Posts Tagged 'accounting'

Working Capital

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Working Capital

Working Capital

How do you measure your organization’s Working Capital?

What is It?

What comes to mind when you hear the term Working Capital?

If you’re like most people, you probably think of cash on hand.  But, it’s more than just that.

The technical definition is Current Assets minus Current Liabilities.

The Balance Sheet

You will find the elements you need on your organization’s Balance Sheet.

First, Current Assets includes cash.  Additionally, it also includes other assets that will be converted to cash or used up in the ...

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Two Five Two

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Two Five Two

Two Five Two

Accounting is as simple as two five two.

Back Story

I graduated from the California State University at Fullerton with an Accounting degree in May of 1987.  And, if that wasn’t a miracle enough, I thank God I was blessed to graduate with highest honors and was named ‘Most Outstanding Accounting Student.’  Concurrent with my last semester, I was also blessed to pass all four parts of the CPA exam.

From there, I began my career as an auditor at the ...

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