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Technology has contributed to the drastic change in the accounting field. Computer, phones, tablets etc. have changed the nature of accounting. They turned it into a fast- paced and dynamic profession. A lot of it is trying to automate the basic accounting activity, forcing accountants to revaluate how to provide value to clients. Today’s accountant has become a business consultant rather than a mathematical tool. The stereotypical “task-oriented” accountant is as outdated as the “shoebox full of...
Accounting Methods Two types of accounting methods exist in the business environment: cash basis and accrual. The cash basis method recognizes and records financial transactions when cash changes hands between parties. Accrual accounting recognizes and records financial transactions as they occur, regardless of when cash changes hands during the transaction. Application of Accounting Methods The cash model is only acceptable for smaller businesses for which a majority of transactions occur in cash and the use of credit is minimal....
Lorem ipsum dolor sit amet, nec in adipiscing purus luctus, urna pellentesque fringilla vel, non sed arcu integer, mauris ullamcorper ante ut non torquent. Justo praesent, vivamus eleifend torquent, suspendisse etiam lorem vestibulum, vestibulum in lorem nec vel, sit curabitur dui ligula vehicula quam. Nec in neque mauris, enim hac risus in lorem. Mi risus, feugiat egestas nunc vehicula vehicula libero. Nec sit ante, amet dictum sem suspendisse mollis magna placerat, sapien arcu non sit mollis...
Lorem ipsum dolor sit amet, nec in adipiscing purus luctus, urna pellentesque fringilla vel, non sed arcu integer, mauris ullamcorper ante ut non torquent. Justo praesent, vivamus eleifend torquent, suspendisse etiam lorem vestibulum, vestibulum in lorem nec vel, sit curabitur dui ligula vehicula quam. Nec in neque mauris, enim hac risus in lorem. Mi risus, feugiat egestas nunc vehicula vehicula libero. Nec sit ante, amet dictum sem suspendisse mollis magna placerat, sapien arcu non sit mollis...
Lorem ipsum dolor sit amet, nec in adipiscing purus luctus, urna pellentesque fringilla vel, non sed arcu integer, mauris ullamcorper ante ut non torquent. Justo praesent, vivamus eleifend torquent, suspendisse etiam lorem vestibulum, vestibulum in lorem nec vel, sit curabitur dui ligula vehicula quam. Nec in neque mauris, enim hac risus in lorem. Mi risus, feugiat egestas nunc vehicula vehicula libero. Nec sit ante, amet dictum sem suspendisse mollis magna placerat, sapien arcu non sit mollis...
Lorem ipsum dolor sit amet, nec in adipiscing purus luctus, urna pellentesque fringilla vel, non sed arcu integer, mauris ullamcorper ante ut non torquent. Justo praesent, vivamus eleifend torquent, suspendisse etiam lorem vestibulum, vestibulum in lorem nec vel, sit curabitur dui ligula vehicula quam. Nec in neque mauris, enim hac risus in lorem. Mi risus, feugiat egestas nunc vehicula vehicula libero. Nec sit ante, amet dictum sem suspendisse mollis magna placerat, sapien arcu non sit mollis...
Lorem ipsum dolor sit amet, nec in adipiscing purus luctus, urna pellentesque fringilla vel, non sed arcu integer, mauris ullamcorper ante ut non torquent. Justo praesent, vivamus eleifend torquent, suspendisse etiam lorem vestibulum, vestibulum in lorem nec vel, sit curabitur dui ligula vehicula quam. Nec in neque mauris, enim hac risus in lorem. Mi risus, feugiat egestas nunc vehicula vehicula libero. Nec sit ante, amet dictum sem suspendisse mollis magna placerat, sapien arcu non sit mollis...
Lorem ipsum dolor sit amet, nec in adipiscing purus luctus, urna pellentesque fringilla vel, non sed arcu integer, mauris ullamcorper ante ut non torquent. Justo praesent, vivamus eleifend torquent, suspendisse etiam lorem vestibulum, vestibulum in lorem nec vel, sit curabitur dui ligula vehicula quam. Nec in neque mauris, enim hac risus in lorem. Mi risus, feugiat egestas nunc vehicula vehicula libero. Nec sit ante, amet dictum sem suspendisse mollis magna placerat, sapien arcu non sit mollis...