Headquartered in Oak Brook Terrace, IL, Crowe Horwath was formerly headed by Chief executive Charles Allen. Under his direction, the firm announced the addition of the Dynamics automotive consulting team
In this article, I am going to go over the ins and outs of unearned revenue, when you should recognize revenue, and why it is a liability. Don’t worry if
There’s no standardized set of subcategories or required amount that must be used. Management can decide what types of classifications to use, but the most common tend to be current
Several variables, including geography, experience level, and company size, affect the typical salary for a data entry operator. Generally, this profession pays between back office accounting services $20,000 and $35,000
Introducing a new system can meet resistance from employees used to the old methods. Overcoming this calls for successful change management tactics, similar to persuading a team to adopt an
When an account is reconciled, the transactions on the bank’s statement and the records kept by the account holder should be the same. When managing a checking account, it is
However, when reporting such proprietary activities, all those functions should be contained in one fund. A fund is an accounting entity with a self-balancing set of accounts that is used
The time card records the name of the employee, the working day, the entry time and the exit time. The check printed from a cash register provides proof that a
GAAS helps to ensure the accuracy, consistency, and verifiability of auditors’ actions and reports. The Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants (AICPA) created GAAS. A