The Acid Test Ratio, also known as the quick ratio or liquid ratio, is a financial metric that assesses a company’s short-term liquidity and ability to meet its immediate liabilities without relying on the sale…
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What Is Financial Window Dressing?
Financial “window dressing” refers to a company’s manipulation of financial statements or accounting records to present a more favorable picture of its financial health and performance than is actually the case. The term is often…
5 Tips To Save On Health Insurance
Health insurance is a considerable cost of business for any company, but especially for small companies. Premiums continue to increase, and many smaller firms require employees to shoulder the financial burden. Many employers have been…
How To Settle An Old Tax Debt
Do you have an old tax debt lurking in your past? If you’re interested in settling it, consider these tips. You may be able to settle an old tax debt without paying the entire amount!…
What Is The Sarbanes-Oxley Act?
The Sarbanes-Oxley Act of 2002, often abbreviated as SOX, is a United States federal law enacted in response to high-profile corporate accounting scandals, including those involving Enron, WorldCom, and Tyco International. The Act is named…
When Do I Need A CPA?
A Certified Public Accountant, or CPA, can help ensure that your small business accounting or individual taxes are accurate and complete. Some businesses are small enough, such as home-based businesses, that a Certified Public Accountant…
How To Find A CPA
So, you have decided you need the assistance of Certified Public Accountants. How do you find a CPA? You can go through the yellow pages, of course, and look under the heading Certified Public Accountants. …
Do You Need a Forensic Accountant?
Forensic accounting financial investigative specialists work with financial information to convey complicated issues in a manner that others can easily understand. While some forensic accountants and forensic accounting specialists are engaged in the public…
Do You Have A Wealth Mindset?
Indeed, you’ve heard the saying that when you believe in yourself, you can do anything. It’s a piece of advice that gets passed around for a reason – because it’s 100% true! It especially applies…
What Debt Collectors Can and Can’t Do
Debt collectors are like mosquitos. They can be annoying, and they’re hard to dissuade. Fortunately, there isn’t much a debt collector can do besides call and mail you. The Fair Debt Collection Practices Act (FDCPA)…