Transit Trade and Accounting Procedures Due to its exemption from taxes and various duties, transit trade has become a more prominent transaction type, especially during the COVID-19 pand
What Is Inflation Accounting? Inflation accounting is a financial reporting method that adjusts a company’s financial statements to reflect the impact of inflation, ensuring a more
Things to Consider When Choosing an Accountant In my client meetings, the first thing I ask is, "What's the reason you're looking for an accountant?" Most business owner
What is R&D? Concept, Activities, and Importance General Definition of R&D Research and Development (R&D) is the totality of planned, creative, and scientific activities co
What is EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization)? Why is it so important in measuring company performance? EBITDA, or EBITDA as it is known internationally
What is an Accounting Account Code? Accounting account codes are digital identification codes used to organize all financial transactions in an organized manner. This code system makes ac