Like private sector for profit companies, nonprofit organizations need to keep track of their financial records. In order to best keep track of the organizations’ finances, it will be very important to follow a number of steps. With the proper accounting practices, nonprofit organizations will be in position to stay financially solvent. They will also […]
Welcome to the final installment of my accounting vocabulary series, where I provide you with definitions to some key accounting vocabulary terms. You can view O-S here, K-N here, G-H here, D-F here, and you can read A-C here! It’s important to learn all of the vocabulary associated with accounting so that you can better […]
Accounting is a smart career path to take. It tends to bring on a low level of stress and a high level of compensation. If you study accounting in college, you are likely to find a career in accounting fairly quickly, compared to other industries which have much slower career placement. In fact, you can […]
Welcome to the latest installment of my accounting vocabulary series. In this series, I teach you some of of the words you need to know if you want to go into the field of accounting. Here are a few key accounting terms that begin with the letters O through R. You can read G-J here, […]
Welcome to the next installment of my accounting vocabulary series, where I define some of the most important vocabulary words in the field of accounting. Here are a few important accounting vocabulary terms starting with letters K through N. View G-H here, D-F here, and you can read A-C here! Learning the vocabulary involved within […]
Working with an accountant is a decision many people would like to make in order to improve their financial situations. If you fall into this category, you likely know that hiring a person who has strong mathematical skills is imperative; however, focusing on the accountant’s personality traits is important too as you will work closely […]
Maybe you are a small business with only one office that has to perform several office functions, without the luxury or a separate accounting office. Maybe you are a freelance accountant, working out of a home office. Perhaps you are just getting into accounting professionally and aren’t sure of the processes. In all of these […]
Welcome to the next installment of my accounting vocabulary series, where I define some of the most important vocabulary words in the field of accounting. Here are a few important accounting vocabulary terms starting with letters G through J. View D-F here, and you can read A-C here! Learning the vocabulary involved within accounting practices […]
Running a small business isn’t cheap. As the saying goes: “It takes money to make money.” And that’s especially sure for the small business owner. I’m here to tell you about some of the money you may be spending this year that you can use for deductions at tax time that may lower the […]
Many would consider being a freelancer a dream job. You don’t need to commute, you can work when you want, and there is generally a lot of freedom. But when tax season comes around, freelancers will remember the one thing that isn’t so fun about their work style. If you’re a freelancer, you already know […]
