Basic Accounting


Recent Basic Accounting Articles

From Creation to Evolution

A rising market paints over inexperience and masks many mistakes, which today's market is starting to reveal. It's not just enough to be young and energet...  Read more

How Can Your Group Shine (Especially During Tough Times) ?

There's a certain type of small-business owner or small-enterprise leader who stands out among the grow-at-any-cost organizations, those "maximum profit f...  Read more

The Pita Principle

Just how low can you go when bootstrapping your start-up? The founders of Stacy's Pita Chip Co. can tell you.  Read more

Cost-Control Diet

Trim financial fat from your business's expenses.  Read more

Measuring Returns on IT Investments: Some Tools and Techniques

Laptop computers could make a sales force more productive, but they also cost more than desktop PCs. Should a company buy laptops for its salespeople? Sof...  Read more

Strategies and Processes for a Changing Economy

The sky is falling! Batten down the hatches! Cut back on everything. The economy is coming to a complete stop. HOLD IT! Do you really want to throw all of...  Read more

Financial Strategies: The Best of Inc. Magazine

When it comes to questions about business finance, Jill Andresky F...  Read more

Building a Business Beyond Now

The last few years have provided an interesting climate for young businesses. Those high-flying times of active investments with big capital brought about...  Read more

The Earnings Management Crackdown

The SEC is cracking down hard on corporate earnings management ? but is your board? Everything from abuse of special charges to stuffing the sales pipelin...  Read more

Track Your Critical Numbers

In the April 2001 issue of Inc. magazine, you can read the story of Fred LeFranc -...  Read more

Global Trade, Zero Angst

International trade without the stress.  Read more

Cover Your Assets

Can your company's creditors touch your home or your car? Not if you plan well in advance.  Read more

Ten Years From Now, Will Retiring Baby Boomers Cause a Stock Market Meltdown?

Baby boomers are often seen as a herd, rushing together from trend to trend. In the ' 80s and ' 90s they got a taste for stocks, helping to drive the grea...  Read more

How Employees Value (Often Incorrectly) Their Stock Options

One of the more intriguing changes in executive and employee compensation is the increase in the use of stock options. Although much of the discussion abo...  Read more

Why Real Estate Is Strong Even In A Weak Economy

When the U.S. economy went through a recession during the late 1980s and early 1990s, commercial real estate hit the pits. An explosion of construction du...  Read more

Handling Commuting Costs: Employer and Employee Perspectives

Generally the cost of commuting to and from work is not deductible by an employee. However, certain payments by employers-called qualified transportation ...  Read more

Putting Your Company on the Block

When you put your company on the block, potential buyers may urge you to sell them your company's assets rather than its stock. Your decision can have seriou...  Read more

The Right Price

Too many new entrepreneurs harm their own prospects by underpricing their goods and services. But if those company owners just take the time to think, they c...  Read more

A Closet Full of Cash

Think you have to burn through all your funding to develop your brand? Not true, according to Fashionmall.com CEO Ben Narasin, who believes in spending money...  Read more

The Theory Economy

How is it that the markets can value a company at $11 million when its total cash holdings are over $35 million?  Read more

Give Credit to the Small-Business Owner

Nick Ypsilantis, CEO of AccuFile, has learned to live on a relatively small line of credit while minimizing debt.  Read more

Follow the Big Guys

Currency fluctuations can jeopardize cash flow or profitability in companies of any size. If your company is potentially at risk, consider currency hedging.  Read more

Simplified Rules for Required Minimum Distributions

Proposed Treasury regulations released in mid-January [ 2001] greatly simplify computations for required minimum distributions (RMDs) from qualified retir...  Read more

Are You Ready for the Major Leagues?

Is your small company ready to do business with the big boys? One researcher has concluded that many are ill equipped to perform in the big leagues. Take thi...  Read more

Accounting Associations

Industry-specific associations can help you research hard-to-find details about the industry you're in and often offer valuable networking opportunities w...  Read more

Getting Ahead in a Slowing Economy

This isn't a column I want to write -- or you want to read. I'd like to be writing about predictions of another year of a booming economy, giving you advi...  Read more

The Failure Myth

Every new entrepreneur has likely heard the warning, "Four out of every five new businesses fail." There's just one problem -- it's not true. Here are few si...  Read more

How are training costs calculated?

The costs of learning may be difficult to decipher without an all-inclusive cost analysis system. Many trainers perpetually defend their approach through ...  Read more

What to Discuss at Year-End Board Meetings

Before the end of the fiscal year (e.g., December 31 for calendar-year corporations), boards of directors of small corporations should meet to discuss a w...  Read more

The South Shall Ride Again

This motorcycle maker has a powerful vision for his company. And he's dragging his supporters along -- whether they like it or not.  Read more

Estate Planning

Despite a presidential veto, the "death tax" is still a hot political issue in 2000. What's a small-business person to do?  Read more

What should I do when a partner is lax about keeping the books?

Starting a Business mentors Paul and Sarah Edwards respond to the following question from an inc.com user: My partner is reliab...  Read more

Tax Consequences of Taking Equity

If you're thinking about taking equity instead of cash as payment for services, consider this. Robyn Sachs's $28 million advertising and public rel...  Read more

Do Due Diligence before Taking Equity

How do you determine whether to take a chance on a customer by accepting stock or stock options as part of your fee? The same way you'd judge any potentia...  Read more

Taking Equity: How Much? How Often?

In her first stock-for-services deal, Sandra Gassman, CEO of MarketingFuel Inc., in New York City, took only 25% of MarketFuel's fee in cash, 75% in equit...  Read more