Tag: #CPAAltonaNorth

For small business owners, figuring out the difference between annual leave and long service leave can feel like trying to crack a secret code. Whether you’re trying to keep your business compliant, or foster a happy, productive team; this guide will break it all down so you’ll know exactly how Australia’s leave entitlements work, how they accrue, and how best to manage them in your business. What are annual leave and long service…  Read more

What is a Three-Way Budget? A Three-Way Budget is a comprehensive financial planning tool that integrates three critical financial statements: the profit and loss statement, the cash flow statement, and the balance sheet. This budgeting approach allows business owners to project their financial performance and make informed decisions to ensure profitability and sustainability. The profit and loss statement, also known as the income statement, provides an overview of the business’s…  Read more