What is accounting?
Accounting is a mechanism for documenting financial transactions related to a company. The accounting process includes summarizing, analyzing and reporting these transactions to supervisory agencies,
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UK Small business owner’s guide to accounting method Accruals vs Cash basis
In order to fully implement accounting practices, businesses need to continue with choose the accounting method they ‘re going to follow. Companies are free to
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Small business owner’s guide to double-entry bookkeeping.
Double-entry Bookkeeping is a very significant concept that drives any accounting process in a financial statements of the company. Financial managers need to grasp this
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How small business can survive the Covid19 pandemic?
First and foremost, we are starting to understand the coronavirus outbreak is a human tragedy that we need to deal with affecting hundreds of thousands
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What is cloud accounting?
Let’s begin with Cloud Computing Cloud computing is the on-demand delivery of IT resources via web with subscription pricing model or SaaS model. Before we
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