Whenever a new high-ranking executive from some prominent organization gets involved in a case of embezzlement or fraud it makes headlines around the world. As a small business owner, you probably think your business is immune to theft and fraud because: You know all...
There are several financial reports that will provide insight into the past, present and future financial state of the business. As a business owner, it is critical to have an annual report of this financial data as it will allow you to more effectively run your...
Earlier this year, a company approached us after identifying some unusual checking activity while their bookkeeper was out of town for a week at training. They asked us to come in to look at all of the activity and determine if their accounting records were accurate....
“Cash is King.” We hear this phrase time and time again, but why is it so important for small and mid-size businesses? The short answer – if you run out of cash, your business fails. Seems obvious, right? However, what may not be as obvious is that being...
Whether you are a new business owner or one that’s been in business for years, understanding requirements of a fiscal year close can be confusing. Keeping your financial information and records accurate year-round is critical to the success of your business, and it...
It’s Your Money and Your Life is a talk radio show on 760AM KMFB San Diego. On the show, Richard Muscio and co-host Joe Vecchio feature notable guests providing valuable information on financial and business matters as well as issues about your life, your...
QuickBooks is by far the most popular accounting software used by small and mid-size businesses and deservedly so as it has more than enough product options for most any type of business. It is also the most commonly used accounting software amongst our clients;...
The San Diego Business Journal recently published an article on the growth of San Diego outsourced accounting firms, including Signature Analytics. “10 years ago, few companies would give much thought to entrusting their financial services to an outsider. Since then,...
If you hired employees in 2014, you may be leaving money on the table in the form of tax credits. If you’re not familiar with the United States Department of Labor’s Work Opportunity Tax Credit (WOTC), or if you think you missed your opportunity to file for the...
