When it comes to accounting, there are two main methods of determining a firm's financial health and profitability. One method is to calculate the firm's accounting profits, otherwise known as net ...

Learn the best practices for handling cash flow and other accounting issues. These useful tips and strategies will help you ...

Cash basis accounting records when cash actually changes hands in a transaction, providing a real-time view of your financial position that reflects the actual cash flow of a business or individual.

Cash flow is, understandably, one of a company’s most significant concerns. To stay on top of this vital financial metric, business owners rely on accurate, consistent cash flow statements. These ...

A statement of cash flow is a summary of the inward and outward movement of cash in your business. The presentation of a cash flow statement is a requirement of the International Accounting Standard 7 ...

Inbound cash flow is any currency that a company or individual receives through conducting a transaction with another party.

Accountants record, track, and analyze financial data. And they’re pretty important, especially at tax time. Do you fully understand your cash flow? If not, get a handle on it with Ultimate Financial ...