Bookkeeping

Scaling your accounting involves adapting your methods and systems to accommodate increasing complexity and volume. This ensures you maintain accurate financial records, comply with...

Understanding these accounting terms is essential for startups as they form the foundation of financial reporting and analysis. By grasping these concepts, startups can...

Double-entry accounting is a system of bookkeeping in which every financial transaction is recorded in at least two accounts. This system provides a check...

This shows all company assets are acquired by either debt or equity financing. For example, when a company is started, its assets are...

As you can see there is a heavy focus on financial modeling, finance, Excel, business valuation, budgeting/forecasting, PowerPoint presentations, accounting and business strategy. The...

Since the loss is outside of the main activity of a business, it is reported as a nonoperating or other loss. The term losses...

Shareholders’ equity is the total value of the company expressed in dollars. Put another way, it is the amount that would accounting equation remain...

We will assume that as of December 3 the equipment has not been placed into service. Therefore, there is no expense (or revenue) to...