Accounting Basics

Outsourcing Financial Documents

           When most people think of outsourcing they think of people moving their company or product to another country to have it cost less so they can make more money.  I will be writing about the outsourcing of financial documents.  This is about a company having another company somewhere around the world look over their documents for a cheaper price then bringing in more ...

Online Accounting Services

Accounting is defined by the American Institute of Certified Public Accountants (AICPA) as “the art of recording, classifying, and summarizing in a significant manner and in terms of money, transactions and events which are, in part at least, of financial character, and interpreting the results thereof. Accounting is thousands of years old; the earliest accounting records, which ...

Master's Degree in Accounting Entry-level Job Salary?

I live in NJ. I got my B.S in accounting from Rutgers University in NJ. (GPA: 3.25) I also got my master's degree in financial accounting from Rutgers. (GPA: 3.45) I have few volunteer and internship experiences in accounting industry. (local CPA office, VITA) I am in process of getting CPA license taking first part this month. As an entry-level ...

Globalization's Continuing Impact on American Accounting

Globalization is effecting the accounting profession more than it ever has before.  The most recent impact has come from the imminent change from U.S. GAAP to IFRS.  Although the change isn’t expected to happen for several years, the switch is already starting to have an effect on accountants.  Besides the CPA’s preparing the new financial statements, accounting majors and ...

How Does Accounting Online Work

Since we invented the online process in 1998 over 4,000 US based accounting outsourcing and bookkeeping firms have embraced the concept of doing your bookkeeping from their office using ...

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