The first year you spend at university is quite unlike any year you have spent at high school or any other kind of educational institution. It can be an intimidating experience, what with all of the new things to learn, the new classes; the fact that all of a sudden […]
Tag: accounting
Numerical Nurturing 6 Steps to Prepare Yourself For a Job in Accounting
So, you want to become an accountant. However, you can’t just get a job as an accountant straight away. Working as an accountant requires advanced education, a formal certification and firm commitment to learning the relevant skills. Take heed of the following 6 steps if you’re thinking about becoming an […]
6 Questions You Need to Ask Your Accountant
Every business needs tight and perceptive financial management on an ongoing basis, and most business men and women opt to outsource all or part of their bookkeeping tasks to a CPA (certified public accountant). This is unsurprising, considering how important and yet how complex tax law, budgeting, cash flow management, […]
7 Must-Have Productivity Tools for SMBs in 2017
Productive people register outputs for the time they spend working. This is the key difference between getting work done and simply doing work. However, productivity in the workplace can be greatly reduced if employees spend hours on logistical and repetitive tasks like locating equipment they need to get their work […]
Lessons for CPA’s from Malcolm Gladwell’s David and Goliath
Malcolm Gladwell is one of the best business writers in the world and his books have many important lessons for professionals and businesses. Gladwell’s book, David versus Goliath: Underdogs, Misfits, and the Art of Battling Giants, should be made compulsory reading for accounting professionals and CPAs. We explain why in […]
Comparison Shopping for Accounting Software
Since all small business accounting software aren't equal, it's important to comparison shop - here are some things you should be looking for. Comparison shopping is a proven way to get the best small business accounting software with a maximum value of the expense. However, since all accounting products are […]
Accounting for Your Sales Across Many Channels in Many Places
Customers are becoming more and more informed, while always expecting an outstanding service and this has turned the online space customer-powered. 2015 has been so far a very challenging year for online retailers. Not only they have to constantly adapt to the continuously changing customer needs in order to keep […]
Tips for Improving Cash Flow in Business
Cash flow is a very crucial aspect that determines the magnitude of success your business is capable of achieving. When it's high it means things are good but when it's low, you need to get worried. Many are the times that sustaining the required cash flow become a major challenge. […]
Non-profit Accounting Vs. For-Profit Accounting
If you are a recent accounting graduate or looking to change careers, you have a few decisions to make. One of these decisions is what kind of organization you wish to work for. While there are many types of organizations who can use your accounting skills, you can generally break […]
Why Become a Certified Public Accountant (CPA)?
Becoming a Certified Public Accountant is a challenge. You will have to endure 150 hours of education and undergo a grueling exam. After that, you will have to continue your education to stay up to date on the information you need for your license. While contemplating this workload you may […]
What is a Balance Sheet
The Balance Sheet depicts the financial situation of a company, measuring how healthy and profitable the company actually is. At the end of the accounting period (year, quarter, month), the balance sheet lists the company’s assets and the liabilities it owes. In other words, the balance sheet is about: – […]