INDEX

ABC (always be closing), 215–216

Acceleration, 46

ACCION, 273

Accounting, 143–166

defined, 144

financial statement literacy, 151–152 (See also specific financial statements)

generally accepted accounting principles (GAAP), 144, 150, 278

timing of financial statements, 148–151, 152–158

Accounts payable:

aging report, 92, 157–158

business, 92

COGS/payables ratio, 160, 163

personal, 118, 119

Accounts receivable:

aging report, 92, 155–156

business, 84, 92

days’ receivable ratio, 160, 161–162

factoring, 286–287

personal, 118

sales/receivables ratio, 160, 161

Accredited investors, 223, 227–228

Acid test (quick ratio), 160–161

Address:

of business, 85–86

of owner, 111–112

Affiliated businesses, 108

Affiliated interests, 113

Aging reports:

accounts ...

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