Developing a Basic Financial Model – Part IV – Working Capital Historical Relationships

In continuing in our series of fundamental concepts of financial modeling, I will now turn to the initial steps of understanding how to forecast financial information. It is important that the reader has some familiarity of the three major financial statements (income statement, balance sheet and cash flow statement) that I covered in the prior three articles. If not, please read those first prior to continuing.

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Financial Freedom is Possible With Financial Planning

Most people will not accomplish financial freedom without doing some financial planning. Financial planning can be done with a financial advisor, through online research or reading a few books. Most people are worried about their financial future but never take any steps to plan. Some people excuses are being to too young or not knowing enough financial information. It is never too early to plan for your future. Most people are not born wealthy and have to find ways to create wealth. One of the ways to create wealth is by making good business decisions.

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Achieving SOX Compliance Through Security Information Management

Introduction: Brief Overview of SOX The Sarbanes-Oxley Act of 2002, also known as the Public Company Accounting Reform and Investor Protection Act of 2002, and commonly referred to as SOX, is a federal law designed to improve disclosures and closely supervise accounting practices for publicly traded companies and public accounting firms. The legislation, spawned from high profile fraud and scandal dating back to the late 1990s, represents one of the largest reform measures in the history of US business.

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