Basic Accounting


Recent Basic Accounting Articles

Gross Margin -- The Overlooked Metric

Small retailers who actively manage their gross margins will quickly discover that profitability and cash flow will consistently beat their budget projections.  Read more

New Deadlines for Accounting Changes

Businesses now have a greater window during which to submit accounting method change requests.  Read more

SEC Seeks Public Input on Sarbanes-Oxley

Some small businesses claim compliance too burdensome and discourages them from public offerings.  Read more

Can't Find an Accountant?

You're not alone. Sarbanes-Oxley has so overwhelmed accountants that companies are having trouble getting their books audited.  Read more

Fast-Growing Firms Feel Impact of Sarbanes-Oxley

Sarbanes-Oxley Act impacts three in 10 fast-growing private companies in the nation, says recent survey.  Read more

HP Expanding Into Service Industry

Hewlett-Packard announces plans to provide services critical to small business owners.  Read more

Five Ideas to Watch

...including artificial muscle and online aromatherapy.  Read more

Taking Stock

A new rule is forcing business owners to think twice about stock options.  Read more

Inc.com | Plug Those Cash Flow Leaks

Stop making the same old mistakes year after year that drain your business of cash. Make a commitment today to better understand your cash flow leaks -- stop...  Read more

Taking the Pain Out of Payday

Still cutting old-fashioned paychecks? Payroll debit cards offer a cheaper, more convenient alternative  Read more

Don't Sign Anything Yet

Beware of commitments that can doom your business from the outset.  Read more

Closing the Books

It's time to settle accounts for 2004 -- and prepare for a fruitful 2005. Here are three ways to get the most out of the annual end-of-the-year bookkeeping s...  Read more

The Secret to Formatting Cash Flow Projections

Here are the keys to creating a powerful tool to take control of your cash flow.  Read more

The Importance of Gross Margin

Gross margin is an extremely important number for every new business to manage, as it impacts your likelihood of breaking even and the profits you earn.  Read more

How to Spot Trouble in Your Financials

Diagnose what's wrong with your company by zeroing in on your financials.  Read more

Cash Flow Projections Made Easy

Here is a 4-step process you can use to create cash flow projections you can trust.  Read more

Cranking Up the Earnings

Forget revenue growth. For VCs these days, it's the EBITDA, stupid .  Read more

Cash Balance: Avoid the Wimpy Syndrome

Don't put off for tomorrow what you should be doing today.  Read more

Can We Talk?

Your accounts payable software won't communicate with inventory. Sales automation snubs manufacturing. Is this any way to build a business?  Read more

Hassle-Free Expensing

Automated expense systems eliminate paper receipts and let employees create and submit reports anytime, anyplace.  Read more

Taking The Fear Out of Factoring

With more and more reputable companies entering the factoring business, services have greatly improved. But factors' bottom line use remains the same: provid...  Read more

Mission Control

What every entrepreneur needs: a high-tech instrument panel designed just for your company.  Read more

Noted

Remembering a factoring guru.  Read more

Breaking Free from Budgets

Exasperated by budgets that hamstring creativity, a growing number of companies are tossing off financial constraints--and still holding the line on spending.  Read more

The Zentrepreneur

Restaurateur Phil Suarez has built his successful business intuitively---perhaps proving that you can't succeed if you're bored.  Read more

A Simple Formula

Determine your breakeven point with this online calculator.  Read more

Book Excerpt: Beyond Budgeting

An excerpt from "Beyond Budgeting" by Jeremy Hope and Robin Fraser.  Read more

No More Budgets

Q&A with Jeremy Hope and a book excerpt from his book, "Beyond Budgeting" from Harvard Business School Press.  Read more

Q&A: Seeing Beyond the Annual Budget

"Beyond Budgeting" coauthor Jeremy Hope discusses the need for businesses to reevaluate the annual budgeting process.  Read more

The Magic Number

Every business has a magic number. By employing his, our columnist didn't overstaff this year.  Read more

New Relief for Road Warriors

Web-based expense-reporting systems let you log on from the road and record expenses as you go.  Read more

Inner City 100 EKG: Beyond Growth

Benchmarking Inner City 100 companies against their industry counterparts reveals most Inner City 100 companies outperform other companies in their marketplace.  Read more

Current vs. Capitalized Expenses

When you may deduct a given expense depends in part on what type of expense it is: current or capitalized.  Read more

Covering TE Expenses

Use an accountable plan for travel and entertainment expenses. It will save you and your employees money.  Read more

Smart Ways to Put Money into Your Small Corporation

How to give your company a cash infusion without taking a heavy tax hit.  Read more