Bookkeeping

Even if you’re not required to do one or both of these steps, it’s in your best interest to get both in most cases. Some types of small business insurance…

A separate practice known as managerial accounting refers to the discipline of record-keeping with an eye towards budgeting and performance measurement, typically conducted by managers. Constraint analysis helps companies run…

The accounting method under which revenues are recognized on the income statement when they are earned (rather than when the cash is received). Financial accounting represents just one sector in…

Serve your clients’ accounting, bookkeeping, and financial needs more efficiently with accounting and auditing software solutions. Our accounting and bookkeeping processes can reduce our clients’ monthly workload by 20%-30%, depending…

Those companies buy back and retire shares, instead of holding them in the treasury. Overall, the number of shares outstanding, the metrics you can calculate from it, and related metrics…

This typically occurs during busy financial periods, such as month-end or year-end closings, when there is a higher volume of financial transactions to process and analyze. Another essential qualification for…

For instance, sales revenue would record the income from goods sold, and wages expense would track the payments made to employees. These accounts are pivotal in determining a company’s net…

Notice on the ledger at the right below that each time the end-of-year adjusting entry is posted, the credit balance of the Premium on Bonds Payable decreases. As a result,…

C corporations are the most common type and are subject to corporate income tax on their profits. S corporations, on the other hand, are pass-through entities, meaning that profits and…

If a firm consistently increases its book value per share, it might signify prudent management and a financially healthy company. On the contrary, a decreasing book value per share might…