Outsourcing to India: The Strategic Choice for Business Growth

There is a misconception that outsourcing to India would mean a lot of challenges in communication. However, India has the second-largest English-speaking population in the... Details

TDefinitive Guide to Outsourced Accounting TOA Global

If that sounds like something you’d be interested in, read on to learn all about outsourced accounting. As with any service, the cost of outsourced... Details

Statement of Shareholders’ Equity Financial Edge

The statement of owner’s equity, also known as the “statement of shareholder’s equity”, is a financial document meant to offer further transparency into the changes... Details

Basis of Accounting versus Budgetary Basis

Explaining the major differences between the basis of accounting used in the budget document and the basis of accounting used in the GAAP financial statements... Details

Goodwill Accounting: Overview, Examples, & Purpose in M&A

The tax deduction of goodwill amortization can positively impact a company’s cash flow, as it reduces the taxes payable. When analyzing a company’s balance sheet,... Details

Current Assets: Definition, Examples, and Formula 2023

A current asset is an item on an entity's balance sheet that is either cash, a cash equivalent, or which can be converted into cash... Details

Kashoo Review: Features, Pricing, Alternatives and More

Plus knowing your data is up-to-date helps protect you from financial fraud. Accounting software is suitable for both individuals and businesses, and is a great... Details

The CC, The BCC, And Email Etiquette

When you use the "Bcc" function on email, this refers to a "blind carbon copy" and means the original recipient does not know you are... Details

Nonprofit Accounting & Finance Services

Especially in the earlier stages, many nonprofits are primarily concerned with compliance. However, at some point, your organization will cross a threshold and you’ll begin... Details

Accounting Equation Overview, Formula, and Examples

The amount of liabilities represents the value of the business assets that are owed to others. It is the value of the assets that people outside the... Details