A Chief Financial Officer (CFO) is accountable for a myriad of responsibilities. Merely saying that they run the ‘Finance Department’ is a gross understatement of what they do. Many successful businesses employ a CFO to handle their various accounting and financial needs. On the other...

When discussing the financial management of your business, you have probably encountered the term “ double entry bookkeeping ” but do you understand what this is? Simply put, a double-entry system means that every transaction involves a minimum of two accounts. For example, if you borrow...

According to a 2008 Intuit press release, QuickBooks' share of retail units in the business accounting category reportedly reached 94.2 percent, strong proof that it is excellent accounting software for small to mid-size businesses. But QuickBooks is not for everyone, and it is important to...