Month: January 2021

Once your accounts are set up, you’ll need to input the opening balances for each account/fund/category. This is usually the balance of each account/fund/category at the CARES Act start of the fiscal or physical year. We’ll help you understand the basics of how to use a Chart of Accounts for your church and provide you …

Designing an Effective Chart of Accounts for Churches: CLA CliftonLarsonAllen Read More »

The investor’s advantage is that the issuer usually pays a call premium upon the redemption of the preferred issue, which compensates the investor for having to sell the shares. The company might choose to do this if they decide the interest rates they’re required to pay are too burdensome. The call price, the call date, …

Preferred Stock: Definition, Types, and vs Common Stock Read More »