Basic Accounting


Recent Basic Accounting Articles

What Does Sarbanes-Oxley Mean for Companies That Want to Go Public?

Added costs may keep smaller businesses away.  Read more

Surviving Sarbanes-Oxley

A law intended to clean up big public companies has taken its toll on small private ones--both financially and emotionally.  Read more

Gross Margin -- The Overlooked Metric

Not too long ago, I was making a presentation to a prospective client, when he asked me which single metric he should stay most focused on. I thou...  Read more

New Deadlines for Accounting Changes

August 17, 2005 --The Internal Revenue Service (IRS) has issued a new procedure this week that waives the 90-day period for submitting acc...  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

June 28, 2005 --The PricewaterhouseCoopers' Trendsetter Barometer released last week reported that 17% of the fastest growing private comp...  Read more

HP Expanding Into Service Industry

April 26,2005 --In an interview with Inc . this morning, Hewlett-Packard said it will expand into services for the small-business ...  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

With the new year underway, now is a good time to re-commit yourself to making money this year. It's the perfect time to get serious about creating finan...  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

One vital aspect that I often see entrepreneurs overlook in starting and managing a business is that of gross margin. Gross margin (sales minus direct co...  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?

A growing company is supposed to be one happy family, but your computers don't always get the message. Incompatible apps. Proprietary data formats. Feudin...  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

Greg Wittstock's simple breakeven analysis formula helps keep his pond-building business -- and the landscape businesses his company teaches it to -- in t...  Read more

Book Excerpt: Beyond Budgeting

Introduction: Toward a New General Management Model The budget is a tool of repression rather than innovation. ¹ Bob Lutz, ex...  Read more

No More Budgets

In the October 2003 Inc. feature, "Breaking Free from Budgets," on page 72, writer Suzanne McGee profiles businesses that have abandoned the budg...  Read more

Q&A: Seeing Beyond the Annual Budget

Jeremy Hope believes that the annual budgeting process and the fixed contracts it produces are of little value in today's quick changing business environm...  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

We know the Inner City 100 (IC 100) companies are growing rapidly, but does rapid growth translate into strong financial performance? Can these companies ...  Read more

Current vs. Capitalized Expenses

From the Nolo Small Business Center Tax rules cover not only what ex...  Read more