Bookkeeping differs from accounting in that the accountant is responsible for accounting records, sales documentation, purchases, payments made, etc. This information is kept in the assigned books or ...

The pace of change is accelerating in almost every aspect of the accounting profession, the general economy, and society at large, and accountants must do more just to keep up, warned technology ...

With so many accounting standards, it can be hard to keep up with them all. The move to International Financial Reporting Standards may simplify matters, by reducing the number of rules and making the ...

Whether your business is typically the one sending the invoices or receiving them, you'll need to keep track of the pieces of paper to ensure flawless accounting. Without taking steps to organize your ...

Small-business bookkeeping involves setting up a framework, choosing your method and keeping track of details. Many, or all, of the products featured on this page are from our advertising partners who ...

HMRC expect you as a practice owner to maintain proper accounting records and there are financial penalties if such records are not kept and regularly updated. Keeping accounting records means three ...

For many small businesses, the most common bookkeeping errors are the easiest to fix. Use these tips to help keep your business on a sound financial footing: -- Use the right accounting system. Most ...

After starting three small businesses, I've learned firsthand the headaches that accounting causes for most small business owners. It’s one of those back-office tasks that never cross your mind when ...

Restaurants survive – or don't – on razor-thin profit margins, so operators of even the smallest restaurants can improve their odds of success by keeping careful accounting records. Good ...