Discussion Board
'Count on Us' is a small accounting firm that works with sole proprietors and partnership style of companies. They fully understand and appreciate the challenges of small businesses and have created a business model that focuses on helping them succeed with accounting and consulting services.
• Explain why a company needs a balance sheet and an income statement and how they are different
• At times, 'Count on Us' needs to look at a company's recording of invoices and business dealings and needs to ensure that they follow accounting rules. Explain what service 'Count on Us' does in this regard and why it is important
• 'Count on Us' deals with the financial manager of a company. Explain one role of the financial manager of a company and how it impacts the small business.