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All too often, the terms accounting and bookkeeping are used interchangeably. And in many instances this is fair. However, it’s not always sufficiently appropriate... Read More
In the event that you don’t pay your tax there are a cascading series of events that can occur. We will go through the consequences of either not filing a tax return... Read More
Record keeping of business monetary transactions is an essential part of monitoring the financial performance of the said business. Businesses keep something known as a... Read More
Imputed revenue might be a challenging topic for many, but once you get the basics, the rest is easy. When an individual's income exceeds the threshold for a particular... Read More
When it comes to choosing our field of study, we want to weigh up all the options carefully before making a decision. If you’re somebody who has a natural affinity... Read More
For any business, understanding the difference between cost of goods sold, and operating expenses is very important. It demonstrates the efficiency of operating expenses... Read More
Whenever a business spends or receives funds, this leaves a paper trail that comes in many forms and is used as evidence that the transaction occurred. With these available,... Read More
Before getting into the fundamentals of accounting, it makes sense to look at the different types you can find out there, as these people may work for public or private companies... Read More
While you may be thinking about accountancy as a field you'd like to get into, there is more than one way that you can have the ideal job, but many might be thinking... Read More
Suppose you're open to getting into bookkeeping as a career. In that case, you can develop your working with numbers, attention to detail, time management, organizational... Read More
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