Book keeping and accounting for the small business

... Accounting and Finance for Your Small Business Second Edition STEVEN M BRAGG AND E JAMES BURTON John Wiley & Sons, Inc Accounting and Finance for Your Small Business Second Edition Accounting ... Cataloging-in-Publication Data Bragg, Steven M Accounting and Finance for your small business / Steven M Bragg.—2nd ed p cm Rev ed of: Accounting...

Ngày tải lên: 20/06/2014, 18:20

... reporting, and performance evaluation reporting The third function of accounting, the performance measurement function, is closely related to the operational function of the business Since many businesses ... or substandard performance This management-byexception system frees up significant time for managers to plan and coordinate other essential business functions In contrast with...

Ngày tải lên: 20/06/2014, 18:20

... different raw materials, different processing and handling, and different packaging and shipping The new product may change your marketing plans, and a proposal for capital expenditures may result The ... product’s life cycle Taxes and the treatment of expenses and income for tax purposes must be considered and adjusted for in the model For example, increases in receiv...

Ngày tải lên: 20/06/2014, 18:20

... should question the sources of the information: “How old is the information?” and “How reliable is the information?” Always search for alternative sources of information There is rarely only one ... revenues for competitive products and the price per unit, units sold, and market share of each competitor Current and past pricing structures for all products including price discoun...

Ngày tải lên: 20/06/2014, 18:20

... discussed here Interest Accounts Cash flows into and out of the business on a daily basis Unfortunately for most businesses, large and small, the inflows and outflows are neither steady nor all predictable ... stock and what needs to be bought for immediate manufacturing needs Consequently, a mandatory control over inventory is to fence it in and closely restrict access to it...

Ngày tải lên: 20/06/2014, 18:20

... is particularly important for some small businesses to get an understanding of cash flows because they are especially vulnerable to problems dealing with cash Smaller businesses tend to operate ... gather and analyze the information It may save your business In order to effectively carry out the design and implementation of a cash flow analysis, a flowchart of how cash flows throu...

Ngày tải lên: 20/06/2014, 18:20

... uncertainty, for as long as it takes to obtain a thorough understanding of how a cash flow forecast works We highly recommend that every company create a cash flow forecast and update and consult ... significant potential problem for smaller businesses Debt may be the best form of financing for at least two reasons: It is sometimes cheap Interest payments on debt are made in before-...

Ngày tải lên: 20/06/2014, 18:20

... before interest and taxes ᎏᎏᎏᎏ Total assets (tangible) For Fruit Crate Manufacturing Co., Inc.: $49,730 ᎏᎏ = 13.24% $375,714 191 SECTION Evaluating the Operations of the Business III Turnover and ... useless for predicting the future? Not at all However, the results they show must be tempered by your knowledge of the business, as well as a comparison to a variety of other perform...

Ngày tải lên: 20/06/2014, 18:20

... some effort in generating ratios for control and reporting The generation of useful ratios is the guiding star for this analysis If you undertake to generate the information necessary for implementation ... the business, and they may even indicate what might go on in the future Properly applied, analyzed, and interpreted, ratios are a powerful tool for internal and external r...

Ngày tải lên: 20/06/2014, 18:20

... level of income and the payment of that income under various business formats As income grows and the business prospers, changing the business form may be an integral part of the business plan ... Every new business must file for and obtain a proper federal employer identification (FEI) number from the federal government This number identifies the business and is the key...

Ngày tải lên: 20/06/2014, 18:20

... government has a short-form application for taxes of small U.S corporations: Form 1120-A, U.S Short-Form Corporation Income Tax Return In order to qualify to use the short form, the business must meet ... of the enterprise If a husband and wife carry on a business together and expect to share in the profits and losses, they may come under the definition of a partnership for th...

Ngày tải lên: 20/06/2014, 18:20

... www.rebuild.gov ENERGY STAR® for Small Business program The U.S Environmental Protection Agency’s ENERGY STAR for Small Business program provides access to a range of technical materials and services, ... www.energystar.gov/smallbiz and click into the “Products” area ENERGY STAR for Small Business maintains a list of simple, sure energy savers on its Web site...

Ngày tải lên: 18/02/2014, 00:20

... progress of their mobility initiatives ̇ 68% monitored the performance of their mobile applications ̇ 53% monitored the progress of their mobility initiatives ̇ 57% monitored the performance of their ... Measurement of the impact of mobility solutions: Performance ̇ 79% monitored the progress of their mobility initiatives ̇ 85% monitored the performance of their mobile app...

Ngày tải lên: 05/11/2014, 23:28