Small Business Accounting

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1 Types

November 30, 2023 2 min read Definitions

Zero-Proof Bookkeeping: Ensuring Accuracy in Manual Accounting

Finance Accounting Business Management Bookkeeping Accounting Methods Manual Accounting Financial Accuracy Small Business Accounting

Delve into the intricacies of zero-proof bookkeeping, a meticulous manual process that ensures precision in accounting by balancing entries to zero. Discover its applications and limitations.

November 15, 2023 2 min read Definitions

Cash Basis of Accounting: When Cash Reigns King

Accounting Financial Reporting Small Business Management Cash Basis Accounting Financial Accounting Accounting Methods Business Finance Small Business Accounting

Explore the cash basis of accounting where every penny's entry is as celebrated as its exit. Learn how this method impacts financial statements and decision-making.

October 4, 2023 3 min read Definitions

Little GAAP: Accounting for Small Businesses

Finance Accounting Small Business Little GAAP Small Business Accounting Financial Reporting GAAP Compliance

Explore Little GAAP, the simplified accounting principles tailored for small companies, and their impact on financial reporting and compliance.

September 29, 2023 2 min read Definitions

CASE: Decoding the Committee on Accounting for Smaller Entities

Finance Accounting Small Business CASE Accounting Standards Small Business Accounting Financial Regulation Corporate Governance

Explore the pivotal role of CASE (Committee on Accounting for Smaller Entities) in shaping financial frameworks for small businesses, enhancing their economic and accounting practices.