Tag: Financial Reporting
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The 5 Best Financial Reports
“Send me your financials.” What I receive in response to this question is typically a mixed-bag. Maybe there’s a different answer depending on the recipient, but I’ll share my 5 favorite financial reports. These are the ones I’d want to see in order to really help someone. The 5 best financial reports (in order): The point is to look…
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How to Keep Cash Flowing
1) The indirect method of cash reporting The indirect method of reporting cash flow is what you’ll see most often. It’s the standard format across QuickBooks, other financial software, and for publicly-traded companies. How it works There are 3 sections of cash flow With all the components laid out, it’s easy to see why profit is so…