Venture capital involves raising capital from institutional investors in exchange for equity in the company. Access to reliable capital has been a contributing factor to the success of many well-known startups that turned into multi-billion dollar companies, such as Airbnb, Uber, and Slack. These companies were able to secure funding early on, which allowed them … Read more
During our discovery call, we can help assess your situation and recommend the most suitable package for you. Our goal is to provide you with the level of support that best matches your needs. Our bookkeepers ensure your accounting reports and statements are error-free, enabling strategic decision-making. Elevate your financial clarity and decision-making with our … Read more
Job adjusting entries order costing for manufacturing is desirable for manufacturers who produce customized or variable goods. Each customer might receive unique versions of products using different raw materials or options, so costs are determined for each job order. LIFO accounting for manufacturing inventory considers the most recent units entered into inventory as the next … Read more
Dissimilarly, in the cash basis of accounting, revenues and expenses are not recognized until the cash is received or paid. Yes, GAAP requires most companies, especially public ones, to use accrual accounting. This method records income net sales and expenses when they happen, not when cash is exchanged, giving a clearer view of financial performance. … Read more