For example, shouting at people in traffic or sulking during an argument. It could also be positive such as being able to face adversities with greater strength at every point in life. Transactional Analysis thus brings your attention to self – how you communicate with…

Founded in 1985, Topp & Lau, Inc., is a full-service accounting firm specializing in accounting, taxation, business strategy, and succession planning. Its team serves business owners, executives, and independent professionals from Santa Ana and the surrounding areas. The firm offers clients a one-on-one consultation and…

The obligation to pay the vendor is referred to as accounts payable. Even if you’re not an accounting guru, liabilities accounts list you’ve likely heard of accounts payable before. Accounts payable, also called payables or AP, is all the money you owe to vendors for…

A debit to a contra-asset account decreases its value and a debit to the account increases its value. However, both pertain to the “wearing out” of equipment, machinery, or another asset. They help state the true value for the asset; an important consideration when making…

Delaware’s taxation structure has different tiers for LLCs, LPs, non-profit bench accounting api corporations, and for-profit corporations. Instead of doing hours of research on how to calculate Delaware franchise tax, use our tool what is a marginal tax rate to get answers in minutes. LLC/LP’s…

Based on the reason for investment, the way of handling the funds is determined. Depending on the current state of the market conditions, bonds can also sell for more than par. Coupon payments are based on the par value of the bond, rather than the…

It’s not surprising either, the UK housing market has seen record levels of house prices and housebuilders have been reaping the rewards. That’s allowed them to keep cash on the books and boost inventory levels. Businesses with lots of large, expensive machinery, such as manufacturers,…

A virtual accounting assistant at the helm of your tax duties gives you peace of mind. The completion of invoices and ledgers requires technical expertise. A virtual assistant with an accounting background can pull off this task, recording all transactions your business makes with clients…

AI can automate data entry and transactional reconciliations, drastically reducing the manual effort involved in bookkeeping. Furthermore, the automation of routine tasks like invoice processing, approvals, and report generation leads to a more streamlined and efficient workflow. In conclusion, the integration of AI in accounting…

Start by determining your operation’s net unearned revenue income and then converting the accrual net income into operating activity cash flows. The amount of cash or cash equivalents your business needs varies depending on your industry, your objectives, and how much debt you have. However,…