Because people leave public accounting so often, news and updates blog for mobile physician services there are always opportunities to move up. A private accountant is somebody that works in industry as an in-house accountant for a corporation or a small business. If you’re ready to become one of them, get the skills and training […]

Our team loves to help businesses, accountants and bookkeepers automate, collaborate and grow. Seeing your company on the NZX Main Board and then in the nightly news was crazy, but it is a double edged sword and we have to deliver to our shareholders. They have been joined by many more and today, we have […]

These materials were downloaded from PwC’s Viewpoint (viewpoint.pwc.com) under license. For the past 52 years, Harold Averkamp (CPA, MBA) hasworked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. For the past 52 years, Harold Averkamp (CPA, MBA) has worked as an accounting supervisor, manager, consultant, university instructor, and innovator […]

At the end of the year, the accounts are adjusted for the actual warranty expense incurred. An actual liability is a confirmed obligation that must be settled, while a contingent liability is a potential obligation based on a future event. It does not make any sense to immediately realize a contingent liability – immediate realization signifies […]

Successful completion of designated Xero certification courses is a pivotal requirement for individuals aspiring to attain Xero certification, providing comprehensive training and preparation for the subsequent certification exam. Engaging in practice exams tailored for Xero certification facilitates the exploration of diverse certification opportunities and enhances preparedness for the actual assessment process. Xero certification serves as […]

Hence, we have what is a control account in accounting reconciled the balances and can use this balance in the preparation of financial statements. Control accounts are an important component of double-entry accounting and make up the foundation of the general ledger. They serve as a summary report of the total balances for each subledger, […]

Inventory management is the process of tracking and managing inventory levels. This is important for a franchise business, as excess inventory can tie up cash flow, while insufficient inventory can lead to lost sales. Revenue recognition is the process of recording revenue when it is earned, regardless of when payment is received. In a franchise […]

A business typically generates positive or negative earnings (profits or losses). If a company has generated more profits, it will pay out dividends to its shareholders for investing their money in the company. Any residual profits (retained earnings) are reinvested into the company to foster growth or used to pay off any outstanding debt the […]

Easily create, customize, and send professional invoices while on-the-go. Once you’re approved, you can turn payments on or off for any invoice, or pick default settings for all invoices. Set up recurring invoices for your finance clients and safely store credit card info so you have one less thing to keep track of. See sent, […]

Rather than simply regurgitating the day’s headlines, Resourceful Finance Pro delivers actionable insights, helping Certified Public Accountant Finance execs understand what Finance trends mean to their business. Though you want to avoid letting a check go out of date, there are some important considerations for a check that has become outdated. Bankrate has partnerships with […]