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In addition to the common size analysis, analysts may also use other methods such as ratio analysis and trend ratios to further analyze the organization’s financial trends and performance. For the most part, however, cash flow statements for non and for-profits are very similar. If you’ve dealt with for-profit cash flow statements before, this should … Read more
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By recognizing revenue and expenses differently, you can affect cash flow, profitability assessments, and investment decisions. Timing differences in accounting also play a role in financial decision-making. The recognition of revenue and expenses can affect cash flow and profitability assessments. Accruals involve tracking transactions over time and determining when revenue should be recognized or expenses … Read more
Or you can spot someone who hasn’t paid their invoice on time and gently suggest that you can’t do anymore work until you’re all square. And because each time you add a new supplier to the system you’ll be making note of their full contact details, you don’t have to worry about keeping an address … Read more
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