Do accounting errors & fraud really affect small businesses?... ABSOLUTELY!
Accounting errors and fraud undermine financial decisions, result in monetary losses and in some cases even force companies to close. Read the TRUE STORIES below to see how REAL small businesses are affected by errors and fraud every day.
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Loan Officers Need Clean, Organized Financial Statements
FACINATING article for today’s post… No clean financial statements mean your bank will say no to your loan request.
http://www.itworld.com/small-business/76946/loan-officers-need-clean-organized-financial-statements
Bank underwriters now need clean financial statements. This comes as a real shock [since most small businesses] haven’t reconciled their QuickBooks accounting software for years. Many of them have the owner’s wife or daughter, with no accounting [...]
