The AB&P journal
Useful answers for the decisions owners make every week.
Clear guidance on the financial, payroll, and people questions that tend to become urgent when no one explains them early.
News · 3 min read ·
7 Ways to Protect Your Small Business from Fraud and Cybercrime
How secure are your small business assets from fraud, identity theft and cybercrime? According to the Association of Certified Fraud Examiners (ACFE), companies with less than 100 employees lose approximately $155,000…
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Bookkeeping · 2 min read ·
BOE Audit Update
A few weeks ago I wrote a post about the fact that 3 businesses that I know had been selected for an audit or review. The first was a client of mine who operates 4 restaurants, one was a brand new client who had been…
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Bookkeeping · 3 min read ·
Five Tips To Improve Your Cash Flow
I saw this great information in the CPA Practice Advisor (yes I read some of the articles even though I'm not a CPA) and found the following information helpful. I didn't see the author's name to give credit, but the…
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News · 4 min read ·
Tips for Students and Parents Paying for College
I was reading a post by another bookkeeper I know through a bookkeeping group and thought I'd share her blog post. It's great information for anyone in or has a child attending college. The information was originally…
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News · 4 min read ·
Internship in Zambia
Normally my blog is business related postings such as information regarding tax issues, payroll, seminars on topics helpful to entrepreneurs, etc. Today I'm writing on a more personal topic. I hope you don't mind. Yes…
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News · 3 min read ·
The Importance of Scheduling Nothing
I read an article by Jeff Weiner, the CEO of LinkedIn, discussing the importance of scheduling nothing. It was quite thought provoking. Below is some the text of his article. The full article can be read here: http://…
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Bookkeeping · 2 min read ·
Outsourcing Frees Small Business Owners to Focus
I recently created a presentation on the topic of outsourcing tasks (and the reasons to do so), and then came across this article in The Business News Daily. I thought I'd share some of the information written by Davi…
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Payroll · 2 min read ·
Taxability of Bonuses and Gifts
Employers often give employees bonuses for such things as meeting sales goals, holiday gifts, or doing something exemplary in their work performance. Many times they are not aware that some of these payments can be ta…
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News · 3 min read ·
Annual Employee Appreciation
On Friday I closed my office early for our annual employee appreciation dinner. This event started in 2006 when I was the only worker in the business. Each month following the quarter end I'd work even more hours than…
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Bookkeeping · 2 min read ·
What to Do With a Windfall
Tim Thompson of Centaurus Financial recently shared this information in his newsletter, and I thought I'd pass it along through this blog post. If you were to come into a sizable chunk of money, such as an inheritance…
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Payroll · 2 min read ·
Employee Reimbursements & Advances
Many times employees incur expenses in the course of business that are for the benefit of their employer and are reimbursed for such transactions. These reimbursements may or may not be considered wages subject to pay…
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News · 2 min read ·
Protect Yourself From Bank Account Takeover
I was just reading a newsletter from Comerica Bank with this topic discussed, and thought I'd share their information as it is very valuable. “Account Takeover” is one of the largest fraud risks that banks are seeing…
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