1. Money

Basic Accounting and Bookkeeping Practices

Bookkeeping practices include setting up the books for a business, either by hand or on the computer. Even if you use computerized accounting and bookkeeping, you need to know or you need to employ people who understand the background of the data entry.
  1. Bookkeeping Essentials (22)
  2. Bookkeeping Tutorials (2)
  3. Accounting Practices (6)
  4. Chart of Accounts (1)
  5. Assets, Liabilities, Equity (3)
  6. Revenue and Costs (3)
  7. Prepare Financial Statements (2)
  8. Cost Volume Profit (15)
  9. Business Structures (3)
  10. Inventory and Purchasing (7)

Accounting Information Systems and The Different Types
Business firms collect and process their financial data using accounting information systems.

Top 2012 Accounting Software for Business
Here is a list of the top small business accounting software packages for 2012. Some of these are free accounting software packages. One of these software packages should be right for businesses from the tiny microbusiness to small and medium-sized businesses.

Factors to Consider When Hiring a Good Small Business Accountant
Most companies need help from accountants outside their firm at some point. They may need assistance with tax preparation and planning. They may need assistance with management consulting. Here are some factors you should consider when deciding if you need to hire an accountant or CPA for your company.

IFRS and FASB - What are Financial Reporting Standards?
IFRS, international financial reporting standards, issued by IASB, the International Accounting Standards Board, and FASB, the Financial Accounting Standards Board that sets accounting standards for U.S. companies are working together to establish consistent accounting standards on a global basis.

The Sarbanes-Oxley Act and the Enron Scandal - Why are they Important?
The Sarbanes-Oxley Act of 2002 was passed in response to a number of corporate fraud incidences in the early 2000's and increases the rules on corporate governance and corporate accountability in order to protect investors.

Bookkeeping 101 - A Beginning Tutorial
There is a difference between bookkeeping and accounting. As you set up a business firm, you define that difference and decide what type of personnel you need - a bookkeeper, an accountant, and/or a controller - to set up your accounting system.

Bookkeeping 102 - Understanding and Using Debits and Credits
Debits and credits are one of the hardest accounting conventions to understand. Understanding debits and credits is the key to doing proper journal entries. This tutorial will help you.

The Accounting Cycle for a Company
The accounting cycle is a series of steps that the firm takes every accounting time period in order to take account of its financial transactions.

Best iPhone Apps for Business Finance
Here are some of the best iPhone apps for business finance and accounting. The iPhone, more than the Blackberry, was seen in the past as a phone for fun. Not any more. You can access your business and software for your business, much of which you can sync up with your home computer on the iPhone. This is not an exhaustive list but simply what I...

American Institute of Certified Public Accountants
Every small business needs a certified public accountant to audit its books and do its taxes. This link takes you to the professional association for CPAs.

Microsoft Accounting Software
Microsoft offers a simple but powerful accounting software package.

How to do Cost-Volume-Profit Analysis - An Introduction
Cost-volume-profit analysis is one of the major tools of financial analysis. Financial managers use the contribution margin to do profit planning for the business firm. Here are some articles that will help you, as a business owner, in planning for profit.

Business Risk Ratios - How to Calculate Business Risk
All firms face business risk or the risk that sales will decline and income will decline along with sales. Here are some financial ratios that business owners can use to measure their business risk.

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