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28, July
2017

GAAP Principles: Using the Accrual Concept

The accrual concept of accounting is the only method that is recognized within GAAP principles, the generally accepted accounting principles that are used by professional accounting firms most SMBs and larger businesses. While a sole proprietorship can get away with using the cash based accounting method, as your business grows it may be time to make the jump to accrual concepts.

21, February
2017

Cash or Accrual Accounting: How to Decide and What Happens if You Change Your Mind?

The accounting method you choose to use can determine you show a profit in a given year. This directly affects your.

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