Bookkeeping

Some people take the exam at the end of their college career or after graduating. It is also a good idea to spend a year or so working under a CPA to prepare yourself for the test. This is a four-part assessment that will test your skills as an accountant. Hopefully, working under a CPA…

If you’re an emerging contractor still wrestling with the unique challenges of construction accounting, this guide will make sure you’re equipped with the tools to make sound financial decisions. Consider this resource a jumping-off point — we’ll outline the basics and point you toward more in-depth guides on each topic covered so you can keep…

Effective asset management requires a systematic approach, such as using technology what are retained earnings to monitor assets, setting regular maintenance schedules, and implementing inventory control strategies. By optimizing asset management, companies can extend the lifespan of their assets, reduce downtime, and lower overall maintenance and replacement costs. Asset management is a crucial part of…

That sort of investing helped Trump Media end Tuesday with a market value of nearly $8 billion. Roberson said the only other time she’s tried her hand at investing was back in the early days of the COVID-19 pandemic when the cruise industry was at a standstill. She purchased shares of Royal Caribbean’s stock as…

As you can see, calculating present and future value is a complex task. It’s even more complicated if you’re dealing with an indexed or variable annuity. An expert can help you look at present and future value while taking into account all the variables in your situation. As with the present value of an annuity,…

How effective products move from the vendor to the customer depends on how well both sides understand free on board (FOB). FOB conditions may affect inventory, shipping, and insurance expenses, regardless of whether the transfer of products happens domestically or internationally. However, if the shipment is defined as “FOB destination”, the glassware manufacturer carries the…

Its team helps businesses and individuals organize their finances through its bookkeeping services. The firm prepares financial statements, invoice or payment reconciliation, and quarterly income or sales taxes using different accounting software, such as Xero, Wave, QuickBooks, and FreshBooks. It also processes Forms 8858, 5471, 3520, and 8938 to prevent IRS disclosure penalties. George Dimov,…

Investing activities include any sources and uses of cash from a company’s investments. Purchases or sales of assets, loans made to vendors or received from customers, or any payments related to mergers and acquisitions (M&A) are included in this category. In short, changes in equipment, assets, or investments relate to cash from investing. Cash flow…