Allen Bostrom – Universal Accounting

I am seeking thoughts, ideas and important questions to address regarding the topic of helping accounting clients who are in the red. I have been invited to speak on the profit recovery process described in my book, Red to Black in 30 Days, at the CBA conference (http://www.c-b-a.ca/conference.htm) in Toronto Canada in three weeks.  What [...]

The accounting system and the people who run it are tremendous assets within a business. The accounting function is powerful in helping any business operator and department manager understand what is happening within the business.

Whether you are a small business owner or the accountant of a small business, or both, it is important to realize that nothing happens until you make a sale!

Every year, since 2004, there’s been chatter regarding tax preparer registration or licensing.  Five years ago, there was even legislation proposed, but other priorities trumped it and it was allowed to die.  Each year, since that time, someone has tried to carry the flag, but with minimal success even though the abuse of RALs and [...]

An associate of mine once took over the management of a car dealership that was really having some financial difficulty. In order to generate more cash, he sold one of the product lines to another company. It raised a lot of immediate cash. Then, after reviewing the accounting statements, he realized that this particular product [...]

Google, watch out!  You may have hell to pay!

I have always had a passion for business. I enjoy working with company owners and managers in improving their businesses, but I am often astonished at how little they know about their own companies.