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ACC 561 : ACCOUNTING- Accounting Methods- University of Phoenix

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ACC 561 : ACCOUNTING- Accounting Methods- University of Phoenix

Accounting Methods Different accounting methods play a crucial role in how the business will be run and show growth. The accounting methods also show how well a business is able to place itself with its competitors. Businesses often use different accounting methods which are then compiled intoa financial statement to communicate the well-being of the business to its stakeholders. At times, a business may seem as though it is doing well but the cash flow may not be there in a timely manner which may affect the decisions a business may have to make. This memorandum serves as communication to everyone who may be involved in the business and effected by its cash flow.

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ACC 561 : ACCOUNTING- Accounting Methods- University of Phoenix

Accounting Methods Different accounting methods play a crucial role in how the business will be run and show growth. The accounting methods also show how well a business is able to place itself with its competitors. Businesses often use different accounting methods which are then compiled intoa financial statement to communicate the well-being of the business to its stakeholders. At times, a business may seem as though it is doing well but the cash flow may not be there in a timely manner which may affect the decisions a business may have to make. This memorandum serves as communication to everyone who may be involved in the business and effected by its cash flow.MEMORANDUMTo: ManagementSent: Monday, August 5, 2019Subject: Delayed wagesImportance:HighDear Management,As you may have noticed over the past few months, BizCon, has just completed its first year of operations. The company’s growth was fast and strong however, to encourage our clients to hire us, we offered 180-day financing. We are also a new company so a lot of the equipment had to be purchased and paid for on delivery. Another factor effecting BizCon.

ACC 561 : ACCOUNTING- Accounting Methods- University of Phoenix

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