ThomsonReuters

FEBRUARY 8, 2024

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.

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ThomsonReuters

OCTOBER 5, 2023

Jump to: What is amortization in accounting? There is, however, no one-size-fits all approach when calculating the value of a company’s assets. Some assets will fall under amortization accounting. Understanding these differences is critical when serving business clients. What is amortization in accounting?

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Ryan Lazanis

APRIL 4, 2022

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. In this guide, you’ll learn: How to set up a strategic business plan. Table of Contents.

bookkeeping 98

bookkeeping bookkeeping services accounting firms Technology 98

ThomsonReuters

AUGUST 24, 2023

Unfortunately, the complexities and the time it can take to manually input business clients’ asset information, especially when onboarding new clients, means added work and stress in an already busy tax season. Let’s first take a step back and begin with the basics. Jump to: What is tax depreciation? What is bonus depreciation?

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ThomsonReuters

NOVEMBER 11, 2020

Financial Reporting in the COVID-19 Era: Technology Can Help Accounting Professionals Ask—and Answer—the Right Questions. Understanding the key accounting questions raised by COVID-19. Basically, this is an evaluation of your company’s chance of survival. Going concern and liquidity. Do you have a shortage of working capital?

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Snyder

JUNE 13, 2022

In response, they want brands to recognize them, remember their interests, and provide offers and recommendations that resonate with them. However, some new funding options are becoming available for e-commerce businesses today, such as inventory financing or revenue-based financing. Extended competition.

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