Can I Use QuickBooks Instead of an Accountant?
July 25, 2023 - Improve Accounting

QuickBooks integrates with other business tools, making it a handy platform for managing many facets of a small business. QuickBooks isn’t a replacement for a professional accountant or CPA. It can handle basic bookkeeping functions, but complex financial matters still require specialist advice. Can I use QuickBooks instead of an accountant?

Read more
What’s The Rule of 69 in Accounting?

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?

Read more
What is the Segregation of Duties?

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?

Read more
How Many GAAP Rules are There?
July 22, 2023 - Improve Accounting

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?

Read more
What’s The Difference Between Cybersecurity Vs Information Security?

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 […]

Read more
What’s General Accounting?
July 15, 2023 - Improve Accounting

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.

Read more
What are 10 Accounting Processes?
July 12, 2023 - Improve Accounting

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?

Read more
What are Hybrid Workforce Best Practices?

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?

Read more
What are The Compliance Standards for a Sales Marketing Policy Procedure Manual?

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 […]

Read more