Monthly Archives: May 2012

Importance of the Budget Process

In order to make effective decisions and coordinate the decisions and actions of the various departments, businesses need to have a plan for profitability. Typically a business creates a budget annually which, once approved, becomes the Annual Plan (or Budget). ...
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Account Reconciliations Gone Bad

Any good accountant and most savvy business people understand the value of frequent account reconciliations. They’re the single best way to ensure the accuracy and completeness of your financial records; especially cash account reconciliations. However, a thorough review of this ...
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