September 09, 2019
Charles Lutwidge
Getting a top-notch job position with accounting and finance
It is a field that is directly related to the very concept of money, the management and control of the business with a direct focus on professional employment in this area. The terms accounting and finance are not always complete...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
September 09, 2019
Charles Lutwidge
What Is Management Accounting
Management accounting is an essential process that creates accountability for managers. The information that is contained in the executive audit is re-packaged into the form of reports. These reports include a wealth of financial information and statistical data that is...
September 09, 2019
Charles Lutwidge
Cash Basis Accounting
Introduction: As the adage goes, “Accounting is the language of business.” If money is the entrepreneur’s fuel to run the business, accounting is the heart of financial matters. It is crucial to have a good understanding of which accounting method...
September 08, 2019
Charles Lutwidge
How to use the Retained Earnings Formula to track the profits your business has earned and kept
As a small business owner, you’re focused on providing a profitable product or service and achieving business growth, meaning more cash for you now plus a higher sale price in the future. Having accurate financial data is a priority for...
September 06, 2019
Charles Lutwidge
Introducing Balance Sheet
Introduction: Q: What do you call a friend who loves Math? A: Algebro! Accounting folks, in this article, you have to unleash the algebro in you and learn to solve the mystery there is in retained earnings.If you ever saw...
September 06, 2019
Charles Lutwidge
What is the accounting equation formula?
Introduction: The word ‘equation’ gives a feeling of anxiety or maybe a cringe for two kinds of people in the world: those who don’t love Math and those who aren’t loved by Math either. So, the term, accounting equation sounds...
September 06, 2019
Charles Lutwidge
Accrual basis as an accounting method
Introduction: What is accrual accounting? The word “cruel,” in its most specific definition, means willfully causing pain or suffering to others. The accrual basis of accounting is considered a complicated accounting method that requires thorough attention to all financial activities...
July 10, 2019
Charles Lutwidge
What is bookkeeping, and how does it operate today?
Reporting is engaged in the system of registration and streamlining of all financial data of the enterprise. The organization of the accounting department and the high standards of professional bookkeeping practice is of paramount importance for any enterprise. Besides, an...
