Businesses rely on their accountants to report accurate information. The owners and managers use this information to make decisions on behalf of the business. The accountant records financial ...

Uncollectible accounts receivables require not one, but a series of adjusting entries to ensure that the financial statements properly reflect the current financial condition of a business and ...

Evan Tarver has 6+ years of experience in financial analysis and 5+ years as an author, editor, and copywriter. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert.

The accounting cycle tracks a transaction until it’s added to your company’s financial statement. Follow this eight-step ...

More than just paperwork, audited financial reports show that the numbers for your business add up. Knowing what goes into an audited statement and why it matters can help you gain confidence with ...

The eight-step accounting cycle is important to know for all types of bookkeepers. It breaks down the entire process of a bookkeeper's responsibilities into eight basic steps. Many of these steps can ...