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So How Did Your 2024 Predictions For the Accounting Profession Work Out?

Going Concern

note: I addressed this here Theres About to Be a Ton of Warm Bodies to Throw at Offshore Accounting Outlets in the Philippines. The TLDR is AI is making call center staff obsolete, offshore staffing agencies have their own programs training people from the ground up to perform basic accounting tasks. You see where this is going.]

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Small, Medium, or Large? Clearing Up Business Sizes and Accounting Expectations

Basis 365

Startups Revenue: Typically less than $1 million Headcount: Often fewer than 10 employees Financial Characteristics: Highly volatile cash flow Basic accounting, often founder-managed Minimal financial controls, with bookkeeping focused on compliance and tax obligations Funding challenges and heavy reliance on external financing or investors if not (..)

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Top 6 Benefits of Outsourcing Accounting Services for Your Business in 2025

Analytix Finance & Accounting

Let’s face it: managing accounting of your small-to-medium business in-house can be a challenge. Meeting tax deadlines. But here’s the thing… Outsourcing your accounting isn’t just a convenience anymore — it’s becoming a competitive advantage in 2025. You’re juggling endless spreadsheets.

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Basic Accounting Forms for Small Business That You Should Know

Patriot Software

As a small business owner, you have many accounting responsibilities, like tracking your business transactions, income, and expenses. And on top of juggling these tasks, you must also understand which basic accounting forms are relevant to your small business.

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An Essential Guide to Accounting and Basic Accounting Principles for Beginners

Snyder

Why is accounting important? What are basic accounting principles? What is accounting software? Basic accounting and its secrets. The Fantastic Four of accounting. Accounting principles: Why are they so important for any business? Basic accounting principles. Contents: 1.

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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

But the most important aspect of any business is accounting. All small business owners need to be familiar with basic accounting and bookkeeping, as it gives them a clear picture of the state of their finances, allows them to make informed business decisions, and lets them react to any adverse changes faster. What is accounting?

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How Cloud-Based Accounting Software Can Benefit Your Business

DuctTapeMarketing

Business owners often have a hard time rationalizing hiring an outside person to help with their accounting due to costs, and if that’s the situation you’re in, you’ll find cloud-based accounting software to be a good solution to that problem. Simplifies taxes. The dreaded “t” word: taxes.