The accounting system for your business consists of several types of records. Although there are many types of underlying financial records, such as invoices, journals, and receipts, the major ...

Not all forms of accounting are the same. Some focus on costs, others on audits and some focus on taxes. While having a solid handle on your business’s finances is essential, how you track business ...

Every corporation, even a small private one, has shareholders. It is part of the legal structure. They can be founders, employees and, in some cases, outside investors. If you have a corporation or ...

Cash basis accounting records when cash actually changes hands in a transaction, providing a real-time view of your financial position that reflects the actual cash flow of a business or individual.

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Whether you are an independent contractor or a ...

The Internal Revenue Service has released a memorandum to its examiners instructing them on what types of information they are now allowed to get from small business taxpayers’ accounting software ...

Last week in a discussion with a business coaching client, I asked if she had updated bookkeeping and accounting records that would help her make the best business decision for a big question about ...

Would your company survive a devastating disaster or business interruption? This is a question that has been at the forefront of most business' concerns for a few years now, and one that needs to be ...