Previously, we discussed some ways to improve cash flow within a company. This evolved from a question that was posed by contractors on a message board regarding the difference between profits and ...

Preparing a financial statement is the last step in the accounting cycle before the cycle starts over in a new period. After the accounts have been adjusted and closed, the financial statements are ...

Nonprofits are organizations that are not owned by shareholders and are not intended to earn profit for distribution. Instead, nonprofits typically seek to earn revenue to distribute for programs, ...