Differences and Similarities
When working on building or growing up a business, at some point you will most likely need accounting services. Although there is always the conventional way (working directly with an accountant), there is also the choice to work with a software that will not only help you save money, but also time. There are many … Read more
When working on building or growing up a business, you will most likely need accounting services. There are many enterprises and financial planning software options for this purpose. A couple of these are QuickBooks and Sage. These platforms help you to streamline your accounting, bookkeeping and overall, keep track of all your business management processes. … Read more
When working to build up or grow your business, you will be most likely in the need of hiring accounting services. There are many companies and financial planning software options for you. For example, QuickBooks and FreshBooks. These two can help you to streamline your accounting, bookkeeping and overall business management processes. These softwares are … Read more
In finance, a lease is a contract wherein a person or property grants property, services, etc. for a specified period of time in exchange of payment. There are two types of accounting methods when approaching leases – capital lease and operating lease. In this article, we will discuss the distinction between the two. Operating Lease … Read more
Different countries use different methods of approach in different fields, including accounting. The U.S. GAAP and IFRS are two accounting standards and guidelines that provide a basis for a clear and uniform accounting process. Here, we discuss the differences between the U.S. GAAP and IFRS. U.S. GAAP U.S. GAAP stands for “U.S. Generally Accepted Accounting … Read more
Different industries have various technical terms and jargon. This can cause some confusion especially when the terms used are almost synonymous in regular language. In this article, we will discuss how the terms partner and associate differ in the context of law and accounting. Partner A partner in business is generally a part-owner of a … Read more