Basic accounting provides information to identify and classify financial transactions. Business owners often need basic accounting skills to manage their company's financial information.

Whereas you might only periodically consult your accountant, a bookkeeper touches base more frequently and handles daily accounting tasks. Regardless of who you hire, knowing basic accounting ...

Financial accounting is a specific type of accounting that uses standardized processes and guidelines for businesses to record their financial transactions and prepare financial statements for ...

Whichever small business bookkeeping and accounting system you choose, getting to grips with the basics will help you understand your company, make savvy business decisions and better manage finances.

Though many businesses leave their accounting to the pros, it’s wise to understand the basics of accounting if you’re running a business. To help, we’ll detail everything you need to know ...

In order to function, every business involves some form of accounting because accounting encompasses buying, selling, banking, assets, liabilities and taxes. The basics of business accounting are ...