Accounting and Taxation

Accounting and taxation may have some overlap, but are distinct disciplines. Accounting involves analyzing an organization’s finances as a whole while taxation refers to specific procedures that businesses must follow when filing tax returns. Tax accounting encompasses methods used to compile financial statements for taxes, such as the cash method or accrual method, or inventory […]

5 Accounting Apps That Can Help You Simplify Your Finances

Whether you’re a small business owner or an accountant, there are tons of different accounting apps that can help you keep track of your finances. However, finding the right one for you can be a little confusing. Here are a few different popular options to help you out. Zoho Books Whether you are a small […]

Best Financial Accounting Courses

If you’re planning on starting your career as a financial accountant, one of the Best Financial Accounting Courses is the Introduction to Finance and Banking Specialization at The University of Pennsylvania. This course provides an overview of the three basic financial statements: the income statement, the balance sheet, and the statement of cash flows. You’ll […]

Understanding Basic Accounting Terms

You probably have heard of Basic Accounting Terms before, but you don’t know exactly what they mean. This guide explains these terms and provides easy-to-understand definitions. A basic understanding of accounting is important for anyone who earns income. It’s even helpful for those who run small businesses, because having a basic understanding of how accounting […]