data

Accounting can be a confusing world of numbers and complex rules. Yet, one number stands out: 69! Let’s take and unconventional dive into the concept of the rule of 69 in accounting. This rule provides a unique insight into financial calculations. What’s the rule of 69 in accounting?

Struggling to grasp segregation of duties? You’re not alone! It’s an essential internal control in accounting and understanding its importance for a successful and secure business. What is the segregation of duties?

GAAP is a set of accounting standards that help keep financial reports uniform and reliable. The exact amount of rules isn’t clear due to updates and interpretations, but it’s safe to say there are a lot! These principles cover revenue recognition, balance sheet presentation, and inventory valuation. How many GAAP rules are there?

The terms “cybersecurity” and “information security” are often used interchangeably when it comes to protecting our digital world. But there’s a slight difference between them. Cyber security keeps computer systems and networks safe from hackers and online threats. Information security covers a wider scope by protecting data in all forms. What’s the difference between cybersecurity […]

General accounting is the process of noting, analyzing, an summarizing financial transactions for a company or organization. It involves keeping track of earnings an expenses, making financial statements, an following accounting rules an regulations. Professionals in general accounting must keep exact records of all financial activities in a business.

Accounting processes are vital for keeping track of financial transactions an ensuring accurate financial reporting. They help businesses monitor their financial health, make strategic decisions, an comply with legal an regulatory requirements. Let’s explore 10 key accounting processes that keep organizations running! What are 10 accounting processes?

The hybrid workforce is becoming popular in the ever-changing work environment. It’s important to understand the dynamics of having both remote an on-site employees. What are hybrid workforce best practices?

Compliance standards must be embedded in a sales & marketing policy procedure manual. This ensures adherence to legal and ethical guidelines, allowing for transparency and protection of customer interests. It also builds trust in the marketplace. The manual should include guidelines on data protection, ad regulations and fair competition. This prevents legal issues and safeguards […]

Accountants are the backbone of understanding an interpreting financial data. They condense complex info into concise, understandable summaries. Such summaries provide stakeholders with the right tools to make decisions regarding an organization’s finances. What do accountants do in summarizing?