accounting records

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Selling Your Business & the Value of Accounting Records

M&A Current Environment 2020 and 2021 have been record years for mergers and acquisitions (M&A) despite COVID19.  Liquidity in the marketplace, abundance of retiring baby boomers, and low interest rates continue to fuel the M&A market.   This seller’s market has allowed multiples for selling businesses to remain at high levels.  Investment bankers representing sellers are

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Accounting Cycle

See Also: Account Reconciliation Account Reconcilement Definition Accrual Based Accounting Financial Accounting Standards Board (FASB) Generally Accepted Accounting Principles (GAAP) Thirteen Week Cash Flow Report Accounting Cycle Definition The accounting cycle, defined as the process taken by prudent accountants which leads to sensible accounting records, is part of the general best practices of accountancy. During

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