The Art of Crafting a WIP Report Infographic
This helps you better understand how to enhance future reports and ensures that everyone is on the same page. The solution begins with a standardized progress report system to easily collect and distr...
Virtual Bookkeeping: How to Hire the Best Bookkeeper Online Bench Accounting
Data entry is essential, but it isn’t most employees’ area of expertise. When in-house staff get bogged down with manual updates, it takes time away from their core work. VAs can stay on top of your d...
Recording Transactions In Accounting, Simply Explained With Examples
The double-entry system is based on the accounting equation, which states that assets must always equal liabilities plus equity. This equation is the basis for all accounting transactions, and it must...
Periodic Inventory System a Simple Example with Journal Entries
Inventory reserves are part of inventory accounting in generally accepted accounting principles (GAAP). It can be used in almost all inventory valuation methods, including first-in, first-out (FIFO), ...
Private or Public? Which Accounting Career Path Is Right for You?
Are you passionate about helping government agencies operate more efficiently so that they can provide better service to the people and communities who depend on them? Consider becoming a CPA or accou...
Flexible Budget in Accounting: Definition, Examples & Creation
It also helps business leaders make very important investment decisions, manage and meet goals and objectives, and identify any financial hurdles that come their way. Unless you’re on a very tight bud...
The Best Guide to Bookkeeping for Nonprofits: How to Succeed Foundation Group®
The average yearly salary of a nonprofit bookkeeper in the US is $62,587, depending on experience and the organization’s size. If your nonprofit is ever involved in a legal dispute of any kind, board...
Management accounting news and resources
A survey shed light on the mood, and the AICPA offered advice for managing financial stress as part of National Financial Literacy Month. Several states, in response to talent pipeline challenges, are...
1-800Accountant Review: Features & Pricing
The Tax Projections section provides a helpful breakdown of all taxable income and potential credits, so you know exactly what to expect. Finally, there’s the handy Tax Suggestions area where you’ll f...