article thumbnail

Accounting Basics for Small Business Owners [By a CPA]

LyfeAccounting

As a CPA that studies and practices accounting, I know that accounting isn’t the most exciting thing in the world. To get the best interpretation of your financial statements, you may need to invest into some financial analysis courses or consult a CPA. We started this post by defining accounting.

article thumbnail

Bookkeeping vs Accounting: What’s the Difference? How Should You Choose?

LyfeAccounting

So today, I’m going to give you three simple points that you should know about bookkeeping vs accounting. Bookkeeping vs Accounting: What’s the Difference? Defining Accounting and Bookkeeping. Most independent accountants can demand a price in between $50 to $200 per hour based on their experience.