Tag: business

Accounting Reconciliation

What Are Reconciling Items? Definition and Examples

As a business owner, reconciling your bank accounts, credit cards, and other balance sheet accounts periodically is essential. Reconciling allows you...

Accounting

What Is Gross Profit Margin and How To Calculate It

Small business owners are generally so busy running their businesses that they don’t have time to worry about each and...

Accounting

What Is Intercompany Accounting

When two or more companies or different legal entities share the same parent company, transactions between the subsidiaries and with...

Accounting

What is Contributed Capital?

Contributed capital is the amount of money that shareholders invest in a corporation in exchange for newly issued shares of...

Accounting

UK SOX Update 2022 | Your UK SOX Questions Answered

The plan for introducing SOX-style corporate governance regulations in the U.K. continues to take shape. In March 2022, the Department of...

Accounting

Understanding Section 197 Intangibles

What Is a Section 197 Intangible? Intangible assets have no physical representation, but that doesn’t mean they’re worthless. Like tangible property,...

The Future of Work

How Teams Can Avoid a Burnout Crisis With an Employee-First Mindset — Part 2

About the Author: Katie Thomas, CPA, is a content creator, 2021 40 under 40 CPA Practice Advisor recipient, and the...

The Future of Work

How Teams Can Avoid a Burnout Crisis With an Employee-First Mindset — Part 1

About the Author: Katie Thomas, CPA is a content creator, 2021 40 under 40 CPA Practice Advisor recipient, and the...

Accounting

What are Temporary Accounts? An In-Depth Look

What Are Temporary Accounts? Temporary accounts, also known as nominal accounts, are those where the balance goes to zero before starting...

Accounting

How Does Brexit Affect Accounting Firms?

The success or failure of any decision often depends, to some degree, on its economic impact. Brexit is no exception....
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