Blockchain technology has allowed for the creation of unalterable account books or ledgers, and automation of transaction recording, accounting and bookkeeping, all of which improved... Read More
Accounting
AI has transformed accounting practices through automation of repetitive tasks, elimination of human error and enhancement of efficiency. In addition to this, such a technology... Read More
The online market can be a competitive space, and it’s important to find ways to stand out from the competition. This can be done by... Read More
Tax on Web in the Netherlands
2 min read
The Netherlands recently introduced a new tax payment system called tax on web. This online service is available to all residents starting the first week... Read More
What Is a Chartered Accountant?
3 min read
Chartered accountants were the first to establish a professional accounting body in the UK. They were established in Scotland in 1854. They are a highly... Read More
Accounting Interpretation
2 min read
An Accounting Interpretation is a written document that extends the concepts in an accounting standard. It describes how the standard should be applied to specific... Read More
What Is Accrual Accounting?
2 min read
What is Accrual Accounting? The short answer is: it is a type of accounting that records future income and expenses on an ongoing basis. Consider... Read More
What Is an Accounting Entity?
3 min read
An Accounting Entity is the entity for which accounting records are kept. In accounting, an entity is the subject of a transaction, such as a... Read More
Important Steps in the Accounting Cycle
3 min read
When you close the books of a previous month, you enter your first step into the accounting cycle: organizing your financial transactions. This includes coding... Read More
Advantages of Accounting Books
2 min read
There are several advantages of Accounting Books. First of all, the books contain practical information that students can use right away. They are written in... Read More