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CIMA names new president

Accounting Today

EDT 2 Min Read Facebook Twitter LinkedIn Email The Chartered Institute of Management Accountants named John Graham its next president, succeeding Simon Bittlestone, effective today. Yet, the finance and accounting profession continues to show remarkable resilience," Graham said in a statement. All rights reserved.

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What are GL Codes and how to assign them effectively?

Nanonets

These codes serve as the fundamental building blocks of a business’s financial structure, enabling the categorization of transactions into distinct accounts for revenues, expenses, assets, liabilities, and equity. The importance of laying a strong foundation for your accounting system cannot be stressed enough. Why use GL Codes?

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General Ledger (GL): Definition, Significance, Implementation

Nanonets

We'll unravel the Chart of Accounts, the backbone of the GL, detailing how transactions are organized and recorded. We'll also explore how to efficiently manage and utilize your General Ledger, including the implementation of modern software solutions to automate and streamline your accounting processes.