Basis 365

APRIL 18, 2023

One area that has gained significant traction in recent years is outsourced bookkeeping services, particularly among Chief Financial Officers (CFOs). CFOs responsible for managing a company's financial operations increasingly recognize the benefits of outsourcing bookkeeping functions to specialized service providers.

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Shay CPA

APRIL 3, 2024

GAAP stands for Generally Accepted Accounting Principles. These guidelines come from two trusted sources: the Governmental Accounting Standards Board (GASB) and the Financial Accounting Standards Board (FASB). Your bookkeeping is no different. They widely apply to U.S.

bookkeeping 59

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Shay CPA

OCTOBER 11, 2023

Revenue recognition is a separate beast, and one that requires you to adhere to generally accepted accounting principles (GAAP). Tracking MRR and keeping up with accrual-based accounting might all sound like a lot of work, but we’re here to help with precisely this. Your investors usually won’t accept MRR alone.

accounting principles 52

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Shay CPA

APRIL 5, 2023

GAAP stands for Generally Accepted Accounting Principles. These guidelines come from two trusted sources: the Governmental Accounting Standards Board (GASB) and the Financial Accounting Standards Board (FASB). Your bookkeeping is no different. They widely apply to U.S.

bookkeeping 59

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AccountingDepartment

DECEMBER 28, 2021

Even if they’re the best accountant ever, that makes them even harder to replace and creates more disruptions to business operations if they leave the role. Small accounting teams also go against basic accounting principles. Good internal controls require that accounting tasks are separated between multiple people.

Account 88

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