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Huddleston Tax CPAs | Accounting Firm In Seattle

Huddleston Tax CPAs | Accounting Firm In Seattle

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accounting

ifrs vs us gaap

June 22, 2025 By john

IFRS vs. US GAAP: Bridging the Gap in Financial Reporting

Financial statements are the backbone of assessing a company’s financial health. However, the way this information is presented can vary significantly based on the accounting standards applied. Two dominant frameworks—International Financial Reporting Standards (IFRS) and Generally Accepted

Filed Under: accounting

feminine hands writing on a sticky note on top of a planner

October 6, 2024 By john

Accountants and the Skills Gap

The accounting profession is facing a significant skills gap, driven by a combination of factors: Increased Demand: The complexity of modern businesses, coupled with regulatory changes and technological advancements, has led to a surge in demand for accounting services. This is in part due to

Filed Under: accounting

October 3, 2024 By john

Cash Flow vs Cash Position

When evaluating a company's financial health, both cash flow and cash position are vital metrics. While they are often used interchangeably, they represent different aspects of a company's financial performance. Cash Flow: The Lifeline of a Business Cash flow is the net amount of cash that

Filed Under: accounting

a woman holding a question mark in front of her face

February 17, 2023 By john

What are the most common questions CPAs get asked?

The role of a CPA is to help clients manage their finances and taxes. As an expert in accounting, you're expected to have answers for your clients when they have questions about their future, their business, and what to expect come tax day. The following is a list of some of the most common

Filed Under: accounting

a tablet with a shopping cart on someone's legs wearing pajamas and a coffee in their left hand

May 13, 2022 By john

5 Unique Challenges of E-Commerce Accounting 

E-commerce accounting presents specific challenges over the traditional method of accounting. While traditional accounting has always relied on what is in print on paper, e-commerce accounting isn't the same. Everything is electronic, and for most ecom businesses, transactions can happen from myriad

Filed Under: accounting

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