In the current economic environment, its difficult to obtain a bank loan or a line of credit. Businesses fortunate enough to have a line of credit worry about having their line pulled as bank credit managers continually tighten their lending requirements to keep their reserve ratios up with regulatory demands. A recently proposed Accounting Standards [...]
Tags: Accounting, ASU, FASB, IFRS, ISAB
This evening I attended an AccessEN event. Kristen Manger, CEO of Webvisible was the guest speaker. Her presentation was about how her company survived 2009, one of the most difficult year for many companies. Not only did her company survive, but it met its operational goals and raised $20 million from venture capitalists in the [...]
Tags: Accounting, outsourcing, Small Business
When I tell people I am a CPA, they often think of taxes. When I tell people that I am an auditor, they think IRS auditor. I am a CPA, but I don’t do taxes and I don’t work for the IRS. So what should I tell people? Unfortunately, I don’t think there is a [...]
Tags: Accounting, Auditor, CPA, Taxes