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Creative Capital Associates, Inc. > Blog > accounting
- By CCA
The Difference Between Cash and Accrual Accounting
The cash method of accounting is the most common choice for small business owners. Under the cash method, you don’t count income until you have the cash or the check in hand and you don’t count expenses until the money leaves your account. In comparison,
- By CCA
UCC – Down And Dirty
Pledging something of value as a form of collateral to borrow money is creating a debt. Using debt is an …
- By CCA
No Pre-Billing Of Invoices In Factoring
Recently I was writing in a discussion forum with some accountants about the use of accounts receivable factoring and specifically …
- By CCA
Off-Balance Sheet Funding
A true benefit associated with invoice factoring is the off balance sheet nature of the financing. By making advances on …
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IRS Audits of Small Business Software Files
The Internal Revenue Service has been ramping up enforcement of tax compliance. Previously I have posted about mis-catagorization of employees …
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A Case Of Mistaken Identity
A business owner must wear multiple hats and have expertise in various areas. For example, when the company sells to …
- By CCA
Choosing An Accountant For Your Business
On the AmEx OPEN blog, Bianca Male, explains how to choose an accountant to help with financial matters. When you’re …
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20 Indicators Of Problems With Financial Statements
Because a factoring company wants to make sure a business is being run properly, we take a good look at …
- By CCA
Guest Post: Cash vs. Accrual Accounting
Commercial finance writer Sam Thacker writes a nice blog post on the basic accounting question; What’s the difference between Cash …
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