Accounting 101

Two types of accounting that new accountants will come across are single-entry bookkeeping and double-entry bookkeeping. Often these are referred to as single-entry accounting and double-entry accounting as well. We’re […]

The matching principle in accounting is one of the basic fundamental principles in Generally Accepted Accounting Principles (“GAAP”).  Adhering to the matching principle is key to complying with GAAP. We’re

So you are diving a bit more into finance and finally need to learn to read a P&L statement? Profit and loss statements, also called income statements are one of

Accounting Basics Journal entries are one area in beginner accounting that give most students a bit of trickiness. They require students to tie together everything we have learned so far

Accounting Basics We’ve covered debits, credits, the basic accounting equation and accounts but we need to go further into accounts. In accounting, it is essential to understand the normal balance

Welcome to Introduction to Accounting! This course is designed to provide you with a comprehensive introduction to the fundamental principles of accounting. No prior experience is needed and it’s actually

Fixed assets need to be depreciated after their acquisition in order to reflect the usage and the wear and tear of the asset over time. There exist many ways to

Whether you’re an accountant working for a company or a business owner, there’s many accounting concepts that you need to retain. Amortization is one of the topics you should master

abacus

Accountants will often use terms like fair value or book value for valuations. These are also terms used in the finance world. Fair value and book value are different aspects