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Tag Archives: Accounting

Setting Up Quickbooks – Entering Accounts Part One

Introduction Adding accounts to Quickbooks is very easy, the warning here is that it is so easy that making a mistake either in placement of the account or the identification of where to put it may be a little deceiving. It is always advisable that you consult a professional to help you as once you add these accounts and begin using them, it can be a long procedure to correct mistakes.

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Why CPA Accountant Marketing Programs Fail

After developing five accounting firms from 1984 to 1994, I spent the next fifteen years assisting over 2,000 accountants develop and improve their accounting firms as a Practice Development Consultant. This experience showed that many accountants had implemented many marketing programs that fail.

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Bed Linens Showroom – Asset Measurement

Bed linens showroom is an asset of a bed linens business. In placing value on the assets of a business, what figure should the accountant use? The market value? The cost of replacing them? Their original cost? Valuing assets is obviously a bristly problem.

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Accounting Ethics – The Importance of Ethical Practices in Business and Personal Finance

What is ethical accounting? The idea of accounting ethics deals with the moral and values-based judgments and decisions an accountant or accounting agency confront daily in their practice. Due to the nature of their work as communicators of financial information to business managers, shareholders, and the general public, as well bookkeeping and auditing of business entities, accountants and accounting agencies are held to the highest standards of transparency and morality in regards to their research and the information they convey.

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Are Wall Treatments Current Assets?

The term current asset denotes assets which are either currently in the form of cash or are expected to be converted into cash within a short period, usually one year. Cash, of course, is a current asset under this definition, since it consists of unrestricted funds available for immediate disbursement.

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