Posts Tagged financial accounting
The Flaw of Accounts Receivable in Financial Accounting to Non-Accountants
In my previous publication, The Unresolved Flaws in Financial Accounting I addressed some of the complex flaws in financial accounting that add to the confusion and frustration non-accountants face in trying to decipher financial reports. This time, I look at accounts receivable.
Private Financial Accounting
The number of American households filing for bankruptcy because of excessive use of credit cards is rising. There is no single root cause for this phenomenon. If you lose your job, you charge your credit card before you cannot buy your daily needs anymore.