Archive for: March, 2020

The 7 Best Accounting Books to Read in 2024

During the pandemic, many people began to think differently about their careers and aspirations. This book helps readers apply Bill Burnett and Dave Evans’ “Life Design” method to their own lives with real-world examples and practical techniques to create a life that works for you and fits your purpose. Turning your passion or idea into…

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Accounting Overview, Principles, Examples, Importance, & Facts

The accrual method of financial accounting records transactions independently of cash usage. Revenue is recorded when it is earned (when a bill is sent), not when it actually arrives (when the bill is paid). Expenses are recorded upon receiving an invoice, not when paying it. Accrual accounting recognizes the impact of a transaction over a…

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