Understanding GAAP rules

Increases in net assets from transactions that aren’t revenues or investments by owners. The amount of depreciation recognized during a specific fiscal period. The process of allocating the cost of

How to Read a Statement of Cash Flows

The first section of your cash flow statement covers cash flow generated from operations. If you want to see what a complete cash flow statement looks like, skip ahead to

Best Accounting Software for Small Business of 2025

For a clear example of straightforward pricing, you can review HubiFi’s pricing information. To choose the best SaaS accounting software, you should start by identifying your business needs based on

11 Best Accounting Firms For Startups: 2024 Guide

Think of your financial records as the foundation of your startup’s financial house. Solid bookkeeping practices that track every transaction are crucial for creating key financial reports, like your income

What is Gaap? Definition of Gaap, Gaap Meaning

Basically, a company or an accountant puts a bunch of numbers down on a form and expects people to understand and trust the numbers are correct. Think about accounting and

Bookkeeping Wikipedia

Laura is a freelance writer specializing in small business, ecommerce and lifestyle content. There are dozens and dozens of bookkeeping options available and the choices may seem overwhelming. If you

Best Accrual Accounting Software: 2025 Guide

A professional can help you find the best method for your financial goals, tax needs, and what investors expect. They can also make sure you follow accounting standards so you