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Credit Control and Cashflow
Australia
Bartier Perry
Article discusses and offers tips for collecting debts and for if you are being chased for debts.
Sparke Helmore Lawyers
Invoice factoring allows a company to sell its unpaid invoices to a third party for an immediate, lump sum amount.
Worrells Solvency & Forensic Accountants
January is the ideal time for owners to review cash-flow budgets and set realistic expectations on future cash flows.
Coleman Greig Lawyers
Having a structured and systematic credit policy in place is crucial to mitigate against the strain of unpaid debts.
Worrells Solvency & Forensic Accountants
This article covers the options that can improve cash flow and, when insufficient, where to get additional funding.
Coutts Solicitors & Conveyancers
Terms and conditions can improve communication between you and your customer and may also help get payments in quicker.
Canada
Crowe MacKay LLP
As an owner of a business, your company's books and financial statements represent a score sheet which tells how you are progressing, as well as an early warning system which lets you know when and why the business may be going amiss.
Crowe MacKay LLP
Generally, it is required for sole proprietorships and partnerships to use a calendar year-end. In contrast, corporations, other than professional corporations are able to select the month-end which best suits their business.
Collins Barrow National Incorporated
During times of economic uncertainty, one might expect that an entity would have fewer accounting issues to consider because activity levels often decrease.
Collins Barrow National Incorporated
IFRS 9 Financial Instruments introduces major accounting changes for financial assets that are likely to significantly impact the financial statements of credit unions and other lending organizations, such as leasing companies.
Collins Barrow National Incorporated
Future projects will tackle the "face of the financial statements," focusing on improving the organization of the statements of financial performance, cash flows and financial position.
Cayman Islands
Maples Group
The Credit Reporting Act 2013 (the "CRA") established an official statutory register (the "Register") operated by the Central Bank of Ireland ("CBI") to record the amount of credit in the Irish economy.
Italy
TMF Group
Statement of Cash Flows are now considered independent and separate documents in Italy, and companies must prepare them as such for financial statements starting 1 January 2016.
Luxembourg
KPMG Luxembourg
My last article treated the topic of customer profitability—but this is just one dimension of profitability.
UK
Debenhams Ottaway
Poor cash flow is often cited as the primary reason for businesses failing. You can protect your business by having systems in place that make collecting unpaid invoices as hassle free as possible.
Deloitte
As European IFRS reporters enter 2017, the first generation of Expected Credit Loss (ECL) models have generally been developed, and granular transitional impacts quantified.
United States
K.Coe Isom LLP
With the way 2019 has started, no one is expecting it to be an easy year for cash flow.
Ostrow Reisin Berk & Abrams
New clients frequently ask us how to best organize their neglected books.
Ostrow Reisin Berk & Abrams
It isn't always a major problem that causes a medical practice to lose money. Sometimes a steady drip of small losses — a little bit here, a little bit there — adds up to a big problem.
Goldin Peiser & Peiser, LLP
Fraud is a fact of life, but despite that reality, I continue to find clients who "trust" that their company is free from fraud, even without any controls in place to verify whether that's true
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