Whether a freelance bookkeeper or a corporate accountant, the situation surrounding the COVID-19 disease is undoubtedly affecting you in previously unforeseen ways. Consequently, all areas of accountancy are being affected, from revenue recognition to asset...
Maintaining a sustainable accounting firm is essential to the long-term success of your organization. Ensuring the sustainability of your accounting firm isn’t an easy task, as the entire world deals with a global pandemic and an uncertain future. However,...
Operating a business requires the owner to have an account of the financial records at all times. On that account, bookkeeping is inevitable as it is the core of a successful business. Tracking expenses is possible, which leads to cutting on some items to avoid...
The COVID19 pandemic has stimulated the creativity of many Americans who were bored with the shelter-in-place restrictions. This has resulted in a boom of new businesses, primarily sole proprietorships, and the owners’ need to become familiar with accounting,...