You Have QuickBooks - Now What?

You have either started a new business, decided to get your financial information in order for your existing business or your tax preparer has announced that he/she won't do your tax return anymore if you bring in one more year's receipts in a shoebox or plastic bag. So on the recommendation of friends, business associates, accountant, or other professional in the know you have purchased QuickBooks.

Sarbanes Oxley - The Resolution Or The Cause

Is the litigious US business environment driving away foreign investment in US public companies? Has the SarBox section 404 caused these declines and how could it be changed to build confidence but retain assurance of the efficiency of internal controls? The SEC is facing these tough questions while deciding how to go forward with regulating public companies.

India Outsourcing Accounting is an Innovative Option

Accounting outsourcing involves the transfer of financial and other sensitive personal data online and this is one reason why some people are not open to the idea of outsourcing work. In this era of online data theft and identity theft, this is understandable very well.

The Powerful Profit and Loss Statement

The Profit and Loss statement is used by owners, regulators, and investors for accounting in their businesses. See what it is and why it is important.

Small Business Accounting Systems

Help for the new small business person in choosing an accounting software package that will meet his or her needs.

Bookkeeping New York Outsourcing Can Boom Your Business

Bookkeeping New York outsourcing is very important business strategy for the successful running of the firms. Bookkeeping must be given high priority for the business running efficiently and hence in making the organization flourishing. The benefits of this service is immense and you can really know when you opt for this.

Don't Let Tax Strategies Ruin Your Business Growth Prospects, Tips From a Banker

An expert commercial banker writes about some of the common issues with borrower who have successful businesses stifling their growth or creating more difficult borrowing positions by seeking to avoid or reduce income taxes.

How To Resign From Your Current Accountancy Job

If you have found a new Accountancy Job and you need to resign from your current role, then these few words of advice should help you. Resigning is daunting and there are right and wrong ways of going about this. So, what is the best way of resigning and what should you do?

EXCEL Tutorial - How to Construct a Compounding Interest Financial Calculator

You can construct an almost infinite variety of calculators right within your MS EXCEL spreadsheet application.

Asset Misappropriation - Skimming Schemes

Skimming is the removal of cash for a victim company before the transaction is entered into the accounting system. Since skimming is an off the books type of fraud (it is never recorded) there is no direct audit trail therefore making the fraud difficult to detect. The employees with an opportunity to commit skimming schemes are those who deal directly with customers or those that handle their payments. This article will cover the four main categories of skimming schemes and discuss some of the red flags for detection of the fraud.

Starting a New Business? Here are the Accounting Decisions You Need to Make

When starting a new business there are several important accounting questions. Your answers will have lasting impacts on you file your taxes, how the owners are paid, their tax liabilities and their legal liabilities. Here is a brief list of some of the biggest questions to be answered.

Operating Cash Flow Revisited

Continuing our discussion on cash flow 101, I feel that cash flow discussion is not complete without digging further into operating cash flow. To refresh your memory, operating cash flow is the cash flow generated by a firm's business activities. Business exists to produce cash flow. Therefore, we prefer business that spots a positive cash flow.

Managing Small Business Finances

It's easy to get lost in the bigger picture when you run a small business. It's easy to forget the important little things that make all the difference. Here are some tips to help you along the way.