An asset purchase agreement is a very important document involved in the purchase of an asset, or the assets, of one entity by another. The agreement can cover specific assets or all of the assets owned by the seller and sold to the buyer in the transaction. A quality asset purchase agreement should be formalized in writing, but what exactly should it contain?

CPA's and other accountant's are often called upon to compile a client's financial statements. A compilation is not an audit or a financial statement review, but instead is the actual preparation of the client's financial statements based on management's assumptions, figures, and representations. So, what exactly is a compilation and compilation report?

Accountng internal controls are the processes and procedures designed to ensure integrity within financial reporting, effective and efficient business operations, and compliance with GAAP, applicable laws and regulations. Safeguarding a company's assets against theft and unauthorized use, acquisition, or disposal is also an integral part of a company's internal control system.

Without the use of purchase orders within an organization expenses can quickly get out of control. The use of such a form allows you to know exactly what is purchased when and by whom.

Selling stock in your company can be a great way to help the company achieve its goals and grow at a rate that can far exceed that of under capitalized companies. A stock purchase agreement details the sale of stock to each investor, evidencing their investment, ownership percentage, and information regarding both parties involved.

The use of a credit card authorization form can significantly reduce the risk of credit card fraud or non-authorized charges to both buyers and sellers. Not collecting a credit card authorization form can cost the seller money in both higher credit card processing fees and charge-back fees. What is needed for a good credit card authorization form?

All public companies and many private companies as well, undergo an annual financial statement audit; the culmination of which is an audit report. The audit report gives an opinion of an outside accountant on the overall financial condition of the company.

Does your company post a profit? Even with profits, cash flow is an entire different animal. Often ignored, but of great importance to the operations of any business, cash flow monitoring is the best test to determine whether your company is reaching its full potential.

Shipping, it's how goods get from one place to another. A bill of lading is an essential document to the transport of goods; documenting the specifics, measurements, and values of the cargo as it travels from one shipping point to the next.

Along with the income statement and statement of cash flows the balance sheet is one of the three primary financial statements used by businesses to evaluate the financial health of a company.