Category Archives: Bookkeeping

The Accountant Who Changed The World : Planet Money : NPR

Content What Is the Disadvantage of the Double-Entry Accounting System? Rules Of Double Entry System Understanding Double Entry Advantages Of Double Entry System Double-Entry Accounting Explained The system is designed to keep accounts in balance, reduce the possibility of error, and help you produce accurate financial statements. True to its name, double-entry accounting is a […]

Operating Cycle Learn How to Calculate the Operating Cycle

Content How To The Calculate Cash Conversion Cycle Operating Cycle vs. Cash Conversion Cycle How to Calculate Operating Cycles in Accounting Cash Conversion Cycle Example The Formula for the Cash Conversion Cycle (CCC) Conceptually, the operating cycle measures the time it takes a company on average to purchase inventory, sell the finished inventory, and collect […]

AICPA Helping CPAs Earn PhD in Accounting

Content Step 1: Earn a Bachelor’s Degree in Accounting Select PhD in Accounting Programs Contribute original research to the accounting field. AICPA Scholarship for Future CPAs Accounting headlines, straight to your inbox. J.M. Tull School of Accounting Diverse faculty attracts diverse students However, individuals considering online learning should weigh certain factors. These include their learning […]

How to Make Your Small Business a Large Business

Contents: Increase customer base Which Are The Easiest Businesses To Run From Home? Proven Tips to Help Expand Your Business Adding new products and services Then, use that information to set up marketing systems that will convert them into repeat customers. Although it might not elicit immediate growth, researching your competitors is one of the […]

Cash and Cash Equivalents Financial Accounting

Content Advantages and Disadvantages of Cash Equivalents 5 Cash, cash equivalents, and restricted cash Save for Investment Opportunities Purpose of Cash and Cash Equivalents Cash vs. Cash Equivalents How are cash and cash equivalents calculated? IAS plus At Finance Strategists, we partner with financial experts to ensure the accuracy of our financial content. Essentially, it […]

Accrual Accounting vs Cash Basis Accounting: What’s the Difference?

Content What is an Adjusting Journal Entry? What it means to “record transactions” Is it better to file taxes on an accrual or cash basis? Benefits of accrual accounting The difference between cash and accrual Form 3115 cash to accrual How to Change from Cash to Accrual in Xero For example, insurance is often a […]

Best project accounting software for architects see all the options

Content Make a Payment Thousand Oaks CPA Firm 805-379-4869 Financial management Customizing An Accounting & Tax Planning Strategy For Your Architecture Firm Then and Now – Architectural Design or Accounting amazing architecture insta-accounts that you really need to be following Projects “We consider competitions as a challenge to improve our creativity, a chance to get […]

Accounting Cycle 8 Steps in the Accounting Cycle, Diagram, Guide

Content You must cCreate an account to continue watching General Ledger The accounting cycle’s 8 steps Chapter 1: Welcome to the World of Accounting What are Adjusting Entries The Post-closing Trial Balance The Post-Closing Trial Balance It’s probably the biggest reason we go through all the trouble of the first five accounting cycle steps. Once you’ve […]

Answered: The adjusting entry to record the

Content Prepaid Expenses Adjusting Entries Accounting for Prepaid Insurance Journal Entries for Prepaid Expenses Asset and Expense How does an organization keep track of prepaid expenses? 3: Adjusting Entries ➢Describe the difference between the prepaid insurance journal entry basis and accrual basis of accounting. After opening its retail location, Johnny’s Mattress Emporium also needs commercial […]