Financial statements are the cornerstone of understanding a company's health. But how companies present this information can differ depending on where they operate. This is where IFRS and US GAAP come in. Setting the Stage: IFRS vs US GAAP The International Financial Reporting Standards (IFRS)
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
Cash Flow vs Cash Position
Cash flow and cash position are important measures of a company's financial health. Both can be useful in different scenarios, but they measure different things. Knowing the differences between cash flow and cash position is essential to understanding what these figures mean for your
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