Chuyên mục: Bookkeeping

• Treasury Management: A Comprehensive Guide

  by: qcv Bookkeeping 0 2024-04-11 03:11:07

  Treasury management can take steps to cushion the financial blow of unexpected losses, how to bolster their internal processes and how to share the information with customers or partners. They look at the economic landscape of the industry, and advise management on ways to handle potential changes. Solvency ratios look at a company’s ability to […]

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• Uses of Suspense Account Trial Balance With Examples

  by: qcv Bookkeeping 0 2023-10-31 05:43:36

  Even if there is no timeline set by regulatory authorities for the clear-out process, businesses routinely carry out monthly or quarterly suspense account reconciliations. Suspense accounts are invaluable tools for maintaining clarity and accuracy in financial reporting. They provide a systematic way to ensure all transactions are properly accounted for until all the necessary information […]

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• How to Hire an Accountant for Your Business

  by: qcv Bookkeeping 0 2022-11-09 11:11:05

  Look for reviews or testimonials from previous clients, and ask for references. It’s also important to verify that they are in good standing with relevant professional organizations, such as the American Institute of CPAs (AICPA). Meeting with them in person or virtually can also help you assess their professionalism and communication style. This helps to […]

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• Full Disclosure: The Key to Transparency and Trust in Business

  by: qcv Bookkeeping 0 2021-01-08 08:37:07

  The principle helps foster transparency in financial markets and limits the opportunities for potentially fraudulent activities. The importance of the full disclosure principle continues to grow amid the high-profile scandals that involved the manipulation of accounting results and other deceptive practices. The most notable examples are the Enron scandal in 2001 and Madoff’s Ponzi scheme […]

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