Accounting Articles

Accounting is the bookkeeping methods involved in making a financial record of business transactions and in the preparation of statements concerning the assets, liabilities, and operating results of a business.

Keeping Accurate Corporation Tax Records

All companies are required by law to maintain records of those company transactions in a manner that must be adequate to enable the company to produce an accurate Company Tax Return....

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Online Accounting

With the Internet changing, updating, speeding up every day - it seems inevitable that eventually we will all be living, breathing and working in the ‘Cloud'. Services, software and products will all be online due to their easy and flexible accessibility....

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Understanding the Concept of Income Statement, Revenue and Income

The information on how a business becomes successful is measured through its income statement. This part of the financial statement shows the increase or decrease of owner's equity during a given period. It also indicates the specific factors responsible for the change....

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Accounting Records Go Digital - What are the Benefits?

The world of accountancy has turned fully automated. Although not all accounting offices have upgraded their system, high class ones did it and to the advantage of clients, especially businessmen....

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Profit from Better Bookkeeping

A bookkeeper handles the day-to-day financial record-keeping and reporting associated with the operation of a business. Bookkeeping is just one process in the accounting system....

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The Growth of Your Business - Why You Need a Bookkeeper

If you own or manage your own business, bookkeeping is not the most effective way for you to use your time. Your valuable time could be spent on sales, courting existing customers and managing your employees....

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Outsourced Bookkeeping

When you feel like you need more people, having a bookkeeping partner is a great resource. Outsourcing firms can add employees to your account without any operational costs to you....

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Hiring a Good Tax Accountant Toronto

A tax accountant that specializes in business may also provide consultation services to assist with decisions that may impact income taxes....

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