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Thought Leadership from the Leaders in Virtual Accounting and Bookkeeping Services
7, April
2021

How Management Reports Compare to Financial Reports

There is a substantive difference between financial reports and management reports yet plenty of people confuse these unique reports for one another.  Though most people are unaware of exactly how these two reports differ from one another, there is no excuse for a professional to not understand each report's respective content and purposes.  Below, we eliminate the mystery, detailing exactly how management reports and financial reports are different.

31, March
2021

What is a Chart of Accounts?

The chart of accounts, or COA, is an accounting term that refers to the list of all the accounts used in the general.

30, March
2021

Everything You Need to Know About Accounts Payables

Accounts payable is a detailed list of a company's debt and liability owed from the purchase of services and goods..

10, August
2020

10 Basic Accounting Terms Defined

While not everyone has the opportunity to study accounting, a CEO needs to possess knowledge of all aspects of a.

24, March
2020

COVID-19 A Guide Through The Families First Coronavirus Response Act

(photos courtesy of our AccountingDepartment.com work-from-home families)

As you may know, the government has created a.

9, March
2020

It's Never too Early to Plan Your Exit Strategy 

When you're still experiencing the exhilaration of founding a new business, planning an exit strategy may appear.

 
exit strategy alignment
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