Generally, a high level of liquidity is best, but too much liquidity could prevent you from taking advantage of long-term investment strategies and other growth opportunities. To figure out how liquid you are, make a list of all your monthly […]

Precise bookkeeping is fundamental to managing cash flow, assessing project profitability, and maintaining proper records for each subcontractor. In the realm of construction accounting, meticulous tracking and categorization of subcontractor expenses is imperative for maintaining robust cash flow and profitability. […]

The following are the components of the stockholder’s equity statement. Cash takes up a large portion of the balance sheet, but cash is actually not considered an asset because it is expected that cash will be spent soon after it […]