Anfisa is a talented accountant.
In this blog she talks about accounting services, payroll, investment consulting, tax training and much more.
AnfisaWDmitrieva@www.business-accounting.net
Phone: 303-647-3438
And complex accounting fraud such as that practiced at Enron is usually extremely difficult for the average retail investor to discover. After all, the Enron fraud was not exposed by high-paid Ivy League MBA-holding Wall Street analysts, but by news reporters who used journal articles and public filings in their due diligence process. Being first on the scene to uncover a fraudulent company can be very lucrative from a short seller’s perspective and can be rather beneficial to a skeptical […]
The income statement, also called theprofit and loss statement, is a report that shows the income, expenses, and resulting profits or losses of a company during a specific time period. This financial plan projections template comes as a set of pro forma templates designed to help startups. The template set includes a 12-month profit and loss statement, a balance sheet, and a cash flow statement for you to detail the current and projected financial position of a business. Small businesses can us […]
Although this information may also be found on the business summary and MD&A section, more detail and numbers may be found on the notes to consolidated financial statements sections. I would also question other aspects such as how the company recognizes revenue and whether it’s at the point of sale or at some other time in the future. Similar to the “selected financial data” section on the 10-K annual report, this section is another good place to get all of the core numbe […]
She most recently worked at Duke University and is the owner of Peggy James, CPA, PLLC, serving small businesses, nonprofits, solopreneurs, freelancers, and individuals. Unlike cars and other machinery, there is no standard depreciation rate when it comes to home furniture. You can estimate the salvage value by checking how much people are selling their used furniture online. While there are many intricacies for depreciation, understanding how it (more…) […]
Investors can watch for these liabilities by understanding the business and carefully reading a company’sfootnotes, which contain information about these obligations. Lenders for example, regularly account for uncollected debts incurred through defaults and often discuss this area when earnings reports are released. Well written post, I found this post through a google search when trying to get other perspectives on applicable risks to the accounts receivable process. I (more…) […]
Furthermore, potential buyers might worry about whether the modifications were correctly performed or if they could signal potential mechanical issues. Unlike many assets, a car’s value generally decreases over time. This may influence which products we review and write about , but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. Until then, the […]
Collaborating with a QuickBooks ProAdvisor can be a valuable experience that optimizes your accounting and financial management processes for efficiency and accuracy. QuickBooks ProAdvisors are certified in QuickBooks, and they have extensive knowledge of the software’s features and capabilities. The inventory management and job costing features are more robust in QuickBooks compared to QuickBooks Online. … Continue reading “QuickBooks for Small Business: Which Version Do You Need?”
Managers can even make a determination about if a company can expand operations by taking on more debt. Management needs to prepare budgeted income statements for the month and the quarter. Based on the budgeted income statement, management sees if the sales goals will be met and if there are any places within the company that expenses can be cut.
Provide constant vigilance on the financial performance of the entity by comparing the actual reported data with forecasted data. Is the total profi […]
The issuer has a process in place for automatically reviewing accounts for possible transition to an unsecured card. Is ideal for business owners with no credit history and plenty of cash in the bank. It’s one of the very few small-business cards that doesn’t require a personal guarantee, meaning you’re not personally on the hook for outstanding balances if your business fails. Brex evaluates creditworthiness by looking at a company’s cash balance, spending patterns and […]
Tax shield in various other forms involves the type of expenditure that is deducted straight away from taxable income. Tax BenefitTax benefits refer to the credit that a business receives on its tax liability for complying with a norm proposed by the government. The advantage is either credited back to the company after paying its regular taxation amount or deducted when paying the tax liability in the first place.
