Demystifying Accruals
Accruals are an everyday part of an accountant’s life, but can seem cryptic to the non-accountant. I looked up the definition of...
Demystifying Depreciation
Depreciation can be a tough concept to explain. Accountants intrinsically know what it is and how to calculate it, but might have a hard...
Demystifying Debits and Credits
Many non-accountants don’t understand debits and credits. I’ve met accountants who don’t really understand them either. Years ago, I had...
The First Step in Starting a Business: The Vision Statement
Every company that you’ve heard of has a vision statement. Some might call it a mission statement, others might use some other...
