Category: Bookkeeping

  • The difference between a finance lease and an operating lease

    The transfer of ownership isn’t just a formality; it signifies a fundamental shift in the lessee’s relationship with the asset. In general, it can take anywhere from a few days to a few months to receive your equipment, depending on the manufacturer’s lead times. It’s important to check in with the manufacturer early in the…

  • Bookkeeping basics: A guide for small businesses

    Topics include the Uniform Commercial Code (UCC), contracts, securities regulation, Sarbanes-Oxley Act, legal entities, ethics, agency, and bankruptcy. Students will learn principles bookkeeping companies of individual taxation and how to develop effective personal tax strategies for individuals. Students will also be introduced to tax research of complex taxation issues. Common Roles in Accounting It also…