Partners Nolan A. Newman, CPA and Ann M. Imus, CPA have over 64 years of combined experience. NSKT Global helps Seattle-based businesses resolve accounting lapses, including inefficient SOPs, tax noncompliance, and fraud suspicions. The firm takes a specialized and comprehensive approach to accounting and advisory. It offers a range of services, from designing and implementing [...]
CFI is the global institution behind the financial modeling and valuation analyst FMVA® Designation. CFI is on a mission to enable anyone to be a great financial analyst and have a great career path. In order to help you advance your career, CFI has compiled many resources to assist you along the path. Shaun Conrad is a Certified Public [...]
Most bookkeeping experts here are based, in the United States and undergo a challenging selection process, ensuring effective financial management. While Equivity offers a fairly robust bookkeeping package, they don’t use their own software. If you sign up for Equivity, your virtual bookkeeper will use QuickBooks, or another off-the-shelf accounting app, to manage your bookkeeping [...]
For those drafting these statements, it's crucial to follow these steps closely. This ensures financial reports are clear, thorough, and correct. It is essential for being open and building trust with those involved. Statements like the balance sheet and cash flow show a company's financial status. They influence how much trust investors and others have [...]
Consequently, it lengthens the accounting process since keeping track of the employees' work hours is tedious. To sum up, when an employer pays wages to its employees, it is responsible for withholding and paying the required accrued payroll taxes to government agencies. On your balance sheet, accrued payroll appears as a current liability, representing the [...]
The accounting for AROs begins with the initial recognition of the obligation at the time the asset is installed or when the obligation is incurred. This involves estimating the future costs of dismantling and restoration, which are then discounted to their present value. The present value of these future costs is recorded as a liability [...]