1033
Showing all 2 results
-
Is it time to streamline? New financial statement framework could be for you
October / November 2013
Newsletter: Trendlines
Price: $225.00, Subscriber Price: $157.50
Word count: 1033
Abstract: When it comes to reporting financial results, Generally Accepted Accounting Principles (GAAP) aren’t the only game in town. This past summer, the American Institute of Certified Public Accountants (AICPA) released a new type of special purpose framework to ease financial reporting for smaller, privately held, owner-managed companies not required to follow GAAP. This article explains how this framework delivers data in a much more streamlined, less costly format, and discusses the ideal candidates for it. But a sidebar notes that the road to widespread acceptance will probably be slow.
-
Don’t count on profitability – Cash flow management often matters more
March / April 2008
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 1033
Abstract: Every business has its slow periods, but construction companies are particularly susceptible to ebbs and flows in income. For this reason, cash flow management often matters more to contractors than profitability. This article offers some savvy strategies for maintaining strong cash flow. (Updated 3/23/12)