As an accountant, you prepare three primary financial statements representing a business. The income statement reports the profit-making activities and bottom-line profits or losses generated by your company over specified periods. The balance sheet is…
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What Kind of Life Insurance Do I Need?
No one likes thinking about life insurance, but purchasing a policy means your loved ones will not find themselves in a difficult financial situation if you die unexpectedly. The last thing anyone wants is for…
What is Personal Accounting – Crucial Things You Need To Know
What Is Personal Accounting? As an entrepreneur, you need to keep score – not only for your business – but for yourself. Personal accounting is the accounting and bookkeeping you do for your finances and…
6 Things That Will Screw You Out Of Unemployment Insurance Payments
If you suddenly find yourself without a job, don’t worry! You may be eligible to receive unemployment benefits. Most people believe you’re ineligible for these payments if you quit your job, but this is not…
Bookkeeping Basics
What’s The Difference Between Accounting and Bookkeeping? It is a common misconception that bookkeeping and accounting are the same things. While they both have to do with finances, one function of an accountant’s job is…
Dress For Success
Dress the Part Like many job seekers, you may think that looking good on paper is all it takes to get hired – especially with Internet applications becoming the norm. However, your appearance in person…
Managing Volunteers – Herding Cats In One Easy Lesson!
Volunteering can be a gratifying experience for individuals and the communities they serve. You can make the most of their contributions by managing your volunteers well! What is a volunteer, and what are their responsibilities?…
CPA or Controller – What’s The Difference?
CPA or Controller? Do you need a CPA or a controller? Accounting is a common occupation for those who want to use mathematical skills. There are many career paths within this profession, ranging from entry-level…
Don’t Die With Regrets!
Pondering the end of your life’s journey no doubt brings forth all kinds of feelings: fear, denial, sadness, and regret. When we die, the world will go on. No matter what you believe about life…
What is Bookkeeping?
What Is Bookkeeping? In a nutshell: What does a bookkeeper do? They work all day long and ensure the company’s finances are balanced by balancing budgets, recording transactions, and analyzing cash flows. The accounting department…