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
China beefing up statistics, accounting laws to stamp out ‘rampant’ fraud
China is reviewing amendments to laws governing statistics and accounting, with Beijing eager to clamp down on inflated or manipulated economic statistics and uphold rules in the world’s second-largest financial market.


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04/25/2024
Senators introduce bill to simplify IRS notices
Sen. Bill Cassidy, R-Louisiana, and Elizabeth Warren, D-Massachusetts, teamed up to introduce legislation aimed at making math error notices from the Internal Revenue Service easier to understand.


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04/25/2024
PIPCA Survey Sheds Light on What Existing CPAs Want and Why Some are Leaving
Accounting firm business models need to change to retain and attract CPAs amid the worst talent shortage in recent history, the Pennsylvania Institute of Certified Public Accountants (PICPA) asserts in a new survey. The report, “CPA Talent Retention 2024: Keeping Your Best Performers,” delves into why entry- and mid-level CPAs are exiting the profession and […]


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04/25/2024
Accounting Standard-Setters Name Two New Investor Panel Members
US accounting standard-setters on Thursday announced two new members of their investor advisory committee.


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04/25/2024
Accounting MOVE Project Mini Summit Promises Compelling Speakers and Timely Topics
This event is ideal for partners, firm administrators, HR professionals, and virtually anyone who works for an accounting firm and is interested in enhancing gender diversity and promoting equal opportunities and inclusive cultures.


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04/25/2024
Defense POW/MIA Accounting Agency director speaks at AFCLC seminar
Air University in Montgomery welcomed a very special guest to speak at the AFCLC seminar


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04/25/2024
MicroStrategy's Accounting Problem For Bitcoin Poses Profit Conundrum - Analyst Lays Out Answers
Benchmark analyst Mark Palmer reiterated MicroStrategy Inc NASDAQ:MSTR with a Buy and a $1875 price target.Since adopting its bitcoin acquisition strategy in August 2020, MicroStrategy has seen its share price increase by more than 10x, a performance that during that span significantly outpaced the…


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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
The accountant’s guide to state taxes on retirement income
Explore state-specific retirement taxes, including 401(k) withdrawals, states that don't tax retirement income, and tax-friendly states for retirees.


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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
Backpack Battles hits 640k copies sold in first month, with China accounting for nearly half of total
Backpack Battles has become one of the surprise indie hits of 2024. In its first month, the inventory management auto battler reached an impressive milestone of 640k units sold on Steam.


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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
Accounting Firm Renews Lease at Causeway Plaza
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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
Bring in more CAS clients with SEO
Optimizing your presence online can maximize the reach of your client advisory services practice — and all your other practices, as well.


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04/25/2024
SAH announces Maira Mota as the agency’s new accounting technician
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04/25/2024
MicroStrategy Could Merit S&P 500 Inclusion If It Adopts New Accounting Rules: Benchmark
MicroStrategy could boost earnings by over $3 billion if it chooses to adopt new standards, the report said. Benchmark said if the company reports positive earnings it meets the final condition for S&P 500 inclusion. This would boost MicroStrategy’s valuation as index funds would be forced to buy the stock, the broker said.


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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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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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