Category: Bookkeeping

The most significant disadvantage of ABC is that it can take a lot of time and effort to set up. You must set up the

The school voucher question in the United States also received a considerable amount of judicial review in the early 2000s. Finance Strategists is a leading

No matter your status, Ellis recommends hiring a certified public accountant to make sure you are not missing anything. “Another bonus … is their fees

For single-person or very small photography businesses, we recommend FreeAgent as the best cloud accounts package. If your photo studio or agency is larger, employing

These companies are in something of a quandary because they need the expertise of a CFO in order to grow, but they can’t afford to

For many organizations rent is a significant expense incurred to support their business. Sometimes it is for buildings, warehouses, and offices occupied by the organization.

But adapting the financial accounting model to federal budgeting raises other issues involving questions of implementation, measurement, and control. Capital expenditures in the federal budget

For financial-reporting purposes, there are very strict limits for capitalizing maintenance and repair costs. Repairs have to significantly increase the utility or the useful life

The balance of the principal or interest owed on the loan would be considered a long-term liability. While you probably know that liabilities represent debts

So do you have the “authority to make […] independent choice[s], free from immediate direction or supervision”? If so, you may fall into one of