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Verdeja, De Armas & Trujillo, LLP CPA Firm
The Importance of Proper Financial Forecasting

It is said that a new small business’s most important year is the first year of operation because it’s in this first year that usually determines whether a business succeeds or fails. One of the main reasons for failure within the first year is due to improper financial forecasting and mismanagement of a business’s cash[…]

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August 10, 2016
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6 Tips to Save Time and Money for Small Business Owners

Small business owners can sometimes find bookkeeping a daunting task when it comes to managing their business and feel that it takes away from their day-to-day business operations. However, successful business owners adopt certain practices and procedures to help them organize the mounting receipts, invoices, and paperwork in an effort to help them stay on[…]

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July 13, 2016
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Upcoming Changes to the Uniform CPA Exam

As you probably already know, the American Institute of Certified Public Accountants (AICPA) will be administering a new version of the Uniform CPA Exam starting April 1, 2017. Why the Changes to the CPA Exam? In a practice analysis conducted by the Board of Examiners of the AICPA, which aimed to make sure that the[…]

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June 21, 2016
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Four Summer Business Tips

Summer is the time for swimsuits, flip-flops, parties and vacations, but when people are busy with these activities, they’re not making purchases or using services from your business. The core group of loyal customers that you rely on is spending their money on other things, and acquiring new customers is difficult when the majority of your[…]

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June 8, 2016
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Preparing a Balance Sheet: The Basics You Need to Know

  Often called a “snapshot,” a balance sheet offers a picture of your business finances at a given point in time. Balance sheets take into account assets, liabilities and equity to show whether or not your company is trending toward growth. Along with other financial records, this tool can aid you in making better decisions[…]

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