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What should a CFO report to CEO?

Chief Financial Officer (CFO): Also reporting directly to the CEO, the CFO is responsible for analyzing and reviewing financial data, reporting financial ...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Does opening a CC hurt your credit?

Opening a new credit card can temporarily ding your credit score. When a card issuer looks at your credit information because you’ve applied for a credit ...

What is a good reason to create a new company file in QuickBooks?

There are a few reasons why you might need to create a new company file: Your company changed from one business type to another (sole proprietorship to pa...

How long does it take for a stock to be vested?

Vesting Stock Explained Before stock is fully vested, it is considered vesting stock . Vesting is commonly tied to time, but can also be tied to certain m...

What is an online business system?

E-business systems are a set of online technologies, equipment and tools that a business uses to conduct business via the Internet. These systems help a c...

Can I get a loan if my credit is 530?

It is 170 points away from being a “good” credit score, which many people use as a benchmark, and 110 points from being “fair.” A 530 credit score won’t k...

Are CDs considered money market?

Money market accounts and certificates of deposit are types of federally insured savings accounts that earn interest. But their rates and ease of access d...

How many units are in a condominium building?

There are a huge number of variables in such a question. For one thing, condos come as older buildings which have been rehabilitated, as two-story homes, ...

Where does the 30, 000 cash go in a business?

The $30,000 cash was deposited in the new business account. Transaction analysis: The new corporation received $30,000 cash in exchange for ownership in c...

Do you have to pay taxes on a credit card settlement?

Legally, you must report all taxable income received — and this includes your debt settlement amount. You’ll have to pay not only the tax you owe, but als...