Long-term assets, sometimes called long-term investments, are assets that you plan to hold for a year or more. Long-term assets are generally broken down into 4 categories: Securities – include stocks, bonds, and long-term notes receivable. Fixed...

{"title":"Balance Sheet \u2013 Long-Term Assets","post_url":"http:\/\/virtualcfo.typepad.com\/virtual_cfo\/2009\/09\/balance-sheet-longterm-assets.html","feed_url":"http:\/\/virtualcfo.typepad.com\/virtual_cfo\/rss.xml","author":"scotjustice","date":"2009-09-11 08:40:03","summary":"Long-term assets, sometimes called long-term investments, are assets that you plan to hold for a year or more. Long-term assets are generally broken down into 4 categories: Securities \u2013 include stocks, bonds, and long-term notes receivable. Fixed..."}

The current assets section of the balance sheet reports the assets your company has that will be converted into cash in a year. On the balance sheet, the current assets are generally listed in order of liquidity, which is how...

{"title":"Current Asset Section of the Balance Sheet","post_url":"http:\/\/virtualcfo.typepad.com\/virtual_cfo\/2009\/09\/current-asset-section-of-the-balance-sheet.html","feed_url":"http:\/\/virtualcfo.typepad.com\/virtual_cfo\/rss.xml","author":"scotjustice","date":"2009-09-04 07:00:22","summary":"The current assets section of the balance sheet reports the assets your company has that will be converted into cash in a year. On the balance sheet, the current assets are generally listed in order of liquidity, which is how..."}

An income statement can be a very useful tool when the current period being reported is shown along with the same period for the prior year. These are called comparative income statements. By doing this, you can see how the...

{"title":"Income Statement \u2013 Prior Period Comparisons and Analysis","post_url":"http:\/\/virtualcfo.typepad.com\/virtual_cfo\/2009\/08\/income-statement-prior-period-comparisons-and-analysis.html","feed_url":"http:\/\/virtualcfo.typepad.com\/virtual_cfo\/rss.xml","author":"scotjustice","date":"2009-08-31 07:50:41","summary":"An income statement can be a very useful tool when the current period being reported is shown along with the same period for the prior year. These are called comparative income statements. By doing this, you can see how the..."}

The Virtual CFO Blog turns three years old. It seems like yesterday that I posted my first blog entry, Welcome, on the blog. To celebrate the occasion I am posting my first video blog, where I thank you for reading...

{"title":"Happy Third Birthday, Virtual CFO Blog","post_url":"http:\/\/virtualcfo.typepad.com\/virtual_cfo\/2009\/06\/happy-third-birthday-virtual-cfo-blog.html","feed_url":"http:\/\/virtualcfo.typepad.com\/virtual_cfo\/rss.xml","author":"scotjustice","date":"2009-06-17 07:06:11","summary":"The Virtual CFO Blog turns three years old. It seems like yesterday that I posted my first blog entry, Welcome, on the blog. To celebrate the occasion I am posting my first video blog, where I thank you for reading..."}

Over the last few posts, I’ve explained the basics of small business budgeting. Once you have prepared and are comfortable with your firm’s budget, it’s time to turn it into a performance monitoring tool. When your budget is compared to...

{"title":"Using Your Budget as a Tool - Overview","post_url":"http:\/\/virtualcfo.typepad.com\/virtual_cfo\/2009\/06\/using-your-budget-as-a-tool-overview.html","feed_url":"http:\/\/virtualcfo.typepad.com\/virtual_cfo\/rss.xml","author":"scotjustice","date":"2009-06-11 11:45:00","summary":"Over the last few posts, I\u2019ve explained the basics of small business budgeting. Once you have prepared and are comfortable with your firm\u2019s budget, it\u2019s time to turn it into a performance monitoring tool. When your budget is compared to..."}