To keep your small business profitable, you must audit your cash receipts and accounts receivables periodically. If you follow a money trail for your cash and deposits, as well as your customer orders ...

Accounts receivable are sales that are made but not yet paid for. They are actually a form of short-term unsecured credit extended on the basis of a customer's promise to pay. Terms are generally ...

Editor’s note: This is the second article in a series of articles about application of the group audits standard. For the first article in the series, see “The Scoop on Group Audits: You May Have Them ...

The article explains why debtor realisation and ageing should be analysed over at least three months to assess receivable quality and drawing power ...

The system implemented accounting reforms to avoid overestimating its revenue moving forward. Edward-Elmhurst Health, an integrated system based in Naperville, Illinois, went public this week with ...