The matching principle ensures expenses are recorded in the same period as the revenues they help generate. For example, if costs for raw materials are incurred in one quarter but the finished product is sold in the next, the expenses…
Category: Bookkeeping
Complete Guide to Bank Reconciliation: Steps, Statements, and Key Benefits
This extra attention to detail can prevent errors from compromising your reconciliation. While we all try our best to minimise errors, inevitably a number will be mis-typed or a line will be skipped when entering transactions. Customer check of $1,250…
Fresno CPA Accountants Corporate Tax Services & Audit Advisor
To make sure your company is ready for and secure against cyber attacks, Fresno CPA Firm provides a wide range of cybersecurity services. Our employee benefit unearned revenue plan audit team is made up of devoted experts who have in-depth…