Terrified of Your Financial Statements?

Norm Brodsky contributing to www.inc.com, reveals how inventory and other factors can affect your business in his article, If You Fear Financial Statements, You’re Not Alone.

Read More

Budget Time Again: Make it Worth Your While

It’s December – time to reflect on last year and anticipate 2015. If you haven’t already started, now is a good time to update your budget. And, if you don’t have a budget, it is time to get started!

Read More

Reconsidering the Income Statement

A recent article on the McKinsey & Company website reconsiders how the income statement might be restated to better reflect operating and non-operating income. Simply, the income statement would be divided into two parts: recurring operating income in one part and non-operating income/expenses and nonrecurring items in the other. The thought is that it would better reflect true recurring earnings, provide a better basis for comparison and eliminate duplicative work.

Read More