With an easy and single format, business owners can make their income statement to record expenses or costs and revenue in a single column. Expenses… Read More »What is a single-step income statement?
An account receivable turnover ratio defines the ratio in the percentage of how much cash has been received on selling a company’s goods. This role… Read More »What is the accounts receivable turnover ratio?
AICPA and PCAOB, both have a major involvement in setting the accounting and auditing standards of the United States to improve the auditing terms for… Read More »Difference between PCAOB and AICPA(PCAOB Vs AICPA)
Which bookkeeping certification is best? is a common question for most of the student, who want to grow their carrier as bookkeepers. Bookkeeping is a… Read More »Which Bookkeeping certification is best?
Every business whether it is small or big needs to prepare financial statements for balancing and determining the actual position of business. Profit and loss… Read More »How do I prepare a Profit and Loss Statement?