The busy season typically begins at the start of the calendar year with many reports and returns due between January and April. Big Four firms are also busy Read More
Bookkeeping
Public accounting definition
| June 19, 2023
Bookkeeping Archive
Bookkeeping
Understanding Straight Line Depreciation Formula
| February 2, 2023
These kinds of accounts have a credit balance which implies they decrease the value of an asset as they increase. Real property, generally buildings or structures, if 80% Read More
Bookkeeping
What Is an Outsourced CFO and Why Would You Need One?
| November 3, 2022
We deliver both highly competent global professionals and a sophisticated, ever-evolving technology platform. At Morgan Stanley, Carole advised eight founders through exits totaling over $750 million and then Read More
Bookkeeping
Quick Ratio Formula With Examples, Pros and Cons
| October 6, 2022
Using the quick ratio can help you avoid cash flow problems and maintain good relationships with your creditors and suppliers. It is a measure of whether the company Read More
Bookkeeping
How To Calculate Overtime Pay for Hourly, Salary, and Tipped Employees
| April 20, 2022
An employee’s regular rate includes their hourly rate as well as the value of nondiscretionary bonuses, shift differentials, and certain other forms of compensation. But after the FLSA Read More
Bookkeeping
Bad Debt Expense Definition, Reporting Methods
| December 1, 2020
Though part of an entry for bad debt expense resides on the balance sheet, bad debt expense is posted to the income statement. The estimated percentages are then Read More
