Accounting Tools

NOVEMBER 2, 2023

Indirect Effects of a Change in Accounting Principle An indirect effect of a change in accounting principle is a change in an entity's current or future cash flows from a change in accounting principles that is being applied retrospectively. You do not have to retrospectively adjust financial results for indirect effects.

Financial Statements 40

Financial Statements Accounting Accounting Tax 40

Accounting Tools

AUGUST 3, 2023

Only change a policy when the update is required by the applicable accounting framework , or when the change will result in more reliable and relevant information. When there are no transition requirements that accompany an accounting standard , apply the change retrospectively.

Accounting 40

Accounting Accounting Financial Statements Bookkeeping 40

Counto

JANUARY 8, 2024

Compulsory Registration (Retrospective Basis): If global turnover exceeds S$1 million annually If supply of low-value goods and digital services to non-GST registered customers in Singapore exceeds S$100,000 annually. Prepare the required supporting documents in soft copy before starting the application process.

Tax 52

Tax Collections Auditing Invoicing 52

Accounting Tools

JULY 15, 2023

The materiality concept is used frequently in accounting, especially in the following instances: Application of accounting standards. Related Articles Materiality Constraint Materiality Principle If users would not have altered their actions, then the omission or misstatement is said to be immaterial. Minor transactions.

Financial Statements 40

Financial Statements Accounting Accounting Computation 40

Jetpack Workflow

FEBRUARY 22, 2023

This article will cover five ways to boost your accounting firm’s productivity, including tips on the best tools to ensure you’re running efficiently, organized, and up to date all year round. Conduct a Retrospective with Your Team Think of a retrospective as an audit or review strategy for a given period.

Accounting 52

Accounting Accounting CPA Auditing 52

Nanonets

DECEMBER 15, 2023

Real-World Application : BANT is particularly effective in high-value B2B sales, like enterprise software solutions. Real-World Application : CHAMP works well in situations where solving a problem is the primary driver of the sale, such as in IT services. An example would be working with a business looking to expand.

Budgeting 52

Budgeting QuickBooks Invoicing Collections 52

Cloud Accounting Podcast

AUGUST 11, 2020

I've got an article in CPA Trendlines, an opinion piece - "When Time-Based Pricing Works." I'm here all weekend. David Leary: [00:06:16] On the other side, there was an article. They really did a good job partnering with the community banks, and they helped 270,000 applicants get $6.5 I don't know. What Kabbage did .

QuickBooks 40

QuickBooks Microsoft Excel Billing Payroll 40