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Vaping as good as Chantix to help quit smoking: JAMA study

Set up recurring invoices and automatic credit card payments for your repeat customers and stop chasing payments. Wave invoices are integrated with our free accounting software, so payments are recorded and categorized for you – which means less bookkeeping and tax season prep. Create beautiful invoices, accept online payments, and make accounting easy—all in one […]

Best Accounting Software for Small Businesses of 2024

Wave and QuickBooks Online are the two pricing extremes of self-service accounting software. Sage Business Cloud Accounting starts at $12.00 per month, Xero at $12.00 per month, FreshBooks at $15.00 per month, and Zoho Books at $0.00 per month (for businesses with less than $50K in annual revenue). Compared to QuickBooks which can cost as […]

Outstanding Checks: Definition, Handling, and Risks

If you possess an outstanding check, it’s good to deposit it as soon as possible to avoid having it go stale. While there are many risks with outstanding checks, there are simple steps you can take to avoid them. If you do write a new check, it may be safest to request that the old […]

Term Vs Whole Life Insurance: Which Is Right for You?

However, changes in tax deductions, IRS regulations, or other life events can mean a nasty surprise when you prepare your tax return. Yes, the catch-22 of student financial aid is that the more money you have, the less aid you’ll be eligible for. That’s enough to make anyone wonder if it isn’t better to spend it […]

The Essential Guide to Grant Management

These grants are treated as deferred income and allocated in proportion to depreciation on related assets. The grant is recognized in the statement of activities over the useful life of the asset. A government grant is recognized only when there are reasonable https://www.bookstime.com/ guarantees that the nonprofit will comply with the conditions attached to the […]

Cash Flow From Investing Activities Explained: Types and Examples

Usually, these are identified through the changes in the fixed assets section of the long-term assets section of your balance sheet. For example, payments for the purchase of land or building, cash receipts from the sale of equipment, etc. In a nutshell, we can say that cash flow from investing activities reports the purchase and […]

A Roadmap to Comparing IFRS Standards and US GAAP: Bridging the Differences Deloitte US

Over 1.8 million professionals use CFI to learn accounting, financial analysis, modeling and more. Start with a free account to explore 20+ always-free courses and hundreds of finance templates and cheat sheets. Under US GAAP prior to 2015, debt issuance costs were capitalized as an asset on the Balance Sheet. How IFRS impacts US companies […]

How to Become an Accountant Consultant Path, Duties, Skills

Accounting consultants need to possess excellent interpersonal and communication skills. These skills come into play when they need to elucidate complex financial data to non-financial professionals within an organization. When you provide accounting consulting services, you do more than make sure the numbers add up. As a CPA consultant, you analyze the numbers and trends and […]