top of page
All Posts
What does the Profit & Loss Statement consist of?
A Profit & Loss Statement is a vital and indispensable tool for assessing a company's financial position, enabling strategic planning and informed decision-making.
4 days ago1 min read
What does the Cash Flow Statement consist of?
There are three key categories: Operating, Investing, and Financing Activities.
5 days ago1 min read
How can you prepare for the upcoming Tax Season? 🤔
Here are a few tips to get you off to the right start! 😃
6 days ago1 min read
Key Users of Financial Accounting Reports
Are you curious about who needs financial accounting reports? Understanding this can reveal who relies on these reports for their decisions, sparking your interest in business essentials. 🎯
Jan 201 min read
Jan 170 min read
Jan 20 min read
Dec 17, 20250 min read
GAAP Principles
📊 Did you know not all businesses are required to follow GAAP?
✅ Privately held companies may choose GAAP, but it’s not mandatory.
🏛 Publicly traded companies, government entities, regulated industries, and organizations receiving federal funding must follow GAAP.
Need clarity on your reporting requirements? Let’s make your books balanced and stress-free.
🌐 www.nicolesbalancedbooks.net
📧 nicole@nicolesbalancedbooks.net
Dec 11, 20250 min read
bottom of page