Accounting for Freelancers – Tips for Managing Finances
Fluctuating monthly incomes are synonymous with freelancing. To avoid financial hardships, it is important to create a budget, establish an…
Personal Finance For Beginners
Personal finance refers to the management of your money, such as budgeting, spending, investing, insurance policies, mortgage loans, banking accounts…
Accounting Fundamentals – Learn the Basics of Double Entry Bookkeeping
An accounting fundamentals course will teach you how to double-entry bookkeep. You will learn about the different types of financial…
Accounting Principles
The materiality principle is a key aspect of the disclosure principle. This requires the accounting information to be as accurate…
The Most Important Fundamental Accounting Assumptions in Financial Reporting
In financial accounting, fundamental accounting assumptions are important in order to understand a company’s financial position. These assumptions include going…
Accounts Payable and Accounts Receivable
Accounts payable and accounts receivable are separate, but related processes. Both involve processing invoices, receipts, and payments. A company uses…
Accounting and Business Support
In the world of business, the need for professional accounting and business support services is as high as ever. In…
Production Account and Cost Sheet Comparison
A production account is used to show the costs of production. It is an important tool for a business to…