INDEX
ABC (always be closing), 215–216
Acceleration, 46
ACCION, 273
Accounting, 143–166
defined, 144
financial statement literacy, 151–152 (See also specific financial statements)
generally accepted accounting principles (GAAP), 144, 150, 278
timing of financial statements, 148–151, 152–158
Accounts payable:
business, 92
Accounts receivable:
days’ receivable ratio, 160, 161–162
factoring, 286–287
personal, 118
sales/receivables ratio, 160, 161
Accredited investors, 223, 227–228
Acid test (quick ratio), 160–161
Address:
of business, 85–86
of owner, 111–112
Affiliated businesses, 108
Affiliated interests, 113
Aging reports:
accounts ...
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