want an audit is not to verify whether fraud exists, or to make sure your bookkeeper is doing your accounting correctly. Rather, the purpose of an audit is to (ahem): “To obtain a CPA’s opinion as to whether the financial statements are presented fairly with respect to GAAP (generally accepted accounting […]
In order to make good financial decisions, one needs accurate records in real-time to monitor the business appropriately. It used to be that financial statements and relevant accounting information would not be available until the end of your financial year. You would provide the detail, and your accountant would pull this together into the required […]
Here you are working on growing your business, thinking your bookkeeper is the best, keeping your records up to date and reporting all your transactions. You then find out your bookkeeper is not doing what you expected them to do. Here are 25 common bookkeeping mistakes that might indicate your accounting records are not what […]
As a small business owner, obtaining a loan can be the difference between open and closed for your doors. It can provide a vital piece of equipment to keep you in the black, or it can help you to expand. And while the process may look daunting, we are here to help, with a few […]
