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The 5 Most Common Small Business Accounting Mistakes

VetCPA

Small businesses make accounting errors and oversights regularly. Here, we cover five of the most common small business accounting mistakes. Recording everything is an excellent rule to follow for bookkeeping and accounting for a small business. You refuse to outsource your accounting needs.

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Voting Opens for 2024 Readers’ Choice Awards

CPA Practice

The CPA Practice Advisor Readers’ Choice Awards give our readers the opportunity to spotlight the technologies they most rely on and trust to manage their firms, provide client services, and help those clients run their businesses.

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Regular Bookkeeping vs Construction Company Bookkeeping: What’s the Difference?

Steve Feinberg

Bookkeeping is a highly specific task, and it’s understandable that not every business owner would know how to, or would even want to, take on the job themselves. Let’s take a look at some of the major differences between regular bookkeeping vs construction bookkeeping. Contract Length. Overhead Costs.

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Accountants Behaving Badly: Egg Accountant Finally Cracked, and Lots of Embezzlement

Going Concern

Accountant Accused of Stealing Millions of Dollars From Construction Company [ CPA Practice Advisor ]. A former senior accountant for a construction company in Chicago was indicted Aug. Mandarino allegedly concealed the thefts by creating fictitious credits and offsets in the construction company’s accounting system.

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How growth can be a big challenge when a business becomes multiple entities

Accounting Insight

It’s quite likely that the different parts of the organisation will be using different accounting systems, which don’t speak to each other and may no longer be up to the job anyway. It all adds up to a serious headache for the finance department that’s trying to keep track of everything and produce accurate consolidated accounts.

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Best Real Estate Accounting Tips for Agents and Brokers

xendoo

Setting up your real estate accounting system the right way will enable you to minimize the labor and stress involved in large-value transactions, extreme income fluctuations, employee pay formulas, and government regulations. These tips are for you if your business is: Real estate broker or agent. Building construction.

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147 Cloud Accounting Software Apps: The Big List

Ryan Lazanis

Say goodbye to traditional double-entry systems. Below are some of the best cloud accounting software for small businesses. Their web-based product is packed full of accounting features. No double-entry accounting is required. Then snap pics of your receipts and accounts payable invoices.