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After starting three small businesses, I’ve learned firsthand the headaches that accounting causes for most small business owners. It’s...

Trying to run a business without good financial statements is like trying to call football plays without knowing the information on the...

Whether it’s a 50-person firm or one with a workforce of 5,000, companies rely on chief financial officers for critical duties and...

As one of the more common bookkeeping questions we hear, the difference between Operating Expenses (OE) and Cost of Goods Sold (COGS) is...

The two important parts of the financial statement are the Balance Sheet and Profit & Loss account. Without the preparation of these two...

Preparing your own business tax return, especially for the first time, can be a frustrating experience if you don't have all the...

​The double entry bookkeeping system is based upon the fact that every transaction has two parts and that this will therefore affect two...