Financial Poise

Articles tagged: Accounting

Makin’ It Rain: Successful Startups are Investible Startups

A good idea is not enough to attract investors. Does your startup have these 4 traits that successful and “invistable” startups all share?

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An antique cash register, symbolizing business valuation methods

3 Approaches to Business Valuation Methods

Are you valuing your business for a transition, taxes or even litigation? The reason for your valuation will determine the business valuation methods you use. 

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A magnifying glass and houses overlay different financial statements, highlighting the importance of understanding real estate terminology.

Real Estate Terminology Every Investor Should Know

If you’re wondering how to invest in real estate, start with this glossary of real estate terms related to investing, property operations and loans.

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accrued expenses

‘Know Thy Numbers’ Installment #7 – Accrued Expenses

Accrued expenses aren’t as well-known as accounts receivable, inventory, and accounts payable, but ignore this accounting concept at your peril. 

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Inventory

‘Know Thy Numbers’ Installment 6: Inventory Accounting

Inventory accounting values a company’s inventory, or saleable products, and analyzes the health of inventory flow.

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Accounts Receivable

‘Know Thy Numbers’ Installment #5: Understanding Accounts Receivable

Improve your accounts receivable collections and increase your cash flow using these helpful calculations.

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Using Integrated Financial Systems

The Importance of an Integrated Financial System in Your Business Infrastructure

An integrated financial system allows your business to automate financial processes, keep data current and make better financial decisions.

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an abstract artwork for an abstract concept: SOC report

That’s SOC, Not SOX: SOC Reports Audit the Safety of Company Data

An SOC report tells business owners, buyers and fiduciary directors if their data is being safely managed by a service organization. Should you request one?

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Revenue recognition changes, like this business using credit cards, impacts business practices

The Impact of Revenue Recognition Changes to Business Practice

Changes to revenue recognition standards took effect in 2019 for private companies. See how your business practices should change.

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