Author: Eric Knight

Accounting for everyone!

Balance Sheet Analysis

Financial statements are provided to allow people outside of the company to better understand the strength, profitability, and risk of the company. The balance sheet is one of the key reports used for financial analysis of any company. The balance sheet provides a ‘snapshot’ in time of the company. What this means is the balance…
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Financial Statement Overview

It is often overlooked that the reports made by accountants are not made FOR accountants. Which is why understanding financial statements should definitely NOT be a job for the accountant but instead for the business person. Whether that business person own a small business or work as an executive for a multi-national corporation, it is…
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QuickBooks: What Entrepreneurs Need to Know

What is QuickBooks? Starting a small business as an entrepreneur is scary enough until the dreaded accounting word comes up. Let’s face it, most small business owners are following QuickBooks: What Entrepreneurs Need to Know their passion and not looking for reasons to do accounting. Here is where QuickBooks accounting software enters the picture. So…
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