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Beyond the Financials: What’s a Quality of Earnings Report?
Financial statements provide insights into a company’s historical performance. But the parties to a merger or acquisition are also interested…
Balancing the Books: Regular Bank Reconciliations Are Essential for a Successful Business
How often do you reconcile your company’s internal financial records against your bank statements? Bank reconciliations are an essential internal…
What Are Retained Earnings — And Why Do They Matter?
Owners’ equity is the difference between the assets and liabilities reported on your company’s balance sheet. It’s generally composed of…
How Do Auditors Verify Account Balances and Transactions?
Audit season is just around the corner for calendar-year entities. Understanding the types of source documents your audit team might…