Category: Research

Journal Entries Research

How Do You Book a Payroll Journal Entry?

Payroll is probably one of the most common journal entries – and one of the most common for pitfalls and...

Accounting Research

What is Close Management Software

Would you like to shave time off your month-end close while simultaneously improving the accuracy of your numbers? By using...

Research

IFRS vs. GAAP: What’s the difference?

The underlying accounting rule that debits must equal credits applies around the world, but precisely how those debits and credits...

Research

What is Petty Cash Management?

Even though we’re quickly moving towards a cashless economy, there are still times when a business needs a small amount...

Research

How to Reconcile Petty Cash

Debit cards and smartphones are quickly becoming the favorite ways for the younger generations to pay for things, but even...

Research

Virtualizing the Month-End Close: Steps for an Efficient Remote Month-End Close

So far, 2020 has been full of surprises. It’s brought incredible challenges and changed the way we do just about...

Accounting Research

What is a Financial Audit Statement? Definition & How to

Working with the former accountants now working at FloQast, we decided to take a look at some of the pillars...

Accounting Research

What is Cost Allocation? Definition & Process

Working with the former accountants now working at FloQast, we decided to take a look at some of the pillars...

Accounting Research

What is Reconciliation in Accounting?

Working with the former accountants now working at FloQast, we decided to take a look at some of the pillars...

Research

Auditing the Audit: The Negative Effects of an External Audit

Some organizations consider an external audit of the business’s financial statements as merely a requirement to comply with grant agreements,...