In any kind of business, the speed of cash generation through sales is crucial. This is something that cannot be measured by traditional accounting methods and balance sheets. These approaches do not take speed into consideration and that is odd because everyone knows that $1 earned in one day is very different to $1 earned […]
Connecting Actions to Results: Radically Simple Accounting for Real Information
Cost Accounting is not giving companies all the information they really need. That may seem astonishing but it is a fact. There is a much simpler and more straightforward way to get real information from the numbers a company is producing. These numbers are what are needed to make the right decisions about what things are […]
How to Find Out What is Actually Making Money in Your Company (and What Isn’t)
If you knew accurately what is actually making money in your company wouldn’t that then influence all your decisions regarding cost and investment? Well, isn’t that what accounting is for? The problem is, traditional accounting fails to give a complete and correct picture of what is happening dynamically. Every company is trying to achieve a goal. Sometimes […]
