You recognize revenue when cash is received and expenses when money is paid. This method doesn’t use more complicated concepts like accounts receivable or accounts payable because you only count the cash as it moves into and out of your financial accounts. Why has accounting for law firms traditionally been such a hassle? It involves […]
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Content Should you DIY or hire a bookkeeper? Key Hard Skills for Bookkeepers Top Bookkeepers in San Jose Linda Rost’s Better Bookkeepers Bench.co A Certified Public Accountant (CPA) is a type of accountant who has passed a rigorous CPA exam and met state licensing requirements. They are authorized to perform audits and reviews and can...