by Anna Kozyrenko, CPA, CFE | Accounting
In Summary Regular review and analysis of income statements, balance sheets, and cash flow statements helps business owners understand performance trends, spot early warning signs, and make data-driven decisions before small issues become costly problems. Financial... 
by Jeremiah Wolcott | Accounting
In Summary Internal controls are formal systems, processes, and policies, based on models like the COSO Framework, that help organizations of all sizes protect assets, ensure financial accuracy, and, most importantly, catch fraud and errors sooner, with global data... 
by Krystal Kowall, CPA | Accounting
In Summary To establish the most accurate EBITDA (the primary valuation metric for middle-market companies), owner compensation—including salary, benefits, and discretionary expenses—must be adjusted (“normalized”) to reflect a market-rate salary for the... 
by Krystal Kowall, CPA | Accounting, Consulting, Valuations
In Summary This valuation method determines a company’s worth by subtracting its total liabilities from the current fair market value of its assets, a process known as the adjusted net asset method, which provides a clear picture of the company’s tangible... 
by Denise Jordan | Accounting
In Summary Streamlining the payables process is crucial for financial strength, requiring centralization of invoices into a digital repository for easy tracking and accessibility across authorized users. Automating data capture and creating digital approval workflows... 
by Denise Jordan | Accounting
In Summary While profit margins indicate financial vitality, ARM—the system for creating, tracking, and collecting payments—is essential for converting revenue into actual cash flow, which is necessary for paying vendors and loans, driving investments, and sustaining...