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Farwah Jafri
December 9, 2022
“Startups don’t fail because they lack a product; they fail because they lack customers and a profitable business model.” -Steve Blank Profitability models matter regardless of […]
December 7, 2022
Depreciation is a devaluation of an asset over a period of time. Your tangible assets like equipment, vehicles, building, furniture, and machinery are all examples of […]
November 20, 2022
As per Self Financial, a financial technology company, Americans pay on average $525,037 each in taxes over a lifetime? Out of which about 65% is the […]
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 […]