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Accounting and Tax Guide

Three Things to Do as a Release During or After an Incredibly Long Work Week

Depending on who you ask, a good majority of folks today would tell you they do not love their jobs; it’s very rare and unique if someone loves what they do for work. Add on top of your current job, some extra stressful things throughout the week, and you’ve got yourself a dark situation. Don’t get too down however, There are several outlets you can use to alleviate some of the pressure and recenter your focus on finishing your... [Continue Reading]

Importance of Reputable Stock Broker - XTrade Europe Case

Online investing is not some kind of a cozy place where you can enjoy in fruits of your labor in a long run. The truth is quite different. It is more like a thrilling experience, simply because you do not know what will come next. If you think that only newbies have such problems, you are wrong. Even the most experienced XTrade Europe investors have big troubles to resolve all complications on their path. This is the reason why we need professional... [Continue Reading]

The Many Skills of Starting and Running a Business

According to www.business.gov.au, Australia has more start-up small businesses than any developed country in the world. The Australian Government recognizes the importance of start-ups and entrepreneurs in helping to fuel investment and jobs in this country. That’s why in its 2015 Budget, the Government is encouraging start-ups and entrepreneurship by promising a package to help Australians start up small businesses and to help energize... [Continue Reading]

What Is Online CFD Trading?

If you have any experience in trading financial instruments you may find online CFD trading very interesting and a new option to trade on financial markets. With traditional trading methods like stocks, indices, commodities, Forex and others, the hassles of owning the assets and transferring costs were significant. But in CFD trading you do not need to own any of the assets and you just make profits due to changes in the prices of the underlying... [Continue Reading]

Filling Your Company’s Accountancy Needs

Most entrepreneurs have a do-it-yourself approach in handling their business. As long as they can give adequate attention to it and they have the necessary competencies to get it done, they want to make sure that they have full control of just about every detail in their company. However, there are times when getting professional help is the best way to go. One such aspect that’s best left to the professionals is accounting. There are distinct... [Continue Reading]

Accounting: Getting The Most Out Of Your Tax Return

It is the end of the financial year and everybody has the the same thing on their minds-- tax time. Everyone starts preparing their emails and receipts for donations and other evidences that can help increase their chances of a higher deduction to their taxable income. Here are a few reminders that you can use in getting the most out of your tax return.   Donations are tax deductible   At this time of the year, everybody searches for... [Continue Reading]

How to find the best money market rates

If you’re the kind of investor who is looking for a more conservative, less risky investment without compromising the chance to make money, you’ll need to find the best money market rates possible. If you aren’t experienced, it can be a challenge to sift through the seemingly endless array of choices to find a money market fund that will work for you, both to keep your investment protected and to still offer a decent (if not better)... [Continue Reading]

Four Money Mistakes Businesses Should Avoid

Financial stability can be one of the most difficult aspects to owning a business, especially if the business is in the beginning stages. While many businesses have difficulty yielding a profit, a great way to start your business off on the right foot is to be financially minded from the very beginning. Getting started properly can help you keep your business’s finances and records under control, which is a crucial aspect to business success.... [Continue Reading]

Benefits Of Hiring An Accountant For Your Business

Many businesses make the mistake of not hiring an accountant to deal with their finances and accounting needs. This tends to be because having an accountant is seen as being a luxury, something that only larger businesses should have. However, that isn’t the case. Accountants can be beneficial for businesses of all sizes. From giant corporations to one man business startups, accountants are incredibly useful. There are so many benefits of hiring... [Continue Reading]

Maximise Your Profit Margin Today!

Owning a business is all about taking risks. But you need to make sure you are making the right decisions. Taking the right gambles. How do you do this? You may need some expertise. Are you looking to increase your profits so you can expand your business? Then there are some steps you can take. They can be separated into two categories: cutting costs and maximising profit. As any good businessman knows reducing your spending is the easy way to increase... [Continue Reading]

Amazing Ways Your Business Can Benefit Financially

When you run a business, there is a lot that you need to consider. You’ll be faced with more responsibility than ever before. But you’re also going to face a lot of financial stress. As a business owner you’ll be required to pay for everything yourself, so you need to think up ways to cut costs. It can be very expensive trying to run a successful company. Make sure you take these ideas on board, they will help you benefit... [Continue Reading]

Keeping Your Company Costs Low This Year

Source The economy can be a tough master, particularly for a small business or a startup company. You need to be savvy and know how to save money. You should offer business packages that are enticing for an employee.  However, they should also be affordable enough that you can provide them. There are ways to save money without cutting starting to cut corners and reducing your work quality or your profit potential. Here is how you can begin... [Continue Reading]

Accounting & Tax News

FASB Issues Proposed Changes to Accounting Guidance for Long-Duration Contracts Issued by Insurance Companies
NORWALK, Conn.--(BUSINESS WIRE)--The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (ASU) intended to improve financial reporting for insurance companies that issue long-duration contracts, ...

Contract Value Or Fair Value?
In July 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2015-12, Plan Accounting: Defined Benefit Pension Plans (Topic 960), Defined Contribution Pension Plans (Topic 962), Health and Welfare Benefit ...

What can you do with an accounting degree?
The world of business rests on an accountants shoulders, for it is they who are responsible for the management and analysis of transactions and capital holdings. Another, more old fashioned term for an accountant is a "bookkeeper" as the ...

AICPA partners with state CPA societies to bolster accounting education in high schools
The AICPA announced on Wednesday that they will be partnering with state CPA societies across the country to increase the amount high school educators teaching high-level accounting courses. Over the course of the current school year, the AICPA will ...

Sage advice: Avoid the Windows 10 Anniversary Update – it knackers our accounting app
Accounting software developer Sage has warned that the Windows 10 Anniversary Edition may break your Sage 50 installation. In an advisory circulated to customers on Tuesday, Sage says the latest version of Microsoft's operating system can create a ...

Free accounting fundamentals program offered in Troy
Those interested in getting a crash course in the fundamentals of accounting are invited to attend a free introductory program at Walsh College's campus in Troy held on Saturdays throughout October. The course is made possible through a gift made in ...

SEC won't pursue clawbacks in Weatherford accounting fraud case
Weatherford filed its first restatement on March 8, 2011. That restatement was intended to address a four-year income tax accounting fraud allegedly perpetrated by James Hudgins, the vice president of tax and later an officer of Weatherford, and Darryl ...

Sustainability Disclosures Making Headway in Reports
Elisse Walter, a former chair of the Securities and Exchange Commission and a current director on the Sustainability Accounting Standards Board, spoke Monday at a Financial Executives International and Ernst & Young conference on financial reporting at ...

Officials 'lost confidence' in Southington High bookkeeper after accounting error, documents show
SOUTHINGTON — The bookkeeper placed on leave after the start of a police investigation into $9,000 that went missing from a safe at Southington High School was previously involved in an accounting error that led administrators to say they had lost ...

Officials 'lost confidence' in Southington High bookkeeper after ...
Officials 'lost confidence' in Southington High bookkeeper after ...

New lease accounting standard proposed for federal entities
The Federal Accounting Standards Advisory Board (FASAB) issued a proposal Monday that would change lease accounting for federal government entities. Proposed Statement of Federal Financial Accounting Standards (SFFAS), Leases: An Amendment of ...

My message to Saint Mary's College accounting students
There were six of them then. She even came and pretended she was an accounting major so she could write her story. She thought “we” the collective accounting majors, had it all because we had “job opportunities” while she was walking through the dining ...

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