3 Places To Look When Searching For
Next Year's Budget
it comes to next year's budget, you don't have to reinvent the
wheel. But you should do more than simply recycle this year's
Your financial statements can help. They offer three places to
start looking for the right numbers:
Your income statement.
Here you'll see information on sales, margins, operating
expenses, and profits or losses. If sales have faltered this
year, consider allocating dollars to regain the volume that
will bring profits back up.
Your cash flow statement.
This shows you where cash is coming from and where it's going.
Under- or unbudgeted asset purchases can undermine a budget,
as can having just one or two departments rack up excessive
expenses. If either of these problems adversely affected your
current budget, reinforce your company's policies regarding
purchases and departmental expenses.
Your balance sheet. Your
company's assets, liabilities and owner's equity within the
given period are expressed here. Look closely at how
liabilities compare with assets. If debts are mounting,
cutting discretionary expenses (such as bonuses or travel
costs) may be a good objective for next year.
A sound budget can act as a road map to success and an
early-warning system for when things are going awry. Please
let us know how we can help at 925-634-2344 with the planning
and execution of yours.
SMEED CPA Adds Financial
Services To Help Clients With
Investments & Insurance
often we here at SMEED CPA are asked about financial issues
that impact our clients investments and their portfolios.
We always offered our opinion and suggestions but in order to
help our clients actually execute the changes we suggest,
SMEED has created a Financial Services division.
SMEED Financial Services, Inc. will be able to
work with both individual and business clients on their
investment portfolios and manage assets on their behalf.
SMEED Financial will include Michael Uadiale,
ACA, CPA, CGMA; and Pablo Blanco who has
recently joined SMEED and comes with over 18 years of
financial sales and advising experience with affluent
Watch your inbox and mail boxes for more specific information
on services SMEED Financial Services, Inc will make available
Would You Give Me Your
Feedback & Testimonial
on Our Hotline?
Hello it’s Michael Uadiale, CPA of
SMEED CPA Inc. We’ve just installed a toll-free
number that I would like for you to call and tell me how you
think we are doing as your CPA firm.
Just dial 800-609-9006
extension 3638 and follow the instructions. If we’ve
done a good job please let me know. And if we can
improve on anything, please mention that too.
Us Be Found on
Also as we expand our business,
we find more and more people are using
YELP and Google
to look for us by searching Brentwood accountant or
When they do this we want to
be FOUND on GOOGLE. One way you can help us
is to give us an
ONLINE REVIEW on our Google Maps/Places listing --->
or on our YELP local listing
click here to go to our Google Listing for SMEED CPA and
click on the
YELP link to go there.
Scroll down to the Review area.
On either site it may say: Been here?
Rate and review
You will click on the Rate and
review link and then log in, then
give us a review!
You can choose between 1 and 5
STARS and write in what you think about the tax or accounting
work we have done for you.
It's that simple. Thank
you in advance for your help and cooperation!
As always you can call our offices if you have any
questions about these or any other accounting related issues, at
Regards, Michael Uadiale, CPA,
Managing Partner, SMEED CPA,