What Are Internal Controls Over Financial Reporting?
Understand the essential systems and processes companies use to ensure the accuracy and reliability of their financial reporting.
Auditing and Corporate Governance
What Happens If I Make 2 Extra Mortgage Payments a Year?
Explore the surprising financial advantages of accelerating your mortgage payoff. A small adjustment can yield significant long-term savings.
What Is Accounts Receivable and How Does It Work?
Understand accounts receivable: money owed to your business, vital for cash flow and assessing financial health.
Can You Extend Your Dave Repayment Date?
Learn how to manage your Dave ExtraCash repayment dates and what happens if you need more flexibility.
How to Close Revenue Accounts Step by Step
Understand the crucial procedure for closing revenue accounts, ensuring accurate period-end financial reporting and a smooth start to your next fiscal cycle.
What Is the Indirect Method for Cash Flow Statements?
Learn how the indirect method transforms accrual net income into actual operating cash flow, revealing a company’s true cash generation.
How to Do the Month End Close Process
Guide your business through the essential month-end close, ensuring accurate financial data for informed decisions.
What Is a Tax Assessment and How Does It Work?
Understand tax assessment: the process by which government bodies determine your tax liability. Learn how it works across various taxes and what to do if you disagree.
What Is Assignment of Benefits (AOB) in Medical Billing?
Understand the Assignment of Benefits (AOB) agreement. Learn how it impacts medical payment flows and your financial obligations with healthcare providers.
When Do K-1s Need to Be Issued? Key Tax Deadlines
Discover the crucial timing for K-1 tax document distribution. Gain clarity on the regulatory schedule and ensure seamless tax preparation.
Do Nonprofits Have to Charge Sales Tax?
Understand nonprofit sales tax obligations. Navigate intricate state rules for collecting, remitting, and claiming rightful exemptions.
What Is the Difference Between Credit and Debit in Accounting?
Demystify debits and credits: Grasp the foundational language of accounting to understand how financial transactions are recorded and balanced.
How to Calculate the Nominal Rate of Interest
Calculate the unadjusted interest rate for financial decisions. Grasp its core components and significance in understanding loans and investments.
How to Calculate Days on Hand: The Formula Explained
Uncover the formula for Days on Hand (DOH) to measure inventory efficiency and liquidity, offering key insights into your business operations.
What Is a Global Period in Medical Billing?
Understand the medical billing global period. Learn how it bundles all related care for a procedure into a single, comprehensive payment.
When Is Payroll Tax Due? Federal & State Deadlines
Stay compliant with federal and state payroll tax obligations. Learn about essential deposit, filing, and reporting deadlines for your business.
What Is the H&W Line on My Paycheck?
Demystify the H&W line on your paycheck. Explore what Health and Welfare means for your compensation, its purpose, and tax implications.
How Late Can You Be on an Electric Bill Before a Shut Off?
Gain clarity on electric bill payment expectations, understanding the stages of potential service interruption and how to resolve issues.
How to Calculate the Accrual Rate for PTO
Understand the precise rate at which you earn paid time off. This guide offers a clear, practical approach to calculating your PTO accrual.
When Is a Loan a Liability vs. an Asset?
Gain clarity on loans: discover when they are an asset and when they are a liability, from different financial standpoints.