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Latest Blogs

New Accounting Update Lower Costs for U.S. Nonprofits

Accounting and Bookkeeping

New Accounting Update: Lower Costs for U.S. Nonprofits

This blog discusses how reduced accounting costs could affect nonprofits and some of the advantages that outsourced accounting services provide in decreasing these costs while ensuring a compliant...

By Andrew Smith  |

2024-09-14 10:31:24

How New Tax & Accounting Changes Affect U.S. Financial Statements

Accounting

How New Tax & Accounting Changes Affect U.S. Financial Statements

The following article describes how the new tax and accounting changes will affect U.S. financial statements and how outsourced tax preparation services can simplify the...

By Andrew Smith  |

2024-09-14 10:04:45

CFO's Guide to Effective Cost Accounting for US Companies

Accounting

CFO's Guide to Effective Cost Accounting for US Companies

In the brisk pace of business today, effective cost accounting becomes an indispensable function that a US Company needs to maintain competitiveness....

By Andrew Smith  |

2024-09-14 08:29:22

U.S. ASC 606 Guidance for Real Estate Financed Sales

Financial Reporting

U.S. ASC 606 Guidance for Real Estate Financed Sales

Under U.S. ASC 606 guidance for real estate financed sales, revenue from customer contracts is strictly guided with the appropriate recognition....

By Andrew Smith  |

2024-09-14 08:11:34

U.S. Restaurants: Easy Adoption of New Lease Accounting Rules

Accounting

U.S. Restaurants: Easy Adoption of New Lease Accounting Rules

Applying the new lease accounting rules correctly 842 will be a sea change for U.S. restaurants. Not only are the new rules changing how companies book...

By Andrew Smith  |

2024-09-14 07:51:21

Outsourced Accounting: Streamlining Real Estate Finance in the U.S.

Accounting

Outsourced Accounting: Streamlining Real Estate Finance in the U.S.

The financial management of real estate in the U.S. is undoubtedly very time-consuming and extremely complex. Fluctuating markets, compliance requirements, and tax challenges more...

By Andrew Smith  |

2024-09-14 07:18:22

FASB’s New Rules: Lease Accounting for Common Control Arrangements

Accounting

FASB’s New Rules: Lease Accounting for Common Control Arrangements

In this blog, we will be breaking down the important parts of FASB's new rules and explaining what businesses should know and How they can ensure compliance. What Changes Can Be Expected in FASB's...

By Andrew Smith  |

2024-09-14 06:30:26

FASB Update: Simplified Income Tax Accounting for U.S. Businesses

Accounting

FASB Update: Simplified Income Tax Accounting for U.S. Businesses

The FASB Update simplifies the rules for income tax accounting, therefore making it easier for U.S. businesses to keep track of and follow the many complex tax rules and...

By Andrew Smith  |

2024-09-13 09:50:31

Key Factors to Evaluate Before Choosing a Payroll Outsourcing Service for Your Firm

Accounting and Bookkeeping

Key Factors to Evaluate Before Choosing a Payroll Outsourcing Service for Your Firm

Selecting the right Payroll Outsourcing Service is highly important for any firm operating in this modern world and seeking ways to reduce the level of hassle involved in managing...

By Andrew Smith  |

2024-09-13 08:14:20

How Bookkeeping Services Can Help U.S. Small Businesses Secure Funding

Accounting and Bookkeeping

How Bookkeeping Services Can Help U.S. Small Businesses Secure Funding

Any business has to keep precise books, but small businesses in the US that want to raise funding especially need to....

By Andrew Smith  |

2024-09-13 07:44:58