Category Archives: Bookkeeping

What Does an Accountant Do? Duties, Rules, Skills, and History

The difference between these two accounting methods is the treatment of accruals. Naturally, under the accrual method of accounting, accruals are required. Accountants may be tasked with recording specific transactions or working with specific sets of information. For this reason, there are several broad groups that most accountants can be grouped into. Small-business owners spend […]

Generally Accepted Accounting Principles GAAP Guidelines & Policies

The SEC encouraged the establishment of private standard-setting bodies through the AICPA and later the FASB, believing that the private sector had the proper knowledge, resources, and talents. Currently, the SEC works closely with various private organizations setting GAAP, but does not set GAAP itself. Cost Benefit Principle – limits the required amount of research […]

Accounting Bookkeeping Services Better Business Bureau® Profile

Content Pricing plans that fit your business Kathleen M Egan, CPA Here’s why Phoenix business owners like you trust Bench with their bookkeeping Kufner Bookkeeping Services Accounting Affinity, LLC SMALL BUSINESS SUPPORT Related Searches in Phoenix, AZ He has hands-on experience with A/R, A/P, fixed assets, cost accounting, inventory, forecasts, and budgets. As a small business […]

Tax Information Center Topics For Tax and Life

Content Real Property Tax Suite Now Available at MyTax.DC.gov Delinquent Tax Search Tool Revenue and Spending My Income Tax Refund Status Notice for Property Owners: Income Tax Indiana Department of Revenue Looking for ways to get tax prep assistance from experts without leaving home? Find out what adjustments and deductions are available and whether you […]

Income statement Definition, example & format of income statement

Content The Plain-English Guide to Revenue Run Rate [Infographic] Want to Learn More About Growing Your Business? Example of a contribution margin income statement How to create your income statement Earnings Per Share or EPS Income Tax Income Statement Examples FreshBooks provides a specialized small business income statement template, perfect for any small business owner […]

Property, Plant, and Equipment PP&E Definition in Accounting

Content What Is Office Equipment In Balance Sheet? Are Current Assets Depreciated? Intangible Assets Accounting Terms: T Accounting Terms: XYZ IAS 1 — Presentation of Financial Statements Taxes On Office Equipment European Union formally adopts amendments to IAS 1 and IAS 8 Fixed assets generally apply to property, plant and equipment (PP&E). While noncurrent assets […]