The QuickBooks Online ProAdvisor program, available to all accounting professionals at no cost, provides a host of valuable tools for accountants, bookkeepers, and tax preparers including free...
Posts by Caroline Grimm
Every career has upsides and downsides. If you are considering a career in accounting, let's explore why accounting can be a great career choice. Stability Every business, non-profit, and...
An accrued liability represents goods or services received but not yet billed by the vendor. An example of an accrued liability is an electricity bill. At the end of the current accounting period,...
Sales and Use Taxes are treated differently by taxing authorities and in accounting. Understanding the how sales tax and use tax are different, but similar is an important accounting concept to...
A long-term liability is an obligation by a business or organization to repay funds borrowed. The repayment of that obligation is spread over more than one year (operating cycle). Examples of...
Financial Statements offer great insights into the financial health and operating efficiency of businesses and organizations. The reports are used both internally and externally. Internally,...
