Bookkeeping

It can reveal if you should borrow more money to open another business location, cut costs or profit from a sale. It can also help you find and attract investors ― who will undoubtedly want to see that statement before […]

In-depth analysis, examples and insights to give you an advantage in understanding the requirements and implications of financial reporting issues. In over 40 years of practice, Mr. Dalal has accumulated an extensive background in various fields and industries. There might […]

Under the accrual basis of accounting my business will report the $10,000 of revenues I earned on the December income statement and will report accounts receivable of $10,000 on the December 31 balance sheet. The cash accounting method records revenue […]