by Admin | Feb 24, 2021 | Accounting
Before cloud-based accounting software was widely used, desktop-based accounting software dominated the accounting software market. Data storage in desktop accounting software is usually stored on a computer hard drive, in addition, desktop-based accounting software...
by Admin | Feb 5, 2021 | Accounting
What Is Accounting? Accounting consists of three basic activities-it identifies, records and communicates the economic events of an organization to interested users. Identifies. A company identifies the economic events relevant to its business. Records. Recording...
by Admin | Jul 8, 2020 | Accounting
Every business deals with financial data. It’s how business owners gain insights as to whether their company is doing well or not in the global market. Hence, accountants and bookkeepers are engaged to organise and analyse the numbers. But do accountants and...
by Admin | Jun 17, 2020 | Accounting
involves the presentation of financial information for internal purposes to be used by management in making key business decisions. Techniques used by managerial accountants are not dictated by accounting standards, unlike financial accounting. The presentation of...