Remove cpas Remove double entry bookkeeping Remove income tax Remove tax return
article thumbnail

The Role Of An Accountant: A Guide To Today’s Accountant’s Roles, Duties, And Responsibilities

Snyder

From the first attempts at single-entry bookkeeping in the 1400s to the invention of double-entry bookkeeping almost a hundred years after. While previously auditors were more likely to possess strong analytical skills, now accountants and CPAs working with businesses should also be skilled in business analysis.

article thumbnail

Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

Accounting for a small business usually means summarizing and analyzing financial transactions, producing accounting reports, and timely providing data for tax purposes and tax returns. Bookkeeping vs. Accounting. Single-entry bookkeeping vs. double-entry bookkeeping.