For businesses belonging to all sectors, developing and Financial statement presentation is crucial. This helps a business both internally and externally. Internally, brands can fathom through such specific analysis and reports about potential issues affecting their financial health and operations. Externally, flawless presentation of financial statement helps businesses to convince banks, stakeholders, and the public […]

Businesses adhere to specific accounting principles to abide by financial norms and regulations properly, across the world. In the USA, GAAP or the Generally Accepted Accounting Principles is what businesses follow in this regard. Publicly traded ventures operating in the country must comply with the US GAAP standards. Entities failing to adhere to the generally

In all types of ventures, looking after accounting operations and financial aspects is important. It is quite commonplace for businesses to keep a dedicated accounting wing for handling such activities but a section of ventures are opting for Accounting Outsourcing these days. The basics of Accounting Outsourcing In outsourced accounting, a venture hires a third-party