Bookkeeping

(a) Single audits were performed on an annual basis in accordance with the provisions of this part. A non-Federal entity that has biennial audits does not qualify as a low-risk auditee, unless agreed to in advance by the cognizant or oversight agency for audit. (i) A Federal program administered under multiple internal control structures may …

Peer review findings in audits of not-forprofits: What auditors need to know Leer más »

We use the best small business accounting software to enhance efficiency and ensure accuracy. Whether you’re transitioning to a digital platform or need support with an existing system, we guide you every step of the way. We’ll work with you to connect accounts and pull the financial data we need to reconcile your books. Shortly …

Fractional CFO in Phoenix, AZ Accounting Firm Leer más »

When retention reaches 10% of the total bid price, profit margins can become lower than the construction company’s profit margin. When retainage puts a construction company in the red, they must have cash on hand or financing to complete the project as directed. Typically, an employee works for a set period of time before getting …

General Contractors Guide to Handling Retention Money Leer más »

When a company makes a profit at the end of its financial year, its shareholders may decide to allocate part of the profits to retained earnings. Return on earnings is a financial metric used to assess the profitability of retained earnings. This ratio helps investors understand how effectively a company is using its retained earnings …

Dividends Payable Formula + Journal Entry Examples Leer más »

Financial reporting standards play a critical role in the oil and gas industry, ensuring that financial statements are transparent, consistent, and comparable across different entities. In oil and gas accounting, specialized financial reporting standards address the unique challenges of asset valuation, revenue recognition, and depletion. Upstream activities involve exploration and production, midstream covers transportation and …

Oil and Gas Accounting: Key Fields & Principles Leer más »

Investors and stockholders look at this number to see a company’s strength. A stock register is a list of all shareholder’s contact information, how many shares they own, and the identifying number of each share that is owned. Our writing and editorial staff are a team of experts holding advanced financial designations and have written …

Capital Stock: Pro Examples & Research for Investors Leer más »