Accounting

Making a profit in a business is derived from several different areas. It can get a little complicated because just […]

Accountants are responsible for preparing three primary types of financial statements for a business. The income statement reports the profit-making

If you have a checking account, of course you balance it periodically to account for any differences between what’s in

Most people probably think of bookkeeping and accounting as the same thing, but bookkeeping is really one function of accounting,

It might seem like a no-brainer to define just exactly what profit and loss are. But of course these have

There are many different careers in the field of accounting ranging from entry-level bookkeeping to the Chief Financial Officer of

So what goes on the accounting and bookkeeping departments? What do these people do on a daily basis? Well, one

If everyone involved in the process of accounting followed their own system, or no system at all, there’s be no

Accounting has been defined as, by Professor of Accounting at the University of Michigan William A Paton as having one

Anyone who’s worked in an office at some point or another has had to go to accounting. They’re the people