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Liquidity is just part of overall cash flow management Cash is King; a common business adage which should be modified to Cash Flow is King. Why? Liquidity. Liquidity refers to being able to pay your debts when due. As an example, banks are proactively interested in liquidity before making a loan to a business. One aspect . . . → Read More: Tracking Liquidity | a Wilmington CPA says it can do more than just satisfy the bank Do you need help in getting the most managerial use from your small business accounting? Please consider calling us at (910) 399-2705 for a free initial consult. Let’s look at the issue of Balance Sheet historical cost from the perspective of Wilmington NC Widgets’ CPA, our demo company. Typically, small business accounting doesn’t get the same managerial . . . → Read More: Historical Cost as a Balance Sheet Issue in Small Business Accounting Call Us for Help in Proactively Structuring Major Charitable Giving In my opinion, many charitable institutions prey on the elderly through misleading mail solicitations. The barrage of high pressure requests can be overwhelming, confusing, and ultimately decreases the joy of giving. Sometimes unrequested gifts like address labels, bracelets, pens, etc. are used to instill a sense of . . . → Read More: Accountant Advice on Schedule A, IRS Form 1040 Charitible Donations |
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Copyright by Gary Bode, CPA © 2011 Gary L. Bode, MSA, CPA, pc -Disclaimers- All Rights Reserved |
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