Developing a Start-up Cost Worksheet is a crucial step to open a new business. A start-up cost worksheet will give you an idea about how much budget you need to open the doors to your business. How to Calculate Start-Up Costs for a Business Each business is different, and needs its own specific expenses and […]
continue readingStart-up Costs for a New Business
Developing a Start-up Cost Worksheet is a crucial step to open a new business. A start-up cost worksheet will give you an idea about how much budget you need to open the doors to your business. How to Calculate Start-Up Costs for a Business Each business is different, and needs its own specific expenses and […]
continue readingWhat Are the Key Differences Between Forensic Accounting and Traditional Accounting?
Here’re some of the best known differences between a Forensic accounting and Traditional Accounting in a glance; 1. A very obvious and discrete key difference which one can identify between a traditional auditor VS a forensic accountant is that : The former is someone who checks the math accuracy in the accounting department while the […]
continue readingThe Importance of Accounting For Small Businesses
When starting your own small business one of the most important aspects to think about is the accounting process and how you choose to account all of your financial information. It is important to understand that the accounting of your business’s financial information needs to be accurate or else your business may not be as […]
continue readingUnderstanding Financial Statements
Financial accounting’s focus is on the financial reports distributed to people outside of the company. The major component of financial reporting is the financial statements: income statement, balance sheet, statement of cash flows, and the statement of stockholders’ equity. The income statement indicates a company’s profitability during a specified time period such as one year, […]
continue reading