Financial Management Terminology for Architects For many design professionals the subject of Financial Management is complex and can become problematic if the terminology used in the discussion or writing of this subject are not precise. For clarity, the term, Financial Management, refers to the accrual-basis accounting process of a professional design firm. Accrual-basis accounting is […]
Three Financial Basics
Bookkeeping Basics for Small Firm Architects
Helping Firms Embrace the Language of Business “Bookkeeping?!?! Psshh. It’s confusing, boring, and I don’t want to do it!” “I went to school for architecture, not business!” “Pencils I know, scales and tracing paper I know! Deciphering the client’s needs and wants? Bring it on! But bookkeeping?!?! What manner of evil is this?” These are […]