The management of such business are more concerned with the accounting information because they are answerable to the owners. The provisions of various laws such as Companies Act, Income Tax and GST Acts require the submission of various statements, i.e., annual account, income tax returns…
Category: Bookkeeping
1 1 Overview of equity method investments
When the investee company pays a cash dividend, the value of its net assets decreases. Using the equity method, the investor company receiving the dividend records an increase to its cash balance but, meanwhile, reports a decrease in the carrying value of its investment. Other…
A Framework for Leaders Facing Difficult Decisions
The situation, company, and team you’re working with might be wildly different, but the elements of coming to the best decision will stay the same. Once you’ve laid out the options, it’s time for consultants to vote and for you to decide. But when https://www.bookstime.com/…
Accounting consulting: How to become an accounting consultant Thomson Reuters
If you’re wondering how to transition into accounting consulting, you’re in good company. It’s fairly common for CPAs to become part-time or full-time consultants just prior to retirement, while others enjoy the benefits of greater flexibility and control over their schedules earlier in their careers.…
How to manage your accounts and bookkeeping as a sole trader Sage Advice United Kingdom
For example, a discrepancy could be due to a check that hasn’t cleared yet or a deposit that was made after the end of the statement period. Once all outstanding items have been reconciled, you should have a matched balance between your bookkeeping records and…
Compound Interest Calculator Daily, Monthly, Yearly Compounding
Daily compounded interest will result in more interest paid than interest compounded monthly or annually. Examples of these types of investment include CFD trading, Forex trading, spread-betting or options for assets like stocks and shares, as well as commodities like oil and gold andcryptocurrencies like…
Bookkeeping Services in Fort Lauderdale
This individual pays attention to details, is proactive in understanding financial statements, and is willing to expand their knowledge further. A problem-solver at heart, the candidate quickly seeks assistance when needed and leverages technology to enhance efficiency and adaptability. With Bench, you get a team…