Accounting & Bookkeeping

Credit card rewards are a point-based system, collecting these points rewards you. Credit card rewards are not considered income in the balance sheet in business accounting. Cashback, points or miles are ways for businesses and individuals to earn benefits in the form of rewards based on everyday purchases. Recording these rewards in accounting can be

Accounting is the sensitive part of every business where a business owner tries to manage their accounting properly and simplify all the processes of business operations. To run a business with employee support, effective payroll management is crucial, as it helps a company maintain its employees’ trust and fosters good relationships with its workers. To

If you have decided to invest in the foreign market but also fear online fraud, then don’t worry. For your secure investment, the United States has introduced strong security features. This would help you to prevent fraud, theft, or other online crimes so that you can easily invest. SEC handles all these regulating and security

Deferred​‍​‌‍​‍‌ revenue or unearned revenue is one of the main ideas in the field of accounting to that refers to the payments that a company gets from its customers before the company delivers the products or services. In essence, it is a debt or a liability that is recorded on the company’s balance sheet. Here,

Accounting in a business is an essential part with the help of which owners record, summarize and report financial transactions of a business. Income statement and cash flow statements make accounting performance better, while rollforward in accounting is a Key process for maintaining accurate financial tracking. Here in this blog, we have discussed roll forward

Nowadays, preparing for technical accounting interview questions is essential due to the intense competition in accounting. Employers are demanding candidates who possess both theoretical and practical skills in real-world applications. In this article, you can explore the interview ideas with us. We will guide you to become a perfect candidate for the accounting jobs by

As you know, New York is a rich country, and it has numerous accounting universities and colleges. Many of them maintain courses and provide an accounting degree to become an accountant. If you are searching for the best accounting school in New York, we offer you the best guide to the top accounting schools in

The meaning of relevance in accounting refers to the information obtained from the accounting system. It helps end-users to make an important decision and then use information for predictive and confirmatory purposes. In this article, we deeply understand what is relevance in accounting and its key features, and understand why it’s important for accounting with

Accounting plays a vital role in business, recording and managing the accounting of the business boosts your business growth. Drawing in accounting is the term that most people get confused about. Here in this blog, we have discussed what is drawings in accounting, their types, how you can record drawings in bookkeeping, and where the

Cost Accounting is a technique that focuses on providing internal data for reducing expenses and raising the efficiency of the business, while financial accounting reports the company’s results of operations to the outside world, i.e. shareholders, and other stakeholders in the form of financial statements. By reading this article, you will learn about cost accounting