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Farwah Jafri
November 16, 2022
Before the advent of accounting software, all the financial statements and accounting tasks were managed manually. The process was called the accounting cycle. The most vital […]
November 10, 2022
Double declining balance depreciation – an easy way to save money with regard to your business expenses. The double declining balance method helps your asset’s value depreciate less […]
November 3, 2022
Depreciation is a process that defines the gradual decrease of the cost of a fixed asset over a period of time while it is in use. […]
October 27, 2022
Pro forma is a Latin term which means “for form.” In short, the pro forma financial statements are the “what-if” statement generators. They allow you to […]
October 21, 2022
California houses about 4 million small businesses, which ultimately employ over 7 million people. Small enterprises have taken over the State of California, making up about […]
October 20, 2022
“Accounting is a tool to get to what clients really need: advice on all affairs directly and indirectly related to financials.” – Marc Rosenberg This quote […]
October 14, 2022
It is very crucial to measure the financial performance of your business especially when you have to manage your expenses and scale the profitability as well. […]
October 6, 2022
The concept of outsourcing is very straightforward. According to the dictionary, it means “contracting a segment of work that a company needs to perform on a […]
September 23, 2022
“Capital isn’t this pile of money sitting somewhere; it’s an accounting construct.” Accounting has always been a key part of a business. But it’s a fact […]