Test Your Inventory IQ: How Much Do You Know About Inventory Controls and Methods?
Inventory is essential to every business and if you don’t understand the various types of inventory methods to determine inventory values and …
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What’s Going on With COLA Raises in 2012, Social Security Tax Wage Levels and Accounting Lobbyists in Washington?
There are set rules on when to increase COLA and based on the Consumer Price Index latest review (2008 to 2011), the 2012 COLA raise should mean good …
Continue ReadingPayroll and Accounting Quiz: How Versed Are You in Payroll Practices?
For business payroll or accounting departments, it’s important to ensure you know all the rules when it comes to payroll, deductions and when …
Continue ReadingHow High Is Your Accounting Special Journal IQ? Find Out With This Quick Journals Quiz!
Accounting can be quite complex but those who love it know the accounting cycle is really a science because all those debits and credits make your …
Continue ReadingThe Trial Balance: Collection of Tips, Templates and Examples
Ask any CPA or tax professional and they will tell you the trial balance is the most important financial tool of all when it comes to financial …
Continue ReadingOne-Stop Guide to Financial Forecasting Including Free Templates
Whether you’re starting your own small business or if you’re already managing a successful enterprise, there are ways to streamline your …
Continue ReadingDump Your Bank and Bank Transfer Day: Should Business Owners Consider Joining These Protests?
Recent days have brought two protests on why you should change your bank. The first was on Saturday, November 5, and the second one came on Election …
Continue ReadingUsing Loss Leaders as Pricing Strategy: What Business Owners Should Know
How much do you know about using loss leaders in line with managerial accounting concerns? Loss incurrence when using this strategy is inevitable; …
Continue ReadingWhen Hiring an Accountant Makes Good Business Sense
Do you view the accounting professional as little more than a bean counter with a calculator? If this is you, be prepared to lose your business to the …
Continue ReadingHow Stringent Should the IRS Be With CPA Firms and Their Staff?
It appears some CPAs in high-up positions think the testing and registration fees are too expensive for some tax professionals, especially those small …
Continue ReadingShould You Rely on Cloud Computing for Your Accounting Needs?
As the year draws to an end, most business owners are already thinking about profits, losses and above all—tax returns. The anxiousness of this time …
Continue ReadingAre You a Working Capital Whiz? Find Out
What’s your working capital IQ? Take this quiz to learn how much you know about managing current assets in order to meet all current obligations. The …
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