Bookkeeping

He presents Sara with an agreement that includes the amount of the advance and the repayment schedule. The agreement contains a section for how any unpaid what is a business audit and why should you do one advances will be handled should an employee quit before paying back the entire advance. Make sure you check […]

Being in an informed position at all times enables the company’s owners to understand what their options are, how to react in different business situations, and how their company’s valuation fits into the bigger picture. Company Valuation or Business Valuation, is the process by which the economic value of a business, whether a large or

In the asset sections mentioned above, the accounts are listed in the descending order of their liquidity (how quickly and easily they can be converted to cash). Similarly, liabilities are listed in the order of their priority for payment. In financial reporting, the terms “current” and “non-current” are synonymous with the terms “short-term” and “long-term,”