When it comes to record-keeping, there is a general feeling of dread caused by the idea of having to account for every little detail. While this is an understandable feeling, you should never fear...
A good set of financial records are a must when considering economic decisions in your operation. Understanding how to pull the needed data out of those records and interpreting them is key to...
The income statement is a summary of revenue and expenses over a period of time, and the cash flow statement contains all cash flows. Together, they provide powerful knowledge for an operation.