Business Valuation
Managerial accounting is the process of discovery that allows companies to obtain the most accurate financial view of their business to make educated decisions. It involves using tools and techniques to analyze financial information, including net margins and profit after taxes. This custom report is built using the balance sheet and profit and loss statement, and includes both static and dynamic line items.

Static line items include fixed costs or overhead costs necessary to run a business, which are easy to identify and address. Dynamic line items, however, are related to strategy and approach and reflect the success or failure of both. Keeping track of these dynamic line items and documenting the strategy and approach can help identify what's working in a business and allow for adjustments to what's not working.

Thomas Edison is a great example of the process of discovery that is at the heart of managerial accounting. Edison famously said, "I have not failed. I've just found 10,000 ways that won't work." This quote perfectly encapsulates the mindset needed to succeed in business. The dynamic part of business is discovery, and it requires a thoughtful and measured approach, rather than simply focusing on numbers and becoming frustrated when things don't work out.

The Molin Pure Profit Report is a unique tool that measures each client interaction individually and collectively, giving businesses a comprehensive view of their financial position. This report calculates net margins after taxes and allows for a customized approach to financial analysis that serves each company's needs. By using this report and embracing the process of discovery, businesses can make informed decisions and ultimately achieve financial success.

In order to determine the most accurate financial position of a company, managerial accounting is necessary. This type of accounting allows for a custom report using the balance sheet and profit and loss statement, giving financial analysts the ability to build a report that serves the company best. The Molin Pure Profit Report calculates net margins after taxes, measuring each client interaction individually and collectively. This report is made up of both static and dynamic line items, with static line items being fixed costs and dynamic line items being related to strategy and approach. Documenting the success or failure of dynamic line items allows for adjustments to be made, providing a thoughtful and measured approach to business. This process of discovery is embodied by Thomas Edison's quote, "I have not failed. I've just found 10,000 ways that won't work."