Monthly Archives: May 2017

Cash vs Accrual Accounting

Cash vs Accrual Accounting

Cash accounting and accrual accounting are two concepts that are foreign to most people, but it’s important to understand the difference. As a business owner, if you manage your books on a cash basis, you will ultimately fool yourself. Why ...
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Understanding Business Metrics and KPIs

Understanding Business Metrics and KPIs

Key performance indicators provide insight into the financial health of your business. Before you can track key performance indicators, however, you need to have accurate financial reporting.

There are three key areas where key performance indicators (KPIs) come into play: ...
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