Your Company Accounting Practices: 9 Questions to Ask

"The ability to ask the right question is more than half the battle of finding the answer.” – Thomas J. Watson, former chairman & CEO of IBM

Let’s be honest – accounting is not a topic most people would choose as a conversation-starter. But accounting is much more than putting all of the debits and credits in their proper places each month. It is the common language that management, shareholders, potential investors and acquirers (among others) use to understand how a business is performing financially. Accounting metrics allow for meaningful comparisons across companies and over time. The ability to produce reliable accounting information is an indicator of a well-run business, while the opposite can suggest there are problems that extend beyond an accounting system snafu. Click here to continue reading.....