Categories: Accounting
If you’re just joining us, we’re all sitting at board meeting going over the latest financial statements that were just handed out by the treasurer. We think we’ve got the basic idea of a Profit & Loss statement, that it tells us how much we earned and how much it cost to earn it, but […]
Categories: Accounting
So you’re at the board meeting of your favourite organization and the treasurer passes around a copy of the latest financial statements. Everyone gives them a respectable two minutes of silence, a few nods of the head, and then looks expectantly at the treasurer, hoping she will say everything is fine because no one wants […]
