Strategies for business and personal financial success

Are you using your accounting system correctly?

In the October 2018 edition of Financial Management magazine, I read an article called “7 Ways Companies Misuse Their Accounting Systems” written by J. Carlton Collins. After reading the article, I thought I’d put together a brief summary because I think its valuable information that many of business leaders do not always consider. Read More

Accounting Standards Update 2018-08

In June 2018, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2018-08 “Clarifying the scope and accounting guidance for contributions received and contributions made.”. Read More

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