Q&A: Should We Allow Multiple Bank Accounts?

Much more important than knowing who is responsible for the church’s finances should be how the church’s finances are managed. Church leaders, as well as the senior pastor, are primarily responsible for the management of the church’s resources. They should be extremely careful to manage the assets of the church in the same manner as...

by October 27, 2023January 10, 2024

Law Firm Bookkeeping 101: Choosing The Best Accountant for Your Firm

If you decide to hire and manage a bookkeeper you’ll also have to decide whether the position is part-time or requires full time. If you decide to outsource, there are a few ways to go including local bookkeeping services, local CPA firms that offer bookkeeping services and specialized, national outsourced bookkeeping firms. Let’s look into...

by February 22, 2021January 17, 2024

12 Things You Need to Know About Financial Statements

Perhaps even before digging into a company’s financials, an investor should look at the company’s annual report and the 10-K. Much of the annual report is based on the 10-K, but contains less information and is presented in a marketable document intended for an audience of shareholders. Securities and Exchange Commission or SEC and tends to contain more details than...

by December 17, 2020January 15, 2024