The year 2015 is quickly coming to a close which can only mean one thing: The year 2015 is quickly coming to a close. As my last action on this blog in the year that was 2015 I will answer… Read More ›
Ask the Accountant
Ask the Accountant: Independence Day
Today is the 4th of July, Independence Day in the United States. The idea of independence is of particular importance to accountants that work in public accounting as it is necessary that they are independent in both appearance and in… Read More ›
Ask the Accountant: Audits
The only phrase that scares accountants more than the phrase “social hour” is “annual audit”. It’s not that accountants aren’t social, it’s just that they aren’t social. In terms of the annual audit, this is a cruel and unusual punishment… Read More ›
Ask the Accountant: Mayweather vs. Pacquiao
With the fight of the century between Floyd “ME-ME-ME-ME” Mayweather and Manny “I-hope-that-I-box-better-than-I-sing” Pacquiao less than a week away I have decided to answer some pressing questions about the fight that will provide you, the reader, with in-depth analysis that can’t… Read More ›
Ask the Accountant: March Madness
I’ve been receiving a lot of questions about various accounting issues these last few months and I promise to get to them whenever I feel like it. For now however, I want to answer some questions regarding a more pressing… Read More ›
Ask the Accountant: 2014
The year 2014 was a complicated year for accountants and normal human beings alike. From frightening viruses to disappearing planes to off the field troubles of NFL players to auditors continuing to exist, it has, by all accounts, been a… Read More ›
Ask the Accountant: Budgets
Budgets are a very important aspects of business and it is an art form to create a budget that is both realistic and firm in regards to how a business is going to operate for a given period of time…. Read More ›
Ask the Accountant: Time Value of Money
This month’s topic for Ask the Accountant is going to be intense. The concept of time value of money is full of intricacies, formulas and a bunch of other stuff. It’s complicated, but then so is money. Without further ado… Read More ›
Ask the Accountant: The Balance Sheet
One of the great mysteries of financial statements specifically, and accounting in general is the Balance Sheet. To clear up some of the mysteries surrounding the Balance Sheet, I’m dedicating this edition to the operating statement. Enjoy! I’m confused… Read More ›
Ask the Accountant: Debits vs Credits
Every accountant has to deal with debits and credits; after all, they are the life-blood of the accounting system. But what happens when we don’t know what account to credit? Or what if we don’t know if it should be… Read More ›
