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November 17, 2022
Knowing the right questions to ask an accountant can put you at an advantage, whether you are an owner of a business or planning to start […]
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 11, 2022
A CPA (Certified Public Accountant) is considered one of the most vital professionals to business owners. Besides helping in financial jobs, a CPA also helps file […]
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. […]
November 2, 2022
Journals are known as the backbone of accounting. They are the records of the financial operations of the business. These entries can be recorded manually or […]
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
Running a business is an overwhelming job! If the money is limited it becomes more difficult. Cash flow problems can convert into a big fiasco if […]
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 […]