financial reporting Archives

Cash flow is your business’s trump card
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Cash flow is your business’s trump card

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Cash flow is your business’s trump card

By GS Editorial Board|2020-03-30T21:27:31+00:00October 22nd, 2019|Categories: Blog|Tags: business cash flow, cash flow, cash management, financial reporting, net income, net worth, total assets|

Cash flow with businessman holding a tablet computer on a dark vintage background In financial reporting, investors and business owners tend to focus on four key metrics: 1) revenue, 2) net income, 3) total assets and 4) net worth. But, when it comes to gauging short-term financial performance and creditworthiness, the trump [...]

Sorting through the “Levels of Assurance” in Financial Reporting
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Sorting through the “Levels of Assurance” in Financial Reporting

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Sorting through the “Levels of Assurance” in Financial Reporting

By Gumbiner Savett Editor|2019-06-25T21:51:44+00:00June 25th, 2019|Categories: Blog|Tags: accounting and auditing firms in Los Angeles, assurance services, audit, financial reporting, Gumbiner Savett, levels of assurance|

Financial Reporting in your Company How confident (or assured) are you that your financial reports are reliable, timely and relevant? In order of increasing level of rigor, accountants generally offer three types of assurance services: compilations, reviews and audits. What’s appropriate for your company depends on the needs of creditors or investors, as [...]