Category Archives: Bookkeeping

What is Bookkeeping? Business Owner’s Guide

The caliber of talent we already have on board in our foundation mentors is exciting. These partners have the opportunity to inspire, and be inspired by, the next generation of talent to reignite the industry from within,” Konstantas said. The expected job decline is primarily due to cloud computing and other software innovations automating bookkeeping […]

Do Checks Expire? How Long Are They Good For? PNC Insights

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Financial Accounting vs Managerial Accounting: Whats the Difference?

The activities management accountants provide inclusive of forecasting and planning, performing variance analysis, reviewing and monitoring costs inherent in the business are ones that have dual accountability to both finance and the business team. Now that you have a basic understanding of managerial accounting, consider how it is similar to and different from financial accounting. […]

Bookkeeping Definition, Types and Importance of Bookkeeping

When a bookkeeper wants to leap to being an accountant, they will need to take the CPA exam, plus earn a bachelor’s degree (most of the time), if they do not have one already. Fifty states plus the District of Columbia require accountants to earn 150 credit hours of college education before taking the national […]

Generally Accepted Accounting Principles GAAP

Someone on our team will connect you with a financial professional in our network holding the correct designation and expertise. Our mission is to empower readers with the most factual and reliable financial information possible to help them make informed decisions for their individual needs. Our writing and editorial staff are a team of experts […]