Articles

Most large businesses have a fully staffed accounting department, including a CFO and staff accountants, to perform basic accounting functions. Unfortunately, the majority of businesses cannot the cost of a complete accounting team. Thus, they hire a CFO and overpay them..

Amortization is a term that you will come across in the business and accounting world. Its definition can vary based on the context of its use. For instance, the amortization can mean paying off debt or a loan over a period..

From an accounting perspective, fixed assets – an item with a useful life greater than one reporting period, depreciated over time. Fixed assets are also known as capital assets and tangible assets. These are items that an organization purchases for long-term..

Double-entry accounting, also known as double-entry bookkeeping, is a set of accounting rules. It serves as the foundation of accounting rules across the globe. Double-entry is an accounting principle that ensures that the accounting equation remains balanced at all times. This..

How many hours do you spend on your books? Are you feeling overwhelmed? Or simply just do not have time to do it? Did you know that bookkeeping will give you time and money? While employing a bookkeeper may be a..

Getting on top of your taxes, whether personal or business, can relieve a lot of stress. In this article, we will give you a quick overview of common business taxes you will have to pay. Moreover, we will explain who has..

Acuity is a company that provides bookkeeping and accounting services for small businesses. Like many bookkeeping companies, it does it fully online, so you do not have to provide additional office space and incur other expenses to have an in-house bookkeeper..

Cash Flow Forecasting Explained Managing your cash flow and cash flow forecasting is so essential in a business. A cash flow forecast is a tool that businesses use to estimate cash inflows and cash or the movement of money into and..

Before you are considered a CPA, you need not only to study a lot, but also invest a significant amount of your finances. From applying to the exam to receiving your official CPA license, there are lots of fees involved. However,..