While it is impossible to predict the exact economic impact of the worldwide COVID-19 pandemic, analysts believe that it will have significant negative consequences on the global economy.

Associations are often set up and run as both nonprofit and tax-exempt organizations. The term "tax-exempt status" refers to an exemption from federal income taxes under the Internal Revenue Code.

A balance sheet is one of the most important financial documents you may use to assess your own finances.

Do you want to build your professional accounting network? The accounting profession is competitive, and it's up to you to put yourself ahead of the pack.

Accountants are sometimes viewed as dull, and uninteresting characters. Books do not balance themselves, and businesses cannot thrive until our accountants assist us in identifying trends, developing budgets, and adhering to those budgets.

As an Accountant, you’re no stranger to dealing with challenges and setbacks, such as the tax laws changing or your Excel suddenly crashing while you're trying to update a formula.

Accounts payable specialis collaborate with other accounting or finance experts to generate bookkeeping and financial transaction records for accountants and auditors to utilise throughout tax season.

A control account is a general ledger account designed for the purpose of documenting and summarizing bulk transactions of the same kind.

As the COVID-19 pandemic continues to wreak havoc for most businesses and organizations, it is imperative that not-for-profit entities (NFP) keep watch over certain areas of their organizations.

For a number of fear-based reasons, businesses are typically reluctant to share financial information with their employees.