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GAAP: What It Is and Why Your Investors Expect It

inDinero Accounting

Accrual Accounting is a vital component of Generally Accepted Accounting Principles (GAAP). It is like a complex machine, with many parts that must work together to create an effective system. The components of GAAP can be broken down into two main categories: accounting procedures and reporting standards.

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Navigating the World of Bookkeeping for Marketing Agencies

Steve Feinberg

From tracking profit margins to monitoring budget constraints, bookkeeping offers insight into the financial health of a digital marketing agency’s operations. Good bookkeeping can help you make data-backed decisions that serve both your agency and your clients better.

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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

More so even than owners of large companies since they can’t usually delegate all that work to business accounting professionals simply due to the costs. That’s why understanding the essential principles and terms in accounting is so important for them. Single-entry bookkeeping vs. double-entry bookkeeping.