I graduated at the top of my class with a degree in Business Administration. I took Accounting 101 and 102 and got "A"s in both. My professors drilled this into my head: "Find a good accountant." Alas. That was a disastrously incomplete lesson. What I wish I'd learned sooner: My money is my responsibility. If it's my money, [...]
The following story is true. The names have been changed to protect the innocent. If you think this story is about you…you are probably right. The Martyr and The Intimidator Leslie is the owner of a roofing company, a business she inherited from her father. Back in the day, her father managed a small crew [...]
You’ll be at a KFP when: You can generate Income Statement and Balance Sheet reports and trust that the information is current and accurate. You can go through the reports line by line, account by account, and understand what each dollar amount represents. You need a good accountant. Most accountants just prepare tax returns. A [...]
