🖨 Print⏱ 3 min readLooking at accounting and journal entry considerations, if accounts receivables are debited and revenue is credited, it can be interpreted as the business recognizing revenue without the customer paying. As such, the U.S. Securities and Exchange Commission (SEC) sees the potential for intentional manipulation of earnings. It is important to review … Continue reading “Breaking Down Bill-and-Hold Arrangements”
🖨 Print⏱ 3 min readThis metric, which is also referred to as the cash cycle or the net operating cycle, looks at the time a business takes to recover its investment in inventory to eventually sell. The process starts from selling its goods, collecting on outstanding receivables or invoices, and satisfying its operating costs with … Continue reading “Cash Conversion Cycle (CCC) Defined”
🖨 Print⏱ 3 min readEnhanced Presidential Security Act of 2024 (HR 9106) – During an election year, the Department of Homeland Security identifies major presidential and vice-presidential candidates in consultation with a committee of congressional leaders. This bipartisan bill instructs the U.S. Secret Service to use the same criteria for establishing the level of protection … Continue reading “Protections for Election Candidates and the Electoral Process; Improving Programs for Veterans and American Indians”
🖨 Print⏱ 4 min readSocial media has evolved from a simple networking platform to a powerful business tool. Businesses today use these platforms with billions of active users worldwide to connect with their target audience. Social media allows businesses of all sizes to reach audiences in a way that traditional advertising, such as print or … Continue reading “Social Media Marketing: A Game-Changer for Business Growth”
🖨 Print⏱ 4 min readIt’s that time of year again. Halloween has just come and gone – and now we’re hurtling headlong into Thanksgiving and Christmas. For holiday shopping, it’s tempting to turn a blind eye and put everything on your credit cards. However, if you don’t want to have a financial hangover in January, … Continue reading “5 Tips to Keep End-of-Year Spending Under Control”
🖨 Print⏱ 5 min readStep 6: Looking to Legacy Planning to Address Future Needs of Family How do you want to be remembered? People often view their legacy as a way of disseminating assets to charitable venues to be remembered as passionate and generous supporters. That is one aspect of a legacy. But perhaps the … Continue reading “Pre-Retirement Planning Guide – Legacy Planning”
🖨 Print⏱ 5 min readStep 5: Estate Plan The value of an estate plan is twofold. Yes, you want to pass your assets on to heirs in a seamless and tax-efficient manner. But it is also a roadmap to help your heirs understand the full breadth of your assets, where they are located, and how … Continue reading “Pre-Retirement Planning Guide Estate Plan”
🖨 Print⏱ 4 min read Former President and current candidate Donald Trump introduced a new policy of his in a recent Arizona rally: No more income tax on overtime pay. This follows both Trump and Vice President Harris’ proposal for a no income tax on tips policy, as well. Below we will look at the … Continue reading “The New Era of “No Tax” Policies: Selective Tax Exemptions and Their Side Effects”
🖨 Print⏱ 4 min readAnalyzing a company’s Accounts Receivables is an effective way to measure its current cash flows and the likelihood of maintaining healthy cash flows. According to the U.S. Chamber of Commerce’s Small Business Index (Third Quarter 2024), 68 percent of small business owners reported being content with their third quarter cash flow … Continue reading “How to Measure the Quality of Accounts Receivable”
🖨 Print⏱ 4 min readAs technology evolves, so have data breaches, which have become a significant threat to businesses of all sizes. We frequently hear reports of high-profile attacks on major organizations, global corporations, and even government agencies. Emerging technologies such as generative artificial intelligence and machine learning make cybersecurity more challenging. They enable cybercriminals … Continue reading “Zero Trust Security Models: The New Standard Against Data Breaches?”
