Financial Accounting: Advanced Topics, week (1-4) All Quiz Answers with Assignments.

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 Financial Accounting: Advanced Topics





Week 4 Assignment :

 

PROMPT

Please search online business press and find a recent article related to “Cash Flows,” “Earnings Quality,” or “Detecting Earnings Management.” Then please provide the webpage link of the article together with the answers to the following questions.

Question 1: How is your article of choice related to topics above and why do you think it is interesting?

Its very clear that my chosen article is completely related to "cash flows" since it tells us about not worrying if the cash flows are mostly outflows instead of inflows. i believe its interesting in a way that the author has narrowed down 5 strategies that will help us manage our cash flows.

 https://www.entrepreneur.com/article/317798



PROMPT

Question 2: What are the practical implications of this article?

According to me, the practical implications include the following 3 out of 5 strategies to help overcome negative cash flow

 1. manage invoices by sending gentle reminder emails or setting giving discounts to customers who pay           early 

2. increase revenue that can ultimately create a positive cashflow 

3. leverage money wisely















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