Four Essential Traits of a Good Accountant.

Four Essential Traits of a Good Accountant.

What makes a person genuinely good at what they do? What are those essential traits they possess to help them raise the bar in their profession? We all possess different characteristics and talents that make us unique. Some people have the uncanny ability to chat with...
Effective Communication in Accounting

Effective Communication in Accounting

Effective communication between an accountant and their client is the key to a successful partnership. Without it, all the numbers and data are useless.  The balance sheet, the income statement, and the cash flow statement (also known as the Big 3) are critical to...
Calculate and Understand Net Profit Margin

Calculate and Understand Net Profit Margin

Net profit margin (NPM)is defined as the percentage of revenue left over once all expenses (this includes but is not limited to operating expenses, interest, taxes, and specific stock dividends) are deducted from a company’s total revenue.  Companies calculate...
Understanding the Cash Conversion Cycle

Understanding the Cash Conversion Cycle

The cash conversion cycle (CCC), also sometimes referred to as Cash Cycle or as the Net Operating Cycle, measures the time it takes for a businesses’ investments to become sales and then into revenue. This metric accounts for how much time it takes to move your...

Pin It on Pinterest