WFY would like to welcome three new additions to our audit department this month. We are thrilled to welcome this group of people to our team! John Tran This month, John Tran recently joined Wright Ford Young & Co. as an Audit Staff member and is beginning his career in public accounting. He graduated from California State University, Long Beach with a Bachelor’s degree in Accounting and is excited to gain hands-on experience in the profession. John plans to pursue his CPA license as soon as possible and is looking forward to continuing his professional development. Outside of work, he
Read More
Monthly Archives June 2026
Cash Flow Management: The Lifeline of a Successful Business
While profitability often receives the most attention, cash flow is what keeps a business operating day to day. A company can report strong revenues and healthy profits on paper, yet still face financial challenges if cash is not available when needed. Effective cash flow management is one of the most important responsibilities of business owners and leadership teams, particularly in today’s evolving economic environment. Understanding Cash Flow Cash flow represents the movement of money into and out of a business. Positive cash flow occurs when incoming cash exceeds outgoing expenses, while negative cash flow occurs when expenses outpace available cash.
Read More