Ask any accountant and they’ll spout off the balance sheet equation (Assets = Liabilities + Owner’s Equity). Ask most everyone else, and they’ll either look at you blankly or have a hard time remembering what goes where in that equation. It’s simple, really, if you just picture it.
The Balance Sheet – A Visualization & Explanation
October 18th, 2008 2 Comments
Tags: Accounting · balance sheet · dashboards · finance · financial statements · financials · visual accounting · visual balance sheet
I’m a banker, He’s a banker, Wouldn’t you like to be a banker too?
September 30th, 2008 1 Comment
I really don’t want to be a banker and I’m guessing you don’t either. The harsh reality is that any business with accounts receivable is acting as a banker.
With the current economy and banking situation, it’s important to realize that you are a banker…and you should act like one. In times when banks are failing [...]
Tags: Accounting · cash flow · collections · credit policy · finance · money

