What Is Profit? Profit is one of the many terms you’re going to hear when it comes to running a business. It’s important for everyone who has an interest in owning or working at their own place, no matter what they sell or do where that may be READ MORE HERE!
CPA or Controller? Do you need a CPA or a controller? The accounting field is a common occupation for those who want to use their mathematical skills. There are many different career paths within this profession, ranging from entry-level bookkeeping to Chief Financial Officer of a company; however, it’s important that one has the necessary […]
What Is Bookkeeping? In a nutshell: What does a bookkeeper do? They work all day long and make sure that the company’s finances are balanced by balancing budgets, recording transactions, analyzing cash flows. The accounting department also calculates important metrics like gross margin or net profit for your business. Although their jobs might seem dry […]
Following GAAP and knowing the rules and their proper application will help make your financial statements useful and keep you out of hot water as well. If you are looking for bite-sized chunks of accounting – given for the business owner by the business owner, this is the right spot! Why Does It Matter To […]
From the time we’re children, most of us learn to count. In turn, we start saving and spending money as adults to balance our checkbooks and improve our lives! No business, small or large, can avoid accounting basics. The accounting process is important for any business. Accounting Basics – What You Need To Know – […]