Accounting Information


How To Read Financial Statements - Understanding Cash Flows


Cash flows , both inflows and outflows are the heartbeat of any business. Various groups of people focus on this. Lenders and investors, business managers and last but not the least, investors.

What Is GGAP And Why Is It So Important


GAAP is an acronym for generally accepted accounting principles. Financial statements are usually prepared in accordance with generally accepted accounting principles that have been codified over a period of time. It is the responsibility of the management to prepare the financial statements.

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.

Spend Your Profit on Your Business


Businesses go under or go bankrupt, because of poor management and poor mapped out goals. You need to have a clear set of daily goals. Management should be in charge of making sure each set of goals is achieved. If management falls behind, so does the business.

Check Out What A Cash Flow Statement Does Not Tell You


Cash flow statements alone do not tell you the whole story. Just knowing that cash has increased or decreased by X dollars does not tell us the whole story.

Why Conventional Financial Statements Do Not Answer All Questions


An integrated understanding all of all the three components of a financial statement - Income statement, Balance sheet and a Cash flow statement is required to understand the operations of any business.

See Your Business Excel With Accounting Help


A known fact in the corporate or the business world is that the accountancy department of any firm or organization is the most vital department. When a business is set up, the person setting up the business thinks about the profits that the firm might make in the future.

Bookkeeping


Bookkeeping is an essential skill which must be mastered before running a business of your own. It is not only important for tax returns and calculating the overall tax liability of your business each year, but it is also imperative for cash flow analysis and financial forecasting.

How to Choose the Right Accounting Software for Your Business


With any good luck and a good amount of hard work, you're having the same problem many business owners today are facing. Your business is growing rapidly and you're having problems controlling your finances. Time and time again, that Microsoft Excel spreadsheet you've been using just isn't getting the job done for you.

Four Simple Steps To Better Results With Your Resume


Is every job description you read the same? No.

Five Reasons to Incorporate a Company Offshore


When it comes to the term 'offshore' used in conjunction with company incorporation, the term 'offshore' generally refers to any jurisdiction other than one in which the company incorporated will conduct the majority of its activities.

Five Leadership Secrets for Challenging Times


We consistently face new and ever growing challenges in the workplace such as reorganizing, downsizing, and "left out sizing." We are faced with the question, "How do we lead in this storm of change?" It may seem difficult at times and the decisions we make define our short-term and long-term outcomes. I will share with you five leadership techniques guaranteed to keep you on track during these difficult times.

Explode Your Consulting Income


Here are just a few ways to increase and diversify your income from your consulting business.

Do You Think That Your Workload Is Hampering Your Killer Marketing Activities?


You need an extra effort not the extra workload. Today when competition is high and consumers have many options to choose, an extra effort towards improvement of your product, managing your customers and taking care of other aspects of your business will give you advantage over your competition. You need to multiply your time may be you can keep your margin low, but will give you more volume and increase in your turnover.

Do You Need Accounting Software For Your Small Business


If you're anything like me then you dislike with a vengeance doing your accounts and taxes.


More Resources


04/25/2024
MicroStrategy's Accounting Problem For Bitcoin Poses Profit Conundrum - Analyst Lays Out Answers
Analyst reaffirms Buy for MSTR with $1875 target. Company's bitcoin strategy led to 10x stock increase, but ASC 350 caused impairment losses.


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04/25/2024
Top 7 Reasons Why People Are Leaving Accounting Firms, According to PICPA
The Pennsylvania Institute of CPAs shares fresh data and insights on how accounting firms can better retain top talent.


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04/25/2024
This Week in B2B: Enterprise Metaverses, AI Accountants, Virtual Cards
B2B innovation continues to grow, including the advent of the artificial intelligence accountant and the increasing use of virtual cards.


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04/25/2024
Which generative AI model did best on the CPA Exam?
A recent experiment tested different generative AI models against each other on the CPA Exam and found they each have their own strengths and weaknesses.


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04/25/2024
Tax reporting transparency reaches a tipping point
Regulators, investors and the public are demanding ever greater tax transparency, and companies must navigate evolving, complex reporting requirements around the globe.


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04/25/2024
FreshBooks to Add Latest Stripe Connect Features to Accounting Software
FreshBooks will add a payment solution with the latest Stripe Connect features to its accounting software for SMBs and accountants.


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04/25/2024
Global Rulemaker to Let Companies Determine Net Zero Disclosures
A global standard-setter decided Thursday to let companies decide on their own when they should report the cost of their commitments to achieve net zero carbon emissions, rather than introducing specific requirements.


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04/25/2024
What disclosures do the Fortune 500 put in their annual reports?
Companies are increasingly prioritizing cybersecurity, executive compensation clawbacks and more.


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04/25/2024
MicroStrategy could see $3 billion earnings boost if it adopts new accounting rules: Benchmark
MicroStrategy could boost its earnings by over $3 billion if it chooses to adopt new accounting rules, according to Benchmark.


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04/25/2024
A holistic solution to accounting's retention problem
Firms must transform their business models to afford the cost of multilayered retention strategies, a new report by the Pennsylvania Institute of CPAs says.


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04/25/2024
Northern Trust Upgrades Cloud-Based Insurance Accounting and Analytics Application
CHICAGO, April 25, 2024--Northern Trust is enhancing investment accounting and regulatory reporting needs for U.S. insurance companies and corporate and endowment plans.


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04/25/2024
SAH announces Maira Mota as the agency’s new accounting technician
Mota, Maira SubmittedOriginally from Texas and living in Salina for ov


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04/25/2024
MicroStrategy Could Merit S&P 500 Inclusion If It Adopts New Accounting Rules: Benchmark
Early adoption of new accounting standards means the company could report a gain of more than $300 per share for the first quarter and meet the remaining requirement for index inclusion, the report said.


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04/25/2024
Carbon Accounting Software Now Available on Intuit QuickBooks
Greenly, a leading provider of carbon accounting solutions, announced the availability of its software on the Intuit QuickBooks App Store.


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04/25/2024
Be Sure to Invite Greg From Accounting When you Hit the Patio Friday Afternoon
Weather ForecastTemperatureChance PrecipTodayMostly cloudy – becoming partly sunny at times Wind: S 20-35 km/h diminishingHigh: 21°20%TonightPartly cloudy Wind: NW 10-20 km/hLow: 6°10%FridayMostly sunny Wind: N-NE increasing to 20-35 km/hHigh: 18°0%Friday NightPartly cloudy Wind: NE 15-30 km


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04/25/2024
Crypto liquidations cross $210m with longs accounting for 85%
The crypto market witnesses $210 million in liquidations over 24 hours, with long positions accounting for 85%


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04/25/2024
Sweden: Proposal to abolish requirement to keep accounting materials in hard copy
On 22 May 2024, the Swedish Parliament is expected to vote on a proposal to remove the requirement to retain original hard copy accounting materials. The bill, published on 29 February 2024, proposes that hard copy accounting materials, which have been duly saved digitally, no longer have to be kept in hard copy. The amendments are proposed to enter into effect on 1 July 2024.


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04/25/2024
BDOCS accounting officer takes stand in Murphy vs Munroe trial
Bahamas Latest News


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04/25/2024
RBI Plans Curbs On Suspect Bank Accounts To Fight Cyber Fraud: Report
India's central bank plans to soon change guidelines to permit banks to temporarily freeze accounts suspected of being used to commit cyber crimes, as it battles a rising wave of online crime, three sources told Reuters.


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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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04/25/2024
Crypto Trends in Corporate Holdings: Accounting & Compliance Essentials
As we delve into the trends and challenges of cryptocurrency in corporate holdings, we uncover a world where the future of finance is being rewritten.


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04/25/2024
Boeing Needs Another Accountant As CEO, Says Ryanair CEO
Ryanair’s CEO has some advice for Boeing, and it flies in the face of a lot of the analysis blaming the company’s woes on its shift to a cost-cutting, stock dividend-oriented business. “The best CEOs and owners are the accountants, the people who do the boring, repetitive, day-to-day delivery, and that’s what you need,” Michael […]


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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. And U.S. senators on Wednesday were demanding an accounting of the


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