Accrued Expenses: Explained
Accrued expenses, also known as accrued liabilities, refer to expenses that are recognized on the books before they have been paid.
Dennis Najjar · Nov 30, 2022
The Pros & Cons of Accrual Accounting
If you’re like most business owners, you may not necessarily be familiar with the options in accounting methodologies. Learn more about accrual …
Dennis Najjar · Jul 20, 2022
The Benefits of Accrual Accounting for Your Business
Accounting methods are tools for businesses to use in order to record their finances and keep track of their finances.
Dennis Najjar · Jul 17, 2021
Cash Basis or Accrual Basis: Which should you implement?
Cash and Accrual basis accounting are different in their own ways, but what matters most is that you implement the optimal method for your unique …
Dennis Najjar · Apr 5, 2021
Cash or Accrual Accounting: How to Decide and What Happens if You Change Your Mind?
How to decide between cash and accrual basis accounting when considering small business accounting regulations.
Dennis Najjar · Jun 26, 2019
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 …
Bill Gerber · Jul 28, 2017