Many states in the United States require candidates to complete a master’s degree in accounting in order to sit for the CPA exam. Now computers have also become very popular and accounting software has also become cheaper and many small...

These challenges can accumulate over time, creating more significant problems for the organization in the future. In contrast, outsourcing accounts payable presents a solution to address these challenges and positions the company to remain competitive and thrive in the dynamic...

Once it becomes clear that a specific customer won’t pay, there’s no longer any ambiguity about who won’t pay. Let’s say your total sales for the year are expected to be $120,000, and you’ve found that in a typical year,...

In order to determine how our bookkeeping services can best help you run your business, we will start with a thorough assessment of your needs and then design a system that can grow alongside your company. Outsource your bookkeeping and...

You may be helping them play catch-up to get organized not only in the current year, but also in previous years. I often mention that, starting out as a bookkeeper, you can charge $40 per hour to your clients. Then,...

For more information please see the Social Security Administration website. A taxpayer whose ITIN has been deactivated and needs to file a U.S. return can reapply using Form W-7, Application for IRS Individual Taxpayer Identification Number. – When someone who...

Intellectual property can be very significant for cutting edge technology companies. Think of competitive advantages due to a certain methodology or patent/manufacturing advantage. The Sensodyne brand has positive equity that translates to a value what is public accounting premium for...

You should also segregate your cash sales and those made using credit cards. Regardless of whether you separate these transactions in your sales record or not, your total daily sales should still be balanced. One of the first steps you...

PwC refers to the US member firm or one of its subsidiaries or affiliates, and may sometimes refer to the PwC network. This content is for general information purposes only, and should not be used as a substitute for consultation...