Bookkeeping / 4 posts found

Study Skills: Learn How To Study Accounting

by htn
Study Skills: Learn How To Study Accounting When you finish studying a new topic from your textbook, try to put it in your own words. Putting concepts in your own words and explaining them aloud is far more effective than reading a text over and over again. Many entrepreneurs are very smart and driven people and they can figure out how to do most things. While many accounting software programs can help make accounting easier, the larger question a business owner should be asking is whether they should even be doing these tasks. What may only be a something that […]

QuickBooks Training – Online, Free and Paid Options

by htn
QuickBooks Training – Online, Free and Paid Options Your bookkeeping service might have a payroll offering, or they might assist you in the processing of paychecks or tax payments and forms. They might simply input payroll data into your accounting system after your payroll service provider has submitted reports to you, or they might import the data from a file provided. QuickBooks Training class Louisville It is an amazing program with endless possibilities, and a great achievement just in general. My QBCU certification has helped me become a better employee at my job. I was able to spread my knowledge […]

Accounting

by htn
Accounting In general, you will likely find an ability to follow specific accounting procedures and to understand tax law important. You may need to study certain kinds of skills and procedures, such as those needed to become a financial auditor or to handle a company’s payroll. One method we use is collecting money that’s owed to business owners through the use of invoices and collection calls. Another way we increase profits is by simply decreasing business expenses. The following are rules and suggestions for using your textbook effectively to learn accounting. It’s highly suggested that you look for a quiet […]

5 Accounting Principles

by htn
5 Accounting Principles In addition, the board is monitored by the 30-person Financial Accounting Standards Advisory Council(FASAC). FASB is responsible for the Accounting Standards Codification, a centralized resource where accountants can find all current GAAP. Without regulatory standards, companies would be free to present financial information in whichever format best suits their needs. With carte blanche to portray a company’s fiscal standing in the most ideal light, investors could be easily misled. The Great Depression in 1929, a financial catastrophe which caused years of hardship for millions of Americans, was primarily attributed to faulty and manipulative reporting practices among businesses. […]