Up Your Cash Flow / Goldstein 71-72

72 First we must lean to understand financial accounting.

Review sample financial statements
Enroll in an accounting course.
The third method is the easiest and the least time consuming. Every time financial statements are prepared, have your accountant explain them in detail. ask "Now that you've prepared this data, how is the information going to help me and my business?"

Every business should review financial accounting once each month. This data should be compared to your budget on a line-by-line basis. If there is a problem getting the data monthly, have statements prepared no less than once each year.