Bookkeeping

Dividend recapitalization—if a company’s shareholders’ equity remains negative and continues to trend downward, it is a sign that the company could soon face insolvency. Every […]

There can be many scenarios when the balance in the capital account can change. For instance, if a business loses money, the balance from the […]

A pulse survey each month is probably the least you should be doing. We offer an environment where exceptional talent can build lasting careers. To […]

The income and retained earnings of the accounting equation is also an essential component in computing, understanding, and analyzing a firm’s income statement. This statement […]

This credit needs to be offset with a $25,000 debit to make the balance zero. Closing entries offset all of the balances in your revenue […]

As you add these assets, remember to adjust for accumulated depreciation. Ideally, your trial balance or general ledger will list these numbers. The most liquid […]

Other times, an outlier may hold valuable information about the population under study and should remain included in the data. The key is to examine […]

If you have ever had these two services separated, you know that integrating your retirement plan with payroll is an absolute necessity. This not only […]

For businesses with variable income, staying on top of quarterly estimates is paramount. Proactively managing your quarterly estimates ensures financial stability and prevents potential setbacks […]

Generally Accepted Accounting Principles (GAAP or US GAAP) are a collection of commonly-followed accounting rules and standards for financial reporting. Securities and Exchange Commission (SEC), […]