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How to navigate accounting assumptions

ThomsonReuters

Jump to: What are the main accounting assumptions? Going concern assumption: A closer look How do common accounting assumptions relate to GAAP? Accounting assumptions, along with accounting principles and concepts, provide professionals with the necessary framework for preparing financial statements.

Account 96
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Making the most of accounts payable automation

ThomsonReuters

If you are an accountant working within accounts payable, chances are you’ve got an interest in automation. From understanding the why and the how, to knowing what to look for, let us be your guide to accounts payable automation. Resolving the accounting records. How can I improve my accounts payable?

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QuickBooks Ledger: Welcome to the Family! We’re Glad You’re Here.

Nancy McClelland, LLC

If you’re like me, March is that special month from hell where clients that have ignored your pleas for four quarters in a row suddenly show up again… and lucky you. For anyone reading this who isn’t intimately familiar with these classic dance moves already – no, we can’t just use bank statements or a spreadsheet.

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Accounting advisory: What you need to know

ThomsonReuters

In today’s ultra-competitive business landscape, being an accountant means far more than preparing tax returns or compiling financial statements. But what does accounting advisory mean and how can your firm take advantage of this unique opportunity to showcase your knowledge and build deeper relationships with your clients?

Account 88
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How To Start a Bookkeeping Business in 2022 [Step by Step]

Ryan Lazanis

Do you want to know how to start a bookkeeping business or accounting firm in 2022? In fact, these are the very steps that I followed to help take my heavily bookkeeping-focused accounting business from scratch to sale in only 5 years. This simple statement helped become the gatekeeper for all other future decisions in the business.

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Everything you need to know about accounts payable

ThomsonReuters

Whether you’re an accountant, a small business owner, or a professional working within an organization, understanding what accounts payable is and how it works is essential. As an important cash flow indicator, accounts payable is a sign of the health of a business. Often, accounts payable is abbreviated as “AP” or “A/P”.

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Best Tax Preparation Software for Small Business: What Tax Software to Choose?

Snyder

Most SMB owners fall into the trap of putting off taxes until the last minute because they don’t have professional tax accounting software backing them up. First, try to make the most out of your accounting software. Accounting management. Tax preparation software inquiry: Accounting management. Accessibility.