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Time Tracking

Keeping track of how you and your workers spend time is one of the most important things you can do in your business. Labor costs can be a large portion of expenses, and understanding how time is spent can help you manage your business better in a multitude of ways....

The Concept of Independence in Accounting

Independence is a key concept in accounting, especially in the assurance or auditing area of accounting. Assurance services are services where a licensed CPA reviews an organization’s financial statements and accounting records and provides an opinion about them. This...

Preparing for Tax Prep: 5 Tips

Prepare for preparation? Yes, it’s more than a good idea. It can have significant impact on your tax obligation. You know how onerous tax preparation itself can be. So you probably don’t like to even think about it until those deadlines loom. But some planning and...