My goal in sharing my insights is to equip you with knowledge that helps safeguard your financial well-being. By exploring financial strategies supporting operations, you’ll be better equipped to understand how management decisions are influenced by budgetary planning and financial analysis – to carryout: projects, start new endeavors, &/or expand existing product-services.
Breaking my content into two primary categories:
Reporting (accounting) and financial analysis
Capital investment strategies, risk, and uncertainty
Reporting (accounting) and Financial Analysis
Operations accounting – reporting on transaction activities
Books: accrual accounting, government/tax accounting, & personal expenses
Report cards: balance sheet, income statement, & cash flow statement
Depreciation of assets: useful life, obsolescence
Basis: capital gains/losses on investments, or assets
Financial analysis – measuring the activity metrics
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