Tag

revenue

Do You Publish Your Board Book To Your Entire Company?

Over and over again people talk about transparency. Many people assert they are transparent, or are being transparent. Few actually are. I was thinking about this last night while watching the last few episodes of Revenge: Season 2 with Amy. Suddenly the word “transparent” started being thrown around by the Grasons, referring to their new…

Revenue vs. Income

Put this in the pet peeve rant category. I’m tired of “Revenue” being referred to as “Income.” Yes – I know Quickbooks defaults to “Income.” I know it’s technically correct when referring to “Income accounts” in a company’s “Chart of Accounts.” But it’s confusing, and it baffles me. I spent a few minutes tonight trying…