We spoke about it before, but audit busy season is one of the worst times of the year for auditors. Fortunately, there are quite a few ways to make audit …
Surviving Audit Busy Season: 21 Tips for an Easy Busy Season Read More »
Auditing busy season is infamous with audit. It gets its name because frankly, it’s the busiest time of the year will touch on. We’ll go over the audit busy season, …
Auditing Busy Season: When is it? (What is it?) Explained Read More »
Often thought of as the easiest business structure to set up, a sole proprietorship is indeed one type of business that you can start in a weekend. We’ll touch on …
Sole Proprietorship: How to Start One (Pros and Cons) Read More »
Accounting principles have specific revenue recognition standards to dictate when a business should record revenue from sales. Generally speaking, when a company receives cash from a customer, it’s a trigger …
Installment Method of Revenue Recognition (Explanation) Read More »
In the business world, the terms “accounting” and “bookkeeping” are often used interchangeably, as they both refer to financial record-keeping. However, there is a distinction between the two terms. An …
Do Accountants do Bookkeeping? The Not Ideal Truth Read More »
From an employer’s perspective, it’s not the same to hire a salary and hourly employee. It’s worth knowing the tax implications of salaried employees vs hourly employees before ramping up …
Salaried vs Hourly Employees: (Must Know) Tax Implications Read More »
Internal audit is an amazing job. You get to see tons of different parts of a business, travel a bit and the pay isn’t too bad, all things considered. We’re …
What Qualifications Do You Need to be an Internal Auditor? Read More »
When you are just starting out with accounting concepts, they may feel like a foreign language. To some people, accounting concepts come easy, but to others, it can really be …
How to Understand Accounting Concepts (Tips for Success) Read More »
Quickbooks and FreshBooks are undoubtedly two of the most popular online accounting software. Deciding between them can be tricky if you haven’t used both but fortunately, we have. We’re going …
QuickBooks Vs FreshBooks (Which is Right for You?) Read More »
You may know QuickBooks as a cloud-based accounting software. To be fair QuickBooks has an online and desktop version. The software has gained immense popularity among small business owners, bookkeepers …
What Are the Benefits of Using QuickBooks Online? 11 Reasons Read More »
