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Why CFOs Love Outsourced Bookkeeping Services: 4 Key Reasons

Basis 365

Expertise and Specialization Bookkeeping is a specialized skill that requires expertise and knowledge of accounting principles, tax regulations, and financial reporting standards. CFOs understand the importance of accurate bookkeeping in maintaining financial integrity and compliance with regulatory requirements.

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Different Types of Accounting Methods (And How to Choose the Right One for Your Business)

Analytix Finance & Accounting

GAAP compliance If you’re planning an exit, seeking significant investment, or potentially going public someday, accrual accounting aligns with generally accepted accounting principles (GAAP). Starting with accrual accounting means you won’t need a costly financial restatement down the road.