
Bookkeeper Responsibilities List
Reading Time: 4 minutes Whether it’s issuing invoices, logging expenses and reconciling bank statements, or identifying errors, bookkeepers play a critical role in the success of any business. Many
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Reading Time: 4 minutes Whether it’s issuing invoices, logging expenses and reconciling bank statements, or identifying errors, bookkeepers play a critical role in the success of any business. Many
Reading Time: 3 minutes As business owners face more and more pressure to sustain through a shaky economy, many are realizing their current bookkeeping strategy is not longer tenable.
Reading Time: 8 minutes If you’re worried you might have errors in your bookkeeping, or are concerned you might need an expert to take a look, you are not
Reading Time: 5 minutes Bookkeeping involves dealing with a lot of numbers, which is why it is advised to establish routine checks for your accounting books to avoid anomalies.
Reading Time: 4 minutes Accounting clerks and bookkeepers both contribute to the management of a company’s financial records and share the responsibility for documenting, confirming, and reporting business transactions.
Reading Time: 4 minutes It’s always a good idea to conduct random audits of your company’s financial books to make sure that your company’s data is stored in the
Reading Time: 6 minutes A financial audit ensures that the financial statements are prepared in accordance with the applicable reporting framework (GAAP). It increases the confidence of the public,
Reading Time: 3 minutes Despite the fact that 70% of small firms are focused on enhancing their financial stability, almost 30% of them still experience negative cash flows as
Reading Time: 5 minutes Employee benefits accounting involves complex documentation, financial planning, and specific rules and regulations to adhere to. We have gathered some general advice to deal with
Reading Time: 6 minutes Business owners spend hours attending meetings with the accounting department. Since cash flow is one of the important aspects of any business, every business owner
Reading Time: 5 minutes Keeping records of your sales, purchases, and expenses is not only a good business practice, it’s essential. Your receipt and record keeping practices impact every
Reading Time: 4 minutes Each tax season, many business owners and individuals discover they owe the IRS late filing penalties and/or late payment penalties. But, more often than not,
Reading Time: 6 minutes With the year coming to a close, interest rates shifting, and layoffs hitting the tech industry, the turn into 2023 is proving uncertain as ever.
Reading Time: 6 minutes The value of bookkeeping and accounting extends to assisting the business in assessing its value and timely decision-making for the future. Additionally, it makes it
Reading Time: 6 minutes It seems like since 2020, no year in business has been conventional or followed the norm. Recession is the talk of the town since the
Reading Time: 7 minutes You might have read and enjoyed our recent article on the Top 5 Reasons People Change Accountants, and while it’s great to know what we
Reading Time: 5 minutes When a client hires an accountant, they want to feel that they are important and a priority for their accountant, but many times people make
Reading Time: 5 minutes Success for small businesses and startups alike depends on effective financial management and having someone dedicated to that process. Following accounting best practices and employing
Reading Time: 4 minutes The cryptocurrency market is booming each day. Investors, companies, and institutions have taken notice of it. Moreover, it has already been included in your taxation
Reading Time: 3 minutes Telehealth, Medical Professionals and Accounting: What You Need to Know Covid-19 has affected almost all walks of life. It has brought turmoil to the overall
Reading Time: 3 minutes Should a Doctor or Dentist Hire an Accountant to do Bookkeeping for the Medical Practice? This is a frequently asked question in our thread. Whenever
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For assistance in planning and transferring your US assets to Canada please contact our colleague Phil Hogan, CPA, CA, CPA (CO) at 250-661-9417 or via email at phil@philhogan.com
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