Accounting Information


Earn more with the help of small business accounting


Handling accounts of any business is a Herculean task and requires quite a lot of expertise on the part of any accountant or bookkeeper. Due to the lack of time and hurry, many big or small organizations are approaching small business accounting firms, as these are more capable and also offer perfect solutions to any firm’s accounting woes.

Trust the Services of Bookkeeping


Running a successful business is no longer a child’s play. Through ages, it has been seen that many people start off with a new business only to shut it down later. This happens only because the proprietor of the business fails to manage the business efficiently and therefore, misses his or her hold on the business.

Earn Huge Profits with the Help of Accountant


Any business, irrespective of its size, wants to earn more profits while curbing or eliminating losses that it has been incurring due to the negligence or shortage of an accountant or a bookkeeper.

Small Business Bookkeeping is a good way to maintain records


Running a business is not a child’s play. Moreover, managing small business bookkeeping is again a Herculean task. We all are very well aware of the fact that managing and maintaining financial records consume lots of time and personnel resources.

Bookkeeping Help Makes Your Bookkeeping Convenient


Do you find accounting the toughest job to handle of all the aspects of your business? Searching for help is the best way to lighten your burden.By bookkeeping help, you can shed-off the excess workload on the bookkeeping firm as they will manage and record your accounting and financial activities.

Bookkeeping Outsourcing helps a business to strategize its growth


A business has many divisions which all add up to its growth and profits. One of the most crucial ones would be the finance division that maintains a detailed account of each and every transaction that takes place during the day to day working of the business.

Surviving an IRS Audit with Minimal Loss


Receiving a Notice of Audit from the IRS is just the beginning of a stressful, worrisome, and possibly even fearful, situation. While you may feel like panicking, that's the last thing you should do!

Starting a New Business? Here are the Accounting Decisions You Need to Make


Starting a new business is exciting, but in that excitement are a lot of decisions to be made.

Account Management - How to Manage Accounts to Maximize Sales


Congratulations! You successfully sold one or more of your company's products or services to a business unit, department, or division of a large organization.

Safeguarding Tax and Financial Records


The IRS recently published a newswire urging people to safeguard their records. IRS Acting Commissioner, Kevin M. Brown stated, "With forecasts calling for an active Atlantic hurricane season, the IRS encourages taxpayers to protect tax and financial documents that can be hard to replace. "

Retail Accounting - Get A Professional Approach


Retail shop is the place, which keeps on doing business activities from the moment of opening until closing. Due to fast business activities and instant transactions, it becomes very difficult to monitor and maintain all transaction.

Small Business Accounting Services Simplifies Your Business Processes


Any business irrespective of size has different requirements and business strategies for the management of its businesses. Whether it is a small, medium or a large scale business, its sole purpose is to make more profits and less losses.

Account Management - How to Manage Accounts to Maximize Sales


Congratulations! You successfully sold one or more of your company's products or services to a business unit, department, or division of a large organization. Now your manager has tasked you with "account management". If you are not already familiar with account management, you are probably asking yourself the following questions...

Optimizing Your Cash Flow With Proper Accounts Receivable Management


Profitable businesses often struggle with cash flow due to poor accounts receivable management strategies. Included in this article are some practices and advice which businesses may employ to maintain a healthy receivables portfolio and optimize their cash flow.

7 Things to Consider Before Buying Small Business Accounting Software


The world of small business accounting software can be a minefield for any business owner. However choosing the right package is one of the most critical business decisions you will make.

Small Business Accounting 101


If you are in business, then guess what you are either an accountant by default or you need to hire one. Why? People ask that question while letting the year roll by until taxes come due. Oh no! Why do I have penalties? Simple, you are not an accountant and you should have hired on. So the first rule of business accounting is to hire one if you are not one.

Business Accounting Software


Accounting is a system of collecting, summarizing, analyzing and reporting, in monetary terms, information about an organization. The end product of business accounting software is the financial statements consisting of the balance sheet, profit and loss account, and statement of changes in financial position. These statements are, therefore, the source of information on the basis of which conclusions can be drawn regarding the operations of a firm. The analysis and interpretation of financial statements would depend upon the nature and type of information available.

Free Small Business Accounting Software


Free small business accounting software primarily focuses on assets. Assets may be described as valuable resources owned by a business, which were acquired at a measurable money cost. As an economic resource, they satisfy three requirements. In the first place, the resource must be valuable. A resource is valuable if it is cash/ convertible into cash; or it can provide future benefits to the operations of the firm. Secondly, the resource must be owned. Mere possession or control of a resource would not constitute an asset; it must be owned in the legal sense of the term. Finally, the resource must be acquired at a measurable money cost. In cases in which an asset is not acquired for cash or a promise to pay cash, the question is what it would have cost had cash been paid for it.

Small Business Accounting Software Reviews


Small business accounting software reviews mainly focus on contents of profit and loss account. It is also known by several other titles such as income statement, statement of earnings, statement of operations and profit and loss statement. While the balance sheet, as a stock/position statement, reveals the financial condition of a business at a particular point of time, the profit and loss account portrays, as a flow statement, the operations over/during a particular period of time. The period of time is an accounting period.

Shared Electronic Medical Billing Knowledge Base For Improved Control, Compliance, And Performance


A new industry of high-technology medical billing has mushroomed under the auspices of its promise to streamline the collections process and leave doctors with more time to care for their patients. Though many high-quality services and systems exist, an overwhelming variety of options and attractive (yet unsubstantiated) performance claims from some providers have charmed busy doctors into making poor strategic decisions for their practices. Collaborative billing knowledge base improves medical practice profitability and compliance.

Best Business Accounting Software


When talking about the best business accounting software, you must first know the relationship between finance and accounting. Conceptually speaking, they are closely related to the extent that accounting is an important input in financial decision making and there are key differences in viewpoints between them. Accounting is a necessary input into finance. That is, accounting is a sub-function of finance.

Small Business Accounting Software


Your business, no matter how small, needs an effective accounting management system to sustain its day-to-day viability and establish its long-term financial goals.

QuickBooks - Invoices vs Sales Receipts - What's the Difference?


Invoices and Sales Receipts do not serve the same function in QuickBooks. Learn how to decide which is right for your business.

Accounting Outsourcing Services - Get Focused On Highly Profitable Ventures


Business owners of booming business organizations know that in order to make their business successful, a great deal of time, endeavor and wherewithal needed to accomplish all day to day tasks. Every task from marketing and sales to financial record keeping must go well as each section is essential for success of business.


More Resources


04/25/2024
From accountant to insurance salesperson
Annflorence Makanga is an Agency Manager at Kenya Orient Life Assurance Limited. She is also an Associate Insurance Institute of Kenya (AIIK) Finalist with the College of Insurance.


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04/24/2024
Bill attempting to clarify Arkansas accounting, budgetary law fails in legislature
A lawmaker’s effort to address a state law violation stemming from the purchase of a lectern by Governor Sarah Huckabee Sanders’ office has failed.


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04/24/2024
Senators demand accounting of rapid closure plan for California prison where women were abused
LOS ANGELES (AP) — Nearly all inmates have been transferred out of a troubled women's prison set to be shut down in California, and U.S. senators on Wednesday demanded an accounting of the rapid closure plan for the facility where sexual abuse by guards was rampant.


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04/24/2024
Senators demand accounting of rapid closure plan for California prison where women were abused
Nearly all inmates have been transferred out of a troubled women’s prison set to be shut down in California


more info


04/24/2024
Senators demand accounting of rapid closure plan for California prison where women were abused
LOS ANGELES (AP) — Nearly all inmates have been transferred out of a troubled women’s prison set to be shut down in California, and U.S. senators on Wednesday demanded an accounting of the ra…


more info


04/24/2024
Senators demand accounting of rapid closure plan for California prison where women were abused
Nearly all inmates have been transferred out of a troubled women’s prison set to be shut down in California.


more info


04/24/2024
Senators demand accounting of rapid closure plan for California prison where women were abused
LOS ANGELES (AP) — Nearly all inmates have been transferred out of a troubled women’s prison set to be shut down in California, and U.S. senators on Wednesday demanded an accounting of the ra…


more info


04/24/2024
Senators demand accounting of rapid closure plan for California prison where women were abused
Nearly all inmates have been transferred out of a troubled women's prison set to be shut down in California, and U.S. senators on Wednesday demanded an accounting of the rapid closure plan for the facility where sexual abuse by guards was rampant. As of Tuesday only “a small group” of women were still being held at FCI Dublin, with the majority of its 605 inmates having been sent this week to other federal facilities, said Donald Murphy, a spokesperson for the Bureau of Prisons, or BOP. The unspecified number who remained at the minimum security prison near Oakland were pending release or transfer to halfway houses, he said.


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04/24/2024
Harrison (West Virginia) commissioners' argument leads to disclosure of $2 million in additional funding after accounting error found
CLARKSBURG, W.Va. (WV News) — Bickering between commissioners at the Harrison County General Services Annex Building led to a public disclosure that the county will have access to about $2


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04/24/2024
Bill attempting to clarify Arkansas accounting and budgetary law following lectern audit fails in legislature
One week after a legislative audit stated Gov. Sarah Huckabee Sanders’ office was in potential violation of state law over a $19,000 lectern purchase, a lawmaker tried to take action.


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04/24/2024
IRS Appeals forms new resolution office
The IRS has long offered alternative dispute resolution, but says use has declined in recent years, and it hopes to make it more attractive and accessible.


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04/24/2024
Kansas accountant accused of embezzling money to build house
A Colby accountant has been accused of defrauding his clients.


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04/24/2024
Number of the Day: 52.2
That number is the average age of a public accounting firm partner, down from 52.6 last year, according to INSIDE Public Accounting.


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04/24/2024
Clients' strangest ideas about taxes
Turns out clients are as mistaken about tax preparers as they are about taxes.


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04/24/2024
Practice Profile: Daydreamers and envelope-pushers
Lindsay Stevenson's transformation team drives innovation for Top 50 Firm BPM


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04/24/2024
Partnering with the right AI-powered technology
Find a technology provider that is committed to safety, security, and privacy in the design, development, and deployment of AI products and services.


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04/24/2024
TIGTA helps uncover $3.5B tax scheme
Its investigators identified a scheme to improperly claim COVID relief tax credits.


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04/24/2024
RCC student Maryellen Meaut ‘accounting’ for the future
LUMBERTON — According to Forbes magazine, the secret to keeping a family business running for generations to come is for the business to “decide who will be making the decisions for the organization…


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04/24/2024
Thomson Reuters adds generative AI tax research to Checkpoint Edge
Thomson Reuters announced the release of CoCounsel, a generative solution within Checkpoint Edge meant to help tax professionals with complex research.


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04/24/2024
Accountant accused of embezzling $800K from Richmond paving company


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04/24/2024
AICPA Launches Registered Apprenticeship for Finance Business Partners Program in Florida
The program’s growth into Florida continues the rapid advancement of the Registered Apprenticeship for Finance Business Partners.


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04/24/2024
Accounting standard setter to develop climate examples for financial reporting
The decision comes after a recent intervention by the EU financial stability watchdog.


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04/24/2024
Gaps need filling in IRS clinic coverage
$28 million in grants are available for Low Income Taxpayer Clinics, with a particular emphasis on states and counties that aren't currently covered.


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04/24/2024
Technological transformation: Be mindful, purposeful, and flexible
Firms need to adapt to changes in technology at a pace that makes sense for them and their clients.


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04/24/2024
Maybe you shouldn't start a podcast
Podcasting is the new blogging. Everyone's doing it, and you should, too, right? Not so fast.


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Earn More With The Help Of Small Business Accounting
Handling accounts of any business is a Herculean task and requires quite a lot of expertise on the part of any accountant or bookkeeper. Due to the lack of time and hurry, many big or small organizations are approaching small business accounting firms, as these are more capable and also offer perfect solutions to any firm's accounting woes.
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