Finance & Accounting Archives

Finance & Accounting

A Complete Guide to Financial Statements: What are They and How to Read Them

Financial statements are critical tools for evaluating a company’s financial position. They offer valuable insights for business owners, investors, and financial advisors…

May 2, 2025

Finance & Accounting

Understanding Accounts Payable & How It Improves Your Bottom Line

Accounts payable (AP) refers to the money your business owes to suppliers, vendors, or creditors for goods and services purchased on credit.…

April 29, 2025

Finance & Accounting

Adoption of IFRS for SMEs Accounting Standard for First Time Startups – A Guide for Small and Medium-Sized Entities

Small and Medium-Sized Entities (SMEs) often face challenges in financial reporting due to complex accounting standards. They often follow local standards, GAAP…

April 8, 2025

Finance & Accounting

Mastering Startup Accounting: A Step-by-Step Guide for Entrepreneurs and Founders

Launching a new business is exciting, but it comes with its set of challenges. Needless to mention, one of the most vital…

March 7, 2025

Finance & Accounting

What are Liabilities in Accounting & How They Affect Your Business

Liabilities are a fundamental part of a company’s financial structure that appears on the balance sheet as obligations that must be settled…

February 27, 2025

Finance & Accounting

What is Internal Audit? Understanding Its Role & Importance

Internal Audits are not just a box-ticking activity. While some may question the essentiality of these audits, these audits serve a very…

February 21, 2025

Finance & Accounting

What is Depreciation? How It Is Calculated?

As a business owner, you invest in machinery, company vehicles, and even office equipment to run your business. With time, these assets…

January 29, 2025

Finance & Accounting

Accounts Receivable: How to Improve Your Chances of Getting Paid

The accounts receivable process serves as the backbone of any business’s financial health. It directly impacts your ability to operate and grow.…

January 16, 2025

Finance & Accounting

12-Step Accounts Cleanup Process for Solopreneurs and Small Business Owners

If you have employees, review your employees’ payroll records to ensure they are paid correctly and the records comply with tax laws.…

December 30, 2024

Finance & Accounting

GAAP in Accounting: Why is It Important for Success in Business?

Financial statements play a crucial role in managing your business’s health. Whether it’s disclosures, balance sheets, or income statements, accurate financial reporting…

December 13, 2024

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Finance & Accounting

A Complete Guide to Financial Statements: What are They and How to Read Them

Understanding Accounts Payable & How It Improves Your Bottom Line

Adoption of IFRS for SMEs Accounting Standard for First Time Startups – A Guide for Small and Medium-Sized Entities

Mastering Startup Accounting: A Step-by-Step Guide for Entrepreneurs and Founders

What are Liabilities in Accounting & How They Affect Your Business

What is Internal Audit? Understanding Its Role & Importance

What is Depreciation? How It Is Calculated?

Accounts Receivable: How to Improve Your Chances of Getting Paid

12-Step Accounts Cleanup Process for Solopreneurs and Small Business Owners

GAAP in Accounting: Why is It Important for Success in Business?