Counto

MARCH 23, 2024

Evolution of Global Accounting Standards Globalisation spurred the need for uniform accounting standards. The International Accounting Standards Committee laid the groundwork in 1973, leading to today’s International Financial Reporting Standards (IFRS). Nature of Business: Complexity of transactions and business model.

Financial Reporting 52

Financial Reporting Accruals Financial Statements Corporation Tax 52

Accounting Tools

MAY 15, 2024

Related AccountingTools Courses C Corporation Tax Guide S Corporation Tax Guide Related Articles Tax Planning Tax Position Tax Reduction Strategies for Small Businesses Taxation Principles

Tax 40

Tax Corporation Tax Accruals Accounting 40

Counto

MARCH 19, 2024

Record Keeping Guidelines Separate Business and Personal Finances: Keep business and personal finances separate with dedicated bank accounts. Organised Records: Use accounting software, maintain a filing system for physical documents, and regularly reconcile bank statements.

Record Keeping 52

Record Keeping Financial Records Accruals Corporation Tax 52

AvidXchange

MARCH 22, 2024

During the course of a year, certain periods can be stressful within accounting and finance departments, as teams are asked to keep up with their day-to-day responsibilities while taking on extra work. Currently, he’s an account executive for the real estate vertical at AvidXchange, helping AP teams streamline processes with automation.

Accounting 52

Accounting Accounting AP Budgeting 52

Counto

APRIL 23, 2024

It includes cash, marketable securities, and accounts receivable—assets that can be quickly converted into cash within 90 days. High Dependency on Receivables: If a significant portion of your assets is in accounts receivable, your liquidity is dependent on the timeliness of customer payments. in quick assets to cover them.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Accruals 52