The Importance of Cash Flow

Admin/ November 28, 2019/ Alan Boal, Uncategorized/ 0 comments

What is ‘cash flow’ and what does it represent? To start off, let’s define ‘Cash flow’. Cash flow is the net amount of cash showing the amount of cash being flown in and out of the business, allowing businesses to see the intake of cash, as well as seeing the outtake the business is paying. A companies ‘liquidity’ gives the

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Accounting Cycle

Admin/ June 24, 2019/ Alan Boal, Finance

Accounting Cycle The accounting cycle is a set of rules that is followed by most accountants to ensure that the financial statements they produce are accurate and correct. Because of today’s technology, most accounting systems are computerised and the accounting cycle is usually automated by software which means that there are less human or mathematical errors. The final product of

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