If a company’s inventory is publicly traded, earnings per share must seem on the face of the earnings assertion. By capturing these transactions, the general journal acts as a significant…

This affects their funds, as inventory strategies like LIFO and FIFO impact steadiness sheets and earnings. In instances of rising costs, LIFO can decrease inventory value and revenue margins but…

We then gave each criterion a weighted rating and landed on a final star ranking out of five. If you’re not sure your business needs round-the-clock bookkeeping companies and as…

CPAs are also eligible to represent clients before the IRS if audit support is required, while a non-CPA accountant is not. Academic background, years in the field and professional reputation…