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Should you hire a Controller or a Bookkeeper?

Basis 365

A bookkeeper is responsible for maintaining accurate and up-to-date financial records for a business. They record transactions, reconcile accounts, and generate financial statements. In addition, bookkeepers typically handle day-to-day financial tasks such as invoicing, accounts payable, and accounts receivable.

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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

But the most important aspect of any business is accounting. All small business owners need to be familiar with basic accounting and bookkeeping, as it gives them a clear picture of the state of their finances, allows them to make informed business decisions, and lets them react to any adverse changes faster. What is accounting?

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CPA Firm Managing Partner Weighs in on How to Rebuild the Talent Pipeline

CPA Practice

But they also overwhelming said it’s boring, it’s stuffy, you do taxes or audit. That’s it, you sit at a desk all day and crunch numbers, and that’s not true either, particularly if you’re in public accounting or doing consulting work for clients. There’s a lot more to it than doing audit and tax. It’s not glamorous.

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How to navigate accounting assumptions

ThomsonReuters

Therefore, when serving business clients, it is important that accounting professionals have the right framework to ensure that proper financial reporting procedures are in place to help with accounting assumptions. What are the main accounting assumptions? dollars, euros, etc.)

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Gaining More Value with Virtual Accounting

AccountingDepartment

You might want to make changes before the new fiscal year or tax year starts. Here are some of the ways you can benefit from outsourced accounting services. Virtual Accounting Is More Than a CPA. Many smaller businesses only have a CPA that handles their tax return.

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How to Package Your Bookkeeping Services [Guide]

Ryan Lazanis

Here’s an example of how this firm packaged up a variety of its services, including basic accounting services, bookkeeping, and advisory services: U-Nique Accounting LLC. This service trains the clients on bookkeeping and basic accounting system so they are able to do the bookkeeping themselves.

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Client Accounting Services: What is CAS in Accounting?

Snyder

Modern CAS firms take advantage of the technology in general and cloud in particular, provide back-office support and function as an outsourced accounting department customizing accounting services to the needs of their clients. CAS expands beyond the traditional scope of bookkeeping and tax preparation.

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