I have a confession to make…
Sadly, I missed an exceptionally important class on the way to my accounting degree decades ago (when dinosaurs ruled the Earth).
Don’t get me wrong – Miami University (@MiamiUniversity) did an awesome job getting me ready for the world of accounting.
But when it comes to the class on dealing with small business accounting freakshows, I think I overslept for that one.
DIY ACCOUNTING FREAKSHOWS – ACT ONE
This month, I am celebrating the twentieth anniversary of my consulting practice (time flies when you’re having a blast!)
Given that, it’s impossible not to hit the pause button and share some of the problematic (and eye-popping) situations I’ve bumped into in the world of small business accounting during that time.
Let’s get warmed up just a bit…
- Far too many businesses do not run a profit and loss report each month.
They should. Really, they need to.