An FM’s Guide to Accounting: The Statement of Cash Flows
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Have you ever looked at an official financial statement from the company you work for? Did it make sense to you? If the answer is no or you can’t remember, keep reading. Continuing on with our FM’s Guide to Accounting series, this week will cover The Statement of...
An FM’s Guide to Accounting: The Balance Sheet
Have you ever looked at an official financial statement from the company you work for? Did it make sense to you? If the answer is no or you can’t remember, keep reading. Continuing on with our FM’s Guide to Accounting series, this week will cover The Balance Sheet....
An FM’s Intro to Accounting
An FM's Intro to Accounting Do Facility Managers need to be CPAs? Heck no. However, I will argue to my grave that we need to have a basic understanding of both managerial and financial accounting. This will not only give you a better understanding of your...
An FM’s Guide to Accounting: Ledgers and Journals
Continuing on with our FM's Guide to Accounting series, this week will cover ledgers and journals. Again, understanding the basics of financial accounting is a great tool for facility managers throughout all industries. By knowing how money is allocated, tracked,...
An FM’s Intro to Accounting
An FM's Intro to Accounting Do Facility Managers need to be CPAs? Heck no. However, I will argue to my grave that we need to have a basic understanding of both managerial and financial accounting. This will not only give you a better understanding of your...
Should Facility Managers Fund Depreciation?
Funding Depreciation Should facility managers fund depreciation? I want to cover the concept of funding depreciation because it is something that I wrestle with still to this day. This is one of the more overlooked concepts that I consider important to the future...
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