Categoria: Bookkeeping

  • accounting scandals 4

    2025 GINA Global Strategy for Asthma Management and Prevention Guideline Summary 2025 Update Top-tier US investment bank Lehman Brothers concealed over $50 billion in loans, masquerading them as sales through accounting trickery. Key executives, including CEO Leland Brendsel, COO David Glenn, and CFO Vaughn Clarke, were found to have been complicit. Consequently, Freddie Mac was…

  • accounting software for startups 5

    10 best accounting software for startups 2025 guide Quality automation software scans each receipt and extracts the data using optical character recognition (OCR) technology, ensuring the receipt is properly categorized and stored. Since the software can require a receipt with every transaction, you can be sure that every expense has the documentation it needs. Choosing…

  • Fiscal Year Fy Definition 3

    Fiscal Year FY Definition & Overview In many jurisdictions, businesses must file tax returns based on their fiscal year, which can influence cash flow management and strategic planning. Understanding the implications of the fiscal year on tax liabilities is crucial for financial managers and accountants to ensure Fiscal Year Fy Definition compliance and optimize tax…

  • Fiscal Year Fy Definition 1

    Understanding Fiscal Years and Fiscal Periods UC Irvine These three financial statements provide a comprehensive view of your business’s operations, profitability, and cash health at the end of the fiscal year. They are essential not only for internal analysis but also for compliance with accounting standards and tax laws. Many technology startups opt for fiscal…

  • Designing an Effective Chart of Accounts for Churches

    The planning and envisioning categories arise from the rules of stewardship one adopts. In the last analysis, however, any account definitions are arbitrary. The only justification for them is that they will prove helpful in supporting and managing my notion of the church’s ministries, and that is clearly a judgment call. There are many more…