Accrual Basis vs. Cash Basis Accounting
Q: If an accountant's wife can't get to sleep, what does she say? A: “Tell me about work today, dear.” Welcome to Round 2 of Micah’s Accounting 101. A…
General business related topics including strategy, marketing and of course, finance. Fraim, Cawley & Company, CPAs provides business advisory services along with a full array of accountant services to the Roanoke area.
Q: If an accountant's wife can't get to sleep, what does she say? A: “Tell me about work today, dear.” Welcome to Round 2 of Micah’s Accounting 101. A…
Inventory Timing and How It Can Affect Your Taxes “An accountant is someone who solves a problem you didn't know you had in a way you don’t understand.” OK, that…
“I try not to kid myself. You know, I don't mind romancing someone else, but to fool yourself is pretty devastating and dangerous.” - Bill Veeck Hermann Göring was by…
Do Not "Go to Sleep" This Winter “I wonder if the snow loves the trees and fields, that it kisses them so gently? And then it covers them up snug,…
This weekend - August 1-3, 2014 - is a Virginia sales tax "holiday" for a long list of "back to school" type items. This applies whether a person is in school or…
A couple of years back I stumbled on an interesting song called "Mademoiselle Noir." The whole premise is the same as Rapunzel, except instead of being viewed as virtuous and…
“No need to worry, my accountant handles that” – The Notorious B.I.G Since I’ve been in practice I have found that a lot of people have the Biggie Smalls viewpoint…
“Sometimes I have a difficulty talking to people who don't race sailboats.” – Bruno Gianelli That was one of my favorite lines from The West Wing, a show where the…
“Something for nothing, a bargain, a steal Used cars on credit card, lost another wheel I'd like to get it for free It's what the price should be I just…
“A little bit independent in your walk A little bit independent in your talk … A little bit independent with your smile A little bit independent in your style” -…